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........»»
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......»»
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.....»»
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.....»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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.....»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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......»»
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 .....»»