CoronaVirus | Financial Buzz

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Rite Aid CEO Awaits ‘Chaotic’ Weeks Ahead Amid Vaccine Rollouts

Rebecca Urena01/12/202101/12/2021

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CEO of Rite Aid (NYSE: RAD) Heyward Donigan, said she believes retailers will be forced to take on a bigger role regarding the distribution of Covid-19 vaccines as the...

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Walmart Introduces New Smart Cooler Delivery Method

Rebecca Urena01/12/202101/12/2021

3042

Walmart (NYSE: WMT) revealed it is preparing to test another convenient delivery method which includes dropping groceries off to a smart cooler on customer’ front porch. Currently, the company...

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Shake Shack Surges Amid Sales Increase

Rebecca Urena01/12/202101/12/2021

3362

Shake Shack (NYSE: SHAK) shares went up 6% on Tuesday after the company revealed an increase in its fourth quarter revenue. The positive news comes amid several months of...

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Lululemon Presents Strong Fourth-Quarter Earnings and Sales Forecast

Rebecca Urena01/11/202101/11/2021

2791

Lululemon (NASDAQ: LULU) announced Monday that it forecasts fourth quarter earnings and sales to reach the top end of its previous outlook, amid the strong holiday outcome. The company...

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Analysts Are Optimistic on Johnson & Johnson’s Covid Vaccine

Rebecca Urena01/11/202101/11/2021

3460

Johnson & Johnson (NYSE: JNJ) is actively in a phase 3 clinical trial involving 45,000 participants for its one dose Covid-19 vaccine and analysts are optimistic on the end...

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Bud Light Seltzer Launches New Hard Seltzer Lemonade

Rebecca Urena01/08/202101/08/2021

2924

Bud Light (NYSE: BUD) is set to release a line of hard seltzer lemonades as it aims to stake a hold of the competitive division. The line will have...

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Impossible Foods Reduces Prices for its Distributors

Rebecca Urena01/06/2021

1667

Impossible Foods has revealed it will be reducing its wholesale prices for the second time in less than a year, coming closer in price to the meat products it...

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Macy’s To Close 45 Locations in the Coming Months

Rebecca Urena01/05/2021

1963

Macy’s (NYSE: M) revealed that it will be closing down 45 additional department stores by the middle of 2021. The closures come as no surprise as the company had...

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General Motors Sales Increase in Fourth Quarter

Rebecca Urena01/05/2021

3031

Automaker General Motors (NYSE: GM), reported an increase in sales for its fourth quarter. According to the company, despite sales having plummeted 11.8% in 2020, it is demonstrating a...

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JC Penney CEO Jill Soltau Set to Leave Retailer

Rebecca Urena12/30/2020

2602

J.C. Penney (OTCMKTS: JCPNQ) CEO Jill Soltau, accredited with aiding in the retailer’s turnaround, will be leaving the company Thursday. After emerging from bankruptcy, new owners Simon Property Group...

Tag: CoronaVirus

Rite Aid CEO Awaits ‘Chaotic’ Weeks Ahead Amid Vaccine Rollouts

Walmart Introduces New Smart Cooler Delivery Method

Shake Shack Surges Amid Sales Increase

Lululemon Presents Strong Fourth-Quarter Earnings and Sales Forecast

Analysts Are Optimistic on Johnson & Johnson’s Covid Vaccine

Bud Light Seltzer Launches New Hard Seltzer Lemonade

Impossible Foods Reduces Prices for its Distributors

Macy’s To Close 45 Locations in the Coming Months

General Motors Sales Increase in Fourth Quarter

JC Penney CEO Jill Soltau Set to Leave Retailer

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