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.
For technology stocks, 2022 has been a challenging year, with companies losing significant market value amid prolonged stock selloff. In that respect, Salesforce, Inc. (NYSE: CRM) is among the worst-affected
Shares of Macy’s Inc. (NYSE: M) were down on Thursday. The stock has gained 36% over the past three months and 18% over the past one month. The company’s sales
Department store chain The Kroger Co. (NYSE: KR) on Thursday said its third-quarter sales and adjusted earnings increased year-over-year. The latest numbers also exceeded the market's expectations. Net earnings attributable to