A divergence between the S&P 500 and VIX indices raises a ‘red flag’ for the stock market rally, warned former hedge fund investor Jesse Felder. Getty Images It’s a waiting game for investors early on Thursday. Markets are waiting patiently and somewhat nervously for Federal Reserve President Jerome Powell’s keynote …
Read More »Global dividends have suffered the least quarterly since financial crisis
Global dividend payments have fallen to their lowest level in more than a decade, as companies moved to protect their balance sheets amid the pandemic, and dealt a massive blow to investors who rely on payouts to grow them wealth. Total shareholder payments fell from $ 108 billion to $ …
Read More »EPA to use American Airlines approval of surface coating to combat coronavirus
A crew member walks past American Airlines planes parked at the gate during the outbreak of coronavirus (COVID-19) at Ronald Reagan National Airport in Washington, USA, April 5, 2020. Joshua Roberts | Reuters The U.S. Environmental Protection Agency will announce on Monday that it will issue a waiver to the …
Read More »India’s IndiGo is not expected to be profitable until 2022
Indian low-cost carrier IndiGo does not expect to be profitable in the next 18 months, according to the CEO of InterGlobe Aviation, which operates the airline. Currently, the airline flies about 32% of its capacity, Ronojoy Dutta said on Friday. IndiGo is one of the largest carriers in the country, …
Read More »Cheap airlines can have an advantage in today’s environment: Analysts
Jeju Air plane at Seoul Incheon International Airport. Benard | Andia | Universal Image Group | Getty Images Low-cost careers (LCCs) are likely to have an advantage in a price-sensitive and regionally-focused air travel market, analysts told CNBC. However, one observer warned that the benefit can only be enjoyed if …
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