losses

Uber Expects Revenue Plunge As It Retracts 2020 Guidance 
Uber Expects Revenue Plunge As It Retracts 2020 Guidance 
April 17, 2020  |  Ridesharing

The ongoing coronavirus pandemic has caused Uber to withdraw its 2020 guidance as it anticipates a $1.9-$2.2 billion impairment charge and $17-22 million in first-quarter...

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Banks’ $25B Loan Reserves Show Grim Expectations For Economic Road Ahead
Banks’ $25B Loan Reserves Show Grim Expectations For Economic Road Ahead
April 16, 2020  |  Economy

Against a backdrop where Labor Department data showed 5.2 million additional Americans filed for unemployment, it may make sense that banks’ outlooks for the future...

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Innovating To Capture Value, While Stemming Losses 
Innovating To Capture Value, While Stemming Losses 
March 04, 2020  |  Today In Data

There are all kinds of ways for a business to directly lose money, and even more ways to simply fail to save it. Among direct...

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Coronavirus Decimates US Stock Market $1.7T In 48 Hours
Coronavirus Decimates US Stock Market $1.7T In 48 Hours
February 26, 2020  |  Investments

The U.S. stock market is spiraling downward, with the S&P 500 losing $1.737 trillion during a massive sell-off prompted by mounting fears over the coronavirus, according...

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Forty Percent Of US-Listed Companies Report Losses
Forty Percent Of US-Listed Companies Report Losses
January 10, 2020  |  Investments

The share of listed companies in the U.S. that are losing money is nearing 40 percent, which is the highest level since the 90s outside...

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Bed Bath & Beyond’s Shares Plummet On Q3 Earnings Miss
Bed Bath & Beyond’s Shares Plummet On Q3 Earnings Miss
January 10, 2020  |  Retail

After Bed Bath & Beyond Inc. pulled its year forecast following its missed Q3 estimates, the home goods retailer’s stock fell to its lowest intraday...

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JCPenney’s CEO Has Tough Road Ahead
JCPenney’s CEO Has Tough Road Ahead
December 27, 2019  |  Retail

In the coming year, the relatively new CEO of JCPenney, Jill Soltau, has much work ahead of her. Soltau has to stop a stretch of...

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Kohl’s Sees Digital Sales Growth, Amazon Returns Traffic In Q3
Kohl’s Sees Digital Sales Growth, Amazon Returns Traffic In Q3
November 19, 2019  |  Earnings

Even with digital sales growth and the Amazon returns program in stores across the country, Kohl’s Corporation posted third-quarter results that fell short of analysts’...

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Postmates CEO Says Grubhub Stock Plunge Doesn’t Reflect Wider Industry
Postmates CEO Says Grubhub Stock Plunge Doesn’t Reflect Wider Industry
November 07, 2019  |  Retail

Following Grubhub’s earnings report and stock plunge, the chief executive of a competing service said Grubhub’s results do not reflect the potential of the wider...

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