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Sears Shocks in Q2 Despite Massive Loss

Sears Holdings reported its fiscal second-quarter financial results after the markets closed on Thursday. In a surprising reaction to these results, investors sent shares higher even though this........»»

Category: blogSource: 247wallstSep 14th, 2018

Companies are scaling back layoffs because of Biden’s stimulus package

The news is a sign of the potentially massive job loss averted by the landmark package......»»

Category: topSource: washpostMar 11th, 2021

Exxon Jumps After Reporting First Loss In 40 Years, Vows No Cuts To Its Massive Dividend

Exxon Jumps After Reporting First Loss In 40 Years, Vows No Cuts To Its Massive Dividend Exxon is an odd stock: one day after extremely bullish news hit that the company had negotiated a pot.....»»

Category: smallbizSource: nytFeb 2nd, 2021

Obalon Therapeutics stock soars to lead all gainers on massive volume after merger with ReShape

Shares of Obalon Therapeutics Inc. blasted five-fold higher on massive volume in midday trading Wednesday, after the weight loss technologies company announced an agreement to merge with weight loss solutions company ReShape L.....»»

Category: topSource: marketwatchJan 20th, 2021

ESD hiring new fraud chief in wake of massive losses from benefit fraud

The Washington State Employment Security Department is hiring a new fraud chief to help the agency from falling to prey to another massive fraud and loss of public funds. The state agency shared details of its hiring plans in an online recruitme.....»»

Category: topSource: bizjournalsJan 12th, 2021

Thyssenkrupp warns of massive third-quarter loss as COVID-19 adds to pain

German conglomerate Thyssenkrupp on Tuesday warned its operating loss could swell to 1 billion euros ($1.1 billion) in the current quarter citing the coronavirus pandemic......»»

Category: topSource: reutersMay 12th, 2020

When Currencies Fail: A Primer on the Dollar Crisis in Lebanon

A massive shortage of dollars is instigating economic chaos, including a more than 50% loss of value in the Lebanese pound. Presented in podcast and full-transcript formats......»»

Category: forexSource: coindeskApr 29th, 2020

Boeing will cut 16,000 jobs after posting a massive loss

Boeing said it will slash staff and production after posting a massive first-quarter loss. Demand for air travel has evaporated during the coronavirus outbreak, and the aerospace company continues to reel from the 737 Max grounding......»»

Category: topSource: moneycentralApr 29th, 2020

Boeing will cut 16,000 jobs after posting a massive loss

Boeing said it will slash staff and production after posting a massive first-quarter loss. Demand for air travel has evaporated during the coronavirus outbreak, and the aerospace company continues to reel from the 737 Max grounding......»»

Category: topSource: moneycentralApr 29th, 2020

For banks, massive SBA loan program offers a needed jolt

Bankers aren’t accustomed to offering free money or lending at rates that produce a loss. But that’s what they’re about to do as the federal government’s massive program revs up. Under the Small... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 2nd, 2020

Peloton Shares Surge 16% Despite Massive Nasdaq Loss As Coronavirus Increases Demand For In-House Fitness

Peloton Interactive Inc. (NASDAQ: PTON) shares surged during Monday's trade as investors responded to increased demand for its at-home fitness products in the wake of the novel coronavirus (COVID-19) outbreak. read more.....»»

Category: blogSource: benzingaMar 17th, 2020

US Equity ETFs Signal Massive Opening Loss, WTI Crashes Below $30, Precious Metals Pummeled

US Equity ETFs Signal Massive Opening Loss, WTI Crashes Below $30, Precious Metals Pummeled While futures markets have been limit-down since shortly after their open, despite massive Fed intervention efforts, US Equ.....»»

Category: blogSource: zerohedgeMar 16th, 2020

Dow set to drop 700 points after Thursday’s massive tumble amid coronavirus fears

As of 4:40 a.m. ET, Dow Jones Industrial Average futures indicated an implied opening loss of more than 700 points......»»

Category: topSource: moneycentralFeb 28th, 2020

Dow set to drop 700 points after Thursday’s massive tumble

As of 4:40 a.m. ET, Dow Jones Industrial Average futures indicated an implied opening loss of more than 700 points......»»

Category: topSource: moneycentralFeb 28th, 2020

Dow set to drop 400 points after Thursday’s massive tumble

As of 2:35 a.m. ET, Dow Jones Industrial Average futures were 244 points lower, indicating an implied opening loss of more than 435 points......»»

Category: topSource: moneycentralFeb 28th, 2020

Mexico"s Pemex posts massive 2019 loss in bitter blow to president

Petroleos Mexicanos posted a 345.5 billion peso ($18.3 billion) loss for 2019 on Thursday, nearly doubling the previous year's loss and dealing a major blow to the Mexican president's quest to revive the heavily-indebted state oil company......»»

Category: topSource: reutersFeb 27th, 2020

Home Depot says the decline of Sears has helped it disrupt delivery

Brendan McDermid/Reuters Sears' loss is Home Depot's game when it comes to delivery and fulfillment services, Home Depot CEO Craig Menear told analysts Tuesday. Menear went on to say that Sears has "been a donor over t.....»»

Category: topSource: businessinsiderFeb 25th, 2020

Altria stock dented by another $4.1 billion impairment

Marlboro cigarette maker Altria reported a net loss of $1.00 a share primarily due to another massive impairment charge related to its investment in e-cigarette maker Juul......»»

Category: topSource: moneycentralJan 30th, 2020

Altria Stock Dented by Another $4.1 Billion Impairment

Marlboro cigarette maker Altria reported a net loss of $1.00 a share primarily due to another massive impairment charge related to its investment in e-cigarette maker Juul......»»

Category: blogSource: 247wallstJan 30th, 2020

Rust Belt region banks on becoming hub for electric vehicles

Lordstown, Ohio, — stung by the loss of a massive auto plant — is trying to carve out a new economy......»»

Category: topSource: washpostDec 26th, 2019

GameStop Reports Huge Q3 Earnings Miss, Guidance Cut

GameStop Corp. (NYSE: GME) shares are falling following a massive third-quarter earnings miss. Adjusted earnings came in at a loss .....»»

Category: earningsSource: benzingaDec 10th, 2019