Exxon said it lost $1.1 billion in the second quarter.
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Chevron shares fall after oil giant reports an $8.3 billion loss for second quarter
Chevron said Covid-19 „signifiantly reduced demand“ in the second quarter.
Monzo’s losses double as popular UK digital bank warns of pandemic uncertainty
Monzo said disruption resulting from Covid-19 has led to „significant doubt“ about its ability to continue „as a going concern.“
Major banks are giving new graduates virtual introductions to careers in finance
As students graduate into an uncertain jobs market, many major banks are offering virtual insights into a career in finance.
Earnings at the halfway mark are much better than expected
The reopening story may be getting rocky, but one pleasant surprise has been earnings.
Exxon shares fall after it loses money for a second straight quarter
Exxon said it lost $1.1 billion in the second quarter.
Stocks making the biggest moves in the premarket: Caterpillar, Merck, Chevron, Under Armour & more
The stocks making the biggest moves in premarket trading include Caterpillar, Merck, Chevron, Under Armour, and more.
Shares of Caterpillar rise after the Dow component reports better-than-expected results
Caterpillar said cost reduction and prioritized spending helped it offset a $1.4 billion decline in dealer inventories.
Pharma giant Merck raises 2020 outlook, saying the worst of the coronavirus impact is behind it
Sales of Merck’s blockbuster cancer drug Keytruda helped offset an 8% decline in revenue to $10.87 billion during second quarter from $11.76 billion from a year earlier.
U.S. weekly jobless claims rise for a second straight week, total 1.434 million
Jobless claims for last week were roughly in line with expectations as the coronavirus pandemic continues to ravage the U.S. economy.