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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Sep 09, 2021
Page
8
Wall Street anticipates Dave & Buster's Entertainment will report a profit in its fiscal second quarter as revenue surges. Analysts say the restaurant and arcade chain benefited from easing pandemic restrictions and earlier results showed the company ending four straight quarterly losses in the February-April period.
Joshua Shapiro of Maria Fiorini Ramirez Inc. notes the paradox of a tight labor market with 8.4 million Americans unemployed and many available jobs remaining unattractive due to low quality. He urges focus on job quality as demand persists.
Markets retreated amid signs of slower U.S. growth from a renewed virus spike and supply chain strains. Sherwin-Williams, a paint maker, cut its Q3 sales forecast due to chain issues. a homebuilder warned of material shortages. General Mills rose on a positive update. Sanofi agreed to acquire a biopharma company for about 1.9 billion dollars.
Wesley Healthcare reports staff shortfalls and a growing number of mostly unvaccinated patients as seasonal respiratory and flu cases loom. The Kansas City Star cites UM Kansas Health System deaths, Labor Day COVID-19 surges, and LMH Health warning that the pandemic remains costly, urging precautions and vaccination.
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