Motoring along with an increasing number of companies that have done the same, Harley-Davidson (NYSE: HOG) on Thursday said it is withdrawing its current guidance. The reason, of course, is the spread of the COVID-19 coronavirus.
With its franchisees contending with a 20% sales plunge since COVID-19 began spreading rapidly across the U.S., Wendy's (NASDAQ: WEN) is extending the time available for restaurant operators to pay their fees and rent to the company. It currently intends to offer the extensions
(RTTNews) - The South Korea stock market on Thursday snapped the two-day winning streak in which it had surged more than 220 points or 14 percent. The KOSPI now rests just above the 1,685-point plateau although it figures to bounce higher again on Friday.
Roadrunner Transportation (RRTS) came out with a quarterly loss of $1.52 per share versus the Zacks Consensus Estimate of a loss of $0.40. This compares to loss of $32.50 per share a year ago. These figures are adjusted for non-recurring items.
In the latest trading session, Intelsat (I) closed at $1.92, marking no change from the previous day. This change lagged the S&P 500's 6.24% gain on the day. Elsewhere, the Dow gained 6.38%, while the tech-heavy Nasdaq added 5.6%.
Albemarle (ALB) closed at $60.46 in the latest trading session, marking a +0.73% move from the prior day. The stock lagged the S&P 500's daily gain of 6.24%. At the same time, the Dow added 6.38%, and the tech-heavy Nasdaq gained 5.6%.
Discount fashion retailer Ross Stores (NASDAQ: ROST) has cancelled all purchase orders for inventory from its vendors through June 18, according to a report by Reuters. The company is also extending its terms on all existing merchandise-related accounts payable by 90 days. Per
What happened
Shares of BJ's Restaurants (NASDAQ: BJRI), Dave & Buster's Entertainment (NASDAQ: PLAY), and Dine Brands Global (NYSE: DIN), are up 15%, 19%, and 22% respectively on Thursday afternoon, after the $2 trillion coronavirus relief package cleared the U.S. Senate an
NEW YORK (Reuters Breakingviews) - Handwashing has never been so popular. It’s one of the main ways to avoid catching Covid-19, which is why Unilever and the UK government on Thursday committed soap, bleach and 100 million pounds to educate 1 billion people about it. C
The stock market kept up its winning streak on Thursday, with the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) extending their winning streaks to three straight days. Investors were pleased with the Senate passage of the coronavirus stimul
AstraZeneca PLC AZN announced that the Japanese regulatory authority has granted marketing approval to Lokelma (sodium zirconium cyclosilicate) for the treatment of patients with hyperkalaemia in Japan. Hyperkalemia is a serious condition characterized by high levels of potassi
(RTTNews) - Stocks moved sharply higher over the course of the trading session on Thursday as traders shrugged off data showing a spike in first-time jobless claims. The Dow and the S&P 500 closed higher for the third straight day, climbing further off Monday's three-year lo
What happened
Late Wednesday night, the U.S. Senate passed its Coronavirus Aid, Relief, and Economic Security (CARES) Act. In total, the stimulus bill promises some $2 trillion in funding to help taxpayers and companies struggling to survive under government-mandated measures to