NYC Cuts Subway Service By A Quarter After Ridership Plummets 87%

NYC Cuts Subway Service By A Quarter After Ridership Plummets 87% In an extremely rare move considering it's managed to stay operational in its over century of existence, the Metropolitan Transportation Authority .....»»

Category: blogSource: zerohedgeMar 25th, 2020

San Francisco"s public transit system is losing $1 million a week and will shut down train service as ridership plummets amid shelter-in-place order

Justin Sullivan/Getty Images The city and county of San Francisco's public transit system is shuttering its train and light rail services and replacing them with buses as ridership plummets amid a coronavirus pandemic. Known as Muni.....»»

Category: topSource: businessinsiderMar 26th, 2020

Sound Transit, King County Metro to reduce services as ridership plummets

Sound Transit and King County Metro announced they will temporarily reduce service on buses, light rail and Sounder commuter trains in the wake of drastically reduced ridership due to COVID-19. King County Metro, which operates countywide bus servic.....»»

Category: topSource: bizjournalsMar 19th, 2020

NYC Mulls Unprecedented Scaling Back Of Subway Service As Ridership Plummets 

NYC Mulls Unprecedented Scaling Back Of Subway Service As Ridership Plummets .....»»

Category: blogSource: zerohedgeMar 13th, 2020

Lyft raises forecast for 2019 as price war with Uber eases, ridership rises

Lyft Inc posted a robust jump in revenue on Wednesday in its second-quarter results, allowing the ride-hailing company to lift its forecasts as more riders used the service and price competition with rival Uber eased......»»

Category: topSource: reutersAug 7th, 2019

Tupperware Plummets After Q2 Earnings Miss, Cuts Guidance

Tupperware Brands (NYSE: TUP) reported second-quarter earnings of 98 cents per share, which missed the analyst consensus estimate of $1. This is a 16.24% decrease over ea.....»»

Category: earningsSource: benzingaJul 24th, 2019

Tupperware Plummets After Q2 Earnings Miss, Cuts Guidance

Tupperware Brands (NYSE: TUP) reported second-quarter earnings of 98 cents per share, which missed the analyst consensus estimate of $1. read more.....»»

Category: blogSource: benzingaJul 24th, 2019

PNM Resources Cuts Outlook Amid Service Territory Weakness

PNM Resources (NYSE: PNM) revised its second-quarter consolidated ongoing earnings guidance (a non-GAAP financial measure) due to milder temperatures in New Mexico. read more.....»»

Category: blogSource: benzingaJul 12th, 2019

The Ratings Game: Intel’s stock on track for worst day in more than a decade as data-center weakness debated

Intel Corp.’s stock plummets, on track for its worst day in more than a decade Friday after the chip giant cuts its outlook for the quarter and year to “cautious” levels......»»

Category: topSource: marketwatchApr 26th, 2019 Plummets After Nixing Its Exclusive USPS Deal

Despite a decent fourth quarter, the online postage company says customer demands for two-day shipping necessitated changing its exclusive partnership with the U.S. Postal Service......»»

Category: topSource: foxnewsFeb 23rd, 2019

Morgan Stanley cuts Quest, upgrades Charles River in Healthcare Service shake-up

See the rest of the story here. provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 27th, 2020

Gap halts dividend, cuts expenses to save up cash amid coronavirus pandemic

Gap Inc. late Thursday said it halted its dividend for the rest of the year and postponed the payment of the previously announced first-quarter dividend amid "precautionary actions" to shore up its balance sheet in res.....»»

Category: topSource: marketwatchMar 26th, 2020

FactSet Increases Revenue and EPS in Second Quarter 2020

NORWALK, Conn., March 26, 2020 (GLOBE NEWSWIRE) -- FactSet ("FactSet" or the "Company") (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, today announ.....»»

Category: earningsSource: benzingaMar 26th, 2020

HyreCar shares flat on higher revenue, bigger loss

HyreCar Inc. shares were up 0.5% in after-hours trading Wednesday after the digital car-sharing service reported fiscal fourth-quarter earnings that beat Wall Street estimates. HyreCar reported a loss of $4.9 million in the quarter, or 40.....»»

Category: topSource: marketwatchMar 25th, 2020

RTD approves service cuts due to COVID-19

The Regional Transportation District’s elected board members Tuesday night approved changes that will reduce the agency’s bus, light rail and special services starting April 19 in an effort to combat COVID-19. The initial changes shift most bus se.....»»

Category: topSource: bizjournalsMar 25th, 2020

New York subway ridership falls by nearly 90 percent

Essential workers, making up the roughly 13 percent of New Yorkers still taking the subway, reacted to the vast decline in ridership on March 24......»»

Category: topSource: moneycentralMar 25th, 2020

SORTA to suspend fares, cuts service

The Southwest Ohio Regional Transit Authority will suspend fare collection on Metro buses starting on Sunday, March 29, while also operating at a reduced schedule in response to the coronavirus disease 2019. The SORTA board voted to enact those meas.....»»

Category: topSource: bizjournalsMar 25th, 2020

MARTA"s ridership plummets, joins other transit agencies in seeking federal relief

MARTA General Manager and CEO Jeffrey Parker is joining other transit agency leaders to ask for billions in federal relief. In a letter to U.S. congressional leaders, the transit chiefs from cities such as New York, Chicago, Seattle and San Franc.....»»

Category: topSource: bizjournalsMar 24th, 2020

Cellcom Israel Announces Fourth Quarter and Full Year 2019 Results

NETANYA, Israel, March 23, 2020 /PRNewswire/ -- 2019 Full Year Highlights (compared to 2018): Total Revenues totaled NIS 3,708 million ($1,073 million) compared to NIS 3,688 million ($1,067 million) last year, an increase of 0.5% Service reven.....»»

Category: earningsSource: benzingaMar 23rd, 2020

Lyft drivers can join new delivery service, founders donate salaries

Lyft Inc on Friday told drivers they could sign up for work driving deliveries under a new service as ride-hailing demand plummets during the rapid spread of coronavirus in the United States......»»

Category: topSource: reutersMar 20th, 2020

New York City"s subway ridership fell 60% because of the coronavirus. Now the agency in charge of the trains says it needs a $4 billion bailout.

Tayfun Coskun/Anadolu Agency via Getty Images Ridership on New York City public transit .....»»

Category: topSource: businessinsiderMar 18th, 2020