EXXON MOBIL EARNINGS, REVENUE MISS IN Q2

July 31, 2020

Exxon Mobil Corp reported a $1.1 billion loss for the second quarter on Friday, the first back-to-back quarterly loss for the U.S. oil giant in at least 36 years. Exxon stood out among its supermajor peers for not taking a large write-down on the value of its assets as the industry outlook darkens on the

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MASTERCARD STOCK GAINS AFTER EARNINGS TOP EXPECTATIONS

July 30, 2020

MasterCard Inc. shares are up 1.5% in premarket trading on Thursday after the payments giant delivered better-than-expected results for its second quarter even as revenue and earnings declined due to weaker consumer spending during the pandemic. MasterCard shares are up 3% from the beginning of the year but are still down 10.9% from their 52-week

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BOEING UNVEILS SWEEPING PRODUCTION CUTS AMID Q2 LOSS

July 29, 2020

Boeing reported disappointing second quarter earnings Wednesday, registering a larger than expected $2.4 billion loss with the coronavirus pandemic hitting the airline, which was already beset with problems of its own making. Boeing stock traded 1.8% higher in pre-market. Boeing shares are down 47% from the beginning of the year.  Boeing announced a loss per

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MCDONALD’S REPORT Q2 EARNINGS, REVENUES PLUMMET

July 28, 2020

McDonald’s on Tuesday reported that its second-quarterly revenue was slashed by nearly a third as coronavirus lockdown measures outside the U.S. weighed on sales for its French fries and cheeseburgers. McDonald’s shares are up 1% from the beginning of the year and are trading at $201.25, down-from-52-week-high. They are outperforming the S&P 500 which is

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MCDONALD’S REPORT Q2 EARNINGS, REVENUES PLUMMET


McDonald’s on Tuesday reported that its second-quarterly revenue was slashed by nearly a third as coronavirus lockdown measures outside the U.S. weighed on sales for its French fries and cheeseburgers. McDonald’s shares are up 1% from the beginning of the year and are trading at $201.25, down-from-52-week-high. They are outperforming the S&P 500 which is

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