Thursday, February 27, 2020

Google Alert - finance

Google
finance
As-it-happens update February 28, 2020
NEWS
The New York Times
WASHINGTON — The global spread of the deadly coronavirus is posing a significant economic test for President Trump, whose three-year stretch of robust growth could be shaken by supply chain delays, a tourism slowdown and ruptures in other critical ...
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CNBC
CNBC's Jim Cramer recommended 10 tech stocks that he said "don't need China, they don't need the Fed, they don't need enterprise spending and they don't need us to stop the coronavirus." "If anything, some of them should do even better as this outbreak ...
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The New York Times
SEATTLE — The International Brotherhood of Teamsters, with its 1.4 million truck drivers, warehouse workers and other transportation laborers, does not represent any Amazon workers, nor is it organizing them. But the union keeps butting into the ...
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Forbes
With the market already down more than 10%, the coronavirus-triggered plunge may turn into one of the fastest bear markets to hit U.S. stocks ever. But, believe it or not, a passive investment in the S&P 500 may be the best way to ride out and ultimately profit ...
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Nasdaq
Crude oil prices are falling sharply again on Feb. 27, continuing a week-long sell-off as coronavirus outbreaks spread and fears of a global economic slowdown take hold. As of 12:26 p.m. EST, both Brent and West Texas crude futures had lost more than 2% ...
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Wall Street Journal
WASHINGTON— Wells Fargo & Co. agreed to pay $35 million to settle regulatory claims that its financial advisers recommended exchange-traded funds that were too risky for some clients. The Securities and Exchange Commission's investigation targeted ...
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Forbes
Delta Airlines is the first to say it will suspend flights to Seoul, South Korea. Just not all of them. The international carrier said flights to South Korea leaving from Minneapolis/St. Paul will no longer be in service to Seoul and they will reduce flights to the ...
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The Hill
The Senate unanimously approved legislation on Thursday that would ban the use of federal funds to purchase telecommunications equipment from companies deemed a national security threat, such as Chinese group Huawei. The bipartisan Secure and ...
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Wall Street Journal
The incoming finance chief of a new drug company formed by a merger of generics maker Mylan NV and Pfizer Inc.'s Upjohn division is expected to focus on investor communication, cost cuts and portfolio rationalization, efforts that could be complicated by ...
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Reuters
(Reuters) - Beyond Meat Inc (BYND.O) on Thursday missed quarterly earnings expectations due to higher costs, and said Executive Chairman Seth Goldman would give up his executive status, while remaining chair of the board, sending shares down 10% in ...
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Reuters
(Reuters) - Energy infrastructure company Sempra Energy said on Thursday the spread of coronavirus had not impacted talks with buyers of liquefied natural gas (LNG), easing some worries after the virus outbreak cut gas demand in China earlier this month.
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TechCrunch
After claiming that it would only sell its controversial facial recognition software to law enforcement agencies, a new report suggests that Clearview AI is less than discerning about its client base. According to Buzzfeed News, the small, secretive company looks ...
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Los Angeles Times
Walmart Inc. is opening a new front in its war with Amazon.com Inc. The world's largest retailer is developing a paid membership program to challenge the internet giant's Prime offering, which is the default online shopping option for its 150 million or so paying ...
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nj.com
Federal officials warned eight railroads, including NJ Transit, that they're in danger of not having a mandated safety system tested and running by Dec. 31, deadline, which could bring commuter rail service to a halt. NJ Transit was one of three commuter ...
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Bloomberg
Oil fell for a sixth day in Asia as the coronavirus spread further outside of China, roiling financial markets. Futures in New York slumped as much as 2.2%, and are set for the biggest weekly decline since November 2014. They trimmed some of their losses after ...
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TechCrunch
Contract management service DocuSign today announced that it is acquiring Seal Software for $188 million in cash. The acquisition is expected to close later this year. DocuSign, it's worth noting, previously invested $15 million in Seal Software in 2019.
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WJON News
A long-time dorm at St. Cloud State University will be shutting down at the end of the semester. Sherburne Hall was built in the 1960s and held as many as 550 students in its prime, but Residential Life Executive Director Jennifer Sell Matzke says the 13-story ...
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Barron's
Pure Storage shares are little changed in late trading Thursday after the company posted better-than-expected results for its fiscal fourth quarter ended Feb. 2—but offered April-quarter revenue guidance below current Street expectations. For the quarter, the ...
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Healthline
Jimmy John's has pulled clover sprouts from the menu at its 2,800 restaurants in the United States. The move came after the Food and Drug Administration (FDA) sent the company a warning letter after 14 people in 5 states became ill with E. coli and ...
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Investor's Business Daily
Shares of Forty Seven (FTSV) popped late Thursday on a report Gilead Sciences (GILD) approached the cancer-focused biotech company with a takeover deal. X. Error loading player: No playable sources found. In after-hours trading on the stock market ...
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New York Post
Pedestrian fatalities in the US reached a 30-year high in 2019, according to a new study — and the researchers believe smartphones, an increase in SUVs and marijuana legalization are behind the spike. An estimated 6,590 pedestrians died in car crashes ...
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Data Center Knowledge
The amount of computing done in data centers more than quintupled between 2010 and 2018. Meanwhile, the amount of energy consumed by the world's data centers grew only by six percent during that period, thanks to improvements in energy efficiency.
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Business Wire
In a deal potentially worth billions of dollars, Biogen and gene-editing company Sangamo Therapeutics are exploring whether the latter's technology can treat a range of neurological conditions, including Alzheimer's disease, by regulating DNA. Deal terms ...
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Motley Fool
Shares of Nutanix (NASDAQ:NTNX) tumbled on Thursday after the cloud software company reported its fiscal second-quarter results. Nutanix beat analyst estimates across the board, but the company cut its guidance for the full year. The stock was down ...
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Columbus Business First
The deal to sell Victoria's Secret was struck at 3:15 a.m. on Feb. 20. It came after weeks of speculation about ongoing talks between L Brands and private equity firm Sycamore Partners, as the Columbus-based retail giant sought to untangle itself from the ...
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masslive.com
SPRINGFIELD — The number of employees at the MGM Springfield resort casino has fallen to just above 2,000, according to a quarterly report released Thursday. The figure is far short of the hiring goal of 3,000 employees casino officials frequently cited in ...
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Fox Business
BOSTON — Gov. Charlie Baker sounded pleased Thursday that Columbia Gas is poised to be sold to a local utility and although he said his administration had no role in arranging the transaction, it will get a final say over whether the $1.1 billion deal comes ...
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AG Week
Company that took over Monsanto two years ago is working to settle claims that the herbicide causes cancer. Written By: Tim Loh / Bloomberg | Feb 27th 2020 - 4pm. AddThis Sharing Buttons. Share to Facebook Share to Twitter Share to Reddit Share to Email ...
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Rental Equipment Register
VENTURA, Calif. (AP) _ The Trade Desk Inc. (TTD) on Thursday reported fourth-quarter profit of $50.9 million. On a per-share basis, the Ventura, California-based company said it had net income of $1.06. Earnings, adjusted for stock option expense, were ...
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KWCH
WICHITA, Kan. (KWCH) Two Gordmans stores located in east and Wichita will soon close their doors. The store located near 21st & Rock Road will close May 30. No official closing date was given for the store located near Central and Tyler. A spokesperson ...
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The Straits Times
TOKYO (REUTERS) - Global share prices headed for the worst week since the darkest days of the world financial crisis in 2008 as investors braced for the coronavirus to become a pandemic and rapidly spread around the world. In Asia on Friday (Feb 28), ...
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CBS Boston
Beginning February 28, and running through March 22, eager customers will be able to get their hands on their favorite Girl Scout treats, including the Thin Mints®, Samoas®, and the new Lemon-Ups™ at cookie booths hosted at participating retailers across ...
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InvestorsObserver
SAN ANTONIO (AP) _ Clear Channel Outdoor Holdings Inc. (CCO) on Thursday reported fourth-quarter net income of $27.1 million. The San Antonio-based company said it had profit of 6 cents per share. The outdoor advertising company posted revenue of ...
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Hoodline
Plano should be fairly dry this coming week, according to the seven-day forecast from drone-powered weather service Saildrone. The best chance of rain is expected on Tuesday at 60 percent, with the possibility of light rainfall of 0.74 inches. The immediate ...
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FierceVideo
Discovery said that what it's currently doing with its Discovery Go TV Everywhere products could translate to a broader OTT strategy. (Discovery Inc.) Share Facebook Twitter LinkedIn Email Print. Discovery, Inc. is in the early planning phases of launching a ...
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