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Boeing shares climb after resuming passenger jet production

May 28, 2020 2:45 pm
After three consecutive days of gains, the S&P 500 stocks had a muted opening in Thursday trading. Despite that, Boeing Co.’s shares jumped 4.7% in premarket, which marks the biggest climb among the 30 blue-chip companies in the Dow Index. The planemaker stated its plans for resuming the production of its passenger jet 737 MAX. […] Read more

Cineworld shares jump amid UK cinemas reopening plans

May 28, 2020 9:59 am
European stocks opened higher in Thursday trading, achieving a fourth consecutive gain. The German DAX surged 0.7%, while the UK FTSE 100 gained 0.8%. The world’s second largest cinema chain, Cineworld, was also among the leading companies in early Thursday trading, with Cineworld Group’s shares climbing 29%. The company stated that it conducted negotiations for […] Read more

JPMorgan Chase & Co. shares surge, second quarter revenue to surpass 2019 results

May 28, 2020 8:08 am
Wall Street stocks rose in Wednesday trading, with the financial and industrial sectors leading the jump in shares. JPMorgan Chase & Co. was among the top performers on Wednesday, with shares going up 4%. Bank stocks surged significantly as investors were motivated by the hope for recovery that sprung up after businesses started reopening. In […] Read more

Walt Disney shares rise in premarket trading, Orlando theme parks to reopen

May 27, 2020 2:46 pm
Despite the rising tension between China and the U.S., Wall Street stocks jump in premarket trading Wednesday. The reason for this is the hope for the recovery of businesses as companies begin to resume their activities. Walt Disney Company is among the stocks that made the biggest moves in premarket trading Wednesday. The mass media […] Read more

DOWA Holdings shares close high, Japan stocks reverse earlier losses

May 27, 2020 9:59 am
After the increasing tension in Hong Kong, the Asian stocks were mixed in Wednesday trading. While the Shanghai Composite Index and the Hang Seng Index declined, the Japanese stocks closed high on Wednesday. The Real Estate, Paper & Pulp and Railway & Bus were the leading sectors that contributed to the jump in Japanese stocks. […] Read more

Sanofi stock closes low despite $13 billion deal on Regeneron shares

May 27, 2020 8:09 am
Sanofi’s shares closed lower in Tuesday trading despite the recent deal for selling its shares in the U.S. biotechnology company Regeneron. Sanofi will earn about $13 billion after selling a huge part of its 20.6% stake in Regeneron. Despite that, the company’s shares dropped 1% on Tuesday, along with other healthcare companies’ stocks. On Monday, […] Read more

Novavax shares surge after news of experimental coronavirus vaccine

May 26, 2020 2:42 pm
The biotech company, Novavax, was among the top performers in Tuesday trading. The vaccine developer’s shares jumped 13.3% to $52.25 after the company shared that it is launching its experiments on an anti-coronavirus vaccine. Novavax stated that it began the first phase of its vaccine experiment. The first step towards the development of the vaccine […] Read more

TUI stock jumps after airlines plan to resume global traveling

May 26, 2020 1:20 pm
After the holidays in the U.K., the European travel stocks rose on Tuesday as Spain decided to welcome foreign tourists. The multinational travel and tourism company, TUI Group, was also among the best performers with shares surging 35%. The investors were motivated by TUI’s update on resuming flights at the end of June. As the […] Read more