The pressure to restock grocery stores and distribution centers stripped by COVID-19 buying has quickly given way to a slump for truck freight. As March segued into April, the spot market took a tumble, according to figures from DAT Solutions and Truckstop.com. ...
With interest rates at all-time lows, income investors have few places to turn for solid yields. To make things even more difficult, the (coronavirus) COVID-19 stock market sell-off has already triggered a handful of companies to cut or suspend their dividends.Red Flags Not only do dividend cuts drive away income investors, they're also a sign of potential liquidity issues at the underlying company. The sell-off has driven dividend yields of a number of S&P 500 stocks to their highest levels in years. But as attractive as a double-digit dividend may seem on the surface, a dividend is only as good as the company paying it.The quickest way to assess the reliability of a dividend is to look at a company's payout ratio. A payout ratio is a measure of the percentage of a company's EPS that is going back out to meet its dividend payment obligations. Ideally, a healthy dividend stock...
The Lightning Electric models are being provided to the hospital system by Wondries Fleet Group, a leading fleet dealer in California. All 12 are Class 3 delivery vans and were purchased under the terms of a California state contract. ...
Treasury Secretary Steven Mnuchin told Fox Business he will be meeting with airline advisors this week, as the coronavirus weighs in on the sector. Yahoo Finance’s Emily McCormick joins Seana Smith to discuss....
Clinical data on potential treatments for the new coronavirus could help sustain a market bounce that has buoyed stocks after last month's plunge, as investors look for signs that authorities may be able to stabilize the pandemic. Highly anticipated data for a Gilead Sciences Inc experimental antiviral drug are expected later this month. Analysts are also awaiting results in the near-term for products already approved for other conditions from companies such as Roche Holding and Regeneron Pharmaceuticals....
‘It would be unusual and unprecedented for a bear market or recession to only last 30 or 45 days. It just doesn't happen,’ said Darrell Cronk, president of the Wells Fargo Investment Institute....
