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......»»
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.....»»
Earnings Results: Lyft posts narrower-than-expected full-year loss, as results show rebound in rides
Lyft Inc. on Tuesday reported fourth-quarter results that showed there was a continued rebound in ride-hailing, but it was marred by an increase in COVID-19 cases that sparked the reintroduction of some restrictions......»»
Chili"s parent Brinker earnings more than halve in pandemic but beat analyst estimates
Brinker International Inc. posted better-than-expected earnings for its fiscal second quarter on Wednesday, despite the continued impact of the coronavirus pandemic on its Chili's and Maggiano's rest.....»»
Yang Ming Reports $27 Million Loss
Yang Ming Marine Transport Corp. reported a first-quarter net loss of more than $27 million on Thursday as it faced criticism for receiving government aid during the coronavirus crisis. read more.....»»
Apartment rentals showing signs of life, says Equity Residential
Apartment giant Equity Residential says its leasing business is starting to show signs of life. In its first quarter earnings report, the company said 97 percent of its tenants have been paying their rent through the coronavirus pandemic. â€.....»»
Royal Caribbean Cruises expects $1.44B coronavirus loss in first quarter, launches $3.3B bond offering
Royal Caribbean Cruises on Wednesday launched a $3.3 billion bond offering, pledging 28 of its ships as collateral and forecast heavy losses for the first quarter......»»
ARHT Media Announces Q1 2020 Financial Results Pivots Business to Address Current Trends and Impact of COVID-19
First Quarter 2020 Highlights: Q1 revenues of $440k vs $794k YoY, decrease of 45% Q1 loss of $1,097k vs $885k YoY, increase of 24% Launch of high impact online offering, Virtual Global Stage™ (VGSâ„¢) Company signs .....»»
Boeing CEO sees passenger levels under 25% in September, pain for airlines: NBC interview
Boeing Co Chief Executive Dave Calhoun does not expect passenger traffic to reach even a quarter of its levels in September, creating the need for airlines to make "adjustments" as they weather the impact of the coronavirus pandemic......»»
Hertz posts wider Q1 loss after "major" coronavirus business disruption
Shares of Hertz Global Holdings Inc. fell late Monday after the car rental company posted a wider-than-expected first-quarter loss, saying that results were "significantly impacted by COVID-19 pandemic." Hertz said it lost $356.....»»
Marriott profit plunges 92% as coronavirus zaps travel
Marriott's first-quarter profit plunged 92 percent as COVID-19 had a dramatic impact on business......»»
A devastating jobs report for April will show coronavirus impact
Nearly all the job growth in the 11 years since the Great Recession ended may have vanished in one month.....»»
Siemens sees bigger hit from coronavirus impact coming as second-quarter profit plunges
Siemens on Friday said it expected "even stronger impacts" from the coronavirus pandemic in the weeks ahead as it ditched its 2020 guidance and posted an 18% drop in industrial profit during its second quarter......»»
TurboTax maker Intuit hit by coronavirus impact on small businesses, tax extension
Intuit Inc. late Thursday told investors to brace for fiscal third-quarter revenue and profit lower than what the company had guided due to the impact of the coronavirus pandemic on its small-business customers and also the extension.....»»
Coronavirus travel restrictions send JetBlue to first-quarter loss
JetBlue Airways Corp. swung to a loss for the first quarter as the coronavirus pandemic has decimated travel......»»
Gannett posts revenue decline and net loss but says performance "strong" amid disruptions from coronavirus
Gannett, owner of USA TODAY, posted a net loss but reported EDITDA of $99.1 million in the first quarter. Its digital su.....»»
Moderna Announces FDA Nod For Phase 2 Coronavirus Vaccine Study, Hints At Approval In 2021
Moderna Inc (NASDAQ: MRNA) reported Thursday ahead of the market open with a first-quarter loss that came in line with expectations and also issued an update on its coronavirus vaccine .....»»
Ballad Health Announces Third-Quarter Results
JOHNSON CITY, Tenn., May 06, 2020 (GLOBE NEWSWIRE) -- Ballad Health today announced third-quarter results from its 2020 fiscal year. Excluding the impact of coronavirus disease 2019 (C.....»»
Shopify first-quarter loss widens, sees spike in new store creation
Shopify recorded a larger quarterly loss for the first quarter of 2020 compared to the same period last year......»»
BMW cuts outlook, expects coronavirus impact to last all year
BMW AG on Wednesday said the impact of the coronavirus will likely hurt demand and profit throughout the year, forcing the German automaker to lower its profit outlook for passenger cars following a slowdown in first-quarter deliveries......»»
Fiat Chrysler plunges to loss, to reopen U.S. plants on May 18
Fiat Chrysler Automobiles (FCA) plunged to a first-quarter loss of $1.8 billion and warned of a "significant" loss this quarter, even as it prepares to reopen its most profitable North American truck plants on May 18 as coronavirus lockdowns ease......»»