April 14, 2021
“The IRS plans to begin sending monthly payments from the new $3,000 child tax credit in July, Commissioner Charles Rettig said Tuesday during a hearing with the Senate Finance Committee. The new and significantly expanded child tax credit was included in the $1.9 trillion… Continue Reading…
January 1, 2021
“Square Inc (NYSE: SQ) on Thursday said the Bitcoin revenue for its Cash App rose 1100% in the third quarter, compared to the same period a year earlier. What Happened: The company’s Cash App Bitcoin revenue touched $1.63 billion. The revenue from the… Continue Reading…
October 28, 2020
“JetBlue Airways, a major American low-cost airline, reported that its revenue slumped 76% year-over-year… The passenger carrier company reported a net loss of $393 million or $1.44 in the third quarter of 2020, worst compared to a $187 million profit… Continue Reading…
October 22, 2020
“Coca-Cola on Thursday reported that its third-quarter revenue fell 9% as the coronavirus pandemic weighed on demand for fountain soft drinks, Powerade and Dasani. But the company topped earnings estimates, sending shares up 3% in premarket trading. Here’s what the company reported for… Continue Reading…
October 18, 2020
“The bank said Thursday in a release that profit jumped 25% from a year earlier to $2.72 billion, or $1.66 per share, exceeding the $1.28 estimate of analysts surveyed by Refinitiv. It generated revenue of $11.7 billion, 16% higher than a year… Continue Reading…
October 8, 2020
“JPMorgan is cautious on the airline industry and reducing its forecasts on the basis of conservative demand. The Airline Analyst: Jamie Baker upgraded JetBlue Airways (NASDAQ: JBLU) from Underweight to Overweight with a $17 price target. Baker upgrades United Airlines (NASDAQ: UAL) from Neutral to Overweight and raised… Continue Reading…
July 28, 2020
“Shares of the company fell nearly 2% in early trading Tuesday. Still, McDonald’s said it expects to accelerate U.S. restaurant closures this year and permanently shutter about 200 locations. More than half of those are lower sales volume locations inside Walmart stores. The… Continue Reading…
July 23, 2020
“Twitter (TWTR) is actively exploring additional ways to make money from its users, including by considering a subscription model, CEO Jack Dorsey said Thursday. The move comes as Twitter suffers a sharp decline in its core advertising business. “You will likely see… Continue Reading…
April 13, 2020
“Ford Motor shares dropped about 5% after the automaker warned that the coronavirus has significantly impacted its first-quarter performance, including a 15.7% drop in revenue…” https://www.cnbc.com/2020/04/13/ford-shares-fall-on-first-quarter-revenue-warning.html
March 5, 2020
“Airlines could lose $63 billion to $113 billion in revenue for passenger traffic globally in 2020, depending on how the coronavirus spreads, International Air Transport Association (IATA) said on Thursday. The last time the industry faced a revenue shock of… Continue Reading…
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