3.84k followers • 30 symbols Watchlist by Yahoo Finance
Follow this list to discover and track stocks have the highest Environmental scores as rated by Sustainalytics Research. This list is generated daily and limited to the top 30 stocks that meet the criteria.
Berkshire Hathaway Inc.
Wells Fargo & Company
Coca-Cola FEMSA, S.A.B. de C.V.
National Grid plc
Digital Realty Trust, Inc.
Liberty Broadband Corporation
Energy Transfer LP
First Republic Bank
Twenty-First Century Fox, Inc.
Arch Capital Group Ltd.
Stanley Black & Decker, Inc. CORP UNIT 2017
Annaly Capital Management, Inc.
Teva Pharmaceutical Industries Limited
Zillow Group, Inc.
InterContinental Hotels Group PLC
Public Joint-Stock Company Mobile TeleSystems
Kimco Realty Corporation
Sociedad Química y Minera de Chile S.A.
Grupo Aval Acciones Y Valores S.A.
New York Community Bancorp, Inc.
LATAM Airlines Group S.A.
The Federal Reserve says it will temporarily lift its asset cap on Wells Fargo to allow the massive lender to underwrite emergency small business loans.
Joseph Ficalora has been the CEO of New York Community Bancorp, Inc. (NYSE:NYCB) since 1993. First, this article will...
Annaly Capital's (NLY) prudent portfolio selection and liquidity levels benefit from its concerted efforts and the Fed's aggressive actions to support the mortgage market amid coronavirus crisis.
Lower rates followed by the coronavirus outbreak and a disappointing fee income are likely to have dampened Wells Fargo's (WFC) performance in the January-March quarter.
ArcelorMittal (MT) is presently collaborating with a number of external partners to manufacture 3D printed face-shields on a large scale.
Sanders' policies haven't been positive for health insurance stocks. He has favored Medicare-For-All and intended to abolish private insurance, which had cast a shadow on health insurance companies for months.
(Bloomberg) -- Berkshire Hathaway Inc. priced yen-denominated bonds on Thursday, joining a global surge in debt issuance during the past month by companies facing a worldwide recession.The multi-tranche debt offering of 195.5 billion yen ($1.8 billion) is the biggest bond offering by a foreign issuer in the Japanese currency since Warren Buffett’s conglomerate tapped the market in September. While spreads on company debt have climbed everywhere amid the pandemic, they remain comparatively low in Japan and within ranges seen in 2019.With economic activity in many nations being put on hold to contain the virus and save lives, borrowing costs for companies globally have surged as credit risks and rating downgrades pile up. Berkshire Hathaway priced 10-year notes at a spread of 105 basis points, more than double the 50 basis points it paid to sell similar-maturity notes a little over half a year ago.Buffett, the chairman and chief executive officer of Berkshire Hathaway, said last month the effects of the virus and an oil shock were “a big one-two punch.” While his company made a number of opportunistic investments during the financial crisis, it has avoided large acquisitions in recent years as U.S. stocks hit record highs, leaving the firm with a $128 billion cash pile by the end of 2019.Borrowers have been breaking debt issuance records in markets around the globe in recent weeks as they build out cash buffers to weather the recession and stockpile cash for potential acquisitions. Almost 50 issuers priced about $117 billion in the U.S. investment-grade bond deals last week, shooting past a record set only the previous week.The size of Berkshire Hathaway’s yen debt sale this time is less than half its inaugural 430 billion yen offering priced in September, which was as one of the biggest ever by a foreigner issuer in the Japanese currency. The company’s yen bonds are expected to be rated AA by S&P Global Ratings and at a comparable level by Moody’s Investors Service.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Cigna (CI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Digital Realty's (DLR) latest data-center facility power on in Singapore comes as part of the company's efforts to bank on the technology boom that the region is set to experience marching ahead.
The Federal Reserve has agreed to “temporarily” lift Wells Fargo's asset cap so that the bank can lend more to customers who need support during the coronavirus crisis. The news comes days after Wells stopped accepting applications to the government’s $350bn small business rescue programme, claiming it could not lend any more money because of a cap on its balance sheet imposed two years ago in the wake of a fake accounts scandal. Wells said that it would resume accepting applications under the scheme, and would offer them to a broader range of clients, having initially prioritised charities and companies with fewer than 50 employees for the $10bn the bank first allocated to the programme.
Teva Pharmaceutical Industries Ltd. (TEVA) closed at $9.54 in the latest trading session, marking a +0.85% move from the prior day.
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...
Wells Fargo (WFC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Jim Herbert has been the CEO of First Republic Bank (NYSE:FRC) since 1985. First, this article will compare CEO...
(Bloomberg) -- India partially lifted a ban on the exports of a malaria drug after President Donald Trump sought supplies for the U.S., according to government officials with knowledge of the matter.Exports of hydroxychloroquine and paracetamol will be allowed depending on availability of stock after meeting domestic requirements and existing orders, said the government officials, who asked not to be identified citing rules. Shipments will be restricted and permission will be on humanitarian ground, they added.The spokesman for the trade ministry was not immediately available for comment.Normally used to treat malaria, hydroxychloroquine yielded promising yet inconclusive results in a small coronavirus trial. While Trump has said the drug is safe, it carries significant side effects. China, Europe and South Korea recommend it as one of several treatments for Covid-19 patients, while India itself advocates health-care workers take the drug regularly as a preventive measure.Still, some top scientists, including White House coronavirus task force member Anthony Fauci, have called reports that the drug might work anecdotal, and said there needs to be further study before its use is encouraged.Trump said at the White House on Monday he was unaware Indian Prime Minister Narendra Modi had banned the export of the drug, and noted he asked Modi to ensure supply of the medicine. If New Delhi declined to ship the medicine, the president said there may be retaliation.India’s export ban had cut off half of U.S.’ supplies of the drugs.According to data compiled by Bloomberg Intelligence, 47% of the U.S. supply of the drug last year came from India makers. Only a handful of suppliers in the top 10 are non-Indian, such as Actavis, now a subsidiary of Israeli generics giant Teva Pharmaceutical Industries Ltd.India’s Department of Pharmaceuticals and Ministry of External Affairs will decide on overseas allocations of the drug, an official said. India’s trade regulator, the Directorate General of Foreign Trade had on March 25 restricted the exports of hydroxychloroquine.‘Personal Rapport’The trade regulator also allowed exports of over two dozen drug formulation and active pharmaceutical ingredients -- the chemicals that make a finished drug work -- in a notification issued on April 6. These were earlier put in the restricted list.India’s decision to lift the ban was driven both by its bilateral trade relationship with the U.S. and the personal rapport between Trump and Modi, said Bipul Chatterjee, who heads the CUTS Centre for International Trade, Economics and Environment in Jaipur.“This decision was an ideal example of how trade equations will develop in the post-Covid-19 world, where food and medicines will increasingly become part of national security concerns,” Chatterjee said Tuesday. “In this case, India seems to have enough hydroxychloroquine to export on humanitarian grounds. But we may not see such generosity among nations for many drugs and food items going ahead.”India produces huge quantities of both the drugs, according to one of the government officials. There are also U.S. companies that produce these drugs in India. India is expecting a doubling of the domestic demand for the drugs, the official said, without giving details of current production numbers. He said the government has been assessing the quantities that can be exported while ensuring internal demand is met.Demand for paracetamol and hydroxychloroquine will be continuously monitored, India’s foreign ministry spokesman Anurag Srivastava said.“In view of the humanitarian aspects of the pandemic, it has been decided that India would license paracetamol and HCQ in appropriate quantities to all our neighboring countries who are dependent on our capabilities. We will also be supplying these essential drugs to some nations who have been particularly badly affected by the pandemic.”Earlier, The Hindu newspaper reported the two-day old ban was revoked after requests from the U.S. and Brazil seeking supplies of the drug.(Updates with drug export data in 7th, 8th paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
(Bloomberg) -- Emboldened by the recent success of riskier bond offerings, the credit market is opening up to more cuspy borrowers, including near-junk rated companies and the first leveraged loan deal in almost a month.Landry’s Inc., a restaurant and casino operator owned by Texas billionaire Tilman Fertitta, is looking to take out a $250 million secured term loan due October 2023. Broadcom Inc. and Ally Financial Inc. priced new bonds rated one step above speculative grade, and the high-yield market remained active with an offering from LifePoint Health that increased in size.It adds up to a credit market that’s gradually willing to take on more risk, after initially only opening up for the highest-quality, investment-grade companies. Record high-grade issuance met by even greater demand, and the success of recent high-yield offerings has helped investor confidence as companies look to shore up liquidity with global lockdowns in effect for the foreseeable future.There were 11 investment-grade deals in the U.S. market, following eight in Europe. Caterpillar Inc. was among those borrowing in dollars, while Repsol SA was the latest oil major to head to Europe’s debt market for fresh funding. Auto companies were also active, with BMW’s finance unit in the dollar market, while Peugeot maker PSA and Rolls-Royce took out new loans. That’s all chugging along even in what’s traditionally a quieter week ahead of the Easter holiday.“One usually should expect a seasonal slowdown in activity, yet with most people in lockdown, it rather feels like a week of business as usual,” said Armin Peter, global head of debt syndicate at UBS Group AG.U.S.Credit risk eased Monday amid fewer reported deaths from the virus in hot spots like Spain and Italy, allowing 11 investment-grade issuers to borrow nearly $20 billion. The high-yield market is starting to get into a rhythm, with LifePoint Health the latest to announce a new offering.Commitments for Landry’s loan are due April 9. It’s luring lenders with a record 14% rate to reopen the leveraged loan marketBroadcom sold a new bond along with CaterpillarFor deal updates, click here for the New Issue MonitorCompanies based in the Americas drew $45 billion from existing credit facilities last week to help them weather the coronavirus crisis, a 52% fall from the previous weekWall Street veteran Peter Kraus said he expects that the rout in credit markets will only get worse, while prices for goods will eventually start to rise amid the U.S. government’s stimulusEuropeEight issuers including Sanofi and LafargeHolcim Ltd raised 7.25 billion euros ($7.8 billion) on Monday, with Repsol following BP Plc, Royal Dutch Shell Plc and OMV AG in to the market.Sovereigns Ireland and Slovenia followed Latvia into the euro market after hiring banks for salesMarket participants surveyed by Bloomberg News don’t expect the usual Easter slowdown in activity this year, with borrowers keen to get deals done while they canBlackrock strategists say the outlook for credit has improved due to the unprecedented central bank action to tackle coronavirus, and it sees room for outperformance in corporate debtStill, the ECB’s latest QE bazooka is proving a double-edged sword for the market: companies are flocking to raise new debt, but the supply gut is keeping bond spreads elevatedPeugeot maker PSA is the latest auto-sector name to raise financing, as it signed a 3 billion-euro 12-month deal, adding to an undrawn credit line of the same sizeEngine maker Rolls-Royce got a new 1.5 billion-pound ($1.8 billion) credit line, after drawing down 2.5 billion pounds of revolving facilities last monthAsiaIn Asia, Warren Buffett’s Berkshire Hathaway Inc. is set to join the record bonanza of corporate debt sales with a multi-tranche sale of yen-denominated bonds maturing in as long as 40 years later this week.Berkshire Hathaway’s multi-tranche yen bond is its first sale in the region since September, when it raised 430 billion yen (about $4 billion) across six tranches in the biggest yen offering by a non-Japanese borrowerBerkshire’s sale may be welcome news for institutional investors in Japan desperate for yield and safer credits. The country’s Government Pension Investment Fund said last week it will allocate 25% of its assets into overseas debt while cutting holdings of Japanese bonds. Read more about that hereRepublic of Indonesia is offering a three-part note sale and will use the proceeds to part-fund its Covid-19 relief and recovery effortsThe Markit iTraxx Asia ex-Japan index of credit-default swaps declined about 3 basis points Monday. Meanwhile Asian investment-grade dollar bond spreads were little changed after widening for a seventh straight week through Friday, according to a Bloomberg Barclays indexTrading volumes were light and liquidity in the market appears thinFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
The Federal Reserve will backstop the Small Business Administration’s emergency loan program, as lenders continue to work through the Paycheck Protection Program.