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FDA Relaxes Rules on Hand Sanitizer Producers Amid the Coronavirus Pandemic
With hand sanitizer flying off the shelves faster than it can be stocked at CVS Health (NYSE: CVS), Walgreens (NASDAQ: WBA), Rite Aid (NYSE: RAD), and other retailers, the Food and Drug
Kraft Heinz Factories Are Working Overtime to Meet Spiking Demand
Kraft Heinz (NASDAQ: KHC) is ramping up production hours as consumers stock up on food supplies to last through the COVID-19 pandemic. CEO Miguel Patricio said in an interview on CNBC that the
Altria Group CEO Contracts Coronavirus; CFO Named Interim Chief
In a regulatory filing submitted early Friday morning, Altria Group (NYSE: MO) revealed that CEO Howard Willard has contracted the COVID-19 virus. It was not immediately clear whether the tobacco
Alzheimer's Disease Drug Trial Concludes Early Due to COVID-19 Concerns
The pharmaceutical industry has been moving fast to respond to the coronavirus pandemic -- but not all companies have been adjusting in the same ways.
For Axsome Therapeutics (NASDAQ: AXSM)
I'm Declaring Amazon the Winner of 2020's COVID-19 Contagion
It's difficult to believe right now, but there will come a time when the novel coronavirus nightmare is nothing but a fading memory. People will go back to their actual workplaces. Consumers will
Why Shopify and MercadoLibre Stock Took Off Today and eBay Plunged
It's been a long time coming, but today at long last, it looks like (some) stocks may have stopped moving en masse -- rushing first to one side of the ship all together, then when it looks likely to
Why Designer Brands' Shares Are Falling Today
Shares of Designer Brands (NYSE: DBI) were down on Friday, after two analysts lowered price targets for the stock following a dividend cut earlier this week.
As of 2 p.m. EDT, Designer Brands'
Bloomin’ Brands Suspends Dividends to Increase Cash, Takes a Stock Market Hit
The owner of the Outback Steakhouse and Carrabba's Italian Grill casual dining brands, Bloomin' Brands (NASDAQ: BLMN), announced the suspension of its quarterly dividend today, at least for the
National Retail Federation Seeks Clarification on 'Essential Businesses'
As more states move to issue shelter-in-place orders that allow only "essential businesses" to remain open, the National Retail Federation (NRF) has written a letter to President Trump asking for
Hibbett Sports Inc (HIBB) Q4 2020 Earnings Call Transcript
Image source: The Motley Fool.
Hibbett Sports Inc (NASDAQ: HIBB)Q4 2020 Earnings CallMar 20, 2020, 10:00 a.m. ET
Operator
Source Fool.com
Google Cuts Price of Stadia Cloud Gaming Service
California has issued a statewide order to its 40 million residents to stay at home for the duration of the coronavirus crisis. Nevada has instructed "non-essential" businesses to close for 30 days
Why Energy Stocks Are Bouncing Back Today
Oil prices have endured historic volatility this month. They've suffered two of their worst plunges on record, including nosediving to their lowest level since 2002 a few days ago. Meanwhile, crude
'Onward' Jumps to Digital Downloads Today, Disney+ in 2 Weeks
The novel coronavirus keeps collapsing Hollywood's release windows. The latest example comes from Walt Disney (NYSE: DIS) releasing the Pixar feature Onward for digital download today, even though
IBM Supercomputer Is Leading the Fight Against Coronavirus
International Business Machines (NYSE: IBM) is taking the fight to COVID-19.
The company has deployed Summit, considered to be "the world's most powerful and smartest scientific supercomputer," to
Why Shares of Nordstrom Were Sinking on Friday
Shares of Nordstrom (NYSE: JWN) were down on Friday afternoon after new restrictions to limit the spread of the novel coronavirus raised questions about the company's ability to continue operating
BRP Inc (DOOO) Q4 2020 Earnings Call Transcript
Image source: The Motley Fool.
BRP Inc (NASDAQ: DOOO)Q4 2020 Earnings CallMar 20, 2020, 9:00 a.m. ET
Operator
Source Fool.com
How Shutdown Is Impacting Disney
In this episode, Nick Sciple and Motley Fool contributor Rick Munarriz take a deep dive into Disney (NYSE: DIS). They provide a breakdown of various Disney businesses and how the shutdown has
Canada to Spend $10 Billion to Bail Out its Oil Industry
A major Canadian crude oil benchmark fell sharply on March 19. Western Canadian Select lost half of its already severely depressed price to close at $5.43 per barrel. That massive drop made it, at
Starbucks Remains Committed to Share Buybacks
Starbucks (NASDAQ: SBUX) plans to repurchase up to 40 million shares of the company's stock. That number does not include 16 million shares its board of directors had already authorized the coffee
Why Chipotle Stock Jumped Again Today
Shares of Chipotle Mexican Grill (NYSE: CMG) were climbing today for the second day in a row, as the market seemed to rebalance after investors bought back consumer discretionary names -- including
Quick-Service Restaurants See an 11% Traffic Boost From Coronavirus
While the coronavirus pandemic has made the revenues of many dine-in restaurants drop like a rock, new research suggests quick-service restaurants (QSRs), otherwise known as fast-food restaurants
The Tax-Filing Deadline Has Been Extended as Well
Earlier in the week, Treasury Secretary Steven Mnuchin announced that the deadline for paying 2019 tax bills was being pushed back three months to July 15. Today, he announced that taxpayers are
Amazon Joins Netflix, YouTube in Slowing Down Streaming Speeds
Amazon (NASDAQ: AMZN) is joining Netflix (NASDAQ: NFLX) and Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) YouTube in slowing down the speed of streaming in Europe amid huge demand.
Millions of people
Why Work-From-Home Stocks Popped Today
Okta (NASDAQ: OKTA), Upwork (NASDAQ: UPWK), and Zoom Video Communications (NASDAQ: ZM) stocks were all off to the races this morning, jumping 9% and 10% before beginning to retrace their steps. As