(RTTNews) - Tiffany & Co. (TIF) said, on June 8, as a precautionary measure in order to maintain flexibility with respect to its liquidity sources and provide additional financial maintenance covenant headroom, it entered into amendments to its credit facility, the guaranty
Gauging the market impact of Italian shipyard Fincantieri's bid for France's Chantiers de l'Atlantique is proving difficult and is likely to take some time, the European Union's antitrust chief Margrethe Vestager said on Tuesday.
(RTTNews) - German stocks fell sharply on Tuesday after the World Bank warned the risk from a more protracted pandemic and the World Health Organization cautioned that this is not the time for any country to take its foot off the pedal.
(RTTNews) - Asian stocks turned in a mixed performance on Tuesday as investors exercised caution after recent strong gains on hopes for a quick economic recovery from the coronavirus-induced downturn.
South African retailer Steinhoff on Tuesday warned of a "material" hit to revenue in 2020 and said its planned disposal of home furnishings chain Conforama Iberia had lapsed due to the coronavirus crisis.
(RTTNews) - Cathay Pacific Airways (CPCAF.OB, CPCAY.PK) announced a three-part recapitalisation plan, to provide the company with sufficient funds to withstand the industry-wide downturn. Under Tranche A of the plan: Cathay Pacific will issue HK$19.5 billion in preference shares
(RTTNews) - The Financial Reporting Council or FRC announced the closure of its investigation into accountants working within Tesco PLC. The investigation was related to the company's overstatement of profit of approximately 250 million pounds as announced in September 2014. FRC
(RTTNews) - European stocks look set to open a tad higher on Tuesday after a torrid rally in
U.S. stocks on hopes of a relatively quick economic recovery pushed the S&P 500 into the green for the year overnight.
(RTTNews) - The Hong Kong stock market has finished higher in six straight sessions, rising more than 1,780 points or 7.6 percent along the way. The Hang Seng Index now sits just above the 24,775-point plateau and it's predicted to open higher again on Tuesday.
(RTTNews) - The Australian stock market, which resumed trading after a holiday on Monday, is notably higher on Tuesday as the market played catch up with the recent strong gains on Wall Street and other Asian markets amid continued optimism about a quick economic recovery from t
(RTTNews) - The China stock market has finished higher in back-to-back trading days, accumulating almost 20 points or 0.6 percent along the way. The Shanghai Composite Index now rests just above the 2,935-point plateau and it's may extend its gains on Tuesday.
What happened
Shares of Luckin Coffee (NASDAQ: LK) fell nearly 13% on Monday following reports that its chairman and largest shareholder could face criminal charges.
Urstadt Biddle Properties (UBA) came out with quarterly funds from operations (FFO) of $0.27 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to FFO of $0.35 per share a year ago. These figures are adjusted for non-recurring items.
Casey's General Stores (CASY) came out with quarterly earnings of $1.67 per share, missing the Zacks Consensus Estimate of $1.97 per share. This compares to earnings of $0.68 per share a year ago. These figures are adjusted for non-recurring items.
In trading on Monday, shares of United Parcel Service Inc (Symbol: UPS) crossed above their 200 day moving average of $108.98, changing hands as high as $110.21 per share. United Parcel Service Inc shares are currently trading up about 3.1% on the day. The chart below shows
In trading on Monday, shares of Fluor Corp. (Symbol: FLR) crossed above their 200 day moving average of $15.04, changing hands as high as $15.22 per share. Fluor Corp. shares are currently trading up about 6% on the day. The chart below shows the one year performance of FLR
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