Walmart's Mexico unit will open stores under a new "Walmart Express" brand beginning in November, and gradually convert all existing Superama grocery stores to the format, it said on Wednesday.
(RTTNews) - The Switzerland stock market tumbled on Wednesday on widespread selling as coronavirus cases saw sharp spikes across Europe and the U.S., and several countries planned to impose fresh and tougher restrictions to curb the spread of infections.The benchmark SMI ended do
With new coronavirus cases in the U.S. soaring in October, consumers are expected to do more online shopping this holiday season ... a lot more. Software company Adobe (NASDAQ: ADBE) is calling for a 33% year-over-year uptick in the country's e-commerce spending in November and D
Stocks sank across the globe on Wednesday on concerns that rising COVID-19 cases in Europe, the United States and elsewhere will get in the way of fragile economic recoveries, while the U.S. dollar rose on safe-haven bids.
German exchange operator Deutsche Boerse on Wednesday said it posted a 9% fall in third-quarter net profit, worse than expectations, but left its guidance for the year unchanged.
This has been a topsy turvy year, and some investors are having a monster year of gains despite the calamity. However, a lot of well-known companies haven't played nice in the new normal. Shares of Sirius XM Holdings (NASDAQ: SIRI), Walt Disney (NYSE: DIS), and China Mobile (NYSE
What happenedThe stock market was having a rough day on Wednesday, with all three major averages down by nearly 3% as of 11 a.m. EDT. However, AMC Entertainment Holdings (NYSE: AMC) was performing even worse, with its shares lower by 7% for the day.
What happenedShares of Hawaiian Holdings (NASDAQ: HA) plunged 10% on Wednesday morning on a miserable day for the markets, especially stocks affected by the coronavirus pandemic. Hawaiian reported predictably dismal quarterly earnings on Tuesday night, further pressuring the airl
The wheels have started to come off the internet infrastructure stock party. Booming web traffic during the economic lockdown in the spring has started to moderate, and the first hyper-growth stock to be tamed was Fastly (NYSE: FSLY). Next up was Limelight Networks (NASDAQ: LLNW)
What happenedThe stock market was broadly lower on Wednesday morning, with all three major averages down by nearly 3% as of 10:45 a.m. EDT. Visa (NYSE: V) was having a particularly rough day, down more than 5%.
With the COVID-19 pandemic growing against the backdrop of a presidential election, investors are understandably anxious. Incumbent Donald Trump and challenger Joe Biden have considerably different ideas about how the economy should be managed, just as both major political partie
NEW YORK/HONG KONG/LONDON (Reuters Breakingviews) - Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.