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Shell Cuts Dividend By 65% On 'Prolonged' Oil Market Uncertainty Royal Dutch Shell (LON:RDSB) has cut its dividend for the first time since the Second World War on the "prolonged" oil market uncertainty created by the global coronavirus or covid-19 pandemic. Publishing its financials on Thursday (April 30), the Anglo ...
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Fauci says leak concerns fueled his White House revelation of Gilead drug results CHICAGO (Reuters) - Concerns over leaks compelled the top U.S. infectious disease official to reveal data on Gilead Sciences Inc's experimental drug remdesivir, the first in a scientifically rigorous clincial trial to show benefit in treating COVID-19. National ...
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Pumping cash at record pace, ECB is under pressure to act again FRANKFURT (Reuters) - Just weeks after unveiling a massive stimulus scheme in a late-night shock-and-awe move, the European Central Bank is under pressure to deploy even more firepower on Thursday to prop up an economy that could shrink by a tenth ...
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Nokia makes small profit despite supply disruption HELSINKI (Reuters) - Nokia Oyj (NOKIA.HE) on Thursday reported a 2% fall in first-quarter revenue as it took a hit of about 200 million euros ($217 million) to its topline largely because the COVID-19 pandemic disrupted supply from operations in China.
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Bitcoin Rallies 15% And It's Now And Primed To Hit $9.5k: Technicals Show Bitcoin is up more than 15% in a pre-halving rally against the US Dollar. BTC broke the key $8,000 resistance and the 100-day simple moving average to open the doors for $9,500 or $10,000. Bitcoin is surging and it settled nicely above the $8,000 resistance ...
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Britain's Sainsbury's Warns Coronavirus Profit Impact Could Be £500 Million LONDON — British supermarket group Sainsbury's estimated a profit impact of 500 million pounds ($623 million) from the coronavirus pandemic and said it would defer any dividend payment decisions until later in the financial year. Sainsbury's, No 2 to ...
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Coronavirus Plunges French Economy Into Worst Post-War Slump PARIS — France saw its sharpest economic contraction since World War II in the first quarter as a lockdown from mid-March left shops shuttered and consumers hunkered down at home, official data showed on Thursday. French gross domestic product ...
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Affordable Starter Homes in the Madison Area This is truly one of a kind property in the Village of Cross Plains. Unique old farm house style home with a lot of the original woodwork and hardwood floors, 4 bedrooms, 1 1/2 baths, large eat-in kitchen, enclosed 3-season front porch and 2nd floor family & full ...
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Israeli automotive-data firm Otonomo raises $46 million TEL AVIV, April 30 (Reuters) - Israel's automotive data services firm Otonomo said on Thursday it raised $46 million, bringing its total funding to date to $82 million. The round includes investments from SK Holdings, Avis Budget Group and Alliance Ventures ...
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UK watchdog warns events firms over failure to pay refunds in pandemic Adds more detail. LONDON, April 30 (Reuters) - Britain's competition regulator said it has opened investigations into thousands of complaints about companies refusing to pay refunds for cancelled weddings and other events during the coronavirus pandemic.
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Microsoft Teams now has 75 million daily active users, adding 31 million in just over a month Microsoft Teams now has 75 million daily active users, CEO Satya Nadella said on the company's earnings call with analysts on Wednesday. This comes as the coronavirus pandemic has forced businesses to operate remotely, and has boosted the demand ...
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Facebook stock spikes despite 'significant reduction' in demand for ads The coronavirus pandemic is significantly slowing the growth of Facebook's ads business, but investors seem pleased with the company's performance in Q1 after Facebook released its earnings report Wednesday. The company beat Wall Street expectations ...
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Indiana man arrested in shooting death of Indianapolis postal worker INDIANAPOLIS — An Indiana man is behind bars in the fatal shooting of an Indianapolis postal worker earlier this week. >> Read more trending news. This is 21-year-old Tony Cushingberry. He is the first suspect to be arrested for the shooting death of ...
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Facebook Stock Jumps As Quarterly Earnings A Slight Miss, Revenue Meets Facebook (FB) reported first-quarter earnings Wednesday that were mostly in line with expectations, as monthly active users climbed 10% to 2.6 billion. Facebook stock jumped during after-hours trading. X. Error loading player: No playable sources found.
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Qualcomm rises after earnings, but sees 30% drop in phone shipments in future Qualcomm reported second-quarter earnings on Wednesday. The stock was up after hours, in addition to a nearly 5% rise during trading on Wednesday. Qualcomm says it now predicts a roughly 30% reduction in handset shipments compared to its previous ...
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Simon Indiana malls to reopen this weekend, company says INDIANAPOLIS -- Simon Property Group has put an end to the rumors. The Indianapolis-based company says it will reopen 49 malls in ten states between this Friday and next Monday. Ten of those malls are in Indiana, including seven in the ...
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Quest Diagnostics offering COVID-19 antibodies test for self-purchase PORTLAND, OR (KPTV) – With the click of a button and no doctor needed, you can now order your own COVID-19 antibody test. Quest Diagnostics on Wednesday launched the online program called "QuestDirect." On its website, you can purchase the test for ...
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eBay Inc. Reports First Quarter 2020 Results and Provides COVID-19 Business Update SAN JOSE, Calif., April 29, 2020 /PRNewswire/ -- eBay Inc. (Nasdaq: EBAY), a global commerce leader that connects millions of buyers and sellers around the world, today reported financial results for its first quarter ended March 31, 2020. "During these ...
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Gildan Activewear Inc. Q1 adjusted earnings Miss Estimates (RTTNews) - Below are the earnings highlights for Gildan Activewear Inc. (GIL.TO):. -Earnings: -$99.3 million in Q1 vs. $22.7 million in the same period last year. -EPS: -$0.50 in Q1 vs. $0.11 in the same period last year. -Excluding items, Gildan Activewear ...
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Alphabet Is Sending Mixed Messages About Its Business. The Stock Is Rising Anyway. Alphabet shares are trading higher Wednesday, and helping to spur broader market gains, after the Google parent reported first quarter-results that weren't quite as bad investors had feared. The company gave some cautious hints on the post-earnings ...
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Exclusive: Thai Airways to seek $1.8 billion emergency loan to navigate virus impact - document By Chayut Setboonsarng and Panu Wongcha-um. BANGKOK (Reuters) - Thai Airways International PCL aims to seek a 58.1 billion baht ($1.80 billion) emergency loan to maintain liquidity and see it through a coronavirus-induced drop in demand, showed a ...
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Glenmark to conduct trials in India for potential COVID-19 drug By Anuron Kumar Mitra. BENGALURU (Reuters) - Glenmark Pharmaceuticals Ltd said on Thursday it will start clinical trials in India of antiviral drug favipiravir, seen as a potential treatment for COVID-19, sending its shares up as much as 9% The trials come ...
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More than half of Americans now use contactless payments, according to Mastercard poll Contactless payments were already on the rise in the U.S., but the ongoing coronavirus pandemic has hiked up the number of Americans using various touch-free payment methods. In fact, more than half (51%) of Americans are now using some form of ...
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Powerball winning numbers for Wednesday, 04/29/2020; jackpot $43 million CLEVELAND, Ohio — Powerball selected winning numbers Wednesday night for a jackpot of $43 million. The numbers are 2-20-49-61-67 Powerball 20 Powerplay 2x. The Classic Lotto numbers are 3-7-15-26-42-47 Kicker 771073. Saturday's jackpot is ...
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Toyota again pushes back plant reopening Toyota Motor Corp.'s manufacturing plant in San Antonio and 12 others in the U.S. and Canada will remain closed an additional week, with reopening now set for May 11. The automaker pushed back the previously announced date to resume production ...
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Statement re Update on Financial & Operating Measures; Dividend Policy; and Financial Calendar Update on Financial & Operating Measures; Dividend Policy; and Financial Calendar. C&C Group plc ('C&C' or the 'Group'), a leading, vertically integrated premium drinks company which manufactures, markets and distributes branded beer, cider, wine, ...
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Southwest Airlines Announces Pricing Of Notes DALLAS, April 29, 2020 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today announced that it has priced its underwritten public offering of $2.0 billion aggregate principal amount of senior notes, consisting of $750 million aggregate ...
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BBB warns of on-line face mask scams CLEVELAND, Ohio (WOIO) - The Better Business Bureau (BBB) warns residents to watch out for face mask scams as business start to re-open. On Tuesday, Ohio Governor Mike DeWine said it was not necessary for customers to wear masks inside ...
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Top prosecutor warns of scams circulating during COVID-19 Denver's top prosecutor says scammers are finding opportunities for profit in the COVID-19 pandemic. In a conversation with Insight's John Ferrugia, Denver District Attorney Beth McCann shares details on some of the most common scams and advice on how ...
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