Swiss food giant Nestle reported its best quarterly sales growth in nearly five years on Friday as consumers stockpiled anything from Purina pet food to Nescafe coffee to frozen meals in preparation for coronavirus lockdowns.
Daniel Duckett, owner of the Lazy Claire patisserie in Belfast, was hoping for an insurance payout of up to 100,000 pounds ($123,460.00) to cover losses during the coronavirus lockdown. Now he fears for the future as he battles for the compensation.
Apple’s iPhone SE is now available for pre-order with a retail price of $399. Yahoo Finance’s Dan Howley shares details about the new phone. …read more […]
Yahoo Finance’s Brian Sozzi, Alexis Christoforous, and Heidi Chung discuss the latest market action for Gilead Sciences. …read more […]
Just when it looked like time to throw in the towel, the market pulled through and delivered a win. Stabilizing crude oil prices, a few better-than-expected earnings reports as well as the possibility of a fresh fiscal stimulus package all helped inspire confidence among investors.While April’s rally doesn’t necessarily signal that the worst is behind us, it’s encouraging to say the least. Add in the opportunity to find exciting growth plays, and you have our attention.According to the Wall Street pros, even amid the ongoing public health crisis, a select group has set itself up for growth to the upside, …read more […]
The S&P 500 edged higher in choppy trading on Friday as some states prepared to relax curbs imposed to contain the coronavirus outbreak, but declines in Intel and Boeing weighed on the blue-chip Dow Jones.
AT&T Inc said Friday that Chief Operating Officer John Stankey will take over as chief executive officer, effective July 1.
An average of 750 workers of Fiat Chrysler Melfi assembly plant in southern Italy will be back to work next week to prepare the facility for the final development of the group’s new hybrid cars, a union representative said on Friday.
Randall Stephenson, AT&T’s current CEO, said Friday he will retire, but will serve as executive chairman of the board until January 2021. The announcement was made during AT&T’s virtual annual meeting. Stankey oversaw WarnerMedia after AT&T’s $85 billion purchase of media company Time Warner. …read more […]
VANCOUVER, Washington, Apr 24, 2020 — CytoDyn Inc. (OTC.QB: CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced today that […]
Oil prices rose on Friday, but were on course for their third straight weekly loss as production shutdowns failed to keep pace with the collapse in demand caused by the coronavirus crisis.
With the U.S. coronavirus death toll nearing 50,000, Georgia pushed ahead with its plan to become the first state to allow an array of small businesses to reopen on Friday despite the disapproval of U.S. President Donald Trump and health experts.
The U.S. Federal Reserve announced Friday that banks can now allow account holders to make an unlimited number of withdrawals and transfers from their savings accounts. The Fed said the move would help ensure people can access their funds “at a time when financial events associated with the coronavirus pandemic have made such access more urgent.” The Fed said it removed the limit because a recent policy shift had rendered it unnecessary. …read more […]
U.S. stock markets jumped at the open on Friday as some states prepared to relax curbs imposed to contain the coronavirus outbreak, with a surprise rise in orders for core U.S.-made capital goods adding to the gains.
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