The widening coronavirus outbreak has been weighing on medical device companies amid concern the current crisis will interrupt use or orders of their products.
(RTTNews) - UniFirst Corp. (UNF) reported that its net income for its second quarter ended February 29, 2020 decreased to $34.7 million or $1.82 per share from $47.6 million or $2.48 per share in the prior year quarter.
Following a series of leaks, Fitbit (NYSE: FIT) has officially launched the Charge 4, the newest version of its flagship fitness tracker. The wearable gadget looks nearly identical to the Charge 3 but packs in a slew of notable new features that make it a meaningful refresh fo
Reality can be pretty grim these days, but augmented reality has never been hotter. The ability to enhance one's surroundings with generated images has raised the bar for what is possible in science, commerce, infrastructure, and entertainment.
(RTTNews) - Reflecting a significant loss of jobs at small businesses, payroll processor ADP released a report on Wednesday showing a modest decrease in private sector employment in the U.S. in the month of March.
(RTTNews) - As the world markets are discussing a fall off from the coronavirus pandemic and the recession, the early signs from the U.S. Futures suggest that Wall Street might open significantly lower.
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Later this month, most Americans are set to receive direct deposits of up to $1,200 per adult, plus $500 for each child age 16 and under, as the federal government tries to jump-start an economy that has been stricken by the COVID-19 pandemic.
(RTTNews) - Canadian shares are likely to open with a negative gap Wednesday morning amid rising worries about the spread of the coronavirus infection and its impact on the economy.
Cloudera (NYSE: CLDR) recently posted its fourth-quarter earnings. The software company's revenue grew 47% annually to $211.7 million, beating estimates by nearly $10 million. It posted a non-GAAP net profit of $0.04 per share, which topped estimates by seven cents and marked a
Madison Square Garden Company (NYSE: MSG) is about to split itself in two. The company announced Wednesday that it is spinning off its entertainment business from its sports assets, a move that will result in the creation of two separate, publicly traded businesses.
Honeywell International (NYSE: HON) is one of the largest industrial companies in the S&P 500. The company's balance sheet, its diverse business model, and a dividend yield that is now nearly 3% make Honeywell an attractive option -- on paper. Yet as with many large industri
Wall Street just completed one of the worst quarters in its history. First-quarter 2020 will live in infamy as the quarter that every market participant wants to forget. In contrast, the prior-year quarter witnessed the best performance in three decades.However, it is to be note
Palo Alto Networks PANW recently announced its agreement to acquire software-defined wide area network (SD-WAN) provider — CloudGenix — for approximately $420 million. Founded in 2013, CloudGenix helps its clients manage and secure network traffic at branches or distributed
As the longest bull-market run fades farther and farther into the rearview mirror, plenty of investors are looking to the future with caution-stricken eyes. With unemployment claims skyrocketing to a record 3.3 million last week and COVID-19 cases continuing to soar, anxiety abo
The COVID-19 crisis has sent the stock market on a wild ride, so much so that it plunged into bear market territory. More recently, we saw some recovery, but it's certainly too soon to declare that the bear market is over and a bull market is under way.
It's been a whirlwind of a past six weeks for Wall Street and Main Street. Since topping out on Feb. 19, it took just over three weeks for the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) to dip into bear market territory, and just over four weeks for the 123-year-old i
Millions of investors follow Warren Buffett's moves very closely. In looking at the stocks that Buffett makes part of the investment portfolio at insurance giant Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), you can learn a lot about his investing style and get some ideas abou