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K+S could apparently get rid of US subsidiary Morton Salt soon – Shares are Bulling

The fertilizer and salt producer K + S is apparently on the verge of reaching its goal in the planned sale of the American salt business. According to a report by the Bloomberg news agency, the US subsidiary Morton Salt will go to the Kissner...

Goldman CEO Solomon says ‘no question’ response to coronavirus slow

Goldman Sachs CEO David Solomon said that while there is "no question" that the initial U.S. response to the coronavirus pandemic was slow, progress is now being made and a "path forward" from the crisis will emerge in coming weeks."There's no question, David, that...

Crazy volatility forces Wall Street strategists to suspend S&P 500 targets

The stock market has gone so haywire amid the coronavirus crisis that some strategists on Wall Street are giving up on forecasting what comes next.Over the past week or so, chief market strategists at BMO, Oppenheimer and Canaccord Genuity have all suspended their year-end targets on the...

Stocks snap 3-day win streak, Dow down 700

This is a live blog. Check back for updates.10:47 am: Wall Street analysts upgrade stocks on hopes the market has bottomedDeutsche Bank upgraded Qualcomm to buy from hold.Bank of America downgraded JPMorgan to neutral from buy.Loop Capital upgraded Home Depot to buy from hold.JPMorgan upgraded...

Dow up 1,500, gold surging

All eyes are on Congress to pass a much-needed stimulus bill to rescue the economy from the coronavirus damage. The stock market is staging a turnaround with the Dow rebounding from its 2016 low. Here's what's happening:10:52 am: Goldman says buy gold now: 'Time to buy...

Bank of America says the recession already here

Bank of America warned investors on Thursday that a coronavirus-induced recession is no longer avoidable — it's already here."We are officially declaring that the economy has fallen into a recession ... joining the rest of the world, and it is a deep plunge," Bank of...