losses

Verizon Withdraws Revenue Outlook Amid Loss Of Sales, Subscribers

Verizon Withdraws Revenue Outlook Amid Loss Of Sales, Subscribers
Verizon Withdraws Revenue Outlook Amid Loss Of Sales, Subscribers
April 24, 2020  |  Retail

Verizon Communications Inc. said that as most of its stores shuttered following the COVID-19 lockdown, more than 500,000 retail postpaid net losses has led the...

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Coronavirus Triggers First-Ever GDP Decline In China
Coronavirus Triggers First-Ever GDP Decline In China
April 17, 2020  |  Economy

China’s economy is going through its worst three-month period in decades and will record its first-ever GDP loss — 6.8 percent in the first quarter...

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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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