Category: Finance News

Apr 29

The Tell: Keeping slaughterhouses open to protect U.S. meat supply may boost these food-packaging companies

An earlier version of this article misstated the parent company of Pactiv. The correct parent, Reynolds Group Holding Ltd., has been added. A grocer’s meat section. Getty Images Meat-processing plants aren’t for the faint of heart during the best of times. But after the Trump administration issued a new order Tuesday to keep slaughterhouses open […]
Apr 29

MarketWatch First Take: Google gives Wall Street what it wants, and the stock shoots higher

Alphabet Inc. executives are prioritizing share repurchases instead of continuing to spend on new employees and business development during the COVID-19 pandemic, and Wall Street is rewarding Google’s parent company. Alphabet reported worse-than-expected first-quarter earnings Tuesday, with ad sales dropping more than 10% in March as shelter-in-place orders due to the coronavirus began to take […]
Apr 29

AMC vows to bar Universal movies from its theaters after video-on-demand comments

AMC Entertainment, the world’s largest movie-theater chain, said Tuesday it will no longer play any movies from Universal Pictures after comments by NBCUniversal CEO Jeff Shell that the entertainment giant plans to release future movies directly to homes on-demand. A Wall Street Journal report Tuesday detailed how Universal’s decision to make the animated kids movie […]