Apple’s decision to split its shares was made to help make investors more accessible, CNBC’s Jim Cramer said Friday, referring to a conversation he had with its CEO, Tim Cook. “I think Apple is making the right decision. Tim said to me last night, ‘Hey, I want more people in …
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Fuel prices are displayed at an Exxon Mobil Corp. service station in Arlington, Virginia, USA, on Wednesday April 29, 2020. Andrew Harrer | Bloomberg | fake pictures Exxon said Friday that it lost $ 1.1 billion in the second quarter amid “global oversupply and COVID-related demand impacts.” It was the …
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The products are on display at an Under Armor store in New York City, November 4, 2019. Brendan McDermid | Reuters Under Armor said Friday that its fiscal second-quarter revenue fell 41%, but overall its results were better than the retailer expected thanks to an e-commerce boost. The shoe maker …
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Chevron reported a loss of $ 8.3 billion in the second quarter, as the coronavirus pandemic “significantly reduced demand.” Amid a historic drop in oil prices, the company’s average price per barrel of oil and natural gas liquids fell more than 60% year-over-year. The oil giant lost $ 1.59 a …
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Caterpillar Inc. excavators are on display for sale at the Whayne Supply Co. dealership in Louisville, Kentucky, USA on Monday, January 27, 2020. Luke Sharrett | Bloomberg | fake pictures Industrial machinery manufacturer Caterpillar said Friday that lower costs and priority spending helped it offset a $ 1.4 billion decrease …
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