DoorDash delivers 86% gain in stock market debut
DoorDash shares soared in its initial public offering Wednesday, capping a year of explosive growth for the food delivery company.
Dec 9, 2020
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Business
Page 14 - News tagged with second quarter
Business
Pandemic hits Disney revenue, but streaming TV sees gains
Walt Disney Co. on Thursday reported a hefty loss in the just-ended quarter as the global pandemic hit its theme parks and cinema operations, but shares rose on gains in its new streaming television service.
Nov 13, 2020
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Automotive
Nissan trims losses in Q2, upgrades forecasts
Crisis-hit Japanese automaker Nissan said Thursday it trimmed net loss in the second quarter, though it remained in the red, and upgraded its full-year forecasts as the global auto industry showed signs of recovery from the ...
Nov 12, 2020
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Business
Lyft's results show pain but also hope as some riders return
Lyft is still feeling the pandemic's severe impact on the ride-hailing industry but its third-quarter results show signs of a recovery from the previous three months when passengers stayed locked down.
Nov 11, 2020
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Business
Uber's food delivery business outshines core rides service
Uber's food delivery business brought in more money during the third quarter than its signature rides business, showing just how much consumer behavior has changed—and how far the company has adapted—since the pandemic ...
Nov 6, 2020
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Automotive
Toyota ramps up full-year forecasts as sales recover
Toyota on Friday almost doubled its full-year forecasts, saying sales and production were recovering quickly from the coronavirus pandemic, which has shredded the global auto market this year.
Nov 6, 2020
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Business
NY Times sees gains as subscriber base tops 7 million
The New York Times said Thursday profits rose in the past quarter, lifted by gains in paying digital readers, as its total subscription base topped seven million.
Nov 5, 2020
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Business
Daimler lifts outlook on higher third-quarter profits
German auto giant Daimler, maker of Mercedes-Benz, said Friday that it was upgrading its earnings forecast for the whole of 2020 after group profits rose in the third quarter.
Oct 23, 2020
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Business
American Airlines reports $2.4 bln loss in Q3
American Airlines announced Thursday that its earnings plunged 73 percent in the third quarter amid the collapse in air travel during the coronavirus pandemic, causing a loss of $2.4 billion, which was not as bad as analysts ...
Oct 22, 2020
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Business
SK Hynix in $9 bn deal for Intel's flash memory chip business
The world's second-largest chipmaker, South Korea's SK Hynix, announced a record $9 billion deal Tuesday to buy Intel's flash memory chip operation as it seeks to bolster its position against rival behemoth Samsung Electronics.
Oct 20, 2020
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