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LongHorn Steakhouse Parent Darden Restaurants Announces Public Offering of 7.8 Million Shares
Darden Restaurants (NYSE: DRI), the parent company of Olive Garden and LongHorn Steakhouse, said today it is making a public offering of common stock, amounting to 7,826,087 shares. The firms
Why IBM Stock Dropped 6% Today
Shares of IBM (NYSE: IBM) are down big-time Tuesday -- 6% as of 11:15 a.m. EDT. And for a change, this is not (just) a coronavirus story.
It's an earnings story.
Image source: Getty Images.
FTC Looks to Unwind Altria's $12.8 Billion JUUL Investment
Altria (NYSE: MO) faces the prospect of unwinding its $12.8 billion investment in leading electronic cigarette manufacturer JUUL Labs if the Federal Trade Commission successfully advances its case
AT&T's HBO Max to Launch Following Memorial Day Weekend
AT&T's (NYSE: T) HBO Max streaming service will make its U.S. debut on May 27, the Wednesday after Memorial Day weekend.
The new streaming service, which will compete with the likes of Netflix
Why Beyond Meat Stock Popped 14% Tuesday Morning
Shares of Beyond Meat (NASDAQ: BYND), a producer of plant-based substitutes for burgers, sausage, ground beef, and chicken, were bucking the broader market declines Tuesday morning, and were up 14%
Hertz Announces 10,000 Layoffs Due to COVID-19
Car rental companies Avis Budget Group (NASDAQ: CAR) and Hertz (NYSE: HTZ) both announced they would begin laying off workers last month in response to the growing COVID-19 pandemic. With confirmed
The Coronavirus May Not Be the Windfall Netflix Investors Think
Various usage reports in recent weeks suggest Netflix (NASDAQ: NFLX) is emerging as one of the big winners in the stay-at-home economy that's resulted from the stay-at-home efforts related to the
Zions Bancorp Stock Ticks Up Despite Earnings, Revenue Misses
In line with other American banks this earnings season, Zions Bancorp (NASDAQ: ZION) unveiled first-quarter results that came in under expectations.
The Utah-based lender booked total revenue of
TriState Capital Holdings Inc (TSC) Q1 2020 Earnings Call Transcript
Image source: The Motley Fool.
TriState Capital Holdings Inc (NASDAQ: TSC)Q1 2020 Earnings CallApr 21, 2020, 8:30 a.m. ET
Operator
Source Fool.com
Triumph Bancorp Inc (TBK) Q1 2020 Earnings Call Transcript
Image source: The Motley Fool.
Triumph Bancorp Inc (NASDAQ: TBK)Q1 2020 Earnings CallApr 21, 2020, 8:00 a.m. ET
Operator
Source Fool.com
Tapestry to Lay Off 2,100 Workers; CEO Salary Cut in Half
The retail industry as a whole is struggling with the economic slowdown caused by the SARS-CoV-2 coronavirus outbreak. A bellwether company in the luxury segment, Tapestry (NYSE: TPR), on Monday
Daimler and Volvo Trucks Team Up on Fuel Cells for Electric Buses and Tractor-Trailers
Daimler (OTC: DMLRY) and Swedish truck-maker Volvo (OTC: VOLVY) have agreed to form a joint venture to produce and sell hydrogen fuel cell systems for heavy-duty trucks and other large vehicles, as
The Trump Administration to Craft a Rescue Plan for the U.S. Oil and Gas Industry
President Trump has instructed the Secretaries of Energy and the Treasury to work together and formulate a plan to save the U.S. oil and gas industry, according to a tweet earlier today. He wants to
Travelers Suffers Earnings Drop From Spike in Catastrophic Losses
The Travelers Cos. (NYSE: TRV) saw earnings fall in the first quarter due in part to higher catastrophic losses.
The Hartford, Conn.-based insurer missed earnings estimates with $600 million in net
The 1 Word Every Energy Investor Needs to Understand Right Now
The investment world is going through tumultuous times right now, and nowhere are conditions more difficult than in the energy industry. Falling demand for oil due to the coronavirus pandemic began
Why Carnival Corporation, Royal Caribbean, and Expedia Stocks Slipped Yesterday
Oil prices went absolutely bonkers yesterday, with prices of WTI crude oil due for delivery in May closing in negative territory: negative $18.15 per barrel, according to OilPrice.com.
Stock
Could CVS Health Be a Millionaire-Maker Stock?
The coronavirus pandemic thrust the entire healthcare system under a microscope. Now, daily news reports and conversations center around the number of hospital beds and ventilators, diagnostic
Northern Trust Beats Profit Growth Expectations in Q1
Northern Trust (NASDAQ: NTRS) delivered its first-quarter results on Tuesday, reporting growth of 3.9% in net income year over year, a result that beat analysts' expectations.
Net income for the
Delta CFO to Forgo Retirement to Guide Airline Through Pandemic
Delta Air Lines (NYSE: DAL) said Tuesday that its chief financial officer Paul Jacobson, who in February announced plans to retire, will instead stay on to help the airline navigate through the
Can Apple Stock Reach $500?
With the coronavirus likely to create a global recession, it may be hard to imagine Apple (NASDAQ: AAPL) shares soaring to $500, or over 75% higher than yesterday's close. But that's where Evercore
Should You Accept a New Job During the COVID-19 Crisis?
At a time when so many businesses are struggling financially, getting a job offer may seem unlikely during the COVID-19 crisis. But what if you were already in talks with a company before the
Mutual Funds' Last Stand: Non-Transparent ETFs
The rise of exchange-traded funds has been fast and furious, starting from scratch 30 years ago and rising to command almost $5 trillion in assets. Now, ETFs pose a major threat to traditional
Nintendo Want's Suppliers to Increase Switch Production Amid Surging Demand
Nintendo (OTC: NTDOY) has been urging its Switch suppliers to boost production as it deals with a surge in demand brought on by the COVID-19 pandemic.
Nintendo revised its forecast and now wants
Pentagon to Lobby Mexico to Reopen Factories Critical to U.S. Defense Companies
A top Pentagon official on Monday urged Mexico to reopen certain manufacturing facilities that supply U.S. defense contractors, highlighting the international nature of the industry's complex supply
Why Didn't U.S. Oil Fund Go Negative on Monday?
Investors like having the flexibility to track just about any benchmark they want. The rise of the $5 trillion exchange-traded fund industry has made it dramatically easier for investors seeking


