Friday, May 1, 2020

Estée Lauder Suspends FY20 Outlook, Dividend, Share Buyback Amid COVID-19

While reporting financial results for the first quarter on Friday, Estée Lauder Cos., Inc. (EL) said it is not providing specific earnings and sales guidance for the fiscal 2020 fourth quarter and full year, due to the uncertainty around the timing, speed and duration of the recovery from the adverse impacts of COVID-19.

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Clorox Boosts FY20 Outlook - Quick Facts

While reporting financial results for the first quarter on Friday, Clorox Co. (CLX) raised its earnings, sales and organic sales growth guidance for the full-year 2020.

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Honeywell Temporarily Suspends FY20 Outlook Amid COVID-19 - Quick Facts

While reporting financial results for the first quarter on Friday, technology company Honeywell international Inc. (HON) said it has temporarily suspended its full-year 2020 financial guidance, due to the evolving nature of the COVID-19 pandemic and related supply chain and market disruptions.

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Johnson Controls Withdraws FY20 Outlook Amid COVID-19 - Quick Facts

While reporting financial results for the second quarter on Friday, Johnson Controls International plc (JCI) said it is withdrawing its previously communicated fiscal year 2020 guidance, as a result of the challenging and uncertain macro environment attributable to the impact the novel coronavirus (COVID-19) pandemic.

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FDA Approves NASA-Developed Ventilator For Emergency Use

The U.S. Food and Drug Administration approved a new high-pressure ventilator developed by NASA to treat coronavirus or COVID-19 patients. The space agency is offering the designs for licensing on a royalty-free basis during the time of the pandemic, hoping to increase the availability of life-saving medical devices.

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Thursday, April 30, 2020

Fire & Flower To Close Three Alberta Stores; Q4 Loss Widens

Canadian cannabis company Fire and Flower Holdings Corp. said Thursday that it will close three locations in Alberta under a restructuring plan, enabling it to deploy resources and allocate capital to locations with higher profit potential. The company also reported a net loss for the fourth quarter that widened from last year.

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Shot Roster: COVID-19 Vaccines In Human Trials

The ongoing COVID-19 pandemic has sickened over 3.25 million people and has killed 233,014 people, according to data from Johns Hopkins University.

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