Sysco Corporation (SYY) was up +2.04% on Tuesday to close the session at $73.03. The U.S. foodservice provider posted an 82 percent decrease in earnings in the quarter. For the second fiscal year, net income was $67 million, or 13 cents a share, compared to $383 million and 74...
After the news of an unprecedented rise in U.S. crude inventories last week, oil changed in a distributed order. U.S. light crude WTI gave up 0.3% to $53.13 a barrel for Nymex's February futures agreement, while North Sea Brent advanced 0.1% to $56.10. On Thursday, gold dropped 0.1 percent to...
On Thursday, Delta Air Lines, Inc. (DAL) increased to $41.47, up +2.52 percent. Delta Air Lines finished the year 2020 with a net loss of $12.4 billion, the first negative outcome since 2009. The loss per share after adjustments was $2.53 vs $2.51 consensus. Against an estimate of at...
Walmart (WMT) announced that it would join forces with Ribbit Capital to provide next-generation financial products that offer state-of-the-art technology and fair prices. Although the amount of investment and the future name of the fintech company have yet to be disclosed, Walmart is expected to own a majority stake. A...
On Tuesday, crude oil prices were in the red, with WTI dropped by 1.6 percent below to $47.02 while Brent was also down -1.63 percent to the $50.08 mark. Following months of deadlock, the U.S. Congress, on Monday, approved a funding package of almost $900 billion to mitigate the impact...
Brexit talks are still being closely monitored by the markets, as the working dinner between British Prime Minister Boris Johnson and President of the European Commission Ursula von der Leyen on Wednesday did not clear up the differences. According to the President of the European Commission, the two parties...
Burlington Stores, Inc. (NYSE: BURL), a globally recognized provider of high-quality premium clothing, boots, shoes, and home products at low daily prices, recently confirmed that Michael Goodwin, PetSmart, Inc.'s Senior Vice President and Chief Information Management Officer, will join the Board of Directors and its Audit Committee on December...
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH), today revealed that in the 2021 annual survey of the Institutional Investor All-America Executive Committee it has clean swept first place overall rankings in the leisure market. The company said, in all eight categories, the organization ranked # 1 overall, that comprise a...
AT&T Inc (T) was down -0.42 percent on Wednesday as a big new wave of layoffs has been initiated by WarnerMedia as the company faces substantial financial losses related to the Covid-19 pandemic. More than 1,000 individuals could lose their jobs, according to the U.S. press, as the AT&T...
The world's biggest jeweller Pandora is performing well and the company has no plans to close any of its outlets. The firm is also paying full wages to its staff and firm said that they can handle a big drop in sales due to current pandemic. The Pandora CEO Lacik...