Pub operator Marston's launched consultations on up to 2,150 job losses on Thursday, saying new UK coronavirus restrictions had forced its hand after months of progress in reopening hundreds of its pubs.
British auto dealer Pendragon posted narrower first-half losses on Tuesday, benefiting from lower costs and expenses even as revenue halved because of COVID-19 shutdowns.
Lyft Inc received some badly needed support on Tuesday, as analysts at banks that had worked on its initial public offering urged clients to buy the ride-hailing company's beleaguered shares. Following the required 25-day wait for deal underwriters to issue an investment opinion following an IPO, at least 10 of the banks that brought Lyft public gave positive recommendations on a stock that has slumped 30 percent from its opening price on March 29, its first day of trading.
Shares in Apple Inc fell 6 percent on Friday, cutting its market value back to less than $1 trillion after it forecast softer-than-expected sales for the holiday quarter and fueled nerves over iPhone sales by saying it would no longer release the figures. | Video
Tesla Inc shares jumped on Thursday as Wall Street analysts said the company had turned a corner with profitable third quarter results and might not now need to raise outside capital. | Video
Shares of Tesla Inc jumped more than 12 percent on Thursday, after the company convinced investors that it was able to yield positive cash flow and turn a profit, and Chief Executive Officer Elon Musk apologised for past incendiary remarks.
Aug 2 Shares of Tesla Inc jumped 10
percent in premarket trade on Thursday, after the company
convinced investors that it was able to produce positive cash
flow and turn a profit, and Chief Executive Officer Elon Musk
apologized for past incendiary remarks.
Shares of Netflix Inc hit a life-time high on Tuesday after the online video streaming service reported a rise in subscriber additions for the fourth straight quarter.