Oil industry analysts at IHS Markit forecast the global over-production of crude will amount to 14 million barrels a day in the second quarter. About that much again is expected to go into storage.
Ford's balance sheet troubles and junk-rated debt make a recovery difficult. The company has to get back on its feet quickly.
Apple Watch is the best selling smartwatch in the world. A critical new feature could boost Apple stock later this year.
Outplacement firm Challenger, Gray & Christmas reported Thursday that more than 670,000 job cuts were announced in April, the highest total ever. Just over 98% of the cuts were related to the COVID-19 pandemic.
Is Aurora Cannabis headed for bankruptcy reorganization? The signs are unmistakable, though maybe not unavoidable.
With investments in booze, pot, tobacco and e-cigarettes, Altria has the sin category just about covered. However, the COVID-19 outbreak may indicate that the cost of sin has limits.
E-commerce platform provider Shopify posted adjusted EPS of $0.19 on revenues of $470.0 million in the first quarter of 2020. In the same period a year ago, the company reported EPS of $0.06 on…
AT&T will launch its HBO Max at the end of the month, but it may be swimming against the video streaming tide. Investors won't care as long as dividend gets paid.
Here's a look at what has caused Canada's marijuana sales to increase so slowly, what impact that had on Aphria in particular, and how the pandemic will affect that company's future.
Tyson Foods reported fiscal second-quarter earnings Monday morning that fell short of analysts' expectations as the coronavirus outbreak has raised costs and lowered productivity.
In the latest revision to its Global Energy Review, the IEA estimates that global demand for energy will decline by 6% in 2020 due to the COVID-19 pandemic. U.S. demand is expected to fall…
Exxon Mobil posted a first-quarter diluted earnings per share loss of $0.14 on revenues of $56.16 billion. First-quarter results compare to the consensus estimates for a breakeven quarter on revenues of $51.85 billion.
Chevron posted first-quarter EPS of $1.93 on total revenues of $29.71 billion. First-quarter results compare to the consensus estimates for EPS of $0.68 and $29.38 billion in revenues.
After markets closed Thursday, Visa reported earnings per share (EPS) of $1.39 and revenues of $5.9 billion. Consensus estimates called for EPS of $1.35 and $5.75 billion in revenue.
Boeing has filed a preliminary prospectus related to senior note offerings that have been rated as just one notch about junk.
U.S. oil majors Exxon Mobil and Chevron report first-quarter results Friday morning that will be far below initial expectations. Both, however, will pay their regular dividend for both the first and second quarters of…
Aytu Bioscience has moved very quickly, both to execute agreements for products that can have an impact on the COVID-19 pandemic and to raise the capital it will take to provide a return on…
Oil and gas producer Chesapeake Energy is reportedly preparing a Chapter 11 bankruptcy filing as it tries to dig out from under more than $9 billion in debt.
Twitter reported first-quarter earnings that included solid revenue growth and a modest beat on earnings per share. However, the good news for investors may be in a new focus on profit.
Fannie Mae and Freddie Mac have been approved to purchase some single-family home loans in forbearance. This may help maintain liquidity in the nation's mortgage market.
