Why MagnaChip Semiconductor Stock Just Popped 25%
MagnaChip will sell businesses contributing 40% of its revenues -- for a price 85% of its market cap.
Why Clear Channel Outdoor Stock Just Popped 24%
The company has a big pile of cash coming to it. Will it be enough?
Mall Owner Simon Property Group Furloughs 30% of Workers
1,350 jobs could be at risk.
Urban Outfitters Says It Won't Pay Rent During COVID-19 Pandemic
Will other retailers follow suit?
Kohl's Calls a Halt to Stock Buybacks, Could Cut Dividend
The company is borrowing $1 billion to pay a 16% dividend. Does that make sense?
Ex-Boeing Exec to Lead Amazon Drone Delivery Biz
David Carbon will spearhead the effort to turn drone delivery from concept into reality.
Why Campbell Soup, Hershey, and Coca-Cola Stocks Popped 5% Today
These three look shelf-stable for a long quarantine, but what happens after it ends?
Why Facebook Stock Just Popped 6%
Business is bad and will remain bad for another quarter -- then it will bounce back.
Why Intel Stock Popped 7% This Morning
An analyst predicts the recession could be just six months long.
Raytheon, United Technologies Merger Gets Green Light to Proceed
Look for new stock ticker symbol "RTX" Friday morning.
Russia's Rosneft Sells All Its Venezuelan Oil Assets ... to Russia
The deal appears to be calculated to move Rosneft off a U.S. economic blacklist.
Why Boeing Stock Just Dropped 9%
Investors appear to be taking profits.
Shopping From Home Gets Harder as Instacart Workers Strike
Instacart had 200,000 workers and is adding 300,000 more. That may not add up to 500,000, though.
Is SpaceX Really Worth 10x Boeing and Lockheed Martin's Space Business?
Yes. In fact, when you do the math, SpaceX could be worth even more.
L Brands Extends Its Store Closures, Suspends Dividend
Employees of its Bath & Body Works, Victoria's Secret and PINK chains will be furloughed next month, but will keep their health benefits.
Why Chart Industries Stock Fell 6% Today
An analyst cut its price target, which was both bad news and good.
American Airlines Sees Situation Getting Worse, Not Better
Flight cancellations in May will be steeper than in April.
OneWeb Could File for Bankruptcy As Early As Today
OneWeb has only managed to orbit about 12% of the satellites it initially planned on.
Why Cracker Barrel and Shake Shack Shares Are Down Today, but Zoom Video Stock Is Up
The surgeon general warns that COVID-19 infections could last through Labor Day.
Why Solar Stocks Are Down 10% or More Today
The Senate gave solar stocks no love.