Wednesday, October 14, 2020

Elizabeth Warren slams Disney for laying off thousands of workers after awarding fat executive pay packages

Senator Elizabeth Warren slammed Disney over decisions she says prioritized shareholders and CEO pay packages over the well-being of its workers.
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Elizabeth Warren slams Disney for laying off thousands of workers after awarding fat executive pay packages
Senator Elizabeth Warren slammed Disney over decisions she says prioritized shareholders and CEO pay packages over the well-being of its workers. Read more »
 
Who cares about credit ratings? Italy can borrow money for free
Italy already had one of the highest debt mountains in the world before the pandemic pushed it into one of the deepest recessions of any major economy. It's still able to borrow money for free. Read more »
 
Don't buy the stock market hype around coronavirus vaccine and treatment companies
The world is waiting for a Covid-19 vaccine or more evidence that other treatments can be effective against coronavirus. But recent setbacks in trials have made investors nervous. Read more »
 
Goldman Sachs posts big jump in profits as market rebounds
Investment banking giant Goldman Sachs reported impressive third-quarter results Wednesday morning. Profits nearly doubled to $3.6 billion and easily topped Wall Street's forecasts. Revenue rose 30% from a year ago and also surpassed analysts' estimates. Read more »
 
Big bank profits are about Wall Street, not Main Street
You'd expect the biggest US banks to be having a tough time right now. Read more »
 
Pilgrim's Pride to pay more than $110 million to settle chicken price-fixing charges
Pilgrim's Pride announced Wednesday that it will pay more than $110.5 million in a plea agreement with the US Department of Justice's Antitrust Division. Read more »
 
 
 
 
Dow Nasdaq S&P
-165.81   -95.17   -23.26
28,514.00   11,768.73   3,488.67
-0.58%   -0.80%   -0.66%
YTD -0.09%   YTD +31.16%   YTD +7.98%
 
Biggest Winners
Concho Resources Inc +10.24%
 
Vontier Corp +4.67%
 
HollyFrontier Corp +3.32%
 
Sysco Corp +2.80%
Biggest Losers
Wells Fargo & Co -6.02%
 
Bank of America Corp -5.33%
 
West Pharmaceutical Services Inc -3.78%
 
United Rentals Inc -3.16%
Hottest ETF
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NYSE Market Volume
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Key Market Stats Latest Today's Change
Oil $41.12 +0.08 / +0.19%
Gold $1,904.80 -2.50 / -0.13%
10-yr 0.72% -0.00
Euro $1.17 +0.00 / +0.03%
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