Trip.com Group Limited (TCOM) reported second-quarter net loss of RMB476 million or RMB0.80 per ADS, compared to RMB403 million or RMB0.73 per ADS last year. Adjusted losses per ADS for the quarter were RMB1.93 or $0.27. Second-quarter revenues dropped to RMB3.16 billion from RMB8.70 billion last…
[Read More][1]
![durable goods 092520][2]
After reporting sharp increases in new orders for U.S. manufactured durable goods over the past few months, the Commerce Department released a report on Friday showing durable goods orders climbed much less than expected in the month of August. The Commerce Department said durable goods orders rose by 0.4 percent in August after soaring by an upwardly revised 11.7 percent in July.
[Read More ][3]