Sharon Wrobel

About the Author Sharon Wrobel


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 …

Macy’s to Furlough Employees as Coronavirus Keeps Stores Closed

Macy’s, Inc. (M) said on Monday it would furlough most of its employees as all of the department chain’s stores remain closed due …

Wyndham Hotels Plans to Cut 270 Jobs to Counter Coronavirus Effects

Wyndham Hotels & Resorts (WH) said it needs to cut 270 jobs and plans to implement cost-cutting measures to cope with the negative …

Cal-Maine Foods Beats Quarterly Estimates, Sees More Price Volatility

Cal-Maine Foods Inc. (CALM) beat estimates for quarterly earnings on Monday as the coronavirus outbreak boosts demand for the U.

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