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AMC Leisure (AMC) to make Q2 2021 revenue
AMC Entertainment’s shares rose 4% in expanded trading on Monday after the company posted a smaller-than-expected loss in the second quarter. Though the cinema operator’s CEO warned the company still faces challenges, he said it could make a profit as early as the fourth quarter if the domestic box office hits at least $ 5.2…
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Tesla, Coinbase, Tyson Meals and extra
The Tesla logo on a Supercharger fast charging station for the electric vehicle manufacturer Tesla Motors. SOPA pictures | LightRakete | Getty Images Check out the companies that are making the headlines in midday trading. Diamondback Energy – The exploration and production company’s shares were down 3.5% on a 3.5% decline in oil prices. At…
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Covid vaccine mandates sweep throughout company America as delta surges
United Airlines ramp services worker John Dalessandro receives a COVID-19 vaccine at United’s onsite clinic at O’Hare International Airport on March 09, 2021 in Chicago, Illinois. Scott Olson | Getty Images The U.S. government may not require that everyone get Covid-19 vaccines, but large employers across corporate America are stepping into the void. More than…
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Oil costs fall 4% on rising international Covid circumstances, persevering with slide following worst week since October
Oil derrick pumps operate at the Inglewood Oil Field in Culver City, California, on Sunday, July 11, 2021. Kyle Grillot | Bloomberg | Getty Images Oil prices slid on Monday, building on last week’s steep losses, as rising Covid cases prompted fears of a demand slowdown. West Texas Intermediate crude futures declined 3.6% to trade…
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Lionel Messi receives a proper PSG contract supply for 2 years after leaving Barcelona
BARCELONA, SPAIN – AUGUST 08: (Editor’s Note: Alternative Harvest) Lionel Messi of FC Barcelona faces the media during a press conference at Nou Camp on August 08, 2021 in Barcelona, Spain. Eric Alonso | Getty Images Sports | Getty Images Lionel Messi has received a formal two-year contract offer from Paris Saint-Germain. The French club…
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Past Meat says delta fears, labor woes immediate fewer restaurant orders
Ethan Brown, founder, president and CEO of Beyond Meat Adam Jeffery | CNBC The Covid delta variant and labor challenges are resulting in fewer orders of Beyond Meat products from restaurants. CEO Ethan Brown told analysts on Thursday that independent restaurant operators stocked up on Beyond’s meat alternatives in the quarter ended July 3, helping…
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Epidemiologist Larry Sensible on delta variant, vaccinations
The pandemic is not coming to an end soon — given that only a small proportion of the world population has been vaccinated against Covid-19, a well-known epidemiologist told CNBC. Dr. Larry Brilliant, an epidemiologist who was part of the World Health Organization’s team that helped eradicate smallpox, said the delta variant is “maybe the…
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Wrangler’s mother or father firm CEO says “international casualization” will dominate the attire market
The boom in leisurewear resulting from the Covid pandemic will continue to lead apparel sales, Scott Baxter, president and CEO of Kontoor Brands, told CNBC on Thursday. “You’ve seen a global casualization taking hold right now, so I’m telling people it’s not cyclical, this is here to stay. This is what the world will look…
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CGC, GCI, DKNG and others
Check out the companies that make the headlines before the doorbell rings: Canopy Growth (CGC) – The Canadian cannabis producer’s stocks rose 1.9% ahead of the market after posting an unexpected quarterly profit on rising marijuana demand and cost reductions. Profit comes even if revenue falls short of Wall Street forecasts. Gannett (GCI) – USA…
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Loungefly’s geeky backpacks are large enterprise for Funko
Guests attend the FunKon Loungefly Fashion Night at Funko Hollywood on August 02, 2021 in Los Angeles, California. Stefanie Keenan | Getty Images Entertainment | Getty Images You can tell from the Star Wars posters on the walls of their home and the shelves full of Disney Princesses and Masters of the Universe merchandise that…