09 April

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Failed Amazon union effort renews call for updated U.S. labor laws By Reuters

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WASHINGTON (Reuters) - A failed attempt to unionize Amazon.com (NASDAQ:AMZN) warehouse workers shows why Congress needs to pass proposed legislation to protect labor unions against corporations' anti-organizing efforts, Democratic lawmakers and labor activists said Friday. Democratic Representative Bobby Scott, who chairs the House Education and Labor Committee, urged the Senate to pass the PRO Act which passed the House last month to make it more difficult for companies to interfere with union organizing. The Protecting the Right to Organize Act would allow unions to collect dues from non-members covered by their contracts and forbid companies from...

09 April

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BioNTech, Pfizer Gain As EU, Australia Seek More Covid Vaccine Doses By Investing.com

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By Dhirendra Tripathi Investing.com – Shares of both BioNTech (NASDAQ:BNTX) and Pfizer (NYSE:PFE) rose Friday following a Reuters report that the two companies, which have jointly developed a Covid-19 vaccine, could get to supply another 1.8 billion does to the EU. In another boost for them, Australia has doubled its order for their vaccine to 40 million doses. BioNTech shares rose more than 5% while Pfizer gained 1%. Reuters said the European Commission is seeking EU governments' approval to launch talks with Pfizer and BioNTech for the purchase of the vaccines to be...

09 April

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WD-40 Slips as Profit, Sales Miss Estimates By Investing.com

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By Christiana Sciaudone Investing.com -- WD-40 slid 15% after missing quarterly sales and profit estimates. Revenue of $111.9 million was less than the expected $114 million, and earnings per share of $1.24 fell below the estimated $1.32 for the quarter ended in February, according to data compiled by Investing.com. The disappointment follows two blow-out quarters, with the company reporting both sales and profit that surprised the market. Shares had close to doubled for the year through February, and have since dropped about 20%. Earlier today, DA Davidson lowered the price target on WD-40 to $295 from...

09 April

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FTSE finishes lower, GBP unchanged, Oil weak By Investing.com

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Key Points FTSE 100 closing price of 6,915.69, -0.38% For the week, the FTSE 100 increased 2.69% Tui shares fall following convertible debt issuance FTSE 350 Travel & Leisure sector weak as UK announces travel plans By Samuel Indyk Investing.com – The FTSE 100 finished Friday lower but still had a relatively strong week, rising a total of 2.69% as the GBP softened and global markets pushed higher. Much of the rally this week comes on the back of the strong data from the US with European bourses playing catch-up after the Easter break....

09 April

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Britain says 31.9 million people given COVID vaccination By Reuters

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LONDON (Reuters) - Britain said on Friday it had given 545,511 COVID vaccine doses on April 8, the highest daily total since April 1, while a further 60 people had died within 28 days of a positive test for the disease, raising this death toll to 127,040. The number of people in Britain who have received two vaccine doses rose to 6.541 million and the number who have received at least one does increased to 31.903 million, according to government daily figures. Some 3,150 people were reported as infected with COVID-19 as of April 9,...

09 April

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Born in Greece, Prince Philip faced exile from infancy By Reuters

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ATHENS (Reuters) - Britain's irreverent media sometimes referred to him as "Phil the Greek" but in fact, Prince Philip only lived in the land of his birth for 18 months before his family was forced into exile while he was an infant. The future husband of Queen Elizabeth was born on a dining room table at "Mon Repos", a 19th century neoclassical villa on the Ionian island of Corfu, which belonged at the time to his family and is now headquarters of the local archaeological museum. Born Philippos Schleswig-Holstein Sonderburg-Glucksburg, the fifth child and only son...

09 April

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Amazon Has Enough Votes to Beat Unionization Effort in Alabama By Investing.com

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By Yasin Ebrahim Investing.com - Amazon appears to have clinched enough votes to beat an effort to unionize by workers at an Alabama warehouse. The workers have voted against establishing the first union for Amazon (NASDAQ:AMZN), according to an unofficial tally. The union they would join has filed an objection, according to CNBC. Shares were slightly higher, after rising almost 4% this week. After more than a week of vote counting, the no votes hit a simple majority on Friday, according to multiple reports. The ballot counting continues until there is an official count. As of Thursday,...

09 April

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Boeing production issue prompts airlines to pull some 737 MAX jets from service By Reuters

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By David Shepardson, Tracy Rucinski and Ankit Ajmera WASHINGTON (Reuters) - U.S. airlines temporarily suspended the use of more than 65 Boeing (NYSE:BA) 737 MAX jets on Friday after the planemaker asked 16 carriers that operate the aircraft to address an electrical power system issue. The U.S. Federal Aviation Administration (FAA) said Boeing had notified it late Thursday of its recommendation to temporarily remove some planes from service to address a manufacturing issue that could affect the operation of a backup power control unit. Southwest Airlines (NYSE:LUV) removed 30 MAX airplanes from its schedule Friday, while...

09 April

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CarMax Gains As Analyst Sees 18% Upside By Investing.com

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By Dhirendra Tripathi Investing.com – CarMax (NYSE:KMX) rose 1.6% in Friday’s trade after Oppenheimer raised its price target, seeing around 18% upside from the current price. The stock is currently just 5% shot of its 52-week high of $136.49. Oppenheimer analyst Brian Nagel maintained a buy rating on CarMax, setting a price target of $153. Nagel expects Carmax Inc to post earnings per share of $1.29 for the second quarter of 2021. The current consensus among eight TipRanks analysts is for a strong buy of CarMax shares with an average price target of $142.5. The price...

09 April

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March Producer Prices Help Clock Biggest Annual Gain in Nearly a Decade By Investing.com

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By Dhirendra Tripathi Investing.com – Producer prices in the U.S. rose more than anticipated in March, helping clock the largest gains on an annualized basis since September 2011. The producer price index for final demand rose 1% in March, following a 0.5% increase in February, according to numbers released by the Bureau of Labor Statistics. The higher numbers are in line with expectations of higher inflation that a booming economy and a mountain of liquidity are likely to induce. On an unadjusted basis, the final demand index moved up 4.2% for the 12 months ended...

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Failed Amazon union effort renews call for updated U.S. labor laws By Reuters

BioNTech, Pfizer Gain As EU, Australia Seek More Covid Vaccine Doses By Investing.com

WD-40 Slips as Profit, Sales Miss Estimates By Investing.com

FTSE finishes lower, GBP unchanged, Oil weak By Investing.com

Britain says 31.9 million people given COVID vaccination By Reuters

Born in Greece, Prince Philip faced exile from infancy By Reuters

Amazon Has Enough Votes to Beat Unionization Effort in Alabama By Investing.com

Boeing production issue prompts airlines to pull some 737 MAX jets from service By Reuters

CarMax Gains As Analyst Sees 18% Upside By Investing.com

March Producer Prices Help Clock Biggest Annual Gain in Nearly a Decade By Investing.com

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