(RTTNews) - Nordstrom Inc. (JWN) said that it will temporarily close its stores, including Nordstrom full-line, Nordstrom Rack, Trunk Club clubhouses and Jeffrey in the U.S. and Canada for two weeks, effective March 17, and provide pay and benefits for its store employees during
(RTTNews) - The Australian stock market is advancing on Tuesday despite the overnight sell-off on Wall Street, as investors went bargain hunting. However, trading remained volatile due to lingering uncertainty about the impact of the coronavirus pandemic.
(RTTNews) - The Hong Kong stock market has moved lower in four straight sessions, plummeting more than 2,300 points or 9.3 percent along the way. The Hang Seng Index now rests just above the 23,060-point plateau and it's expected to see further downside again on Tuesday.
AMC Entertainment Holdings (NYSE: AMC) has enacted a new limited-attendance policy at all of its venues in the U.S., according to various media reports. The company, operator of the largest movie theater chain in the country, will allow no more than 50 patrons into any of its fi
(RTTNews) - The Malaysia stock market has moved lower in three straight sessions, plummeting almost 165 points or 12 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,280-point plateau and it's expected to open in the red again on Tuesday.
Brent crude oil futures fell almost 13% on March 16, sending the most important global oil price benchmark below $30 for the first time since Feb. 11, 2016, when it closed at $28.82 per barrel. The major U.S. benchmark, West Texas Intermediate, joined Brent in the rout, falling
Ring Energy (REI) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.
In this episode of Industry Focus: Energy, Motley Fool analyst Nick Sciple is joined by The Dig's Francine McKenna. They talk about the dynamics among the regulators, businesses, auditors, and investors; the rise of non-GAAP measures in accounting; a few examples of irregularit
The COVID-19 pandemic risks putting enormous pressure on the public. Many companies are choosing to close their doors temporarily, and others are opting to cut their workers' hours because of a decrease in demand for their products and services. In other words, many workers will
A number of major restaurant chains have decided to take the proactive step of offering only takeout and delivery to address concerns about gathering socially in the wake of the novel coronavirus pandemic. This follows some areas, including New York City, mandating that policy.
With the S&P 500 down 28.4% in the past month, it's fair to say the novel coronavirus pandemic has not started us out on the right path for 2020. Still, not all is hopeless.
With the S&P 500 down 28.4% in the past month, it's fair to say the novel coronavirus pandemic has not started us out on the right path for 2020. Still, not all is hopeless.
Maine, one of three New England states to have legalized recreational marijuana, is sending out conditional licenses for dispensaries to sell that form of the drug, and facilities in which to grow and process it. The state's Office of Marijuana Policy (OMP) announced that 31 suc
In an attempt to cope with the increased volume of online commerce in the wake of the SARS-CoV-2 coronavirus pandemic, Amazon.com (NASDAQ: AMZN) plans to hire an additional 100,000 workers. Those new employees will be utilized for the company's considerable warehouse and delive
Unit (UNT) came out with a quarterly loss of $0.67 per share versus the Zacks Consensus Estimate of a loss of $0.31. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items.
For investors looking for momentum, Invesco DB US Dollar Index Bullish Fund UUP is probably a suitable pick. The fund just hit a 52-week high — up roughly 11.9% from its 52-week low of $25/share.