Shares of Coca-Cola Inc. KO, -1.49% It rose 1.8% in premarket trading on Tuesday, after the beverage and snack giant reported a second-quarter profit that exceeded expectations, but revenue fell a bit shy, amid the resulting challenges of the coronavirus pandemic. Net income fell to $ 1.78 billion, or 41 …
Read More »Oil gains, with prices holding above $ 40 after positive results from coronavirus vaccine test
Oil finished higher on Monday, with prices staying above $ 40 a barrel as positive test results for a coronavirus vaccine helped offset concerns about energy demand linked to the surge in global cases of COVID-19 above 14.5 million. Risk appetite received a boost “following news that a coronavirus vaccine …
Read More »Asian markets win on vaccine hopes, Wall Street tech rally
The Asian actions were mostly on Tuesday due to rising hopes of an effective vaccine to combat the coronavirus pandemic. Scientists at Oxford University reported that their experimental coronavirus vaccine elicited a protective immune response in hundreds of people who received the vaccine in an early trial. Other projects are …
Read More »The proportion of Americans who default on their mortgage payments falls to the lowest level in two months.
Fewer Americans now have agreements with their mortgage servicers to skip their monthly payments. Getty Images / iStockphoto Fewer than 4 million homeowners in the US skip their mortgage payments, according to new estimates by the Mortgage Bankers Association released Monday. The business group reported that only 7.8% of mortgage …
Read More »Walmart partners with Yahoo Mail for online grocery program
Walmart Inc. WMT, -0.20% and Yahoo Mail have partnered for an online grocery program that will allow customers to fill their Walmart shopping cart directly from their email. “Groceries from Walmart” is out now on the Yahoo Mail iOS app and website, and will be available on Android later this …
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