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MarketWatchJun 03, 2020
Will the protests lead to a spike in coronavirus cases? That depends
It's unclear whether there will be a surge in COVID-19 infections among the thousands of people who have left their homes to participate in nationwide protests over police brutality.

MarketWatch MarketPulseJun 03, 2020
Quest expects Q2 adj. EPS of breakeven to slightly profitable if testing trends continue to recover from pandemic
Quest Diagnostics Inc. said Wednesday it continues to see a "material decline" in testing volumes as a result of the coronavirus pandemic. But the company said testing volumes in its base business, excluding COVID-19 diagnostic and antibody testing, have recovered faster than it expected on April 22, with higher recovery in U.S. geographies where local officials are lifting restrictions on movement. "If these testing volume trends in the company's base business continue, and COVID-19 molecular and antibody testing volume trends continue, then the company believes that its adjusted earnings per share for the second quarter of 2020 could be in the range of breakeven to slightly profitable," the company said in a regulatory filing. It is not providing further guidance as the full impact of the pandemic depends on the duration and severity of the crisis, and much depends on the response of local and federal officials. Quest will take part in a virtual fireside chat at the Jefferies Virtual Healthcare Conference at 1:30 p.m. Eastern Time. Shares were down 0.5% premarket but have gained 15% in the year to date, while the S&P 500 has fallen 5%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Forbes HeadlinesJun 03, 2020
SAP BrandVoice: Will COVID-19 Change Global Supply Chains Forever?
Over the last 15 years, in an effort to reduce supply chain costs, American and With the pandemic spreading from country to country, borders closing, and supplies in the United States and Europe drying up, consumers are asking a tough question: "Why can't we produce our own?"

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SHRM HR NewsJun 03, 2020
Virtual Happy Hours, Games and Meals: Team Building Varies During COVID-19
?Working from home during the COVID-19 pandemic can make it difficult to build and maintain a cohesive team. The Society for Human Resource Management wanted to find out what others are doing to keep up team spirit.A survey SHRM commissioned found that a slight majority—52 percent—are not conducting any team-building activities with U.S. employees working remotely. However, among those that do have virtual activities, the two most popular were e-mail chains on topics that are not work-related (2

MarketWatch MarketPulseJun 03, 2020
Vera Bradley stock jumps as reopened stores gain sales momentum
Vera Bradley Inc. stock rose 5% in Wednesday premarket trading after the accessories company said its reopened store locations were quickly gaining sales momentum. The company posted net losses of $15.3 million, or 66 cents per share, for the first quarter, after a loss of $2.4 million, or 7 cents per share, last year. That includes $2.2 million of impairment charges, $800,000 in canceled purchase expenses related to COVID-19 and other charges. Its adjusted loss was 31 cents per share, below the FactSet consensus for a loss of 27 cents per share. Revenue totaled $69.3 million, down from $91.0 million last year and below the $80.2 million FactSet consensus. As of the end of May, 18 out of 83 full-line stores and 40 of 64 factory stores have re-opened for business. Furloughed store associates have returned as well, though 65% remain furloughed. Stores open two weeks or more have regained 75% of last year's sales while operating with reduced staff and hours. "We are excited to welcome customers back into our stores, and we believe there is some degree of pent up demand. As more retailers open and consumers feel more comfortable shopping, we believe Vera Bradley's store traffic and sales will improve," said Chief Executive Officer Rob Wallstrom in a statement. Vera Bradley shares have been halved for the year to date while the S&P 500 index is down 4.6% for the period.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



The Motley FoolJun 03, 2020
Campbell Soup Raises Its Outlook After Sales Growth Spikes
The COVID-19 pandemic boosted demand for comfort food in recent months.

MarketWatch MarketPulseJun 03, 2020
Dunkin' stock rises as same-store sales show improvement over the past month
Shares of Dunkin' Brands Group Inc. rose 1.7% in premarket trading Wednesday after the coffee and ice cream seller provided a mid-quarter sales update, which showed improvement over the last month in its U.S. Dunkin' and Baskin-Robbins sales, helped by strength in drive-thru sales and a jump in midday sales. For the eight weeks ended May 23, same-store sales for open Dunkin' U.S. stores fell 23%, but improved to a decline of 15% for the week ended May 23 from a drop of 25% for the week ended April 25. The company said the improvement was driven by strong sales at drive-thru stores, double-digit percentage year-over-year same-store sales growth during the 11 a.m to 2 p.m. time period and increased sales through the Dunkin' app, delivery and curbside. For open Baskin-Robbins U.S. stores, quarter-to-date same-store sales fell 10.5%, with sales improving to flat for the week ended May 23 from down 10% for the week ended April 25. AS of May 23, about 650 of 9,637 Dunkin' U.S. stores were closed as a result of the COVID-19 pandemic. The stock has declined 4.4% over the past three months through Tuesday, while the S&P 500 has gained 2.6%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatch MarketPulseJun 02, 2020
Dow futures climb Tuesday evening after stocks shook off civil unrest to end at a 3-month high as ADP jobs report looms
U.S. stock-index futures rose Tuesday evening, implying that the trend for Wall Street continues to be higher after the stock market closed at its highest level since early March. Futures for the Dow Jones Industrial Average were trading 102 points, or 0.4%, higher at 25,803, those for the S&P 500 index were gaining 0.3%, while Nasdaq-100 futures were advancing 26 points, or 0.3%, at 9.673.75, at last check. The gains come as unrelenting bullishness surrounding the prospects of business reopenings in the U.S. continue to buoy stocks, despite a wave of issues that should otherwise serve as impediments to a bullish uptrend. Those factors include, Chinese-U.S. tensions, seething civil unrest in America and a pandemic that remains a public-health problem throughout the world. In Tuesday's regular session, the Dow rose 267.63 points, or 1.1%, to end at 25,742.65, marking its highest close since March 6, according to Dow Jones Market Data. Meanwhile, the S&P 500 index rose 25.09 points, or 0.8%, closing at 3,080.82, its loftiest finish since March 4, and the Nasdaq Composite Index advanced 56.33 points, or 0.6%, to finish at 9,608.37, representing its best closing level since Feb. 20. On Wednesday, investors will get a fresh read of the impact of efforts to limit the spread of COVID-19, with a report on private-sector employment likely to show that 8.663 million jobs were lost in May, according to Econoday, compared with Automatic Data Processing Inc.'s estimate in April for a loss of 20.236 million. Markets have shrugged off poor economic news and a wave of protests across U.S. cities sparked partly by the death of George Floyd in Minneapolis last week, an unarmed black man who perished under the knee of a white police officer. Protests about social injustice in America has resulted in curfews imposed in a number of major cities, including New York, which has set a curfew from 8 p.m. Eastern to 5 a.m. In corporate news, shares of Zoom Video Communica

Enterprise Application NewsMay 15, 2020
Coronavirus: Managing (and pivoting) during a crisis
Updated: If you weren't entirely prepared for COVID-19, you're not alone. Ensuring business continuity in crisis management mode requires the right mix of technology, patience and agility. We hope this collection of Insider Pro articles helps.
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