Ford Motor Co is re-evaluating how much office space it needs for white-collar workers as restrictions put in place during the coronavirus pandemic are eased and employees return to workplaces. In March, Ford, General Motors Co and Fiat Chrysler Automobiles NV (FCA) told salaried employees to work from home to prevent the spread of COVID-19. Ford brought back 12,000 salaried employees last month, and others have been told they can work from home until September, spokeswoman Marisa Bradley said....
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]...
Daimler Trucks North America is beginning to reopen all nine of its manufacturing locations in North America following a three-month hiatus due to the COVID-19 pandemic. ...
Novavax, Inc. (NASDAQ: NVAX) is landing financing deals that could help to successfully develop a vaccine for SARS-CoV, the virus that causes COVID-19.Novavax's Defense Department Funding The Gaithersburg, Maryland-based biotech said late Thursday that it has been granted funding of up to $60 million by the Department of Defense for manufacturing several components of the vaccine codenamed NVX-CoV2373 in the U.S.Benzinga is covering every angle of how the coronavirus affects the financial world. For daily updates, sign up for our coronavirus newsletter.Novavax Analyst: Positive NanoFlu Readout Could Have Driven Increased Conviction The accent on domestic manufacturing is probably due to security reasons, Cantor Fitzgerald analyst Charles Duncan said in a note.Novavax's vaccine consists of stable, prefusion protein antigen made using its proprietary nanoparticle technology and includes its proprietary Matrix M adjuvant.The analyst said he expected funding from government organizations, although Novavax was not part of the "unofficial" list of five finalists...
It's natural to wish that you had taken a stake in Nio (NYSE:NIO) when Nio stock was trading at $2 and change this year. That's a phenomenon you could call "hindsight investing," where a great stock trade is obvious only after the fact.Source: Sundry Photography / Shutterstock.com Nio stock is higher than $2 now, of course, and that raises the question of whether it can go much higher. Should value-focused investors avoid a particular stock just because it recently doubled in value? The thoroughly unsatisfying answer is: it depends on the stock and the circumstances.Based on the data, there should be plenty of upside left for Nio stock. In fact, it's entirely possible that the shares could double again from here. After all, this was a $10 stock a year and a half ago. Could it get there again before the year is over?InvestorPlace - Stock Market News, Stock Advice &...
U.S. President Donald Trump held a press conference on Friday morning following a jobs report from the Labor Department that blew economist expectations out of the water.In his speech, Trump noted that plenty of smart experts have missed the mark when it comes to the resiliency of the U.S. economy amid the COVID-19 outbreak, and he specifically mentioned Wall Street legend and Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) CEO Warren Buffett."Warren Buffett sold airlines a little while ago. He's been right his whole life. But sometimes even somebody like Warren Buffett--I have a lot of respect for him--they make mistakes. They should have kept the airline stocks because the airline stocks went through the roof today and others did too. The whole market went through the roof," Trump said.Buffett On AirlinesBuffett sold Berkshire's entire stakes in Delta Air Lines, Inc. (NYSE: DAL), American Airlines Group Inc (NASDAQ: AAL), United Airlines...
