Sharon Wrobel

About the Author Sharon Wrobel


Children’s Place Extends Store Closures, Suspends Dividends to Cope With Virus Pandemic

The Children’s Place Inc (PLCE) said its stores across the U.S.

Verint Systems Misses Profit Estimates, Sees Growing Cloud Demand Momentum

Verint Systems Inc (VRNT) reported lower-than-expected quarterly profit while revenue increased fueled by growing cloud demand from large companies. Fourth-quarter net income ended …

Apple Buys Weather App Dark Sky in Undisclosed Deal

Apple Inc. (AAPL) has acquired Dark Sky, a weather app, for an undisclosed sum.

Dollar Tree Withdraws 2020 Guidance Amid Coronavirus Uncertainty

Dollar Tree Inc (DLTR) said Tuesday that it is withdrawing its first quarter and full-year 2020 guidance, citing the volatile economic environment and …

Conagra Brands Raises 2020 Profit Outlook as Consumers Stock Up Groceries

Conagra Brands Inc (CAG) raised its profit forecast for 2020 as the coronavirus pandemic has pushed consumer demand for its groceries and snacks …

British American Tobacco to Raise $2.4 Billion From Debt Offering

British American Tobacco (BTI)  said on Tuesday it priced a debt offering of $2.4 billion notes and intends to use the proceeds for …

Imperial Brands Sees No Coronavirus Impact, Secures New Loan

Imperial Brands PLC (IMBBY) reported Tuesday that the coronavirus pandemic did not have a “material impact” on the maker of Gauloises Blondes and …

Advertising Giant WPP Suspends Dividend, Share Buyback Plan and 2020 Guidance

WPP PLC (WPP), the world’s largest advertising company, said it was suspending its dividend and share buyback plan, and withdrawing its guidance for …

Kohl’s Furloughs Workers, Draws Down $1 Billion Credit Line to Cope With Coronavirus Impact

Kohl’s Corp. (KSS) said on Monday it would extend its store closures and furlough employees due to the “significant impact” of the coronavirus …

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