Walt Disney Co. (DIS) – Get report Shares fell Thursday after the company said it would delay the reopening of its hotels and theme parks in the state of California amid a further surge in coronavirus infections. Disney said it will release a new reopening calendar early next month after …
Read More »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. …
Read More »Wall Street ends choppy session as strength in banks compensates for virus problems
New York (Reuters) – Major Wall Street indexes closed higher on choppy trading on Thursday, with bank stocks rising above the results of annual stress tests and helping to offset investor concern over alarming expectations. increases in new cases of coronavirus. The recently battered S&P 500 subindex led the session …
Read More »Rite Aid could have more benefits despite huge concentration of earnings
As the stock market rotates between positive and negative territory, Rite Aid (RAD) – Get report the shares were firmly in the green. The stock rose 20% on Thursday after its quarterly results. Rite Aid is reaching its highest price since the end of April, and at one point rose …
Read More »Wirecard filed for insolvency after a devastating scandal in which $ 2 billion went missing and its former CEO was arrested.
CHRISTOF STACHE / Getty Wirecard, a valuable German financial technology firm, filed for bankruptcy on Thursday as it battles a major accounting scandal. According to auditors, more than $ 2 billion disappeared from the company’s balance sheet, and Wirecard later admitted that the money never existed. In a statement Thursday, …
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