Chinese Stocks Down ~2-3% Thursday; Western Media Thursday Morning Highlights Chinese Stance On Russian Invasion Could Be Becoming Less Neutral, Highlights Misinformation Being Shared By Chinese State To Chinese Citizens
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https://www.cnn.com/2022/03/10/china/china-russia-disinformation-campaign-ukraine-intl-dst-hnk/index.html
Luckin Coffee Nears Major Milestone with Imminent Emergence From Bankruptcy
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Key Takeaways:
Restrictions Take Fourth-Quarter Bite Out of Rebounding Year for Yum China
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Key Takeaways:
Earnings Scheduled For February 8, 2022
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Companies Reporting Before The Bell
• Pfizer (NYSE:PFE) is likely to report quarterly earnings at $0.87 per share on revenue of $24.20 billion.
Missfresh Tries To Tempt Investors With Value-Added Offerings
Today, 4:00 AM
Key takeaways:
• Missfresh has launched a series of value-added initiatives in its bid to achieve profitability by selling more higher-margin products outside its core online grocery business
• Company’s stock is down more than 70% since its debut in the U.S. last June
Stocks That Hit 52-Week Lows On Friday
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During Friday's session, 445 companies made new 52-week lows.
Scandal-Ridden Luckin in Nascent Coffee Comeback. But Will Investors Take a Sip?
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Key takeaways:
Luckin Coffee’s latest post-scandal financial report shows revenue more than doubled in the first half of the year, as losses narrowed
Reformed company’s shares have rebounded to just below their IPO price, as it moves to business model with new focus on franchising
By Mia Shanley
Recap: Yum China Holdings Q3 Earnings
Today, 4:00 AM
Yum China Holdings (NYSE:YUMC) reported its Q3 earnings results on Wednesday, October 27, 2021 at 04:30 PM.
Here's what investors need to know about the announcement.
Earnings Scheduled For October 27, 2021
Today, 4:00 AM
Companies Reporting Before The Bell
• McDonald's (NYSE:MCD) is expected to report quarterly earnings at $2.46 per share on revenue of $6.03 billion.