President Donald Trump's administration is considering invoking special powers through a law called the Defense Production Act to rapidly expand domestic manufacturing of protective masks and clothing to combat the coronavirus in the United States, two U.S. officials told Reuters.
Bed Bath & Beyond Inc would cut about 500 jobs, including management positions, as part of a restructuring program to turn around its business, the home-furnishing retailer said on Thursday.
What happened
Shares of liquefied natural gas (LNG) exporter-in-the-making Tellurian Inc. (NASDAQ: TELL) fell 16% on Feb. 27, adding further injury to investors who have now seen the company lose more than one-third of its market value in two days.
(RTTNews) - Columbia Sportswear Company (COLM) said the company expects 2020 results to be significantly affected by the COVID-19 outbreak. It is also impacting the company's supply chain.
Manchester United and Wolverhampton Wanderers cruised into the Europa League last 16 with emphatic aggregate wins, while Arsenal were taken to extra time, AS Roma squeezed through but Sporting and Porto were knocked out on Thursday.
What happened
Shares of Teekay (NYSE: TK), Teekay LNG Partners (NYSE: TGP), and Teekay Tankers (NYSE: TNK) all rallied more than 10% by market close on Thursday. Fueling the rally in these related oil and gas marine shipping stocks was their fourth-quarter results.
(RTTNews) - MBIA Inc. (MBI) reported a fourth-quarter adjusted net loss per share of $1.25 compared to profit of $1.20, previous year. On average, four analysts polled by Thomson Reuters expected the company to report a loss per share of $0.22, for the quarter. Analysts' estimat
(RTTNews) - Canadian shares plunged on Thursday, extending losses to yet another session, as worries about the coronavirus outbreak rose, triggering a sell-off in the market.
Australian rare earths miner Lynas Corp's half-year profit plunged nearly 80%, hurt by security bond payment at its Malaysian processing facility along with operational expenses incurred for its mining activities, amid weak market conditions.
Turkey, faced with a new wave of Syrian migrants and 22 more dead soldiers in Idlib, will no longer stop Syrian refugees from reaching Europe, a senior Turkish official said late on Thursday as President Tayyip Erdogan chaired an emergency meeting.
Beyond Meat Inc said on Thursday that fourth-quarter sales tripled, but shares fell 7% in after-hours trading as the company missed earnings expectations and announced that Executive Chairman Seth Goldman will resign.
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Bunge Ltd. (Symbol: BG) were yielding above the 4% mark based on its quarterly dividend (annualized to $2), with the stock changing hands as low as $47.51 on the day. Dividends a
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Cinemark Holdings Inc (Symbol: CNK) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.44), with the stock changing hands as low as $23.70 on the da
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Ladder Capital Corp (Symbol: LADR) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.36), with the stock changing hands as low as $16.10 on the day
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Starwood Property Trust Inc. (Symbol: STWD) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.92), with the stock changing hands as low as $22.53 o
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of American Campus Communities Inc (Symbol: ACC) were yielding above the 4% mark based on its quarterly dividend (annualized to $1.88), with the stock changing hands as low as $46.08
What happened
Shares of retail stocks were tumbling again Thursday morning as investors sold off companies that were particularly at risk due to the coronavirus outbreak, which government and financial officials are saying could seriously impact the United States. Last night, th
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