April 3, 2020 7:42 am
Walt Disney Co’s Disney+ original programming will be featured for the first time in the Middle East and North Africa on Dubai-based pay TV and online streaming service provider OSN, starting April 9th. Walt Disney shares closed higher for the fifth time in the past ten trading sessions in New York on Thursday. The stock […]
Read moreApril 2, 2020 9:20 am
Home Depot Inc (HD) on Wednesday announced several measures for the safety of its clients and associates as well as several additional benefits for its staff. Home Depot shares closed lower for a second consecutive trading session in New York on Wednesday. The stock went down 4.33% ($8.08) to $178.63, after touching an intraday low […]
Read moreApril 2, 2020 7:38 am
General Electric said earlier this week that it had finalized the sale of its BioPharma business to Danaher Corporation for an estimated $20 billion, after accounting for taxes, fees and factored receivable balances. General Electric shares closed lower for the fourth time in the past ten trading sessions in New York on Wednesday. It has […]
Read moreApril 1, 2020 8:43 am
Ford Motor Co (F) announced on Tuesday that it would delay plans to resume production at facilities across North America because of safety concerns for its employees. Ford shares closed lower for a fourth consecutive trading session in New York on Tuesday. It has also been the steepest single-session loss since March 23rd. The stock […]
Read moreMarch 31, 2020 9:42 am
Starting March 30th, Dollar General Corp (DG) will grant a 10% discount on qualifying purchases to all medical personnel, first responders and activated National Guardsmen, the company said. To receive the discount, individuals need to present their employment badge or ID at Dollar General’s over 16,300 stores. The discount will be offered through April 30th, […]
Read moreMarch 31, 2020 7:01 am
Goldman Sachs Group Inc (GS) projects a 25% drop in S&P 500 dividends this year, as it cited the vulnerability of some large dividend-paying industries to the economic shock of the coronavirus pandemic. A wave of dividends may be suspended, reduced or scrapped over the remaining months of 2020, the Wall Street bank said. Goldman […]
Read moreMarch 30, 2020 8:25 am
Tesla Inc (TSLA) intends to cut on-site personnel at its Nevada battery facility by nearly 75% because of the spread of COVID-19 illness, the local county manager said last week. However, more details were not provided and it remained uncertain how many people worked at the plant. Tesla shares closed lower for a second consecutive […]
Read moreMarch 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 […]
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