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Fortune 500 CEO survey on how top companies are dealing with coronavirus pandemic, predictions for what's ahead _ Fortune

Fortune 500 CEO survey: How are America’s biggest companies dealing with the coronavirus pandemic?

By: Alan Murray
Source: Fortune
Date of Publication: May 14th, 2020
CEOs of the Fortune 500, surveyed in the last two weeks of April, believe it will be years before the effects of COVID-19 are purged from the U.S. economy.
Zoom Again Lifts Full-Year Outlook as Sales Surge During Pandemic - WSJ

Zoom Again Lifts Full-Year Outlook as Sales Surge During Pandemic

By: Kimberly Chin
Source: The Wall Street Journal
Date of Publication: August 31st, 2020
Remote working and distance learning are fueling investor enthusiasm in the video-conferencing platform.
Discovery Revenue Falls as Coronavirus Pandemic Hits Ad Revenue

Discovery Revenue Falls as Coronavirus Pandemic Hits Ad Revenue

By: Benjamin Mullin
Source: The Wall Street Journal
Date of Publication: August 5th, 2020
Discovery Inc.’s revenue in the second quarter decreased by nearly 12%, as the coronavirus pandemic took a toll on the company’s advertising business.
Clorox names longtime executive its new CEO, as company beats estimates on pandemic-led demand

Clorox names longtime executive its new CEO, as company beats estimates on pandemic-led demand

By: Reuters
Source: CNBC
Date of Publication: August 3rd, 2020
Clorox named its president and longtime executive, Linda Rendle, as chief executive officer on Monday as it beat estimates for quarterly results on the back of rising spending on disinfectant and other cleaning products due to the Covid-19 pandemic.
Caterpillar Expects Reduced Demand to Persist - WSJ

Caterpillar Expects Reduced Demand to Persist

By: Austen Hufford
Source: The Wall Street Journal
Date of Publication: July 31st, 2020
Machinery giant said sales fell at least 10% in each of its main businesses.
Exxon shares fall after it loses money for a second straight quarter

Exxon shares fall after it loses money for a second straight quarter

By: Pippa Stevens
Source: CNBC
Date of Publication: July 31st, 2020
On Friday Exxon posted its second straight quarterly loss.
Albertsons Goes Public as Coronavirus Pandemic Upends Grocery Business - WSJ

Albertsons Goes Public as Coronavirus Pandemic Upends Grocery Business

By: Jaewon Kang
Source: The Wall Street Journal
Date of Publication: June 26th, 2020
Safeway, Jewel-Osco owner plans to capitalize on changing shopping behavior.
Airline shares tumble as New York imposes quarantines, Florida cases spike_CNBC

Airline shares tumble as New York imposes quarantines, Florida cases spike

By: Leslie Josephs
Source: CNBC
Date of Publication: June 24th, 2020
U.S. airline shares fell sharply Wednesday after state officials in New York, New Jersey and Connecticut said they were imposing a two-week quarantine on travelers arriving from certain states whose coronavirus infection rates have been on the rise.
Bankrupt Hertz files to sell up to $500 million in stock, with warning they could be 'worthless'

Bankrupt Hertz files to sell up to $500 million in stock, with warning they could be 'worthless'

By: Tomi Kilgore
Source: Market Watch
Date of Publication: June 15th, 2020
Shares of Hertz Global Holdings Inc. HTZ, -13.78% plunged 20% in premarket trading Monday, after the bankrupt car rental company filed for the sale up up to $500 million worth of common stock. The filing comes after Hertz received approval on Friday from a bankruptcy court to sell up to $1 billion in stock. The company warned in the filing that because the company is bankrupt, the common stock could be rendered "worthless."
Abercrombie & Fitch Stock Has Lost 30% But It Is Still Better Than Gap Which Is Down 50%

Abercrombie & Fitch Stock Has Lost 30% But It Is Still Better Than Gap Which Is Down 50%

Source: Forbes
Date of Publication: May 14th, 2020
Gap (NYSE: GPS) stock has declined by close to 55% since early February after the WHO declared the Coronavirus a global health emergency, while Abercrombie & Fitch (NYSE: ANF) stock has fared slightly better and lost 31% of its value.