A sign hangs above an entrance to a branch of Barclays Plc Bank in the City of London, UK Bloomberg | Bloomberg | fake pictures Barclays posted a net income of £ 695 million ($ 765.64 million) for the first half of 2020, while increasing its coronavirus-related provisions. The British …
Read More »10 surprise coronavirus winners outperforming the market
CNBC’s Jim Cramer reviewed 10 stocks on Tuesday that have made surprising gains during the current economic downturn that he said would slow the market in a normal recessive environment. At the close on Tuesday, the S&P 500 has fallen 0.38% so far this year. “Entering the pandemic-induced recession, I …
Read More »Kodak shoots another 50% after Trump announces deal to make generic drug ingredients
Eastman Kodak was fired on Tuesday after President Donald Trump announced an agreement to work with the photography pioneer to produce ingredients in generic drugs in response to the coronavirus pandemic. Kodak shares soared over 60% in extended trading. The shares tripled during Tuesday’s regular exchange for its best day …
Read More »Private investment firm Redbird Capital announces plans to go public with a new sports company
Gerry Cardinale, CEO of Redbird Capital Partners LLC, sits down for a photograph in New York. Griselda San Martin | Bloomberg via Getty Images Private investment firm RedBird Capital Partners has announced that it has filed an application with the Securities and Exchange Commission as it seeks to go public …
Read More »Starbucks (SBUX) third quarter 2020 earnings
People wear protective face masks outside of Starbucks in downtown as the city moves to Phase 2 of reopening after restrictions imposed to curb the coronavirus pandemic on June 23, 2020 in New York City. Noam Galai | fake pictures Starbucks suffered losses during its fiscal third quarter, as its …
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