LONDON (Reuters) – The U.S. dollar struggled on Thursday as traders priced in more monetary policy easing by the Federal Reserve after it cut interest rates by 50 basis points this week in an emergency move to shield the economy from the coronavirus …
See Original Article

Sales at Costco Wholesale Corp. stores rose and some items were in short supply as shoppers stocked up on bulk quantities of everyday goods amid the new coronavirus outbreak. The warehouse club operator reported Thursday a 12.1% jump in …
See Original Article

Quest said it will begin receiving and testing specimens March 9, and plans to submit its assay to the FDA within the prescribed 15-day timeline, while LabCorp’s test is currently pending agency review. (Image: University of Michigan School of Medicine / CC …
See Original Article

In its first full quarter as a publicly traded entity, The Pennant Group (Nasdaq: PNTG) posted strong revenues in both of its service segments. But its senior housing portfolio lagged slightly due to transitional headwinds and the Eagle, Idaho-based company will …
See Original Article

Costco said the impact from the new coronavirus boosted its monthly same-store sales for February by roughly 3%. “These last nine or so days has been beyond busy,” the company’s CFO says. RT: Coronavirus, New York, buying Clorox 200302. People load …
See Original Article