Lufthansa vows company revamp as losses balloon By Reuters

2020-06-03

© Reuters. Airplanes of German carrier Lufthansa are parked at the Berlin Schoenefeld airport By Ludwig Burger FRANKFURT (Reuters) – Lufthansa vowed to step up up restructuring measures after posting a first-quarter net loss of 2.1 billion euros ($2.35 billion), days after agreeing a state bail-out amid the fallout fromRead More →

Uber earnings preview: Brace for more quarterly losses

2019-11-01

Uber Technologies Inc. took a significant detour on the road to profitability three months ago with a jaw-dropping $5.24 billion quarterly loss, deepening its losses to more than $6 billion this fiscal year. So when the ride-hailing service reports third-quarter financial results on Monday, investors and analysts are bracing forRead More →

Chinese stocks pulled lower by pharma, tech losses

2019-09-22

Hong Kong’s Hang Seng Index saw an opening advance quickly fade on Monday, led by AAC Technologies as it extended last week’s losses with a 3.2% drop in morning trading. The Hang Seng HSI, -0.86% recently was off 0.8%. Chinese pharma stocks contributed to the early losses with Sino BiopharmaceuticalRead More →

U.S. stock futures recover from steep early losses

2019-08-05

U.S. stock market futures recovered from steep early losses Monday night, rallying about 500 points in a reassuring indication following the biggest selloff of the year for Wall Street. Dow Jones Industrial Average futures YM00, +0.21%   were last up 0.2%, while S&P 500 futures ES00, +0.24%   rose 0.3%Read More →