February 17, 2020 Anta Sees Coronavirus Impact Recovery in H2 “At the Soonest”
Citing extended store closures, adjustments to its business to comply with local health authority rules and the disruption in its supply chain, the Chinese sportswear giant posted a voluntary announcement that said the COVID-19 virus will “inevitably” affect its H1 results without offering any specifics on the magnitude. Standard & Poor’s Revises Boardriders Outlook to Negative
The ratings agency maintained its “B-” issuer credit rating on the PE-owned Quiksilver and Billabong parent, but lowered its outlook to negative based on 2019 results and 2020 guidance provided by the company to S&P. Firearms Trade Was Mixed in November
Handgun imports were up 2.0% for the month to 208,808 units as a 6.9% improvement in pistol imports more than offset a 38.2% drop in revolvers, according to ITC data compiled by the NSSF.
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