BUSINESS/FINANCE NEWS
Setup News Ticker
   BUSINESS/FINANCE NEWS
Searching for 'Buy'. (Return)

MarketWatchMar 30, 2020
NewsWatch: Ready to buy back into this market? If so, forget about Apple and grab these stocks instead, strategist says
Boris Schlossberg of BK Asset Management says there are MUCH better choices than Apple in this climate.

MarketWatch MarketPulseMar 30, 2020
Kohl's furloughs workers amid extended store closures, draws down full $1 billion revolving credit facility
Kohl's Corp. said Monday that it will extend store closures until further notice and, as a result, will furlough many store associates, distribution center workers and corporate staff whose duties are tied to store operations. Kohl's still offers e-commerce ordering and, starting April 2, in-store pickup between the hours of 11 a.m. and 7 p.m. local time will be available. Furloughed staff will continue to receive existing health benefits. Chief Executive Michelle Gass will forego her salary. Macy's Inc. announced that it would furlough most of its 130,000 workforce on Monday. Kohl's has drawn down its entire $1 billion revolving credit facility, is slashing its capital expenditures by $500 million, is suspending share buybacks and taking a look at the dividend program, and is cutting expenses across marketing, technology and other areas of the business. Kohl's stock sank 6.4% on Monday and has fallen 76% over the last year. The S&P 500 index is down 8% for the past 12 months. Read: Macy's, Kohl's have about 5 months of cash available putting them at risk from extended store closures, analysts say

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


TRENDING TAGS
Coronaviruscases live Trump amid Pandemic
COVID-19FDA Cases During Coronavirus Pandemic
MarketStock coronavirus stocks oil live
stockmarket coronavirus Futures week live
pandemicCoronavirus During COVID-19 amid Dispatches
workerscoronavirus Amazon Instacart strike Macy
Stocksweek Oil these coronavirus Higher
Oildemand price Stocks market Coronavirus
Trumpcoronavirus extends guidelines April Putin
Crisiscoronavirus virus amid Covid-19 hiring

NEWS SOURCES
Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money
CNN/Money Real Estate News
Dismal.com: Analysis
Dismal.com: Indicators
Enterprise Application News
Entrepreneur.com
Forbes Headlines
Forbes Social Media News
FT.com - China, Economy & Trade
FT.com - Financial Markets
FT.com - Hedge Funds
FT.com - Telecoms
FT.com - US
Google Business News
Google Market News
HBS Working Knowledge
Inc.com
INSEAD Knowledge
International Tax Review
Kiplinger
Knowledge@Wharton
L.S. Starrett News
MarketWatch
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly
MSNBC.com: Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
OpinionJournal.com
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money
SEC.gov Updates: News Digest
SHRM HR News
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ US News
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • 617 482 1200
    617 299 8649 (fax)
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2020 CEOExpress Company LLC