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Why Sysco Shares Fell 36% in the First Half

6 years 3 months ago
What happened Shares of Sysco (NYSE: SYY) fell 36.1% in the first half of 2020, according to data from S&P Global Market Intelligence. Like most stocks in the foodservice industry, Sysco crashed hard in February and March as the COVID-19 pandemic closed restaurants, followed

United Airlines May Furlough 36,000 Employees

6 years 3 months ago
(RTTNews) - United Airlines has warned that 36,000 employees or about 45% of its U.S. workforce could be furloughed in October, due to continuing losses caused by the coronavirus pandemic and collapse in air travel, according to reports citing the company's memo sent to employe

Asian Markets Mostly Higher With Modest Gains

6 years 3 months ago
(RTTNews) - Asian stock markets are mostly higher on Thursday following the positive lead overnight from Wall Street, reflecting gains by technology stocks and optimism about an economic recovery. However, gains are modest in most Asian markets amid worries about the surge in co

Rebound Predicted For Thai Stock Market

6 years 3 months ago
(RTTNews) - The Thai stock market has finished lower in two of three sessions since the end of the three-day winning streak in which it had collected almost 45 points or 3.2 percent. The Stock Exchange of Thailand now rests just above the 1,360-point plateau although it figures

Indonesia Stock Market Has A Green Light For Thursday

6 years 3 months ago
(RTTNews) - The Indonesia stock market moved higher again on Wednesday, one day after it had snapped the five-day winning streak in which it had collected more than 85 points or 1.7 percent. The Jakarta Composite Index now rests just above the 5,075-point plateau and it's in lin

Japanese Market Modestly Higher

6 years 3 months ago
(RTTNews) - The Japanese stock market is modestly higher on Thursday following the positive cues overnight from Wall Street as gains by technology stocks and optimism about an economic recovery helped ease worries about the spike in coronavirus cases. Upbeat Japanese core machin
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