Business

TJX Joins Growing List of Retailers Furloughing Employees
TJX says it will furlough a majority of its employees, most from its stores and distribution centers, but top executives will not get by unscathed.
Chris Lange
2 hours ago

Why Moleculin Biotech's Coronavirus Treatment Could Be Huge
Moleculin Biotech shares absolutely exploded on Wednesday after the company gave an update on its coronavirus treatment.
Chris Lange
4 hours ago

GenMark's Q1 Could See a Huge Boost From COVID-19
GenMark Diagnostics shares shot up early on Wednesday after the company provided an update on its quarterly numbers and where it stands with its coronavirus test.
Chris Lange
4 hours ago

Bank Stocks at Record Lows Relative to S&P 500: 4 to Buy Now
These four top U.S. banks are incredibly cheap, pay dividends that should remain intact, are rated Buy at Merrill Lynch and offer investors with a long-term time frame tremendous opportunity.
Lee Jackson
8 hours ago

Does JCPenney Stock Have Time to Switch to E-Commerce?
J.C. Penney stock was doing poorly before this crisis, and things have only gotten worse. Will the retailer get on board with the e-commerce trend before it’s too late?
Chris Lange
1 day ago

Exxon Mobil Defends Its Dividend While Slashing Capital Spending Plans
Exxon announced on Tuesday that it is cutting its 2020 capital spending and lowering its cash operating expenses.
Jon C. Ogg
1 day ago

Bakken Oil Field Giant Continental Eliminates Dividend, Slashes Production
Continental Resources, one of the largest producers in the Bakken shale oil region, has suspended its dividend and announced a production cut of 30% for April and May.
Paul Ausick
1 day ago

Bank Dividends and Book Values to Come Under Deep Scrutiny With Earnings
The start of 2020 felt like a virtual Goldilocks period for the major U.S. banks, but the COVID-19 recession has changed all of that drastically. Interest rates were stable at the start of the year...
Jon C. Ogg
1 day ago
Last Updated: 1 day ago

Can Aurora Cannabis Stock Avoid CannTrust's Woes?
Can Aurora Cannabis do anything to avoid the same fate as its peers that are circling the drain? Can anything the company does return it to its former glory?
Paul Ausick
2 days ago

Where Organigram Stock Is Heading After COVID-19
It’s no secret that the cannabis industry has been smoked so far in 2020. Out of this group, Organigram seems to have fared the best. What comes next?
Chris Lange
2 days ago
Last Updated: 2 days ago

The COVID-19 Recession Impact on Small Businesses Is Catastrophic
Despite the government aid coming for payroll protection, many small and independent business owners are now worried that they may never recover from the coronavirus-triggered recession.
Jon C. Ogg
2 days ago

Why This FDA Update Is Huge for Co-Diagnostics
Co-Diagnostics shares popped on Monday after the company announced a key update from the FDA on its COVID-19 test kit.
Chris Lange
2 days ago

Why Immunomedics Stock More Than Doubled
Immunomedics shares soared on Monday after the announcements that a late-stage breast cancer study was halted early and a new chief executive officer was named.
Chris Lange
2 days ago

What Wedbush Is Watching in Biotechs Amid Coronavirus Crisis
In a recent report from Wedbush Securities, the boutique brokerage firm recaps the COVID-19 impact on its coverage universe. Here, 24/7 Wall St. has picked out some of Wedbush’s top picks within...
Chris Lange
2 days ago
Last Updated: 2 days ago

Inovio to Begin Testing COVID-19 Vaccine
Biotech firm Inovio has begun Phase 1 trials of a new vaccine for COVID-19. The trial is beginning Monday.
Paul Ausick
2 days ago