June 23, 2020
White House trade advisor Peter Navarro told a Fox News reporter that the Phase One trade deal with China was “over,” but as the stock market swooned on the comment, President Trump quickly tweeted that the deal is still in place.
Second quarter-to-date store comps are up 4.0% year-over-year and e-commerce sales in the period have increased nearly 470% as the family shoe retailer has now reopened all but one of its 390 stores.
Just a day after appointing Deloitte LLP to administer the struggling outdoor chain, JD has re-acquired substantially all of the assets of Go for £56.5 million in a “pre-pack” administration deal.
Artemis, which owns 29% of the Big Cat’s shares, is seeking to reduce that share to around 25% by issuing bonds that are convertible into Puma stock at premium over the current, coronavirus depressed price.
Park closures and other restrictions caused by the Covid-19 pandemic continues to hurt national park visits, which fell 23.0% last month to 24,916,130 down from 32,363,533 in May, 2019.