covid19

Starbucks Reports Earnings Amidst COVID-19 Pandemic

Starbucks Reports Earnings Amidst COVID-19 Pandemic

Starbucks Corporation (NASDAQ: SBUX) reported financial results for its 13-week fiscal second quarter ended March 29, 2020. The retailer of specialty coffee worldwide reported global comparable store sales declined 10%, driven by a 13% decrease in c..

Abbott Receives Health Canada Authorization to Use FreeStyle® Libre System During Pandemic

Abbott Receives Health Canada Authorization to Use FreeStyle® Libre System During Pandemic

Abbott Laboratories (NYSE: ABT) announced Monday that Health Canada authorized use of FreeStyle Libre system, a sensor-based glucose monitoring technology, in hospital setting during the COVID-19 pandemic. Monitoring devices are useful in that ..

Domino's Pizza Shares Fall After Earnings

Domino's Pizza Shares Fall After Earnings

Domino's Pizza, Inc. (NYSE: DPZ) shares fell more than 5% Thursday morning, after the Company announced first quarter 2020 financial results. According to the report Domino’s global retail sales increased 4.4% in the first quarter, or 5.9%..

Snap Reports First Quarter 2020 Financial Results

Snap Reports First Quarter 2020 Financial Results

Snap Inc. (NYSE: SNAP) announced Tuesday financial results for the quarter ended March 31, 2020. The Company indicates that revenue increased 44% to $462 million in Q1 2020, compared to the prior year. And net loss improved $4 million to $(306) mill..

Ally Financial Announces Earnings for First Quarter of the Year

Ally Financial Announces Earnings for First Quarter of the Year

Ally Financial Inc. (NYSE: ALLY) reported Monday morning its first quarter 2020 financial results. According to the report, the digital financial services provider recorded a total net revenue of $1.41 billion, down 12% year over year (YoY). And adj..

Amazon Stops Acceptance of New Online Grocery Customers due to High Demand

Amazon Stops Acceptance of New Online Grocery Customers due to High Demand

Amazon.com, Inc. (NASDAQ: AMZN) will put new grocery delivery customers on a waiting list and reduce store hours to prioritize orders from existing customers that purchase groceries online during the COVID-19 pandemic. Online grocery orders have bee..

Apple and Google Announced Partnership on Contact Tracing Technology for COVID-19 Pandemic

Apple and Google Announced Partnership on Contact Tracing Technology for COVID-19 Pandemic

Alphabet Inc. (NASDAQ: GOOGL) announced a joint effort to enable the use of Bluetooth technology to help governments and health agencies reduce the spread of the virus, with user privacy and security central to the design.According to a blogpos..