Merck on Tuesday posted a 10.4% rise in first-quarter profit, helped by strong sales of cancer therapy Keytruda, but the drugmaker lowered its 2020 profit forecast due to uncertainty from the Covid-19 pandemic.
It estimates it can potentially produce "millions" of coronavirus vaccine doses by the end of this year and "hundreds of millions of doses" in 2021 if the vaccine is successful.
Credit card issuer American Express posted a 76% drop in first-quarter profit on Friday, as it set aside $2.6 billion to cover potential losses stemming from the coronavirus outbreak.
Domino's Pizza withdrew its two- to three-year outlook, citing the uncertainty surrounding the economy and Domino's operations due to the coronavirus pandemic.
85 million households watched a least two minutes of Netflix original movie "Spenser Confidential." 65 million households checked out Spanish language series "La Casa de Papel," also known as "Money Heist." 64 million people watched "Tiger King."
AT&T's first-quarter revenue fell short of Wall Street expectations and the company pulled its annual forecast on Wednesday, as the impact of the coronavirus outbreak overshadowed a strong growth in monthly phone subscribers.
Chipotle responded to the Covid-19 outbreak by increasing hourly employee pay by 10% and handing out first-quarter bonuses, despite weaker sales in March.
Strong demand for J.M. Smucker's Jif peanut butter and other packaged foods helped the company raise its annual sales and profit forecast on Monday, as shoppers stocked up to weather lockdowns due to the coronavirus pandemic.
Lockheed Martin reported a better-than-expected quarterly profit on Tuesday, helped by higher sales in its aeronautics business that makes the F-35 fighter jets, but lowered its 2020 sales outlook due to coronavirus-led supply chain delays.
Leading fracking firm Halliburton reported a $1 billion first-quarter loss and $1.1 billion in impairment charges as it gave a bleak outlook for North American oilfields after the coronavirus-driven oil price decline.