Tuesday, October 27, 2020

Google Alert - finance

Google
finance
As-it-happens update October 28, 2020
NEWS
CNBC
Microsoft's results beat across the board as Azure grew more than some analysts had expected, although guidance for the next quarter was soft. The company's gross margin is benefiting from an accounting change related to depreciation of server equipment.
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Patch.com
Amazon today announced it has promoted more than 35,000 Operations employees in 2020, that 30,000 employees (more than 1,100 in Maryland) have taken advantage of Amazon's Career Choice program, and that it's creating an additional 100,000 ...
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The Verge
Microsoft saw some big growth in Microsoft Teams at the beginning of the pandemic, and it has kept accelerating over the past six months. During an earnings call with investors today, Microsoft CEO Satya Nadella reveled Microsoft Teams now has 115 ...
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PRNewswire
MOUNTAIN VIEW, Calif., Oct. 27, 2020 /PRNewswire/ -- SmartThings, the leader in smart home automation, today announces its technology will power Mercedes-Benz's latest smart home function, giving drivers and passengers unprecedented ability to use ...
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Omaha World-Herald
Amazon has chosen a sprawling field in Sarpy County to build a 700,000-square-foot distribution center — a project expected to employ 1,000 full-timers who will work alongside robots to pick, pack and prepare items for delivery to front porches.
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Washington Post
Small businesses need a new round of loans and aid from the government to keep employees working as the pandemic continues to spread, the head of the Small Business Administration said Tuesday. SBA Administrator Jovita Carranza said business ...
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Bloomberg
Wells Fargo & Co. shares fell to their lowest level in more than a decade Tuesday as investors awaiting Chief Executive Officer Charlie Scharf's strategy absorbed the prospect of job cuts and likely business sales. Shares declined 3.9% to their lowest since ...
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Washington Business Journal
Raytheon Technologies Corp. (NYSE: RTX) said Tuesday that it could reduce its global office space by up to 25% as one potential cost-saving measure to offset the effects of the Covid-19 pandemic on its business. The move would come as the Waltham, ...
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CNBC
Shares of First Solar surged in extended trading on Tuesday after the company said that sales jumped 70% year over year during the third quarter. The solar panel manufacturer handily beat analyst estimates on both the top and bottom line. First Solar shares ...
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CNBC
Steve Huffman CEO, Reddit, delivers remarks on 'Redesigning Reddit' during the third day of Web Summit in Altice Arena on November 08, 2017 in Lisbon, Portugal. Horacio Villalobos | Corbis | ...
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Pittsburgh Post-Gazette
EQT Corp. announced on Tuesday that it is buying Chevron's Appalachian assets for $735 million in a deal that will make the largest natural gas producer in the country an even bigger force. Downtown-based EQT called the move "low risk" and a "strategic ...
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Duluth News Tribune
Sanford Health's planned merger with Utah-based Intermountain Healthcare doesn't seem to be a big concern for city and business leaders in Sanford's hometown of Sioux Falls, helped largely by assurances that layoffs aren't on the way. Written By: Jeremy ...
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WFAA.com
The Texas Alcoholic Beverage Commission suspended the liquor licenses of four bars in Dallas after they failed inspections to enforce the state's COVID-19 health and safety protocols, the commission announced Tuesday. Shuck N Jive, Alamo Club, ...
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St. Louis Business Journal
Centene Corp. CEO Michael Neidorff on Tuesday praised cooperation between the city of St. Louis' and St. Louis County's police departments, done on a "trial basis," which he said he helped coordinate. The executive's comments came at a conference ...
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Philadelphia Business Journal
Malvern-based CubeSmart has agreed to a $540 million deal to purchase eight self-storage properties in New York from Storage Deluxe. The properties total 780,425 square feet and are in Brooklyn, Queens, and the Bronx and are managed by CubeSmart ...
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TheStreet
United Parcel Service (UPS) - Get Report shares were higher after the package-delivery group said that on Friday it would hire 50,000 seasonal workers and as investment firm UBS upgraded the stock to buy. The Atlanta company is scheduled report its ...
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kwwl.com
WEST DES MOINES, Iowa (KTIV) — Hy-Vee is introducing an automated cleaning system that fully cleans and sanitizes shopping carts after every use. The company says by mid-November, more than 200 Hy-Vee stores across its eight-state region will have ...
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Cherokee Tribune Ledger News
San Diego Gas & Electric turned off power to about 1,500 customers in the East County communities of Boulevard, Campo and Jacumba late Tuesday morning because of concerns that high winds could lead to downed power lines. The utility said it expects to ...
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Charlotte Business Journal
Growth in Charlotte-area home prices didn't show signs of cooling off in August. In fact, prices posted strong gains, according to the latest S&P CoreLogic Case-Shiller index, released on Tuesday. The index, a national tracker of single-family housing prices, ...
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Minneapolis Star Tribune
COVID-19 has pummeled 3M this year, but it has not been without an upside. Strong sales to the health care industry — buoyed by the company's N95 respirator masks — helped 3M Tuesday beat Wall Street's third quarter profit and sales forecasts.
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TheStreet
Novavax Inc. (NVAX) - Get Report shares jumped higher Tuesday after the drugmaker expanded the size of its late-stage coronavirus vaccine trial and said preliminary data could some in the first quarter of next year. Novavax said the trial now has around 5, ...
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Reuters UK
IMMENDINGEN, Germany (Reuters) - As Tesla touts the cutting-edge nature of its new Full Self Driving software, rival Mercedes-Benz says it has developed a similar system but stops short of allowing members of the public to take it on urban roads.
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Flightglobal
MANCHESTER, Conn. (AP) — Lydall Inc. (LDL) on Tuesday reported a third-quarter loss of $11.7 million, after reporting a profit in the same period a year earlier. The Manchester, Connecticut-based company said it had a loss of 67 cents per share. Losses ...
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Reuters
HONG KONG/LONDON (Reuters) - HSBC Holdings PLC on Tuesday signalled it would embark on a pandemic-induced overhaul of its business model, seeking to flip its main source of income from interest rate to fee-based businesses. This video file cannot ...
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Quad City Times
DEERFIELD — Caterpillar Inc. on Tuesday reported third-quarter profit of $668 million. The Deerfield-based company said it had profit of $1.22 per share. Earnings, adjusted for nonrecurring costs, came to $1.34 per share. The results exceeded Wall Street ...
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KLAS - 8 News Now
LAS VEGAS (KLAS) — Welcome to the world's largest sportsbook! It's three stories tall, with a screen that contains 78 million pixels. When Derek Stevens came up with the idea for Circa Resort, he really wanted it to be a mecca for sports fans and sports ...
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The Daily Republic
The report noted commercial passenger aircraft are equipped with ventilation systems that refresh cabin air on average every 2-3 minutes and removing more than 99% of particles of the size that cause SARS-CoV-2. Written By: David Shepardson / Reuters ...
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DCist
D.C. distiller Jos. A. Magnus & Co. is leaving the District. The company, which produces a range of bourbons and dry gins, announced Tuesday that it is relocating operations to Holland, Michigan, effective October 31. "We're excited to be bringing the Magnus ...
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BNN
(Bloomberg) -- Inspire Brands Inc. hasn't been around for long, but it's already making its mark on the restaurant industry. Adding to a string of acquisitions, the private equity-backed company is poised to sign the sector's second-largest deal ever as it plans a ...
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Verde Independent
With the governor's limit on large public gatherings during the COVID-19 pandemic, Verde Valley leaders and others who typically coordinate Halloween events have made adjustments. The Town of Clarkdale canceled both of its events. Other communities ...
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KOMO News
Washington climbed past 104,000 total COVID-19 cases Tuesday and the state's death toll increased by double-digits, according to the latest reporting. The Washington Department of Health reported 527 new COVID-19 cases, 36 additional hospitalizations ...
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Crain's Cleveland Business
Nearly 20 million people visited Cuyahoga County in 2019, a more than 2% increase from 2018 and the ninth straight year in which visitation grew more than the national rate, Destination Cleveland announced on Tuesday, Oct. 27. The trend will not continue ...
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