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Bankruptcies Loom Over The Retail Sector In The Second Half
Brooks Brothers and Sur La Table are the latest retailers to file for bankruptcy. Many well-known stores were hit hard by the pandemic, and more are expected to file for Chapter 11.
Hertz Suspends Plan To Offer $500 Million In Stock
Hertz has suspended its plan to sell up to $500 million in shares after the SEC voiced concern about the deal and launched a review.
Lennar Executive Chairman Stuart Miller On Second-Quarter Earnings, Housing Market And More
Stuart Miller, executive chairman of Lennar Corporation discusses the company’s better-than-expected quarterly earnings results, the housing market and more.
Lowe’s Same-Store Sales Rose 11.2% In First Quarter
Lowe’s reports quarterly earnings results.
Home Depot Posts EPS Miss, Revenue Beat
For the first quarter that ended May 3, Home Depot reported that net income fell 10.7% to $2.25 billion, or $2.08 per share, compared with $2.51 billion, or $2.27 per share, a year earlier.
AutoNation CEO On Q1 Earnings, Covid-19 Impact On Auto Industry And More
Auto sales are down around 47% in a month, yet there are signs things are getting better.
Fiat Chrysler Reports Wider-Than-Expected Loss On Top And Bottom Lines
Fiat Chrysler reports quarterly earnings results.
Comcast Adds 477,000 High Speed Internet Customers In First Quarter
Comcast reports first-quarter earnings.
General Electric Says Coronavirus Pandemic Impacted Q1 Profit By $700 Million
General Electric reported a steep declines in first-quarter revenue and earnings as the industrial giant took a hit amid the coronavirus pandemic.
Caterpillar Reports Q1 Earnings Miss, Drop In Sales During Coronavirus Crisis
Caterpillar reported revenues of $10.6 billion in the first quarter, a decrease of 21% compared with $13.5 billion in the first quarter of 2019.
Blackstone President On Q1 Earnings, Investment Strategy, The Fed And More
Jon Gray, president and chief operating officer of Blackstone Group discusses the company’s quarterly earnings as well future investments, market recovery from the coronavirus crisis, the Fed’s policy measures to prop up the economy and more.
Coca-Cola Posts Earnings Beat, Withdraws Annual Forecast
Coca-Cola reported adjusted first-quarter earnings of 51 cents on $8.60 billion.
Abbott Labs Reports Earnings Beats, Withdraws Full Year Guidance
Abbott Laboratories reports first-quarter earnings results.
Citigroup Posts Better-Than-Expected Earnings
Citigroup reports first-quarter earnings results.
Wells Fargo EPS Misses Reporting $0.01 Vs $0.33 Estimated
Wells Fargo reported first-quarter earnings results that were well below expectations as the company set aside money for credit losses amid the coronavirus pandemic.
Tesla Pops On Better-Than-Expected Delivery Numbers
Tesla delivered some positive news for investors with its first-quarter delivery numbers.
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