July 9, 2020
“Claims for the week ended July 4 totaled 1.314 million, compared with the 1.39 million expected from economists surveyed by Dow Jones. The total marked a decrease of 99,000 from a week earlier, according to the Labor Department… Continuing claims… Continue Reading…
July 9, 2020
“U.S stocks rose on Wednesday and the Nasdaq hit a record closing high, supported by technology shares as early signs of an economic rebound… Apple Inc and Microsoft Corp provided the biggest boosts to the Dow and S&P 500, with… Continue Reading…
July 8, 2020
“Shares of Twitter jumped more than 8% in morning trading Wednesday after the company posted a job listing saying it was building a subscription platform under the code name “Gryphon.” The company revealed little about the new platform, though it said it will work… Continue Reading…
July 8, 2020
“TOP Ships Inc. (the “Company”) (NASDAQ:TOPS) announced today that it has entered into a placement agency agreement with Maxim Group LLC relating to the sale of the Company’s common shares (the “Placement Agency Agreement”). Pursuant to the Placement Agency Agreement,… Continue Reading…
July 7, 2020
“The Nasdaq Composite set new 52-week and all-time highs, touching 10,462.0 points before closing at 10,433.65, up 2.21% on the day. Similarly, a basket of SaaS and cloud companies that has risen and fallen more sharply than even the tech-heavy Nasdaq closed… Continue Reading…
July 7, 2020
“The South Korean conglomerate said on Tuesday that it expects to make an operating profit of roughly 8.1 trillion won ($6.8 billion) for the three months that ended in June. That’s up nearly 23% from the same period a year… Continue Reading…
July 3, 2020
“Two of the most classic pieces of Americana are coming together this summer: drive-in theaters and Walmart. Beginning in August, the retailer is converting 160 of its US store parking lots into drive-in movie theaters… Walmart (WMT) is partnering with Tribeca Enterprises, the Robert… Continue Reading…
July 3, 2020
“Nonfarm payrolls soared by 4.8 million in June and the unemployment rate fell to 11.1% as the U.S. continued its reopening from the coronavirus pandemic, the Labor Department said Thursday. Economists surveyed by Dow Jones had been expecting a 2.9… Continue Reading…
July 3, 2020
“The run on boats is happening across the country. Chuck Cashman, the chief revenue officer of the boat dealership MarineMax, which has 64 locations in 23 states, says sales are up in every single category. Nearly three quarters of queries… Continue Reading…
July 2, 2020
“OPEC and allied nations agreed Saturday to extend a production cut of nearly 10 million barrels of oil a day through the end of July, hoping to boost energy prices… The decision came in a unanimous vote, Energy Minister Suhail… Continue Reading…
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