Victoria’s Secret owner sees stock jump 40% as markets rebound

Nicholas Say

L Brands (NYSE:LB) stock jumped almost 40% as the fashion group behind Victoria’s Secret saw markets rebound after the US Senate agreed a $2trn relief package to combat the coronavirus outbreak. The S&P 500 closed up more than 9% on Tuesday after the measures were passed, its highest one-day gain in 12 years. The Dow…

Hasbro stock jumps as investors like what they hear on Chinese production

Siraj Sarwar

Hasbro (NASDAQ: HAS) stock price jumped 12.5% as the world’s largest toymaker said it has strong demand for toys its products during the coronavirus pandemic and that its plants in China has restarted production. The stock closed Monday at $51.87. Hasbro – which makes Monopoly, Marvel superhero figures and My Little Pony – plunged more…

Five stocks that may outperform the Market in 2020

Siraj Sarwar

Buying strong but underrated stocks amid a market selloff, and ahead of a potential recession, could be the best way to beat the market trends. It is a trusim that buying undervalued stock during the bear market is a great way to boost returns. This is because panic selling lowers valuations of several high growth…

Amazon stock picks up speed – pandemic pushes demand at Big Tech giant

Siraj Sarwar

After outperforming a broader market trend last month, Amazon (NASDAQ: AMZN) stands among the stocks that are hinting signs of a rebound in the days to come amid demand growth as more people are forced to stay at home. Market analysts have started increasing revenue forecasts for the March quarter and the full year as…

Investment banking revenue-LearnBonds.com

World’s Five Largest Banks see Investment Banking Revenue Slide to $26.1bn in 2019

Jastra Ilic

Trade tensions, slow growth, and low-interest rates all left their mark on the world’s largest banks last year, affecting the investment banking revenue they racked up. The five largest global banks hit $26.1bn in investment banking revenue in 2019, 3% down on the year, according to data gathered by LearnBonds. JP Morgan, ranked as the…

MGM Stock has Crashed 70% this month – but uptick sees investors buy again

Siraj Sarwar

MGM Resorts (NYSE: MGM) stand among the worst performers as the spread of coronavirus has created unprecedented damages in the tourism industry – including massive layoffs, expansion plans and the threat of bankruptcies. Executives from the tourism industry recently met US President Donald Trump to get a bailout package for the struggling industry. MGM, which…

M&S stock chief executive Steve Rowe

Marks & Spencer and other firms scrap dividends to save cash during pandemic

Roger Baird

A flurry of the UK’s biggest firms suspended dividends in a battle to shore up their balance sheets as business volumes collapse due to the coronavirus. Marks & Spencer, Travis Perkins, JD Wetherspoon and Intercontinental Hotels told the markets today they would suspend investor payouts as they struggle to cope with a fall-off in customers…

The telehealth sector is gaining popularity - top five stocks

Top 5 Telehealth Stock Buys in March 2020

Adam Green

The telehealth sector is gaining in popularity, and the coronavirus outbreak will only play to its strengths. Telehealth platforms remove the need for all types of face-to-face meetings between doctors and patients. Instead of visiting a surgery, telehealth connects people via streaming or other digital services. The service cut costs, and because it is a…