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Uber drops as revenue declines 18% from last year Uber's third-quarter earnings are out, and the company reported losses of 62 cents per share and revenue of $3.13 billion. Bookings from deliveries outpaced bookings for rides and mobility again for Uber, as the Covid-19 pandemic continued to impact travel ...
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ClearStream Announces Third Quarter 2020 Financial Results CALGARY, Alberta , Nov. 05, 2020 (GLOBE NEWSWIRE) -- ClearStream Energy Services Inc. ("ClearStream" or the "Company") (TSX: CSM) today announced its results for the three and nine months ended September 30, 2020. All amounts are in Canadian ...
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Peloton sales triple as pandemic surge continues, but the stock is falling amid delivery issues Connected exercise-equipment company expects holiday quarter will be its first three-month period to reach $1 billion in sales, but difficulties keeping up with orders and delivering equipment now has an indefinite timetable. Email icon; Facebook icon; Twitter ...
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Some pizza, beer and weed: Americans voted, then ordered in for Election Day The 2020 presidential election didn't increase voter turnout, it also increased sales of some guilty pleasures. Orders for food, alcohol and marijuana spiked on Election Day as Americans watched for electoral results in the race between President Donald ...
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Zillow shares jump after online real estate company blows past estimates and provides optimistic forecast Zillow reported better-expected-results for the third quarter and provided a fourth-quarter forecast that exceeded analysts' estimates. The stock rose after hours, extending its gains for the year. "We believe these tailwinds are durable, supported by low interest ...
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A Biden Win And Split Congress Is Wall Street's Best-Case Scenario, Now Investors Turn Focus To These 3 Big Issues As a Biden win becomes increasingly likely, investors on Wall Street are turning their focus to the possibility of another round of fiscal stimulus, vaccine data for phase-three candidates and potential central bank measures to boost economic activity and keep ...
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Delivery startup goPuff acquires BevMo for $350M Bloomberg's Katie Roof reported today that goPuff was in talks to buy alcoholic beverage chain BevMo, and goPuff just put out a press release confirming that it has reached an acquisition agreement for a price of $350 million.
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GM reports a $4 billion third-quarter profit as car sales rebound. General Motors reported robust third-quarter results as auto sales and production rebounded through the summer after the coronavirus forced the industry to shut down factories and dealerships in the spring. The automaker reported net income of $4 billion, ...
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With Occupancy at 74%, Brookdale Execs Focus on Rate Discipline, Long-Term Demand Leaders with Brookdale Senior Living (NYSE: BKD) are touting recent moves to improve operational and financial footing and are keeping a long-term focus, even as the company's occupancy rate has continued to slump amid ongoing Covid-19 pressure.
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Hall of Fame Resort & Entertainment's stock rockets as SI media deal overshadows new 'going concern' language Shares of Hall of Fame Resort & Entertainment Co. HOFV, +79.47% more than doubled (up 105.1%) on very heavy volume Thursday, after the football-focused entertainment company's announcement of a media deal with Sports Illustrated Studios ...
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Discount Diva: 5 Reasons stores are desperate to kickstart Black Friday early this year Retailers are holding their Black Friday events earlier than ever this year, hoping to get a head start on an unpredictable holiday shopping season. "This is truly a holiday season unlike anything we've ever seen with Covid, so you can throw all of the usual ...
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Merck Makes a $2.8 Billion Bet on an Experimental New Cancer Drug The cancer-focused pharmaceutical giant will buy a privately held biotech developing a potential first-in-class treatment. Cory Renauer. (TMFang4apples). Nov 5, 2020 at 3:59PM. Author Bio. Cory is a long-term minded analyst focused on the Healthcare ...
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Twin River approved by NJ gaming regulators to operate Bally's Atlantic City ATLANTIC CITY — Twin River Worldwide Holdings Inc. was given the green light Thursday by state gaming regulators to own and operate Bally's casino hotel with a condition that renovations and upgrades begin post-haste. The Casino Control Commission ...
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Trader Joe's Reports 1250 COVID-19 Cases in Employees Over 8-Month Period Monrovia-based Trader Joe's announced Thursday that 1,250 of its 53,000 employees nationwide tested positive for COVID-19 within the past eight months, with two deaths reported in which coronavirus was suspected of being a contributing factor.
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Bentley is making the shift to an all-electric lineup Bentley Motors, the ultra luxury automaker under VW Group, will only produce plug-in hybrid and all-electric cars starting in 2026 with an aim to drop all combustion engines in the next decade. The company said Thursday its entire lineup will be all-electric by ...
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ESPN Eliminates 500 Positions as Disney Budgets for a Multi-Billion-Dollar Rights Spree ESPN on Thursday began its latest round of layoffs, cutting ties with approximately 300 staffers and declining to fill an additional 200 open positions. The 500 roles represent about ten percent of the company's domestic workforce, Today's eliminations mark ...
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Here are all the road closures for outdoor dining in Philadelphia this weekend (Nov. 5-8) Streeteries and sidewalk dining have been part of Philadelphia's new normal since the summer, but they do remind us that we remain in the middle of a global pandemic that's now surging for the second time as positive Covid-19 cases spike around the ...
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Why Houghton Mifflin Harcourt Stock Is Plunging Today Shares of Houghton Mifflin Harcourt (NASDAQ:HMHC) are plunging today, down by 20% as of 2:45 p.m. EST, after the company reported third-quarter earnings. The educational textbook specialist missed analysts' expectations by a mile.
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Cinemark Sees Revenue Plunge, Swings To The Red In COVID-Battered Q3; CEO Says Managing Liquidity Is Key Major movie chain Cinemark reported a COVID-battered quarter with revenue of $35 million versus $821 million the year earlier. It swung to a loss of $148 million from a $33-million profit. As of September 30, it had 252 domestic and 15 international theaters ...
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$60 million Terminix settlement: 12000 homes retreated for termites; some may receive $650 payments Over 12,000 residents in Mobile, Baldwin and Monroe counties will be retreated for termites under a "historic" $60 million settlement the state of Alabama reached Thursday with Memphis-based Terminix International. The settlement was in in response to ...
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New Berry Hill retail shop offers CBD, hemp-extract products A company selling CBD and hemp-extract products is hoping to drive the conversation toward legalizing cannabis in the state of Tennessee. The Holistic Connection, which sells CBD and hemp-extract products, skincare, pet products and more, will have its ...
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Single-family home sales surge in Manhattan and Brooklyn Single-family home sales tripled in the city last month, with 141 more contracts signed in Brooklyn and Manhattan than the same month last year, a Douglas Elliman report has found. With 198 new deals, Brooklyn took the lead with a 225% increase in new ...
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Live Nation Entertainment's Q3 sales falls 95% Live Nation Entertainment Inc.'s revenue sank 95% in the third quarter from a year ago as the number of Live Nation estimated events and tickets both fell by the thousands. The company reported a loss of $528.9 million, compared with its profit a year ago that ...
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Text of the Federal Reserve's statement after its meeting WASHINGTON (AP) — Below is the statement the Fed released Thursday after its policy meeting ended: The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum ...
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GM to Invest 1 Billion Canadian Dollars in Canada Plants to Expand Pickup Output DETROIT (Reuters) - General Motors Co will invest 1 billion Canadian dollars in its Canadian operations to expand production of highly profitable full-size pickup trucks to meet growing demand, Chief Executive Mary Barra said on Thursday. The Detroit ...
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Microchip Tech: Fiscal 2Q Earnings Snapshot CHANDLER, Ariz. (AP) _ Microchip Technology Inc. (MCHP) on Thursday reported fiscal second-quarter net income of $73.6 million. The Chandler, Arizona-based company said it had profit of 27 cents per share. Earnings, adjusted for one-time gains and ...
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Hanesbrands reports strong sales and cash flow, positive outlook for final quarter Hanesbrands Inc. (NYSE: HBI) on Thursday announced third-quarter 2020 results, citing strong sales, operating profit and cash flow on improving business trends despite continued market disruption from Covid-19. Net sales for the Winston-Salem-based ...
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MGM Springfield adding robot bartender to speed service amid coronavirus restrictions SPRINGFIELD — MGM Springfield is adding a robot bartender to help speed drink service while COVID-19 restrictions ban patrons from approaching the bar and ordering themselves. Instead, all drinks must be brought to seated patrons. And the ensuing ...
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Why Pot Stock Aphria Is Flying High Today Shares of Aphria (NASDAQ:APHA) soared 12% at the market open today, after the Canadian cannabis company announced it was getting into the beer industry by acquiring SweetWater Brewing Company. Shares remain up over 8% as of 10 a.m. EST.
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Why Consol, whose business is coal, is looking forward to higher natural gas prices Coal producers are also hoping for natural gas prices to increase above the $3 a mark as it's likely to increase demand from coal-burning power plants. Consol Energy Corp. CEO Jimmy Brock made this point during the Canonsburg coal producer's ...
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Kimball to acquire Poppin Inc. By Herald Staff JASPER — Kimball International, headquartered in Jasper, will acquire Poppin Inc., a commercial furniture company. According to a news release, the move is part of "plans to accelerate its business into the future with the next phase of the ...
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Passengers enjoy inaugural nonstop flight from Appleton airport to Charlotte GREENVILLE (WLUK) -- For the first time, travelers got to experience Appleton International Airport's newest nonstop flight service. American Airlines began offering nonstop flights from ATW to Charlotte Douglas International Airport (CLT) Thursday. "We look ...
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Sentara Healthcare warns about job recruiting scam NORFOLK, Va. — There's a scam circulating aimed at job seekers that Sentara Healthcare is warning people about. Scammers will post fake positions under various company names including Sentara. When people apply, the scammers will ask for checking ...
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Dress the Turkey Coloring Contest DOWNLOAD THE TURKEY HERE! The Thanksgiving season is upon us! You know what that means – Turkey! The Daily Journal is asking readers to decorate Turkeys and submit them for a chance to win a $500 shopping spree. Then our favorite decorated ...
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Keewatin Taconite plans to restart plant, bring back workers KEEWATIN, Minn. (AP) — U.S. Steel plans to bring back hundreds of workers at the Keewatin Taconite plant in northern Minnesota that was shut down in May due to a drop in demand for iron and steel during the coronavirus pandemic, officials said Thursday.
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Discovery to outline DTC plans in December, reports lower revenues for Q4 Discovery Inc.'s revenues slid 4% in the fourth quarter to US$2.56 billion as president and CEO David Zaslav told investors the company will outline its plans for a direct-to-consumer service early next month. During its Q4 2020 earnings call this morning (Nov.
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Old TVs, computer monitors no longer allowed for recycling On Jan. 1, disposal options will change for all televisions and all heavy tube style computer monitors in north central Arkansas. The White River Regional Solid Waste Management District announced that TVs and tube style computer monitors will no longer be ...
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