AMC shares fall for a sixth straight session on Thursday, company to sell up to 15 million shares as it warns of potential liquidity issues in Q4

September 25, 2020 11:33 am
AMC Entertainment Holdings Inc (AMC) said in a SEC filing that it had reached an agreement with major banks to sell up to 15 million shares in an attempt to raise funds as it burns cash because of the coronavirus crisis. Shares of AMC Entertainment Holdings closed lower for a sixth consecutive trading session in […] Read more

Ford shares fall for a third straight session on Tuesday, auto maker plans $1.46 billion investment in Oakville and Windsor facilities

September 23, 2020 11:27 am
Unifor union National President Jerry Dias said on Tuesday that Ford Motor Co (F) planned to invest CAD 1.95 billion ($1.46 billion) in its Canadian facilities in Oakville and Windsor as part of an agreement with Canadian autoworkers. According to Dias, the agreement covers a reorganization of the Oakville facility in order to manufacture 5 […] Read more

Kroger shares close lower on Friday, company’s full-year forecasts on comparable sales and earnings top analyst estimates

September 14, 2020 11:33 am
Kroger Company’s (KR) full-year forecasts on comparable sales and earnings, issued last Friday, outstripped Wall Street estimates, since the coronavirus pandemic has prompted consumers to order more from their homes. Kroger Co’s online sales soared 127% year-on-year during the fiscal second quarter ended August 15th, as shoppers have been ordering a variety of items online […] Read more