Text size Daniel Slim / AFP via Getty Images American Airlines Group and other companies are queuing for more rescue funds under the Care Act, as the industry faces an increasingly precarious situation due to an increase in coronavirus cases. Five major airlines signed a letter of intent with the …
Read More »Dun & Bradstreet raises $ 1.7 billion as shares gain 15.2% on IPO debut
Text size Spencer Platt / Getty Images On their second trip to the equity markets, Dun & Bradstreet Holdings shares gained 15.2% in their trading debut on Wednesday. Dun & Bradstreet (ticker: DNB) shares traded up to 17% higher than their initial public offering price of $ 22. The shares …
Read More »Chesapeake Energy filed for bankruptcy. Other oil and gas stocks could also be at risk.
Text size Paul Ratje / Getty Images Bond Investors Should Not Be Overly Surprised With Chesapeake Energy‘s bankruptcy. The oil and gas producer filed for Chapter 11 bankruptcy protection in a South Texas court on Sunday, after the company and its creditors agreed to the guidelines of a restructuring plan …
Read More »Nikola’s arrest warrants are outpacing the population, but there are risks
Text size The novelty of Nikola’s truck technology adds to the volatility of stocks. Courtesy of Nikola. Stock of pioneering electric trucks and fuel cells Nikola is being surpassed by a related safety: Nikola warranties. There are still opportunities in warrants for aggressive investors, and it could seem like free …
Read More »Bank stocks are falling because the Federal Reserve has limited its dividends and suspended its buybacks
The Federal Reserve requires banks to resubmit their capital return plans in light of the tensions the coronavirus places on the financial system. Olivier Douliery / AFP / Getty Images Text size The banks’ shares sank in the post-market, after the Federal Reserve took a tougher-than-expected stance on payments to …
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