The Bank of New York Mellon Corporation BK is scheduled to report first-quarter 2020 results on Apr 16, before market open. Its revenues and earnings in the quarter are expected to have witnessed a decline on a year-over-year basis.In the last reported quarter, the company’s e
The coronavirus pandemic has been affecting the stability of retailers, particularly apparel and shoes. However, some companies have shown resilience amid the outbreak, one such stock being NIKE Inc. NKE. In the adverse scenario, it has been pulling the right levers to stay aflo
The insurance industry, which broadly encompasses life and property plus casualty (PC) insurers, has been suffering a blow from the COVID-19-led adversity. Life insurance industry has been particularly hit by the very low interest rate levels, given their exposure to products th
Chubb Limited CB has come forward with a pleasant gesture of rewarding its personal auto insurance customers across the United States amid this crisis period. The clients will be credited with a reduction of 35% in the premium amounts payable in April and May. This will amount t
Atmos Energy Corporation ATO, through its subsidiaries, is engaged in regulated natural gas distribution and storage businesses.This Zacks Rank #1 (Strong Buy) stock is a promising bet at the moment, as it is focused on producing more electricity from clean sources and aims at l
KeyCorp KEY is slated to announce first-quarter 2020 results on Apr 16, before the opening bell. While the lending backdrop was strong in the first two months of the quarter, the virus outbreak in March resulted in a drop in loan demand, as business and consumer activities came
Xcel Brands, Inc. XELB reported fourth-quarter 2019 results, wherein earnings fell on a year over year basis, while revenues rose. Results gained from increased investments in wholesale and e-commerce platforms.
U.S. Bancorp USB is scheduled to report first-quarter 2020 results on Apr 15, before the opening bell. While its revenues are expected to have improved year over year, earnings are likely to have declined.
Considering the importance of critical communications amid the ongoing COVID-19 pandemic, Verizon Communications Inc. VZ recently announced that it has launched an innovative virtual tool to help customers troubleshoot technical issues remotely. Recognized as the second largest
Target Corporation TGT and The ISOPURE Company have extended their collaboration, as part of which products from ISOPURE’s protein powder portfolio are available at more than 1,600 Target stores across the country. Notably, ISOPURE Infusions and Unflavored Zero Carb protein pr
PotlatchDeltic Corporation PCH announced plans to temporarily halt production at the St. Maries, ID industrial plywood plant, in view of the impact of the COVID-19 pandemic on plywood markets.This timberland owner and wood products company will halt production in the facility st
Comtech Telecommunications Corp.’s CMTL subsidiary, Comtech Mobile Datacom Corporation, recently clinched option period two and option period three of a contract to support the U.S. Army’s Project Manager Mission Command Blue Force Tracking (BFT-1) program. This development
If you're like many Americans, you're sheltering in place right now to help stop the spread of COVID-19. While staying indoors, it's an ideal time to try to reduce some of your costs, especially due to the economic uncertainty resulting from the coronavirus.
Anheuser-Busch InBev (NYSE: BUD) is still struggling to adjust to the financial impacts of the COVID-19 pandemic. The beer giant said on Tuesday that it is slashing its dividend to preserve cash as sales volumes decline in key markets across Europe and North America.
It is high time euro zone governments issued joint debt to finance their response to the coronavirus pandemic, complementing a package agreed last week, European Central Bank policymaker Vitas Vasiliauskas told Reuters on Tuesday.
March quarter earnings season, which is likely to be the strangest one ever, kicked off this morning, and while only a handful of companies reported results from JPMorgan Chase (JPM) and Johnson & Johson (JNJ) fared better than feared as they wrestle with the pandemic
With the COVID-19 pandemic forcing people to stay at home -- and significantly reducing economic activity -- many businesses are struggling to stay afloat, and will likely continue grappling with the aftermath long after the outbreak ends. As a result, many of these companies wi