Dow climbs 456 points as oil stabilizes and small business funding nears
The relief package, aimed at replenishing funds for small businesses, is expected to pass a House vote on Thursday.
Coronavirus run on toilet paper fuels Kimberly-Clark sales boom
Kimberly-Clark makes several pulp-based products, such as Scott and Cottonelle toilet paper, Kleenex facial tissue and Kotex feminine hygiene products, a majority of which were in high demand as consumers stocked up before the lockdowns.
Delta Air Lines loses $607M as coronavirus zaps travel
Delta Air Lines lost 84 cents a share in the first quarter as revenue fell 18 percent from a year ago to $8.6 billion.
Netflix subscriber base surges as coronavirus keeps viewers indoors
The streaming giant reported 15.7 million global net paid subscriber additions.
Dow tumbles 631 points as oil selloff deepens
The epic selloff in oil is weighing on majors Exxon Mobil and Chevron both among the Dow's worst performers.
Coca-Cola sales slide as coronavirus bites restaurant revenue
Coca-Cola said its sales volume has fallen about 25% globally since the beginning of April, led by a decline in the company’s away-from-home channels, which represent about half of its revenue.
Lockheed Martin mitigates coronavirus impact, keeps 2020 guidance
The defense sector has continued to operate through coronavirus-driven shelter-in-place restrictions, deemed an essential sector.
Stocks tank as oil falls below zero for first time ever
The historic drop in crude infected US equities which fell in tandem.
Coronavirus to bite earnings, tip stocks into correction
A difficult earnings season could tip the S&P 500 into a correction.
Halliburton books $1.1B charge as oil crash whacks spending
Halliburton reported a $1 billion loss in the first quarter and warned of bleak conditions in the year ahead.
Dow spikes 700 points as stocks notch second straight week of gains
Investor optimism is on the rise for US equities as coronavirus cases stabilize.
Ford expects $2B quarterly loss after coronavirus fallout
The automaker earlier this week said it sees first-quarter revenue of about $34 billion and adjusted losses before interest and taxes of $600 million as it seeks to conserve cash.
P&G beats profit estimates as shoppers hoard toilet rolls, detergent
Many of the company's products, including Bounty paper towels, Charmin toilet paper, Pampers diapers and Tampax tampons, have been in demand across U.S. supermarkets in the past few weeks.
Oil services provider Schlumberger rocked by 'double black swan'
The Houston-based oil services provider lost $5.32 a share as revenue fell 5 percent year-over-year to $7.5 billion.
Stocks rise as Trump prepares reopening of America details
The Labor Department reported Initial jobless claims totaling 5.25 million for the week through April 11.
Morgan Stanley warns of more pain ahead as coronavirus bites profits
In January, just before the virus started spreading around the world, Morgan Stanley boosted its performance targets and set new goals for cost-cutting.
Abbott Labs posts 16% profit drop amid coronavairus, suspends forecast
Abbott Laboratories reported earnings of 31 cents a share on net revenue of $7.73 billion.
Morgan Stanley profit sinks 30% under coronavirus pressure
Morgan Stanley is the smallest of the six major U.S. banks with few true peers in the bunch, which has left some investors unsure how it will fare in a coronavirus downturn.
Stocks slide as coronavirus slams US economy with historic declines in retail sales, manufacturing
Retail sales fell 8.7 percent and the Empire State Manufacturing Survey hit a record low.
Citi profit slides as coronavirus forces $5B increase in loan reserves
The lender, the most global of the U.S. banks, said net income fell to $2.52 billion, or $1.05 per share, in the first quarter.


















