April 17, 2020

U.S. bailout watchdog vows to scrutinize share buybacks, dividends

An official charged with overseeing how the U.S. government handles $500 billion in bailout funds said on Friday he will also monitor how companies use the […]
April 17, 2020

Virgin Atlantic told to resubmit proposal for bailout package: FT

Virgin Atlantic has been told to resubmit its proposal for a 500 million pound ($625.35 million) coronavirus bailout package after the UK government was left unimpressed […]
April 17, 2020

Cash is king as U.S. quarterly reporting season gains steam

As the U.S. quarterly earnings season picks up steam next week, investors will get an early glimpse of how companies are weathering the coronavirus outbreak, including […]
April 17, 2020

Ford issues debt securities after virus causes $2 billion loss

Ford Motor Co on Friday raised $8 billion from corporate debt investors to shore up its cash reserves as the coronavirus outbreak pummeled vehicle sales and […]
April 17, 2020

AMC says it has enough cash through July as movie theaters aim to re-open

AMC Entertainment Holdings Inc, the world’s largest movie theater operator, said on Friday it has enough cash to withstand a global suspension of operations until a […]
April 17, 2020

Wall Street gains on Boeing surge, coronavirus drug hopes

U.S. stocks rose on Friday and posted gains for the week, helped by a surge in Boeing shares, President Donald Trump’s plan to reopen the coronavirus-battered […]
April 17, 2020

Uniper installs new directors at Fortum’s request

Uniper announced on Friday the appointment of new directors following the resignation of a raft of supervisory board members earlier this month, after Finland’s Fortum secured […]
April 17, 2020

Ford to issue debt securities after virus triggers $2 billion loss

Ford Motor Co said on Friday it would tap debt markets to shore up its cash reserves as the coronavirus outbreak pummeled vehicles sales and halted […]
April 17, 2020

GM dispatches first batch of ventilators for COVID-19 patients

General Motors said on Friday it had started delivering the first batch of 54 ventilators to U.S. hospitals treating severely ill COVID-19 patients. Powered by WPeMatico
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