Cambrial Capital to Shut Down After Coronavirus Tanks Markets: Sources

U.K. stocks skidded lower on Thursday on worries markets have climbed too quickly in the face of the coronavirus pandemic still keeping most economies shut......»»

Despite the coronavirus pandemic, Xiaomi has continued to make gains in smartphone markets outside China, reducing its reliance on the domestic market to sustain its smartphone business, according to industry sources......»»

REUTERS/Brendan McDermid Pershing Square Capital Management founder Bill Ackman was k.....»»

Rising tensions between the U.S. and China over the handling of the COVID-19 pandemic are sending shivers through financial markets, but shouldn’t have a lasting effect on a stock market that’s in rebound mode, says Capital Economics......»»

Felicia Lynch started a dream job in November as an assistant knitwear designer for a luxury brand in Lower Manhattan before the coronavirus pandemic took full swing in New York’s fashion capital and... To view the full story, click the title link......»»

New orders for key U.S.-made capital goods unexpectedly rose in March, but the gains are unlikely to be sustainable amid the novel coronavirus outbreak, which has virtually shut down the country and contributed to a collapse in crude oil prices......»»

New orders for key U.S.-made capital goods unexpectedly rose in March, but the gains are not likely to be sustainable amid the novel coronavirus outbreak, which has abruptly shut down the country and contributed to a collapse in crude oil prices......»»

U.S. stock markets jumped at the open on Friday as some states prepared to relax curbs imposed to contain the coronavirus outbreak, with a surprise rise in orders for U.S.-made capital goods adding to the gains......»»

REUTERS/Sukree Sukplang Mark Mobius, founding partner of Mobius Capital Partners, thinks the economy will recover from the coronavirus toll but sees the potential for another round of pain. In an interview with MarketWatch on Monday, Mob.....»»

The coronavirus pandemic forced it to temporarily shut all 43 of its Neiman Marcus locations and furlough many of its roughly 14,000 employees......»»

Target Corp. was upgraded to outperform from market perform at BMO Capital Markets after analysts forecast it will take market share from retailers that cease operations.....»»

REUTERS/Peter Nicholls Legendary emerging markets investor Mark Mobius warned that marke.....»»

J.C. Penney Co Inc is exploring filing for bankruptcy protection after the coronavirus pandemic forced the U.S. retailer to temporarily shut its 850 department stores, upending its turnaround plans, according to people familiar with the matter......»»

Most TV brands are cutting back their panel orders for the second quarter of 2020 as demand for TVs in most markets, particularly in the US and Europe, has contracted significantly due to the coronavirus pandemic, according to industry sources......»»

The U.S. Federal Reserve responded fast to the coronavirus crisis with open-ended programs to keep financial markets running and ensure major companies could raise cash as they usually do through large capital markets......»»

The U.S. Federal Reserve responded fast to the coronavirus crisis with open-ended programs to keep financial markets running and ensure major companies could raise cash as they usually do through large capital markets......»»

Breaking Bad / AMC screencap Valiant Capital Management, a hedge fund led by Chris Hansen, has gained 36% year-to-date through the end of March, The Wall Street Journal's Juliet Chung reported Thursday. In the same timeframe, markets have be.....»»

As the government's economic response to the coronavirus catastrophe shapes up, small business owners worry Main Street is being overlooked. Small businesses often lack the financial resources, including lines of credit and access to capital markets,.....»»

The sell-off began after the Federal Reserve took extraordinary steps Sunday afternoon to bolster the U.S. economy, signaling that it saw an economic crisis unfolding as businesses shut down and borders are closed to contain the coronavirus......»»

Traditional monetary-policy medicine may not be up to the task of addressing a pandemic that has disrupted financial markets and shut down large swaths of the economy......»»