The analysts might have been a bit too bullish on Medical Properties Trust, Inc. (NYSE:MPW), given that the company… …read more […]
Oil executive Bill Kent was with fellow managers in the Colorado board room of Resource Energy headquarters on April 20 when benchmark U.S. crude prices collapsed to minus $37 a barrel. Sitting six feet apart because of the coronavirus, they knew the pandemic was not only a personal matter.
Tyson Foods Inc said on Monday it expects meat sales volume to fall in the second half of this year, as restaurants are being forced to operate at a limited capacity due to the COVID-19 pandemic.
(Bloomberg) — Generating power without harmful carbon emissions has never been more urgent, yet one of the biggest sources of clean power is struggling to turn a profit.The nuclear industry has been vying for a role as the perfect partner to the surging, but intermittent, renewables sector for years, citing its role as a stable source of emissions-free power. Nations around the world have set tough targets to reduce greenhouse gases with the help of clean energy to meet commitments set out in the 2015 Paris Agreement.Record output from wind and solar is more frequently creating an oversupply that can …read more […]
Ferrari said on Monday it had cut its core profit estimates for the year to reflect the impact of the coronavirus crisis, expected to mainly affect second quarter results.
The analysts covering MercadoLibre, Inc. (NASDAQ:MELI) delivered a dose of negativity to shareholders today, by making… …read more […]
Texas auto dealer Hayden Elder says March was his worst month in 42 years selling cars thanks to the coronavirus, but April brought days that were “almost normal” and he expects bigger customer discounts to help him sell more Dodge Ram pickup trucks this month.
European stock markets and oil prices fell on Monday as a spat between top U.S. officials and China over the origin of the coronavirus fuelled fears of a new trade war, derailing a rebound in global markets.
‘I wouldn’t normally talk about it, but I think it requires an explanation, and it requires an explanation that means we were not disappointed at all in the businesses that were being run and the management, but we did come to a different opinion on it,’ Buffett said on Saturday. …read more […]
After growing rapidly to become Europe’s third-largest low-cost airline and one of the few to apply the budget model to transatlantic flights, Norwegian Air is fighting for its survival after racking up debts and liabilities of close to $8 billion by the end of 2019.
Maybe Warren Buffett was right to dump a bunch of stock in April. …read more […]
Peugeot carmaker PSA , one of many car companies around the world to have been hit hard by the coronavirus, said on Monday that it would gradually restart production at sites over the course of this week.
Romanian carmaker Dacia, owned by France’s Renault and Ford Motor Co’s Craiova plant resumed operations on Monday after output was halted due to the coronavirus pandemic in March, they said.
Sad piano chords, somber shots of empty streets and close-ups of people staring out their windows. So prevalent were coronavirus-themed ads that followed a similar template just a few weeks ago, they were parodied in a YouTube compilation video: “Every COVID-19 Commercial is Exactly the Same.”
Walt Disney Co’s acquisitions spree that included swallowing much of Rupert Murdoch’s 21st Century Fox last year, and a reputation for operational excellence, turned the company into the world’s most powerful entertainment machine.
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