Levi Strauss, Novavax, Disney and more


A person dressed as Minnie Mouse walks in front of the Disney store in Times Square as New York City moves into Phase 2 of re-opening during the coronavirus pandemic on June 28, 2020.

Noam Galai | Getty Images

Check out the companies making headlines after the bell

Levi Strauss – The clothing company’s stock dropped 3% in extended trading after Levi Strauss posted its second-quarter financials. Levi Strauss reported a loss of 48 cents per share excluding some items on revenue of $498 million, beating analysts’ expectations of a loss per share of 49 cents on revenues

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Stock futures flat following sell-off on Wall Street


U.S. stock futures were flat in overnight trading, following weakness in equities in the previous session. 

Dow futures rose 40 points, indicating a gain of 0.16%. The S&P 500 and Nasdaq-100 also were set to open higher, with gains of 0.08% and 0.12%, respectively. 

On Tuesday, the Dow Jones Industrial Average fell 397 points, or 1.5%, breaking a two-day winning streak. The Dow was brought down by a 4.8% drop in Boeing. The S&P 500 also registered a loss, slipping 1.1%, to break a five day win streak. 

The Nasdaq Composite lost 0.86%, after notching its 27th intra-day all-time high

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Coronavirus strains Florida health system as some hospitals run out of ICU beds in largest counties


People wait for health assessment check-in before entering Jackson Memorial Hospital, as Miami-Dade County eases some of the lockdown measures put in place during the coronavirus disease (COVID-19) outbreak, in Miami, Florida, June 18, 2020.

Marco Bello | Reuters

More than 40 Florida hospitals in multiple counties across the state have maxed out their ICU capacity or are close to running out of intensive care beds as the coronavirus outbreak across the Sunshine State worsens, according to the state’s Agency for Health Care Administration. 

As of Tuesday, more than 5,000 Florida patients were using roughly 83% of the state’s more

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Levi Strauss & Co. (LEVI) reports Q2 2020 earnings


The denim maker Levi Strauss & Co.’s sales fell 62% during its fiscal second quarter, the company announced Tuesday, as its online sales weren’t enough to make up for its stores being temporarily shut for roughly 10 weeks during the Covid-19 crisis. 

Consumers by and large have shifted away from tight pants and denim, opting instead for loungewear and pants with elastic waistbands to wear around the house — if they’re even shopping for clothes. 

Levi’s also announced it will be slashing about 15% of its global corporate workforce, impacting about 700 jobs, in a bid to cut costs during

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