Thousands of local U.S. newspapers and broadcast outlets, grappling with a massive downturn in advertising because of the COVID-19 pandemic, would be eligible for financial help under legislation introduced in Congress on Wednesday.
Canadian auto parts maker Linamar Corp beat quarterly profit estimates on Wednesday, helped by a cut in capital expenditure, while also boosting its liquidity despite the COVID-19 pandemic that forced automakers to halt production.
Private equity investor Permira [PERM.UL] on Wednesday offered around 25 million shares in German software company TeamViewer, one of the banks running the sale said.
Abbott Laboratories' speedy coronavirus test, which can deliver results within minutes, could be missing a third to nearly half of positive cases, according to a study from New York University researchers published on Wednesday.
Tottenham Hotspur and England midfielder Dele Alli was robbed at knifepoint at his North London home in the early hours of Wednesday and the assailants got away with hundreds of thousands of pounds worth of valuables, British media reported.
The U.S. Senate narrowly blocked an amendment on Wednesday that would have prevented law enforcement from collecting information on Americans' internet habits without a warrant, as the Senate moved toward a reauthorization of divisive surveillance tools.
Key Energy Services Inc (KEGX) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of a loss of $1.43 per share. This compares to loss of $57.50 per share a year ago. These figures are adjusted for non-recurring items.
The chief spokesman for Mexican Foreign Minister Marcelo Ebrard has tested positive for the coronavirus and an official in the president's office has died of the disease, bringing the pandemic closer to the inner circle of government.
Cidara Therapeutics (CDTX) came out with a quarterly loss of $0.46 per share versus the Zacks Consensus Estimate of a loss of $0.34. This compares to loss of $0.60 per share a year ago. These figures are adjusted for non-recurring items.
China-linked hackers are breaking into American organizations carrying out research into COVID-19, U.S. officials said on Wednesday, warning both scientists and public health officials to be on the lookout for cyber theft.
What happened
GameStop (NYSE: GME), Foot Locker (NYSE: FL), and The Michaels Companies (NASDAQ: MIK) plunged today with only Foot Locker avoiding a 10% intraday drop, after comments from Federal Reserve Chair Jerome Powell shook the markets.
What happened
Shares of movie theater operator AMC Entertainment (NYSE: AMC) tumbled more than 10% today, after Federal Reserve Chairman Jerome Powell weighed in on the prospects for an economic recovery and promptly scared the heck out of everyone.
What happened
Shares of Dave & Buster's Entertainment (NASDAQ: PLAY), Darden Restaurants (NYSE: DRI), and Brinker International (NYSE: EAT), a group of well-known restaurant companies, plunged 8.4%, 6.3%, and 8%, respectively, on Wednesday after comments from Federal Reserve
In trading on Wednesday, shares of Appian Corp (Symbol: APPN) crossed below their 200 day moving average of $45.75, changing hands as low as $44.21 per share. Appian Corp shares are currently trading down about 5.4% on the day. The chart below shows the one year performance
Thermo Fisher Scientific (NYSE: TMO) is expanding its response to the coronavirus pandemic with a little help from some friends. The Mayo Clinic and WuXi Diagnostics will collaborate with it on the development of the Thermo Fisher Scientific OmniPath COVID-19 Total Antibody ELIS
In trading on Wednesday, shares of Editas Medicine Inc (Symbol: EDIT) crossed below their 200 day moving average of $24.78, changing hands as low as $23.51 per share. Editas Medicine Inc shares are currently trading down about 3.8% on the day. The chart below shows the one y
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