March 27, 2020 10:46 am
Ford Motor Co (F) said earlier this week that it would resume production at select key facilities in North America as early as April 6th. Additional safety measures will be introduced for returning workers’ protection, the company said. Ford shares closed lower for the sixth time in the past ten trading sessions in New York […]
Read moreMarch 27, 2020 8:19 am
AMC Entertainment Holdings Inc’s (AMC) Chief Executive Officer Adam Aron and other employees at AMC’s headquarters in Leawood, Kansas, have been placed on furlough, as the theater operator aims to preserve cash during the coronavirus pandemic, Reuters reported, citing a spokesperson for the company. Shares of AMC Entertainment Holdings closed higher for the fourth time […]
Read moreMarch 26, 2020 10:07 am
Moody’s Investors Service earlier this week revised down the outlook for 3M Company (MMM) from “Stable” to “Negative” and also maintained all ratings for the company – including the A1 senior unsecured debt rating and Prime-1 short-term rating. 3M shares closed lower for the fifth time in the past ten trading sessions in New York […]
Read moreMarch 26, 2020 8:41 am
Comcast Corp (CMCSA) said on Tuesday that it expected a substantial impact from the coronavirus pandemic on its near-to-medium term results. Comcast shares closed lower for the fifth time in the past ten trading sessions on NASDAQ on Wednesday. The stock went down 3.09% ($1.07) to $33.57, after touching an intraday low at $31.89, or […]
Read moreMarch 25, 2020 8:28 am
Chevron Corp (CVX) said on Tuesday that it would reduce its 2020 guidance for organic capital and exploratory spending by 20% to $16 billion amid a drop in oil prices. Chevron shares closed higher for the fifth time in the past ten trading sessions in New York on Tuesday. The stock went up 22.74% ($12.33) […]
Read moreMarch 24, 2020 10:09 am
Goldman Sachs Group Inc (GS) said that it forecast a 1% contraction in global real Gross Domestic Product this year, or a more considerable rate of decline compared to 2009. Goldman Sachs shares closed lower for a second consecutive trading session in New York on Monday. The stock went down 2.49% ($3.44) to $134.97, after […]
Read moreMarch 24, 2020 8:29 am
Exxon Mobil Corp (XOM) plans short-term cuts in capital and operating expenses due to the coronavirus pandemic and has begun informing contractors and vendors, according to a report by Reuters, citing Exxon spokesman Jeremy Eikenberry. The plans will be announced, when they become final, the representative said. Exxon Mobil shares closed lower for a second […]
Read moreMarch 23, 2020 9:02 am
1,700 people have been hired in crucial client support roles so far in March by Bank of America Corp’s consumer bank, according to a report by Reuters, citing a spokesperson, amid rising customer service demand. Bank of America shares closed lower for the sixth time in the past ten trading sessions in New York on […]
Read moreMarch 20, 2020 10:11 am
Tennant Company (TNC) said on Thursday that Dave Huml, the company’s current Senior Vice President, EMEA, APAC, global marketing and operations, had been appointed as Chief Operating Officer, effective April 1st. Tennant shares closed lower for a second consecutive trading session in New York on Thursday. It has also been the steepest single-session loss since […]
Read moreMarch 20, 2020 8:43 am
World Wrestling Entertainment Inc (WWE) said on Thursday that, for the first time ever, WrestleMania would be held as a two-night event, streaming on April 4th and April 5th at 7:00 PM ET on WWE Network and on pay-per-view. Three-time Super Bowl Champion Rob Gronkowski will host the event, WWE said. Shares of World Wrestling […]
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