Q2

Starbucks To Landlords: Give Us A Break On Rent
Starbucks To Landlords: Give Us A Break On Rent
May 14, 2020  |  Economy

Estimating a loss of $915 million in the second quarter, Starbucks is asking landlords of all of its stores to pardon it for at least...

READ MORE >
Closed Theme Parks Sink Disney Earnings; Q3 Could Be Worse
Closed Theme Parks Sink Disney Earnings; Q3 Could Be Worse
May 05, 2020  |  Earnings

The COVID-19 pandemic hit Disney hard for the first three months of 2020, with overall revenue down $1.4 billion largely stemming from its ravaged theme...

READ MORE >
US Treasury Eyes Borrowing Almost $3 Trillion In Second Quarter
US Treasury Eyes Borrowing Almost $3 Trillion In Second Quarter
May 04, 2020  |  Debt

To fight the coronavirus pandemic, the U.S. government said it is planning to borrow $2.99 trillion in the second quarter this year, a record number,...

READ MORE >
Top Trump Advisor Larry Kudlow: Q2 Will Be Even Worse
Top Trump Advisor Larry Kudlow: Q2 Will Be Even Worse
May 01, 2020  |  Economy

National Economic Council Director Larry Kudlow said he expects the impact of the coronavirus pandemic will bring even more economic pain through June. “The second...

READ MORE >
Amazon Expects To Expend All Of Q2’s Profit Fighting COVID-19
Amazon Expects To Expend All Of Q2’s Profit Fighting COVID-19
May 01, 2020  |  Amazon

While Amazon earnings announcements over the years have become somewhat well known for their “expect the unexpected” atmosphere, yesterday’s earnings surprise was a big one. ...

READ MORE >
Apple Earnings Transcend Pandemic Economics
Apple Earnings Transcend Pandemic Economics
April 30, 2020  |  Earnings

For a company that doesn’t have a retail location open outside of China or South Korea because of the coronavirus pandemic, Apple acquitted itself nicely...

READ MORE >
Amazon To Use Expected $4B In Q2 Profits On COVID-19 Expenses
Amazon To Use Expected $4B In Q2 Profits On COVID-19 Expenses
April 30, 2020  |  Coronavirus

Amazon.com Inc. said it expects to spend its anticipated $4 billion second-quarter profits on coronavirus-related expenses, according to the company’s filing with the Securities and Exchange Commission...

READ MORE >
Report: Smartphone Production Expected To Hit Record Low In Q2
Report: Smartphone Production Expected To Hit Record Low In Q2
April 30, 2020  |  Coronavirus

A revised forecast of smartphone production predicts volume will shrink to a record low in the second quarter as the spread of the coronavirus continues...

READ MORE >
Starbucks Forecasts A Phased But Full Reopening Of Stores By June
Starbucks Forecasts A Phased But Full Reopening Of Stores By June
April 28, 2020  |  Earnings

The year 2020 started strong for Starbucks, CEO Kevin Johnson noted in his call with investors after the firm’s second-quarter earnings hit the wires Tuesday...

READ MORE >