Coronavirus grounds more flights, takes toll on jobs
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- S&P 500, Nasdaq fall as megacap tech drags; Iran developments watched
- Oil falls 4% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
- Sanuwave cuts Q2 2026 revenue guidance amid Ultramist sales pressure
AAR Corp. (AIR) Tops Q3 EPS by 3c, Revenues Beat; Withdraws FY20 Guidance, Citing 'Macro Uncertainty from Impact of COVID-19'
March 24, 2020 4:11 PM EDTAAR Corp. (NYSE: AIR) reported Q3 EPS of $0.67, $0.03 better than the analyst estimate of $0.64. Revenue for the quarter came in at $553.1 million versus the consensus estimate of $550.29 million.
Reported third quarter Fiscal Year 2020 consolidated sales of $553.1 million and income from continuing operations of $2.6 million, or $0.07 per diluted share. Third quarter results included a predominantly non-cash pretax charge of $24.7 million primarily resulting from restructuring and exiting underperforming contracts in commercial programs. For the third quarter of the... More
GE Healthcare (GE) Announces Collaboration with Ford Motor Co. (F) to Produce Ventilators to Combat COVID-19 Pandemic
March 24, 2020 7:34 AM EDTGE (NYSE: GE) Healthcare today provided two updates on its continued efforts to support clinicians, governments and the broader healthcare community in the fight against the coronavirus (COVID-19).
GE Healthcare and Ford Motor Company (NYSE: F) will work together to scale the production of ventilators, arming clinicians with medical equipment important in the treatment of COVID-19 patients. Through this collaboration, Ford will provide its technical and production expertise with the goal of manufacturing a simplified design of GE Healthcares existing... More
