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AMC Entertainment Ends Plans for 25 Million Share Sale Boost

Rebecca Urena07/06/202107/06/2021

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AMC Entertainment (NYSE: AMC) rose Tuesday after it halted plans for shareholders to authorize a capital increase which would dilute existing stockholders. The proposal was intended to issue up...

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Ford Sales Plunge 27% in June Amid Ongoing Chip Shortage

Rebecca Urena07/02/2021

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Ford Motors (NYSE: F) reported a 27% fall in June sales, compared with the previous year, ultimately missing analyst expectations as a consequence of the global semiconductor chip shortage....

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Walgreens Reports Positive Third Quarter Earnings

Rebecca Urena07/01/2021

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Walgreens Boots Alliance ( NASDAQ: WBA) reported better-than-expected fiscal third quarter earnings Thursday and raised its outlook for the year. Although shares rose 2.2% for a short period of...

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CLEAR Trades 35% Higher on its First Day as Public Company

Rebecca Urena06/30/2021

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CLEAR (NYSE: YOU), a biometric screening company, commenced trading at USD38.55 per share for the first time on the New York Stock Exchange on Wednesday. The company had priced...

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Southwest Pushes Workers to Take Extra Shifts Upon Looming Fourth of July Weekend

Rebecca Urena06/29/202106/29/2021

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Southwest Airlines (NYSE: LUV) is encouraging workers to take on extra shifts and are providing overtime at the start of July to avoid any flight interruption as the fourth of...

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Darden Restaurants Reports Positive Fourth Quarter Results

Rebecca Urena06/24/202106/24/2021

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Darden Restaurants (NYSE: DRI), Parent company to Olive Garden, reported its financial results for the fourth quarter and fiscal year on Thursday. The report detailed the fact that same-stores...

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Southwest Airlines CEO Gary Kelly to Step Down in 2022

Rebecca Urena06/23/2021

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Southwest Airlines (NYSE: LUV) Chairman and CEO Gary Kelly revealed Wednesday that he will be resigning from his current position and would “transition roles” to become executive chairman. Kelly...

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AstraZeneca, EU Both Claim to Win Court Case Regarding Vaccine Delivery

Rebecca Urena06/18/2021

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AstraZeneca (OTCMKTS: AZNCF) and the European Union (EU) both claim to have won a legal battle in which the EU accused the pharmaceutical company of not producing enough vaccine...

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Ford Predicts Second-Quarter Earnings Will ‘Surpass Expectations’

Rebecca Urena06/17/202106/17/2021

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Ford Motor (NYSE: F) surged 2.5% after its announcement that its adjusted pre-tax Q2 earnings would “surpass its expectations” and be much higher compared to the previous year’s numbers....

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H&M Sales Rise Amid Relaxed Restrictions

Rebecca Urena06/15/2021

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H&M (OTCMKTS: HMRZF) sales rose from a year earlier as pandemic restrictions lulled and online demand remained steady, although revenue was still below 2019 numbers. According to the company,...

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