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Fintech Focus For February 25, 2021
Wednesday, February 24, 2021 - 10:06pm | 1647Read More...Quote To Start The Day: Technology is the best enabler of banking the unbanked. Source: Sultan Meghji One Big Thing In Fintech: An outage at the Federal Reserve is creating settlement issues for many financial institutions and exchanges. The Fed's service status page shows that most of its...
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PreMarket Prep Stock Of The Day: Oshkosh Corp.
Wednesday, February 24, 2021 - 12:52pm | 642Read More...Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...
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Ford Could Get A Piece Of Oshkosh USPS Contract As Engine Supplier: Detroit Free Press
Wednesday, February 24, 2021 - 3:07am | 452Read More...Ford Motor Co. (NYSE: F) could gain a share of the multi-billion-dollar delivery vehicle contract awarded by the United States Postal Service to Oshkosh Corp. (NYSE: OSK) on Tuesday, the Detroit Free Press reported. What Happened: Early reports indicated that Ford would partner with Oshkosh by...
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Oshkosh Nabs USPS Next Generation Delivery Vehicle Contract; Workhorse Stock Plummets
Tuesday, February 23, 2021 - 4:58pm | 488Read More...Shares of four companies are reacting to the news that the United States Postal Service has awarded its highly anticipated next generation delivery vehicle contract on Tuesday. The Potential Winners: The USPS announced a multi-billion dollar deal to modernize its delivery fleet with Oshkosh...
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We Asked 1,000 Investors Why They Believe Workhorse Deserves USPS Contract
Thursday, February 18, 2021 - 11:59am | 712Read More...Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. We surveyed a group of over 1,000 readers on if and why Workhorse Group Inc (NASDAQ: WKHS) will receive the USPS...
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Cathie Wood Buys More Workhorse Shares On USPS Delay Sell-Off
Thursday, December 3, 2020 - 10:42am | 339Read More...More Workhorse Group Inc (NASDAQ: WKHS) shares were added to one of Cathie Wood’s Ark ETFs Wednesday. What Happened: Wood added 153,000 shares of Workhorse to the Ark Autonomous Technology & Robotics ETF (BATS: ARKQ). The ETF now owns 1.36 million shares of Workhorse. The stock is...
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Workhorse Shares Fall On Delayed USPS Mail Truck Decision
Tuesday, December 1, 2020 - 6:34pm | 266Read More...Shares of Workhorse Group (NASDAQ: WKHS) are down in after-hours trading Tuesday on news of a delay for the long-awaited U.S. Postal Service contract. What Happened: The USPS is delaying its contract decision on the USPS replacement vehicles, according to Trucks.com. The USPS told Trucks...
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Fintech Focus For November 6, 2020
Thursday, November 5, 2020 - 9:15pm | 1968Read More...Quote Of The Day: One man with courage makes a majority. - Andrew Jackson Fintech Movers: The Department of Justice has filed an antitrust lawsuit challenging Visa’s proposed $5.3 billion acquisition of Plaid. - TechCrunch WhatsApp to expand payments tech. A Biden win could be good for...
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Workhorse CFO Steve Schrader On The Status Of The USPS Contract, Delivery Guidance, And What Stands In Their Way
Thursday, October 29, 2020 - 2:59pm | 597Read More...Shares of Workhorse Group Inc (NASDAQ: WKHS) have been volatile of late. The stock, which was at one point up over 900% this year, has lost roughly half of its value in the last two weeks as investors have moved money away from the previously high-flying electric vehicle theme that dominated...
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A Look At Workhorse Options Activity Amid USPS Delay, Roth Downgrade
Tuesday, October 13, 2020 - 2:50pm | 709Read More...Workhorse Group Inc (NASDAQ: WKHS) shares are down 12.8% Tuesday after a major USPS contract decision was reportedly delayed, prompting a stock downgrade from Roth Capital. Despite the difficult day on Wall Street, one large option trader was making a big bet on a Workhorse rebound. The Workhorse...
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Workhorse Short Seller Says USPS Bid Unlikely To Pan Out
Thursday, October 8, 2020 - 2:57pm | 607Read More...A new report out Thursday from short seller Fuzzy Panda Research accuses electric vehicle developer Workhorse Group (NASDAQ: WKHS) of misleading investors. What The Short Seller Said: “Workhorse rolled a USPS prototype truck down a hill accidently after their parking brake failed causing...
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Fintech Focus For August 25, 2020
Monday, August 24, 2020 - 6:07pm | 2430Read More...Quote Of The Day: Dreaming, after all, is a form of planning. - Gloria Steinem Fintech Movers: A digital currency could also help the Fed implement monetary policy by setting interest rates on consumers' accounts holding the digital currency — analysts say this also could be a more...
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Fintech Focus For August 19, 2020
Tuesday, August 18, 2020 - 5:39pm | 1972Read More...Quote Of The Day: Central bank independence? Gone. - Ben Melkman Fintech Movers: Despite all the talk surrounding digital transformation and the changes that coronavirus has spurred on, not all traditional banks have achieved full digital transformation. - Banking Dive Wealth Builders taps...
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Fintech Focus For August 18, 2020
Monday, August 17, 2020 - 5:54pm | 1716Read More...Quote Of The Day: There's no evidence of a V-shaped spike in animal spirits commensurate with near record-high equity indices. - John Hill Fintech Movers: Acting Comptroller of the Currency Brian Brooks said Thursday he thinks banks will be connecting to blockchain the way they are connecting...
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UPS, FedEx Say They Don't Have Legal Status To Deliver Postal Ballots
Saturday, August 15, 2020 - 9:48am | 375Read More...What Happened: United Parcel Service (NYSE: UPS) and FedEx (NYSE: FDX) shot down social media calls stating they are unable to step in for the delivery of mail-in-ballots as they are not legally authorized to postmark the ballots, Reuters reported on Friday. UPS informed Reuters that state ballots...
