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Research Market strategy
by Swissquote Analysts
Walt Disney Co. is planning to layoff 32,000 employees, primarily at its theme parks, as the coronavirus continues to hit the entertainment company's businesses hard. Disney announced 28,000 job cuts in September and it expects to terminate its employees' contracts in the first half of fiscal...
27.11.2020
Global stocks are trading sideways near record highs, while the US stock market was closed on Thursday in observance of Thanksgiving Day. The New York Stock Exchange will close early on Friday.The Wall Street index futures are mixed i...
27.11.2020
US equities retreated on Wednesday after three bullish sessions in a row that pushed the indexes to new records. Still, Nasdaq managed to close higher. Investor sentiment has turned gloomy after the US reported on its initial jobless ...
26.11.2020
Nestle SA said that it has agreed to sell its Yinlu peanut-milk and canned-rice-porridge businesses in China to Food Wise Co. for an undisclosed amount. Under the agreement, Nestle unit Yinlu's five factories located in the Chinese cities of Fujian, Anhui, Hubei, Shandong and Sichuan will be...
26.11.2020
US equities continued the bullish stance on Tuesday, with the three indexes updating their record highs. Investors expect a rapid recovery next year after the rolling out of the COVID vaccines. Also, the transition of President-elect ...
25.11.2020
General Electric Co. warned employees that more job cuts are coming to the conglomerate's jet-engine business because of the pandemic's impact on commercial air travel even with the promise of a vaccine on the horizon. In an internal video message delivered before the Thanksgiving holiday, GE...
25.11.2020
 
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