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Rite Aid Corp. stock RAD, +7.16% slid 11% in premarket trade Thursday, after the pharmacy retail chain posted a wider-than-expected loss for its fiscal second quarter as it booked goodwill impairment charges on its pharmacy services segment as well as charges for higher facility exit and store closures. The company had a net loss of […]
Shares of CarMax Inc. KMX, +6.49% tumbled 9.7% toward a more than two-year low in premarket trading Thursday, after the used vehicle retailer reported fiscal second-quarter profit that fell well below expectations, as “affordability challenges” led to sales falling “sharply” in the final months of the quarter. Net income for the quarter to Aug. 31 […]
The more than one million fans expected to travel to Qatar for this year’s World Cup are not required to be vaccinated against COVID, but they must show a negative result from a PCR test taken in the 48 hours before arriving, according to the Qatari authorities. Quarantine is also no longer mandatory for travelers […]
Johnson Outdoors Inc. JOUT, +2.83% said Thursday its board has approved an increase in its quarterly cash dividend that will raise the payment for Class A shareholders to 31 cents a share from 30 cents previously. The outdoor recreation products company’s stock was not yet active premarket, but has fallen 45% in the year to […]
A statement from the North Atlantic Treaty Organization said all “currently available information” points to the damage of the Nord Stream 1 and 2 pipelines as the result of “deliberate, reckless, and irresponsible acts of sabotage.” NATO did not identify a perpetrator. “We, as Allies, have committed to prepare for, deter and defend against the […]
The project will connect SWIFT’s network to nearly every blockchain to allow traditional finance players access to digital and traditional assets on one network. 2136 Total views 50 Total shares Interbank messaging system SWIFT has partnered with price oracle provider Chainlink to work on a proof-of-concept (PoC) project which would allow traditional finance firms the […]