March 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 […]
Read moreMarch 19, 2020 10:07 am
Citigroup, B. Riley and Barrington Research revised down their ratings on AMC Entertainment Holdings Inc (AMC), after the largest theater chain in the United States said it would temporarily go dark. AMC said that all US theaters would be closed for a period of 6 to 12 weeks due to the coronavirus pandemic, as the […]
Read moreMarch 19, 2020 8:08 am
United Airlines Holdings Inc (UAL) revealed earlier this week a 60% cut in its flight schedule for April, as it highlighted the adverse effect from the coronavirus pandemic on demand for air travel. Meanwhile, outbreak-related sell-off continued. United Air shares closed lower for a third consecutive trading session on NASDAQ on Wednesday. It has also […]
Read moreMarch 18, 2020 10:44 am
Facebook Inc (FB) announced on Tuesday plans to provide $100 million in cash grants and ad credits for 30 000 small businesses in more than 30 countries as a measure against the economic impact from the coronavirus pandemic. Facebook shares closed higher for the fourth time in the past ten trading sessions on NASDAQ on […]
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