Month: April 2020
Chico’s FAS (CHS) dips to 21-year low amidst digital transition hopes
Chico’s FAS, Inc. (NYSE: CHS) stock plunged to a 21-year low of $1.07 on Thursday due to the extension of…
US unemployment claims double to 6.6 million in a week; stocks fall
After climbing to a record high a week ago, jobless claims in the US more than doubled and reached unprecedented…
BlackBerry (BB) Q4 2020 earnings call highlights; blames COVID-19 for not providing fiscal 2021 outlook
Immediately after BlackBerry’s (NYSE: BB) fourth-quarter 2020 results came out last evening, its stock traded in the green for quite…
Why HP (HPQ) is better off without Xerox (XRX)
Xerox Corp. (NYSE: XRX) has dropped its takeover bid for HP Inc. (NYSE: HPQ) citing difficulties created by the coronavirus…
Is a recession brewing in the US amid the upcoming earnings season?
With just two weeks left for the earnings season to start, the US stock market continued to be battered by…