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Retailers Start Usefully Quantifying Virus Impact

Next Plc’s disclosure dashboard on possible financial outcomes of the virus crisis shows how transparency can turn investor sentiment......»»

Category: topSource: washpostMar 19th, 2020

S&P 500 edges lower on risks linked to economy reopening

The S&P 500 dipped in choppy trading on Tuesday as the risks of reopening the economy too soon overshadowed hopes of a jump-start to a battered global economy, following an easing of virus-led business shutdowns......»»

Category: topSource: reutersMay 12th, 2020

S&P 500 subdued on risks linked to reopening of economy

The S&P 500 struggled for direction on Tuesday as the risks of reopening the economy too soon overshadowed hopes of a jump-start to a battered global economy, following an easing of virus-led business shutdowns......»»

Category: topSource: reutersMay 12th, 2020

Wall Street dips on risks linked to reopening of economy

The S&P 500 slipped in choppy trading on Tuesday as the risks of reopening the economy too soon overshadowed hopes of a jump-start to a battered global economy, following an easing of virus-led business shutdowns......»»

Category: topSource: reutersMay 12th, 2020

Futures edge higher on hopes of economic recovery

U.S. stock index futures ticked higher on Tuesday on hopes that the easing of virus-led business shutdowns would help jump-start a battered global economy, with investors also weighing the risks of reopening too soon......»»

Category: topSource: reutersMay 12th, 2020

China"s Tesla wannabes risk running out of road in virus-stricken times

Challenged by the arrival of Tesla in China last year, domestic electric vehicle (EV) start-ups were struggling even before the economic shock wrought by the coronavirus, but now for some it has become a battle for survival......»»

Category: topSource: reutersMay 12th, 2020

Futures edge higher on recovery hopes, China tariff exemptions

U.S. stock index futures ticked higher on Tuesday as China's move to waive off tariffs on some U.S imports added to hopes that the easing of virus-led business shutdowns would help jump-start a battered global economy......»»

Category: topSource: reutersMay 12th, 2020

Toyota sees 80% profit drop as virus wipes $14 billion off car sales

Toyota Motor Corp said on Tuesday it expects profit to drop by 80% to its lowest in nine years, as Japan's biggest automaker grapples with the impact of the novel coronavirus which has sapped global demand for vehicles......»»

Category: topSource: reutersMay 12th, 2020

Toyota expects profit to drop 80% this year as virus saps car sales

Toyota Motor Corp on Tuesday said it expects profit to drop 80% to its lowest in nine years, as Japan's biggest automaker grapples with the impact of the novel coronavirus which has sapped global demand for vehicles......»»

Category: topSource: reutersMay 12th, 2020

Toyota expects annual operating profit to drop 80% as virus saps car sales

Toyota Motor Corp said on Tuesday it expects to post its lowest annual operating profit in nine years as the automaker grapples with the impact of the novel coronavirus, which has sapped global demand for cars......»»

Category: topSource: reutersMay 12th, 2020

Toshiba sees FY2019 profit roughly in line with forecast, limited virus impact

Toshiba Corp said on Monday it expects operating profit for the year ended March to more than triple, as the Japanese industrial conglomerate sees a limited impact from the coronavirus outbreak on its earnings for the financial year......»»

Category: topSource: reutersMay 11th, 2020

Every day will be Black Friday with non-stop sales throughout the summer

AP Photo/LM Otero Analysts are expecting retailers to be holding deep sales as stores start to reopen in the coming months.  Clothing retailers will have a lot of inventory to work through, and .....»»

Category: topSource: businessinsiderMay 10th, 2020

Stocks close higher on hopes worst of virus has passed

Stocks ended higher Friday even after the ugliest monthly jobs report ever as traders bet the worst of the coronavirus and its impact on the economy has passed......»»

Category: topSource: moneycentralMay 8th, 2020

Stocks rise as market bets worst of virus has passed

U.S. stock futures rose Friday even after the ugliest monthly jobs report ever as investors bet the worst of the coronavirus and its impact on the economy has passed......»»

Category: topSource: moneycentralMay 8th, 2020

Stocks rise as market bets worst of virus has passed

U.S. stock futures rose Friday even after the ugliest monthly jobs report ever as investors bet the worst of the coronavirus and its impact on the economy has passed......»»

Category: topSource: moneycentralMay 8th, 2020

PTI expects no material impact from computer virus

Backend house Powertech Technology (PTI) recently ha.....»»

Category: topSource: digitimesMay 7th, 2020

Constellation says COVID-19 may impact start of Phase 3 trial for CPI-0610

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 6th, 2020

PPP loans start streaming into Central Ohio. Here"s how local businesses are using them

Ohio businesses are starting to see the impact of the U.S. Small Business Administration's Paycheck Protection Program......»»

Category: topSource: bizjournalsMay 5th, 2020

Wayfair: Virus impact to be much more impactful in Q2 vs. Q1

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 5th, 2020

J. Crew files for bankruptcy as virus batters retail

J. Crew Group filed for bankruptcy protection on Monday with a plan to hand over control to lenders, adding to a list of brick-and-mortar retailers pushed to the brink by widespread store closures in response to the COVID-19 pandemic......»»

Category: videoSource: reutersMay 4th, 2020

Oil falls on renewed U.S.-China tensions, global glut

Oil prices fell on Monday on worries that a global oil glut may persist even as coronavirus pandemic lockdowns start to ease and amid a fresh spat between the United States and China over the origin of the virus......»»

Category: topSource: reutersMay 4th, 2020