United Airlines (NASDAQ: UAL) slipped to a loss in the first quarter of 2020 from a profit last year due to the impact of the COVID-19 pandemic. The company also outlined U.S. airline industry-leading efforts to manage through the most disruptive global crisis in the history of aviation.
The company currently expects daily cash burn to average between $40 million and $45 million during the second quarter of 2020. United Airlines lowered planned full-year adjusted capital expenditures by about $2.5 billion, bringing expected full-year adjusted capital expenditures to below $4.5 billion.
The Kraft Heinz Company (NASDAQ: KHC) reported second-quarter 2021 financial results before the regular market hours on Wednesday. The food company reported Q2 revenue of $6.62 billion, down 0.5% year-over-year
General Motors Co. (NYSE: GM) reported second quarter 2021 earnings results today. Total revenue rose to $34.2 billion from $16.8 billion in the same period last year. GAAP net income
VS Health Corporation (NYSE: CVS) reported second-quarter 2021 earnings results today. Total revenues increased 11.1% to $72.6 billion compared to the same period last year, driven by growth across all