Tag Archives: Coronavirus

Nike slips on Covid-related surprise loss

Text size Gross margins fell 8.20 percentage points, even with fewer discounts, due to supply chain disruptions and related costs. Timothy A. Clary / AFP via Getty Images Nike shares fell after hours as the sporting goods retailer lost a surprise in its fiscal fourth quarter amid store closings as …

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Public officials concerned about COVID-19 spike, UPMC is not

Allegheny County continued its surge in new coronavirus infections, with 45 other cases reported Wednesday. This follows Monday’s count of 45 cases, which was the highest daily total in more than a month. But UPMC, the state’s largest medical system, says it is important to have a broader view of …

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Stock Market Today: Dow, S&P Live Updates for June 26, 2020

European stocks rose as the Netherlands promised new support for airlines and the German infection rate decreased. US stock futures fell, while the dollar stabilized. Trading volumes were light at the end of a hot summer week in Europe. Air France-KLM rose after securing a bailout from the Dutch government. …

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