BUSINESS/FINANCE NEWS
Setup News Ticker
   BUSINESS/FINANCE NEWS
Searching for 'stocks Street'. (Return)

FT.com - Financial MarketsAug 11, 2020
Wall Street stocks near record peak after rally in Europe
Global equities lifted by fiscal stimulus optimism and vaccine hopes as Russia approves Covid-19 treatment

MarketWatch MarketPulseAug 11, 2020
Red Robin shares drop 5% on plunge in sales, widening loss
Red Robin Gourmet Burgers Inc. shares were down 5% in after-hours trading Tuesday after the restaurant chain reported fiscal second-quarter results that fell far short of Wall Street estimates. Red Robin executives blamed the shortfall on the closure of restaurants during the pandemic. Red Robin reported a net loss of $56.3 million, or $4.09 a share, versus net income of $981,000, or 8 cents a share, in the year-ago quarter. Revenue slumped 48% to $161.1 million from $308 million a year ago. Analysts surveyed by FactSet had expected a loss of $3.27 a share on revenue of $166.6 million. Red Robin shares are down 67% this year. The broader S&P 500 index has improved 3% in 2020.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


TRENDING TAGS
stocksS&P Dow making biggest moves
Coronavirusvaccine Cases latest Trump Relief
COVID-19vaccine Cases Pandemic Russia masks
TrumpCoronavirus orders relief tax Payroll
PandemicDuring COVID-19 amid people must
S&P
Stockmarket S&P Dow futures Today
RecordS&P stocks coronavirus market Wall
vaccineCOVID-19 Coronavirus Russia World Inovio
DowDown points Coronavirus S&P Stocks

NEWS SOURCES
Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money
CNN/Money Real Estate News
Dismal.com: Analysis
Dismal.com: Indicators
Enterprise Application News
Entrepreneur.com
Forbes Headlines
Forbes Social Media News
FT.com - China, Economy & Trade
FT.com - Financial Markets
FT.com - Hedge Funds
FT.com - Telecoms
FT.com - US
Google Business News
Google Market News
HBS Working Knowledge
Inc.com
INSEAD Knowledge
International Tax Review
Kiplinger
Knowledge@Wharton
L.S. Starrett News
MarketWatch
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly
MSNBC.com: Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
OpinionJournal.com
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money
SEC.gov Updates: News Digest
SHRM HR News
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ US News
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • 617 482 1200
    617 299 8649 (fax)
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2020 CEOExpress Company LLC