General Electric Company’s GE business unit, GE Renewable Energy recently clinched an onshore wind contract from PÜSPÖK Group. This marks General Electric’s first such contract in Austria in the past few years.As noted by General Electric, the deal requires it to deliver 3
The coronavirus-induced work-and-play-from-home trend has been a boon for cloud providers.The shelter-in-place orders have fueled the demand for remote project collaborations, video conferencing, online classes, gaming, and e-commerce shopping all powered by the cloud computing
American Public Education, Inc. APEI has been providing innovative assistance to military and public service communities over the past several years. Its desire to help students in their current occupation, prepare them for their next job, and develop competency so that they can
KBR Inc. KBR has clinched a task order from the U.S. Air Force Civil Engineer Center to provide support to the 378 Air Expeditionary Wing and U.S allies at the Prince Sultan Air Base in Saudi Arabia.Per the latest contract, valued at $93.6 million, it will provide resources to s
Franklin Resources BEN announced preliminary assets under management (AUM) by its subsidiaries of $1.44 trillion for August 2020. Results display a 0.7% increase from the $1.43 trillion recorded as of Jul 31, 2020.Month-end total equity assets came in at $447.7 billion, up 4.6%
After witnessing an astonishing rally for more than five months in a row, Wall Street suffered a major blow on Sep 3. Markets rebounded on Sep 9, after facing a terrible pull down in the last three trading days. These were the worst-performing days in a row since April. However,
As freight environment gradually recovers with the ramping up of economic activities, Landstar System Inc LSTR provided a bullish update on its third-quarter 2020 outlook in a SEC filing.The company has seen improvement in trucking volumes in the first two months of the third qu
The Macerich Company MAC announced that following the relaxation of the coronavirus outbreak-led restrictions in New York City and across most of California, it has reopened two major retail properties and six indoor shopping centers in respective regions. With this, 44 of its 4
Wall Street had entered into the bear market six months ago owing to the global outbreak of the deadly coronavirus. The Dow trickled down to bear territory on Mar 11 and was joined by the S&P 500 and the Nasdaq Composite a day later. Market's downtrend continued till Mar 23
A wave of consolidation is underway in Canada's Montney oil and gas region as small companies struggling to weather the impact of coronavirus on the energy industry sell their holdings in what just a few years ago was a booming patch.
It has been six months since the World Health Organization declared the coronavirus outbreak as a pandemic. About 200 days and more than 190,000 deaths later, the United States wears a new look. The domestic economy has taken a massive beating, with the country almost locked dow
Churchill Downs (CHDN) shares are off to the races with its shares illustrating a 185% appreciation from its March lows and the rally looks far from over. This gambling titan managed to stay relatively buoyant in the heat of the medically induced economic coma, and with its oper
The movie industry is in duress, and theaters are getting the brunt of the blow. The movie theater space has been suffering for years as many consumers favor streaming from the comfort of their own homes to making the long trek to their local theater.
By this time of year, Ilene Steele, 63, would usually have several trips behind her: one to visit family in the United States, a holiday in Italy, and a few day excursions in London, where she lives with her retired therapist husband Mike.
Turkey's current account is expected to record a deficit of $2 billion in July and a wider shortfall for the full year, a Reuters poll showed on Wednesday, reflecting costly imports even as the coronavirus-hit tourism sector recovered some ground.
The U.S. Federal Reserve's latest policy shift will not have any significant impact on the economy, according to a majority of economists in a Reuters poll who do not expect the central bank to meet its dual mandate until 2023 at least.
A majority of Japanese firms want top government spokesman Yoshihide Suga to become the next prime minister as many see no need to change the status quo on stimulus policy at least until the coronavirus crisis ends, a Reuters poll found.
Market indexes closed in the red for the fourth time in five sessions Thursday, falling from gains in the morning and swinging to negative around midday. The impact came partly from a news report in Washington DC whereby a new coronavirus relief package in the Senate was blocked
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