Stock Pick

  • Airbus examining restructuring including job cuts – sources

    Airbus examining restructuring including job cuts - sourcesAirbus is drawing up plans for a restructuring involving the possibility of “deep” job cuts as it braces for a prolonged coronavirus crisis after furloughing thousands of workers, industry sources said. Chief Executive Guillaume Faury is expected to update managers on Thursday after warning staff last month that the firm’s survival was at stake due to a slump in demand. Under French law, Toulouse-based Airbus cannot disclose restructuring plans internally before consulting trade unions through a formal exercise provisionally expected around end-May.

    from Yahoo Finance https://ift.tt/2zv8Jpn

  • The surprising COVID-19 stock market rally could collapse soon: top strategist

    The surprising COVID-19 stock market rally could collapse soon: top strategistThe stock market could get stuck in the mud soon. This top strategist explains why.

    from Yahoo Finance https://ift.tt/2T5pu1s

  • ‘Don’t fight the Fed’ mantra is working: Stifel strategist

    'Don't fight the Fed' mantra is working: Stifel strategistThe Stifel strategist who predicted April’s market rally says the best strategy right now is to be like the Road Runner: “Step out of the way and let anvil hit Wile E. Coyote — the economy. And then after that, the Fed will act and then you can move on, if you're the investor.”

    from Yahoo Finance https://ift.tt/2Loy1br

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