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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......»»

Category: topSource: foxnewsMay 7th, 2020

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......»»

Category: topSource: reutersApr 29th, 2020

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.....»»

Category: blogSource: gurufocusApr 28th, 2020

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 .....»»

Category: topSource: chicagotribuneApr 28th, 2020

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......»»

Category: topSource: reutersApr 28th, 2020

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......»»

Category: topSource: reutersApr 28th, 2020

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......»»

Category: topSource: reutersApr 17th, 2020

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......»»

Category: topSource: reutersApr 16th, 2020

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......»»

Category: topSource: reutersApr 14th, 2020

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......»»

Category: topSource: reutersMay 15th, 2019

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......»»

Category: topSource: marketwatchMay 13th, 2021

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......»»

Category: topSource: marketwatchApr 29th, 2021

Boeing Descends on 6th Consecutive Quarterly Loss

Aircraft manufacturer sees rebound opportunities during the rest of 2021Related Stocks: BA,.....»»

Category: personnelSource: nytApr 28th, 2021

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.....»»

Category: blogSource: zerohedgeApr 28th, 2021

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.....»»

Category: topSource: marketwatchFeb 25th, 2021

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......»»

Category: topSource: foxnewsFeb 23rd, 2021

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......»»

Category: topSource: marketwatchJan 28th, 2021

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......»»

Category: topSource: foxnewsJan 27th, 2021

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......»»

Category: topSource: marketwatchDec 21st, 2020

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......»»

Category: topSource: foxnewsDec 14th, 2020