Digital Realty Trust (NYSE:DLR) Q2 2020 Earnings Call Jul 30, 2020, 5:30 p.m. ET. Contents: Prepared Remarks; Questions and Answers; Call Participants. Prepared Remarks: Operator. Good afternoon, and welcome to the Digital Realty second-quarter ...
The advance gross domestic product (GDP) report showed that in the second quarter of 2020, U.S. GDP declined at an annualized rate of 32.9%. Headlines called it a historically poor showing, the biggest single-quarter decline in GDP since 1947, when the ...
London (CNN Business) Qatar Airways has promised to pump hundreds of millions of dollars into British Airways and Iberia as they fight to survive the coronavirus pandemic. International Airlines Group (ICAGY), which owns both European carriers said ...
HOUSTON (Reuters) - Chevron Corp (CVX.N) on Friday reported an $8.3 billion loss on asset writedowns from plummeting fuel prices, a forced exit from Venezuela and expenses tied to thousands of jobs cuts. FILE PHOTO: The logo of Chevron (CVX) is seen ...
The federal government announced a $2.1 billion deal Friday with the French pharmaceutical company, Sanofi, and its British partner, GSK, to support the development of a coronavirus vaccine the companies are working on together. Support our journalism.
MADRID (Reuters) - The coronavirus crisis has pulverised Spain's economy, triggering its worse recession since the civil war, with the depressed state of tourism boding ill for any hopes of a swift rebound. FILE PHOTO: People wearing protective masks walk ...
SEOUL, July 31 (Reuters) - Worried South Koreans are putting banknotes in their microwaves and washing machines, damaging the bills in their attempts to cleanse them of the coronavirus. The central bank said on Friday that people had exchanged three ...
Stock-index futures point to a higher start for Wall Street for the last day of July on Friday after Apple and Amazon delivered blowout earnings and Facebook and Google parent Alphabet topped expectations. However the lack of progress in Congress on ...
Expedia (NASDAQ:EXPE) Q2 2020 Earnings Call Jul 30, 2020, 4:30 p.m. ET. Contents: Prepared Remarks; Questions and Answers; Call Participants. Prepared Remarks: Operator. Good afternoon. My name is Frederica, and I'll be your conference operator ...
Social Security is, unquestionably, our nation's most valuable social resource. For more than 80 years, it's provided a financial foundation for retired workers. Today it's responsible for pulling more than 15 million retirees out of poverty every year. Without this ...
Moderna had a head start in advancing its COVID-19 vaccine into clinical testing. But Pfizer is ahead in some important ways. Keith Speights. (TMFFishBiz). Jul 31, 2020 at 6:47AM. Author Bio. Keith began writing for the Fool in 2012 and focuses primarily on ...
Sales of Merck's blockbuster cancer drug Keytruda helped offset an 8% decline in revenue to $10.87 billion during the second quarter. Merck is working to develop two separate vaccines and an oral antiviral drug to fight Covid-19. In this photo illustration the ...
HONOLULU (KHON2) — Though the COVID-19 pandemic has put many out of the job, some companies are looking to hire hundreds of people. "We hope everyone gets back to their careers, but we can fill the gap until then," said a company official with ...
Walmar WMT +0.2% t is tightening its belt. Hundreds of workers in store planning, logistics, merchandising and real estate have been laid off as the company is looking to reduce some expenses where it believes it can be done without hurting overall business ...
LONDON (Reuters) - Switzerland-based Glencore (GLEN.L) expects a stellar performance from its oil trading arm to help the division hit the top end of its full-year target for operating income, it said on Friday. FILE PHOTO: The logo of commodities trader ...
Cost controls in North America yielded $46 million (30 million euros) in pre-tax earnings for Fiat Chrysler Automobiles NV in the second quarter amid the novel coronavirus pandemic, though the Italian American automaker on Friday recorded a total et loss of ...
Amazon has received approval from the U.S. Federal Communications Commission (FCC) to launch and operate a planned constellation of 3,236 internet satellites. That's the backbone of Amazon's Project Kuiper, an initiative to create a satellite-based ...
Caterpillar posted adjusted per-share earnings of $1.03 on revenues of $10 billion, both better than expected. Still, the $10 billion in sales represented a 31% decrease compared with $14.4 billion the company reported a year earlier. Caterpillar said the ...
Colgat -1.3% CLe-Palmolive stock (NYSE: CL) is up 12% since the beginning of this year, and at the current price of around $76 per share, we believe Colgate stock is fully valued. Why is that? Our belief stems from the fact that Colgate stock remains about ...
... * Q1 revenue down 7% to 5.25 bln stg, core earnings also fall 7%. * Sees FY revenue down 5-6%, earnings of 7.2-7.5 bln stg. * Shares down 3% (Adds CEO comments, shares). By Paul Sandle. LONDON, July 31 (Reuters) - BT, Britain's biggest broadband ...
Scott Thiel can't remember the last time BlackRock Investment Institute had a positive view on European stocks. It's been that long. At the end of June, the research arm of the world's largest asset manager upgraded its view on European equities to overweight ...
Right now, the American economy is like an F-22 Raptor fighter jet — only without 100% of its weapons in operation. It's still the best in the world and would win any battle, but it's not fully charged. We have a little way to go before our economic aircraft is fully ...
Dominion Energy is getting a new CEO, with Thomas F. Farrell transitioning to a new role as executive chair effective Oct. 1, the energy giant announced Friday. Farrell will continue to serve as the chairman of Dominion's board of directors, according to a ...
To say that Amazon posted a good quarter on Thursday (July 30) is a bit like saying Michael Jordan had a good career. By any metrics, the company's earnings were off the charts, and they hardly came as a result of cost-cutting. The company almost doubled ...
MCLEAN, Va. (AP) _ Booz Allen Hamilton Holding Corp. (BAH) on Friday reported fiscal first-quarter earnings of $129.3 million. The McLean, Virginia-based company said it had profit of 92 cents per share. Earnings, adjusted for amortization costs and pretax ...
Under Armour revenue plunged 41 percent in the three months through June as the COVID-19 pandemic shuttered retail stores across the country. Continue Reading Below. The Baltimore-based athletic apparel manufacturer reported a second-quarter net ...
ALBUQUERQUE, N.M. (AP) _ PNM Resources Inc. (PNM) on Friday reported second-quarter net income of $57.6 million, after reporting a loss in the same period a year earlier. The Albuquerque, New Mexico-based company said it had profit of 72 cents per ...
The Bank of Jamaica, BOJ, plans to test a digital currency as an alternative to cash later this year. The central bank digital currency, or CBDC, would be additional to banknotes and coins, and backed by the central bank as legal tender. It will be tenable in ...
Lyft and rental car company Sixt have partnered to offer drivers the ability to rent vehicles straight from the ride-hailing company's app beginning in August. The service will initially be offered in Las Vegas, Seattle and Miami, with planned expansion to other ...
Amid the COVID-19 pandemic and recession, many Americans are struggling to pay their bills — and as a result, credit card issuers are pulling back on the available credit they are offering consumers. That means not only is it harder to get approved for new ...
RIL chairman Mukesh Ambani has again pushed for 2G free India as DoT and COAI celebrate 25th anniversary of mobility in India. Reliance Industries, Reliance Jio, Reliance Retail, RIL, RIL June Quarter Result Updates. This isn't the first time that Mukesh ...
ORANGE COUNTY, Fla. — The company that owns Universal Orlando announced Thursday work on the resort's new theme park "Epic Universe" will remain paused indefinitely. Read: State reports 252 more deaths linked to coronavirus, including 40 in ...
By Manoj Kumar. NEW DELHI (Reuters) - India's federal fiscal deficit touched a record $88.5 billion in the April-June quarter, 83.2% of the target for the whole of the current fiscal year, reflecting the impact of the coronavirus pandemic on tax collections and as ...
Chinese start-up SenseTime is considering an initial public offering (IPO) on China's tech-focused STAR market after its latest fundraising that will value the company at US$10 billion, three people with knowledge of the matter said. The logo of SenseTime is ...
This week, a Brooklyn federal judge granted a preliminary injunction requested by app-based for-hire-vehicle (FHV) driver plaintiffs and the New York Taxi Workers Alliance (NYTWA) against New York's Department of Labor (NYDOL), Gov. Andrew Cuomo ...
Boeing is halting the production of its 747 jumbo jet in 2022, after over fifty years in service. Agencies. Fifty years ago. 2/6. Fifty years ago. The 747 jumbo jet was first debuted as a prototype in September of 1968 at the American manufacturer's Washington ...
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