Lyft sees adjusted profit by Q3

Source: Dukascopy Bank SA
Lyft is expecting an adjusted profit by this year's third quarter despite the coronavirus pandemic amid extra cost cuts and anticipated rebound in the ride-hail demand in the second quarter.
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Wed, 10 Feb 2021 05:50:43 GMT

GM extends car output cuts

General Motors is planning to extend its production cuts at several of its North American factories until mid-March amid the worldwide semiconductor chip shortage.

Wed, 10 Feb 2021 04:02:28 GMT

Cisco revenue slides, shares drop

Cisco Systems revenue declined for the fifth quarter in succession, due to a slowdown in demand for the company's network infrastructure products used in offices during lockdowns, sending its shares 4% down on the report.

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