site stats
Home » Archives by category » Finance

Exxon cuts capital spending by 30%, but CEO says it’s ‘committed to maintaining’ dividend

Exxon cuts capital spending by 30%, but CEO says it’s ‘committed to maintaining’ dividend

Exxon is slashing its 2020 capital spending plan as depressed oil prices hammer the energy sector, but CEO Darren Woods said that the company’s dividend is safe for the time being. “A lot of our shareholders are retail shareholders — people who depend on that dividend — so we’ve been pretty committed to maintaining that […]

Kraft Heinz, 3M, Slack and more

Kraft Heinz, 3M, Slack and more

Take a look at some of the biggest stocks moving before the market opens: Exxon Mobil – Exxon Mobil said it was cutting 2020 capital expenditures by 30% and cash operating expenses by 15%, with the moves designed to put it in the strongest possible position when the energy markets improve. Slack Technologies – The […]

Small businesses find themselves waiting for updates on loan approvals

Small businesses find themselves waiting for updates on loan approvals

Jen Morrow is eagerly awaiting an update from her community bank, Sandy Spring, on a $30,000 loan request for her book store, Bards Alley, in Vienna, Virginia. Since the start of the coronavirus outbreak, Morrow has gone from 12 employees to a staff of just three, including herself, as her bookstore — typically filled with book […]

Market trend just ‘flipped’ in the coronavirus chaos: Bespoke’s Hickey

Market trend just ‘flipped’ in the coronavirus chaos: Bespoke’s Hickey

The coronavirus chaos has turned a historical market trend on its head. According to Bespoke Investment Group co-founder Paul Hickey, buying and holding stocks in extended hours trading has morphed into a losing proposition for investors. Typically, it has been a time frame that’s more profitable than buying at the open and selling at the […]

Stock futures fall following rebound on hopes pandemic is stabilizing

Stock futures fall following rebound on hopes pandemic is stabilizing

Stock futures fell slightly in overnight trading on Monday, following a steep rebound in the previous session, as investors grew more hopeful that the peak in coronavirus cases could be reached soon. Futures on the Dow Jones Industrial Average dipped about 40 points, implying a 100-point loss at Tuesday’s open. The S&P 500 and the […]

Page 1 of 537123Next ›Last »

Widgetized Section

Go to Admin » appearance » Widgets » and move a widget into Advertise Widget Zone