Thyssenkrupp second-quarter loss widens as coronavirus impact starts to show
Thyssenkrupp on Tuesday said its second-quarter net loss more than quintupled as the coronavirus pandemic hit all business lines at the struggling steel-to-submarines conglomerate......»»
Aston Martin posts deep quarterly loss as pandemic slams brakes on sales
Aston Martin posted a deep first-quarter loss after sales dropped by nearly a third due to the impact of the coronavirus crisis, though the luxury car maker said production of a crucial sport utility vehicle was on track......»»
Aston Martin posts deep loss as coronavirus outbreak hits sales
Aston Martin posted a first-quarter pretax loss of 119 million pounds ($146 million) after sales dropped by nearly a third due to the impact of the coronavirus outbreak and the destocking of dealers, the carmaker said on Wednesday......»»
Thyssenkrupp faces deep quarterly loss due to coronavirus, shares tank
German conglomerate Thyssenkrupp warned on Tuesday that its operating loss could swell to 1 billion euros ($1.1 billion) in the April to June quarter due to the coronavirus crisis......»»
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......»»
Air France-KLM loss gives first taste of coronavirus impact
Two weeks of coronavirus shutdown were enough to hit Air France-KLM with an 815 million-euro ($880 million) first-quarter operating loss, the airline group said on Thursday - predicting demand could take "several years" to recover......»»
Disney’s dismal earnings show huge impact of coronavirus on entertainment industry
The country’s biggest entertainment company saw operating income drop 37 percent in the quarter ending March 31, as the effects of the pandemic began to spread......»»
Volkswagen sees second-quarter operating loss over coronavirus impact
German carmaker Volkswagen is expecting an operating loss in the current quarter due the impact of the coronavirus pandemic, its chief financial officer said on Wednesday......»»
Ford expects $5 billion loss in current quarter as coronavirus hits demand
Ford Motor Co said on Tuesday its second-quarter loss would more than double to over $5 billion from $2 billion in the first quarter due to the impact of the coronavirus pandemic, but added it had enough money despite the crisis to last the rest of 2020......»»
Ford posts $2 billion first-quarter loss amid coronavirus
Ford Motor on Tuesday posted a $2 billion first-quarter loss due to the impact of the coronavirus pandemic and said it expected its loss in the second quarter to more than double as it weathers a shutdown of its North American plants......»»
Ford posts $2 billion first-quarter loss amid coronavirus
Ford Motor on Tuesday posted a $2 billion first-quarter loss due to the impact of the coronavirus pandemic and said it expected its loss in the second quarter to more than double as it weathers a shutdown of its North American plants......»»
Here"s what 4 analysts are saying ahead of Netflix"s quarterly earnings — the first to show the impact of coronavirus (NFLX)
Netflix Netflix reports first quarter earnings on Tuesday. It is one of the first earnings releases that will show the impact of the coronavirus pandemic and US lockdown.....»»
Nio Investors Pull Back After Automaker Posts Wider Q4 Loss, Details Coronavirus Impact
Chinese electric vehicle manufacturer Nio Inc – ADR (NYSE: NIO) reported fourth-quarter results Wednesday, posting revenue that was slightly ahead of exp.....»»
U.S. airlines ditch 2020 forecasts, slash flights and costs on virus hit
Leading U.S. airlines American and Delta suspended 2020 financial forecasts on Tuesday and took drastic further measures to combat the impact of the coronavirus, while United announced a capital raising and said it would post a first-quarter loss......»»
Exclusive: As virus fallout widens, China readies more measures to stabilize economy - sources
Chinese policymakers are readying measures to support an economy jolted by a coronavirus outbreak that is expected to have a devastating impact on first-quarter growth, policy sources said......»»
Earnings Results: Airbnb earnings: Sales and bookings show strong growth as travel makes a comeback
Saying "people are ready to travel," Airbnb Inc. on Thursday reported continued resilience in its business, posting higher first-quarter revenue and increased gross bookings than expected, but with a larger-than-expected $1.2 billion loss......»»
Cinemark stock gains after loss widens more than expected but revenue beats forecasts
Shares of Cinemark Holdings Inc. climbed 0.8% in premarket trading Friday, after the movie theater operator reported a wider-than-expected first-quarter loss but revenue that fell less than expected, as admissions and concession.....»»
AMC theaters CEO: Movie-going is coming back
AMC Entertainment Holdings Inc. reported a loss for the first quarter, but the loss narrowed compared with recent periods as life in the U.S. starts to get back to normal amid increased Covid-19 vaccinations......»»
Imax loss narrows as Asian audiences return to cinema in "impressive numbers"
Imax Corp. said it had a loss of $14.8 million, or 25 cents a share, in the first quarter, narrower than the loss of $49.4 million, or 82 cents a share, posted in the year-earlier period, as cinemagoers in Asia returned to screens as coronavirus pand.....»»
FHLB Des Moines Reports 2020 Preliminary Unaudited Financial Results and Fourth Quarter Dividend
DES MOINES, Iowa, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Coronavirus Pandemic (COVID-19) The effects of COVID-19 and the response to the virus continue to impact finan.....»»