• Hedge Funds Piled Into Gilead Sciences, Inc. (GILD) During The Crash

    Hedge Funds Piled Into Gilead Sciences, Inc. (GILD) During The CrashThe financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]

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  • Hertz files for Chapter 11 bankruptcy

    Hertz files for Chapter 11 bankruptcyHertz and LATAM became the latest companies that have been hit hard by the coronavirus crisis. Yahoo Finance’s Tom Belger weighs in on how the companies are faring.

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  • Nokia shuts plant in south India after 42 test positive for coronavirus

    Nokia shuts plant in south India after 42 test positive for coronavirusNokia last week suspended operations at a telecoms gear manufacturing plant in southern India, the company said on Tuesday, after some employees tested positive for COVID-19. Nokia did not disclose how many workers at the plant in Sriperumbudur in the southern state of Tamil Nadu tested positive, but a source familiar with the matter said they were at least 42. The factory had begun operations in a restricted manner over the past few weeks, Nokia said in a statement, after India eased the world’s biggest lockdown to kick-start its economy which has been pummelled by the shutdown.

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