Dollar General Corp. shares rose 1.1% in premarket trade Thursday, after the retailer’s first-quarter earnings blew past estimates amid strong demand during the coronavirus pandemic. The Goodlettsville, Tenn.-based discount store chain said it had net income of $650 million, or $2.56 a share, in the quarter, up from $385 million, or $1.48 a share, in

Shares of Lumber Liquidators Holdings Inc. [: ll] surged 7.3% in premarket trading Thursday, after the wood flooring company reported a first-quarter profit that was well above expectations, but sales that came up short, including a surprise decline in same-store sales given the effects of the COVID-19 pandemic. The company swung to net income of

Shares of Burlington Stores Inc. fell 2.5% in premarket trading Thursday, after the off-price retailer reported a wider-than-expected fiscal first-quarter loss and revenue that fell more than forecast, but said sales of stores that have reopened in May have exceeded year-ago levels. The company swung to a net loss for the quarter to May 2

Nio Inc. reported Thursday a narrower-than-expected loss and revenue that fell less than forecast, but the China-based electric vehicle maker’s stock pulled back 2.2% in premarket trading after soaring 27.5% over the previous two sessions. The net loss narrowed to RMB1.72 billion ($243.3 million), or RMB1.66 a share, from RMB2.65 billion, or RMB2.56 a share,

The global case tally for the coronavirus that causes COVID-19 climbed to 5.71 million on Thursday, according to data aggregated by Johns Hopkins University. The death toll rose to 356,042. More than 2.4 million people have recovered. The U.S. has the highest case toll in the world at 1.7 million and the highest death toll

Imperial Capital downgraded Walt Disney Co. shares to underperform from in-line on Thursday, on expectations the company’s theme parks and film business will be hurt by the coronavirus pandemic. Analyst David Miller lowered his stock price target to $105 from $107, about 14% below its current level. Disney shares have climbed 21.2% in the last

Lumber Liquidators Holdings Inc. [: ll] reported Thursday a first-quarter profit that was well above expectations, but sales that were well below, including a surprise decline in same-store sales given the effects of the COVID-19 pandemic. The wood flooring company swung to net income of $12.2 million, or 42 cents a share, from a loss

Shares of Cineworld Group surged 29% in early London trade as the movie-chain operator said it negotiated a covenant waiver. Cineworld said it has increased its leverage covenant to 9.0x net debt to EBITDA for the December 2020 testing date, has agreed the terms of $110 million of additional liquidity through an increase in its

China’s ceremonial legislature has endorsed the national security law for Hong Kong, according to wire service reports. According to the South China Morning Post, 2,878 deputies voted in favor and one voting against, while six abstained. The move comes amid ratcheting tensions between the U.S. and China, with Secretary of State Mike Pompeo saying Hong

European stocks opened higher Thursday, putting the Stoxx Europe 600 on track for its fourth consecutive gain. The German DAX rose 0.7% and the U.K. FTSE 100 added 0.8%. Low-frills carrier easyJet rose over 4% after saying winter bookings are ahead of last year’s, while engine maker Rolls-Royce slumped nearly 7%. Futures on the Dow