Text size Two analysts covering Southwest Airlines took two different tacks on the action, with one analyst raising the target price and the other lowering the equivalent of Hold. However, in the era of the coronavirus pandemic, Southwest has been one of the toughest airline stocks. Ethan Miller / Getty …
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US banking giant Goldman Sachs says it expects S&P 500 earnings per share to fall 60% in the second quarter, the biggest decline since 2009 during the financial crisis. “If realized, EPS growth in 2Q 2020 would be the weakest since 4Q 2009,” analysts said, noting that EPS fell 65% …
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In a volatile session, Tesla shares fell into negative territory during Monday afternoon trading, returning a jump of over 14% from the start of the session that had pushed the stock to a new all-time high. However, the move into negative territory was brief, and around 2:45 pm ET, the …
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Text size Fisker believes that Ocean is the world’s most sustainable all-electric SUV. Courtesy of Fisker. It’s official. Spartan Energy Acquisition is buying California-based electric vehicle maker Fisker in a deal that values the startup at $ 2.9 billion, another $ 1 billion valuation for the ultra-powered alternative fuel space. …
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Warren Buffett may have repurchased more than $ 5 billion in Berkshire Hathaway stock in recent weeks. The famous investor revealed its stake in Berkshire in a presentation last week, suggesting that the number of shares outstanding fell by about 1.2% between April 23 and July 7. “It involves relatively …
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