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Hess posts quarterly loss, deepens spending cuts on coronavirus-fueled oil rout
Hess reported a quarterly loss Thursday after a coronavirus-induced drop in demand for oil and gas......»»
Boeing cuts 787 production after second straight quarter of losses
Boeing Co reported a loss for the second straight quarter and said on Wednesday it would cut its workforce by about 10% as the planemaker further reduces 787 Dreamliner production against a slump in global travel demand......»»
Southwest Nosedives on 1st Quarterly Loss in a Decade
Berkshire-owned airline warns of significant revenue decline in May on coronavirus-related pressureCheck out Warren Buffett Stock Picks » Download GuruFolio Report of Warren Buffett (Updated on 04/27/2020), Check out PRIMECAP Management.....»»
Southwest posts quarterly loss, warns ‘no material improvement’ in air travel ahead
As the coronavirus pandemic took a heavy toll on air travel, shares of Southwest Airlines .....»»
Southwest posts first quarterly loss in nine years and warns on outlook
Southwest Airlines Co on Tuesday posted a $94 million quarterly net loss, its first in nine years, and warned of drastic revenue drops ahead as it sought to raise another $2.6 billion to help weather the coronavirus pandemic......»»
Southwest posts first quarterly loss in nine years and warns of more coronavirus clouds
Southwest Airlines Co posted on Tuesday a $94 million net loss in the first quarter, its first quarterly loss in nine years, due to the coronavirus pandemic and said it sees no major improvement in air travel in the second quarter......»»
Ford warns of $2 billion quarterly loss as coronavirus outbreak hammers sales
Ford Motor Co on Friday estimated first-quarter loss of $2 billion and said it would tap debt markets to shore up its cash reserves as the coronavirus outbreak halted production and pummeled vehicles sales......»»
Morgan Stanley profit plunges, warns of more pain ahead
Morgan Stanley posted a 32% fall in quarterly profit on Thursday as the coronavirus pandemic stalled dealmaking and warned that the crisis would continue to weigh on its operations in the coming months......»»
Spirit expects quarterly loss as coronavirus hits plane output
Spirit AeroSystems Holdings Inc said on Tuesday it would swing to a first-quarter loss and warned of a bigger blow in the current quarter, as customers Boeing Co and Airbus SE whittle down production due to the coronavirus pandemic......»»
Brazil"s Embraer posts quarterly loss due to fewer plane deliveries
Embraer SA reported a $42.5 million loss for the first quarter on Wednesday, its fifth straight quarter of losses, as revenue fell amid fewer plane deliveries and as the Brazilian planemaker spent heavily ahead of a deal with Boeing Co......»»
Earnings Results: Aurora Cannabis stock plunges amid more large losses, stock-sale plans and cost cuts
Aurora Cannabis Inc. reported another large quarterly loss Thursday, and announced more cost-cutting, share-sale plans and executive changes as shares plunged in late trading......»»
Teladoc stock tumbles after another quarter of wider-than-expected loss prompts multiple price target cuts
Shares of Teladoc Health Inc. tumbled 9.3% toward a near 11-month low in afternoon trading Thursday, after the provider of tele-healthcare services reported yet another quarterly loss that was wider than expected. The stock has now plunged 42......»»
Boeing Descends on 6th Consecutive Quarterly Loss
Aircraft manufacturer sees rebound opportunities during the rest of 2021Related Stocks: BA,.....»»
Boeing Slides After Missing Earnings, Burning More Cash Than Expected
Boeing Slides After Missing Earnings, Burning More Cash Than Expected Challenged aircraft-maker Boeing reported a smaller quarterly loss - helped by an impr.....»»
SeaWorld reports narrower-than-expected loss, as attendance and guest spending rise above forecasts
SeaWorld Entertainment Inc. reported Thursday a fifth straight quarterly loss, but beat bottom-line expectations for the first time in six quarters, as revenue, attendance and guest sp.....»»
Occidental Petroleum takes 6th straight loss
Occidental Petroleum Corp. reported its sixth straight quarterly loss on Monday, a stretch that covers the Covid-19 pandemic, which hit crude prices hard last year......»»
Coronavirus Update: U.S. suffers another 4,000 COVID deaths in a single day as Fauci warns about new strains
The global case tally for the coronavirus-borne illness COVID-19 climbed above 100.9 million on Thursday and the U.S. death toll head toward 430,000, after another 4,000 lives were lost in a 24-hour period for a second straight day......»»
Boeing to delay 777X again as it posts record annual loss
The coronavirus crisis has exacerbated a drop in demand for the industry's largest jetliners, with airline customers shunning deliveries of planes due to international travel restrictions, hurting cash flow at the U.S. planemaker......»»
Coronavirus Update: U.S. COVID-19 cases, deaths and hospitalizations fall again, as vaccine reinforcements are coming
It was a day of good news on the COVID-19 front, as new daily cases, deaths and hospitalizations all fell for a third-straight day, just as vaccine reinforcements were being shipped out......»»
FTC leads crackdown on income scams amid spike in fraud during coronavirus pandemic
Scams targeted in the FTC effort were responsible for the loss of more than $1 billion......»»