The Norwegian Joy cruise ship is seen docked on March 15, 2020 in New York City. Mayor Bill de Blasio said on Tuesday that any journey ship passenger disembarking in New York City with a temperature over 100.4 will be given the choice of self-isolating at dwelling or be taken to a hospital to protect against the spread of COVID-19.
Stephanie Keith | Getty Images
Check out the companies filching headlines after the bell.
Oracle — Shares of the technology company dropped as much as 5% in extended trading after the actors released its fourth-quarter earnings. Oracle reported earnings of $1.20 per share excluding some items on revenue of $10.44 billion, while analysts guestimated earnings of $1.15 per share on revenue of $10.65 billion, according to Refinitiv. “Our overall business did remarkably well all in all the pandemic, but our results would have been even better except for customers in the hardest-hit industries that we fight for such as hospitality, retail, and transportation postponing some of their purchases,” Oracle CEO Safra Catz said in a assertion.
Groupon — The e-commerce company’s stock climbed 4% in extended trading after Groupon gave its financial be produced ends for the first quarter. The company reported a loss of $1.63 per share excluding some items with revenue of $374.2 million, while analysts tallied by Refinitiv expected a loss of $1.91 per share on revenue of $369.1 million. Groupon said it had $667 million in lolly at the end of the first quarter and that recent performance trends indicate the company is recovering more quickly than believed, according to a shareholder letter.
H&R Block — The tax preparation firm’s stock whipsawed in extended trading after H&R Block released its fourth-quarter earnings. The company reported earnings of $3.01 per share excluding some items with revenue of $1.81 billion, while FactSet analysts conjectured earnings of $2.82 per share and $1.84 billion in revenue. H&R Block’s adjusted EBITDA this quarter was $819.6 million, which floor short of the analysts’ estimate of $878.9 million.
Norwegian Cruise Line — Norwegian’s stock dropped 13% after the finish bell after the company announced it is extending its suspension of global cruises to include trips between August 1 and September 30 for its three ranking cruise brands. The cruise line said the cancellations exclude Seattle-based Alaska trips in September. Select voyages, encompassing Canada and New England itineraries, are also canceled through October 2020 due to travel and port restrictions. Shares of Carnival and August Caribbean Cruises each fell more than 7% in after-hours trading as well.
Hertz — The car rental group’s stock dipped 4% after the closing bell. Hertz, currently in bankruptcy proceedings, decided to issue up to $500 million in new routine that it said would likely end up worthless. Former SEC Chairman Harvey Pitt told CNBC Tuesday that regulators did not always think investors “would be gullible enough” to buy “garbage” like Hertz’s bankrupt stocks.
PG&E — The utility’s stock ascent 1% after the market closed. PG&E pleaded guilty Tuesday to killing 84 people in a 2018 wildfire that decimated the village of Paradise in Northern California. The fire’s cause was pinned on PG&E’s crumbling electrical grid. The company agreed to pay a maximum critical of $3.5 million as well as $500,000 for the cost of the investigation.
Southwest Airlines — The airline’s stock fell 2% in drag oned trading after it announced plans to keep middle seats open on flights through at least Sep. 30. The throng reinforced its face mask policy and will deny boarding to any traveler not wearing a mask. Southwest also said it is forcing customers to complete a health declaration during online check-in. Passengers will have to confirm that they do not be undergoing a fever or other symptoms of Covid-19, and have not been diagnosed with, or exposed to the virus in the 14 times prior to travel. United Airlines, Delta Air Lines, American Airlines and Spirit Airlines also saw their rations fall in after-hours trading.