MSC Industrial (MSM) Beats Q2 Earnings Estimates

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MSC Industrial (MSM) Beats Q2 Earnings Estimates

MSC Industrial (MSM) came out with quarterly earnings of $1 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $1.24 per share a year ago. These figures are adjusted for non-recurring items. This quarterly …
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UPDATE 1-US Treasury, airlines reach agreement in principle on payroll aid -sources

(Adds industry details and background). By Tracy Rucinski and David Shepardson. April 14 (Reuters) – The U.S. Treasury Department and passenger airlines have reached an agreement in principle on a $25 billion payroll support package meant to help …
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General Motors' first ventilators are ready for delivery

On Tuesday, General Motors revealed that its first ventilators are ready for delivery. The automaker has a contract with the US Department of Health and Human Services to license-build 30,000 Ventec Life Systems V+ Pro critical care ventilators, following …
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China Auto Sales Sink 48.4% in March as Virus Hurts Demand

BEIJING — China’s auto sales sank 48.4% in March from a year ago as the economy reeled from the coronavirus, according to an industry group, adding to strains for the struggling industry in its biggest global market. Sales of SUVs, sedans and minivans …
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Moscow Tightens Lockdown With Permit System as Virus Spreads

A pedestrian exits a subway as night falls in Moscow on April 2. Photographer: Andrey Rudakov/Bloomberg
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