Starbucks reported the third quarter fiscal results. This update also corrects FactSet’s expectations for the company. Shares of Starbucks Corp. SBUX, -2.38% It was up 5% in the extended session on Tuesday after the retailer reported a lower loss and better-than-expected sales in its fiscal third quarter. The company estimated …
Read More »Kodak’s shares triple when the company announces a pandemic plan to start manufacturing pharmaceutical ingredients.
The Trump administration’s $ 765 million loan to Eastman Kodak Co. for the launch of a business that makes pharmaceutical ingredients caused the actions of the iconic camera company to skyrocket. Kodak’s stock KODK, + 203.05% More than 200% recovered on Tuesday after the Trump administration announced the news. The …
Read More »AMD Shares Hit Record After Hitting Earnings, Raising Annual Forecast
Shares of Advanced Micro Devices Inc. headed to record highs in after-hours trading on Tuesday after the chip company reported second-quarter earnings that exceeded expectations and raised its full-year forecast despite the COVID-19 pandemic. AMD AMD, -1.97% reported second-quarter net income of $ 157 million, or 13 cents a share, …
Read More »Owners warned to stop kissing pets as latest in UK to sound alert about cat infected with coronavirus
A six-year-old Siamese cat has become the first animal in the UK to be infected with coronavirus, just weeks after the United States announced the first infection in two domestic cats in New York State. The UK Chief Veterinary Officer confirmed that the virus responsible for COVID-19 was detected in …
Read More »Bill Gates on Elon Musk’s controversial coronavirus comments: Stick to Electric Cars and Rockets
“ Elon’s position is to maintain a high level of outrageous comment, he is not heavily involved in vaccines. Makes a great electric car. And their rockets work well. Then you are allowed to say these things. I hope he doesn’t confuse areas that he’s not too involved in. ‘ …
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