When e-commerce behemoth Amazon.com (NASDAQ: AMZN) began offering free one-day shipping on a small universe of goods purchased by Prime customers, I expressed concerns. Chief among those worries was the sheer cost of offering quick no-cost shipping. It might cost more than it's
(RTTNews) - TreeHouse Foods, Inc. (THS) raised its 2020 guidance for adjusted earnings from continuing operations to $2.55 to $2.75 per share. The company now expects revenue to be at the upper end of its original guidance of $4.10 to $4.40 billion. Free cash flow is also expect
(RTTNews) - French stocks were moving lower on Thursday after the Bank of England held interest rates steady and maintained its existing level of asset purchases, but warned that GDP will not recover to pre-Covid-19 levels until the end of 2021.
(RTTNews) - German stocks gave up early gains to drift lower on Thursday as the Bank of England unanimously decided to retain the interest rate at a record low, as widely expected, but warned of a slower economic recovery.
(RTTNews) - Asian stocks finished mostly higher on Thursday, though underlying sentiment remained cautious on concerns about the bleak economic outlook as the number of Covid-19 cases continued to rise.
(RTTNews) - Hecla Mining Co. (HL), while reporting narrower net loss and higher sales in its second quarter on higher production and prices, maintained its annual silver and gold production and cost guidance.
(RTTNews) - Mitsui Fudosan (MTSFY.PK) on Thursday reported first-quarter profit attributable to owners of parent of 13.77 billion yen, down 58.5 percent from 33.18 billion yen in the year-ago period. Earnings per share fell to 14.21 yen from 33.84 yen last year.
(RTTNews) - Singapore-based United Overseas Bank Ltd. or UOB Group (UOVEF.PK, UOVEY.PK) reported Thursday that second-quarter net earnings fell 40 percent to S$703 million from S$1.17 billion last year.
(RTTNews) - Hammerson plc (HMSO.L) reported Thursday that its first-half loss before tax widened to 1.09 billion pounds from 319.2 million pounds in the prior-year period. Loss per share widened to 142.2 pence from 41.8 pence in the year-ago period.
(RTTNews) - Aggreko plc (AGK.L) on Thursday reported loss before tax of 134 million pounds for the first half of fiscal 2020, compared to profit before tax of 60 million pounds a year ago. Loss per share was 57.75 pence, compared to earnings of 15.33 pence in the prior-year peri
(RTTNews) - GlaxoSmithKline plc (GSK.L, GSK) announced Thursday that the US Food and Drug Administration has approved BLENREP (belantamab mafodotin-blmf) as a monotherapy treatment for adult patients with relapsed or refractory multiple myeloma.
(RTTNews) - Japanese automaker Toyota Motor Corp. (TYT.L, TM) reported Thursday that its first-quarter attributable net income dropped 74.3 percent to 158.84 billion yen from 619.13 billion yen last year.
(RTTNews) - Steel company EVRAZ plc (EVR.L) reported Thursday that its net profit for the first half of 2020 grew 49.1 percent to $513 million from $344 million last year. Earnings per share rose to $0.35 from $0.22 in the prior-year period.
(RTTNews) - Konami (KNM) reported first-quarter profit attributable to owners of the parent of 4.19 billion yen compared to 7.28 billion yen last year.
British shopping centre operator Hammerson Plc announced moves to raise a combined 825 million pounds ($1.08 billion) on Thursday and said it would reboot the terms of its leases with UK retailers as it faced a slump in rent collections, footfall and the value of its properties.
(RTTNews) - British tobacco company Imperial Brands plc. (IMB.L, IMBBF.PK, IMBBY.PK) announced Wednesday that Oliver Tant has decided to retire as Chief Financial Officer. He will leave the company following the appointment of a successor.
(RTTNews) - Today's Daily Dose brings you news about ARCA biopharma's progress in its COVID-19 drug candidate, AC Immune' upcoming milestones, BrainStorm Cell's November catalyst, Bristol-Myers/Pfizer's Eliquis patent suit ruling, and Novavax's positive phase I data from its COV
(RTTNews) - Japanese image and video equipment manufacturer Nikon Corp. (NINOF.PK, NINOY.PK) reported Thursday that its first-quarter net loss attributable to owners of the parent was 13.59 billion Japanese yen, compared to net income of 8.20 billion yen in the same period last
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