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Breakingviews - Drugs are the new bitcoin for stock hype

6 years 2 months ago
DALLAS (Reuters Breakingviews) - Eastman Kodak knows how to paint a pretty picture. The company’s stock price at one point had more than tripled on Tuesday after it received a $765 million loan from a U.S. government agency to help produce chemicals used to produce gen

Nasdaq Today: Tesla Gets a Downgrade; Walgreens CEO Steps Down

6 years 2 months ago
The stock market was fairly subdued today, with major indexes registering modest declines as lawmakers continued debating the details of another coronavirus relief package. Pressure is mounting on lawmakers to reach an agreement because rent is coming due within a matter of days

Plantronics Q1 Loss Widens

6 years 2 months ago
(RTTNews) - Plantronics Inc. (PLT) Tuesday reported first-quarter net loss of $75.02 million or $1.85 per share, wider than last year's loss of $44.87 million or $1.14 per share.

EastGroup Properties Q2 Profit Down

6 years 2 months ago
(RTTNews) - EastGroup Properties, Inc. (EGP) Tuesday reported second-quarter net income of $21.66 million or $0.60 per share, compared to $23.20 million or $0.73 per share last year.

Why Shares of Armstrong World Industries Are Down Today

6 years 2 months ago
What happened Shares of Armstrong World Industries (NYSE: AWI) traded down 11% on Wednesday afternoon after the construction materials supplier reported worse-than-expected quarterly results. The COVID-19 pandemic has caused delays in construction projects, leading to sluggish d
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