(RTTNews) - Delta Air Lines, Inc. (DAL) announced Wednesday that revenue for the second quarter ended June 30, 2020 is expected to be reduced by 90 percent compared to the year-ago quarter as a result of the COVID-19 pandemic.
(RTTNews) - Finjan Holdings, Inc. (FNJN) has entered into a merger agreement, under which affiliates of Fortress Investment Group LLC would acquire all outstanding shares of Finjan common stock in a deal with an aggregate equity value of approximately $43.9 million. Fortress wil
Energy stocks were declining pre-bell Wednesday, with the Energy Select Sector SPDR (XLE) retreating by almost 1%. The United States Oil Fund (USO) was down 0.56% and the United States Natural Gas Fund (UNG) was 0.83% higher. West Texas Intermediate crude oil was down $0.62 at
Nobody expected video game retailer GameStop (NYSE: GME) to report good results in the first quarter. Caught amid the low-sales tail end of a console cycle, the slow death of brick-and-mortar retail stores, and the COVID-19 pandemic, sales and earnings were always going to fall.
Chinese electric-vehicle maker NIO (NYSE: NIO) said that it will offer 60 million new American depositary shares, each representing one share of NIO's common stock, as it moves to raise additional funds for its operating in China.
The NASDAQ momentarily reached five figures on Tuesday as money moved back into tech and gave the reopening rally a much-needed break.
That’s right… the index eclipsed 10,000 for the first time ever today. It wasn’t able to stay over that mark, but it did finish at a fr
While it's nice to see stocks rising again following a brutal market crash in February and March, one downside to growing optimism on the Street for securities is that there are fewer bargains to be found. With shares of many companies trading near -- or even above -- pre-COVID-
For most Americans, retirement isn't necessarily something to look forward to. Instead, it's a source of financial concern, with a recent survey from Capital One showing that 68% of Americans think they won't have enough money in their later years. And this was before the coron
After this month's incredible rally, investors on the sidelines may feel as if they've missed the boat. With the U.S. economy reopening and adding jobs again, the "out-of-home" plays have skyrocketed recently, as they were among the hardest hit in March's sell-off.
After a pause during the COVID-19 lockdowns, the IPO market is heating up again, and a smashing debut from Vroom (Nasdaq: VRM) Tuesday proved investors are hungry for new issues.
(RTTNews) - Ford Motor Company (F) and Volkswagen AG (VKW.L, VLKAF.PK, VOW.BE) have signed agreements to expand their global alliance. The alliance will produce a medium pickup truck engineered and built by Ford, for sale by Volkswagen as the Amarok starting in 2022 within the V
A major battle in the streaming wars is unfolding before our screen-strained eyes. As consumers spend more time at home amid the coronavirus pandemic, streaming hours have boomed. And even as the weather warms up and economies reopen, streaming could see a permanent step up as a
The head of the NATO military alliance said on Wednesday that the West could not ignore the rise of China and so it was important that the United Kingdom had a review of the role of Huawei in its 5G network to ensure its security.
Finnair launched a rights issue on Wednesday to raise 500 million euros ($568 million), almost as much as its current market value, as part of its recapitalisation plan to recover from coronavirus lockdowns.
Most emerging Asian currencies gained on Wednesday, holding onto positive momentum on hopes of a quick economic recovery even as caution set in ahead of a U.S. Federal Reserve policy decision that may see focus turn toward yield curve control.
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