Bed Bath & Beyond (NASDAQ: BBBY) revealed Wednesday that its sales had fallen almost 50% in its recent quarter, despite online sales skyrocketing over 100% throughout April and May...
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Hertz Intends to Sell $1 Billion in Stock After Going Bankrupt
Hertz Global (NYSE: HTZ) shares skyrocketed over 70% to USD3.56 in premarket trading Friday amid news that the company planned to sell USD1 Billion in shares. In a risky...
Starbucks Corporation (NASDAQ: SBUX) said that due to the coronavirus pandemic it had lost approximately USD3.2 Billion in revenue during its third quarter. Shares fell 3% Wednesday in early...
Macy’s (NYSE: M) shares tumbled over 5% Tuesday after having shot up 12% in premarket trading, following Monday’s news that it had secured financing. The company stated that it...
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Volkswagen Finalizes $2.6 Million Deal With Argo AI
Volkswagen AG (OTC: VLKPF), has officially closed its USD2.6 Million investment deal in Argo AI, the Pittsburgh-based self-driving start-up. Ford Motor also acquired a majority stake of the start-up...
Sony Corp. America will invest USD 400 Million in an equity investment in Bilibili. Sony intends to collaborate with the Chinese video site to attract China’s Gen Z. Subsidiary...
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March 13, 2020 Weekly Wrap up LIVE from the floor of the NYSE
On Monday anxiety increased after Saudi Arabia slashed crude prices over the weekend, abandoning its attempts to support the oil market. At the open, markets sold off so intensely...
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March 6, 2020 Weekly Wrap up LIVE from the floor of the NYSE
On Monday the ISM manufacturing index for February fell .8 point to 50.1 and construction spending for January increased 1.8% on top of the prior month’s .2% gain. Markets...
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February 28, 2020 Weekly Wrap up LIVE from the floor of the NYSE
On Monday markets tumbled as news over the weekend indicated that the coronavirus continued to spread in countries outside China, particularly South Korea and Italy. Even though new cases...
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February 21, 2020 Weekly Wrap up LIVE from the floor of the NYSE
Monday was Presidents Day holiday and markets were closed. On Tuesday the Empire State manufacturing survey for February rose 8.1 points to 12.9 and the housing market index for...