The company reported adjusted quarterly earnings of 97 cents per share, below the consensus estimate of $1.44 per Refinitiv. Revenue also came in below forecasts. ViacomCBS said the quarter was transitional, and the combination will cut expenses by more than expected.— Mednax fell more than 20% on Thursday after it issued first-quarter guidance below what Wall Street analysts had been expecting.
— CNBC's Maggie Fitzgerald, Yun Li, Pippa Stevens, Jesse Pound, Fred Imbert and Tom Franck contributed to this report.Related Tags
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asia stocks poised to trade higher with China set to release its loan prime rateThe People's Bank of China is set to release its loan prime rate as the country grapples with the economic impact of an ongoing coronavirus outbreak. Oh yeah trust their reported prime rate. Right! Buy, buy, buy... Oops! Badass Bloomberg Manipulating currencies again?
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves after hours: Imax, Pioneer, Zillow and moreStocks making the biggest moves after hours: Imax, Pioneer, Zillow & more
Source: CNBC - 🏆 12. / 72 Read more »
Luxury stocks lose billions in value amid coronavirus fears - Business InsiderA major luxury stock index lost $54 billion in value over two weeks in January. Some luxury retailers are unsure how big the disruption could be. No value of money matters in comparison to this virus luxury won't cure the virus that's like saying the profit out weights the life of a human being which it doesn't if I stand correct. Maybe if luxury brands didn't rely on Asian slave markets they wouldn't have been so vulnerable to human suffering
Source: BusinessInsider - 🏆 729. / 51 Read more »
Slowing virus, China stimulus hopes support stocks, yen nurses lossesAsian stocks edged up on Thursday, supported by a fall in coronavirus cases and ... False. VirusCorona expand BigGovVirus
Source: Reuters - 🏆 2. / 97 Read more »
European stocks headed for lower open despite coronavirus slowdown in ChinaEuropean markets are expected to open lower on Thursday despite a slowdown in the spread of the coronavirus in China that's helped other markets to advance. What fucking slow down? If y'all keep pushing Chinese propaganda..., when the global pandemic reaches ur studios, I hope you all cry in irony and no one comes to help. the stock market moves by psychology, not reality.
Source: CNBC - 🏆 12. / 72 Read more »
Asian stocks slip as virus' global impact puts markets on edgeAsian stocks eased and currency markets were skittish on Thursday, as virus case... Whilst China’s regime PR’s working its way. Let’s take a minute, share a little thought for a nurse wailing for her husband. A tweet “Separation & death” . Merely the end of the First Wave.(ground-zero contamination and death) Wave Two will come soon.(more world-wide contamination, including Africa and South America, death rate climbs) And last,but not least, Wave Three.(total global pandemic, death-toll rises) Somebody tell that guy that the mask isn't doing him a damn bit of good.
Source: Reuters - 🏆 2. / 97 Read more »