Latest in Abercrombie & Fitch’s profit beats analysts’ estimates but freight costs loom as stock falls
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JetBlue’s stock tumbles as downbeat revenue outlook raises risk of more losses
JetBlue’s stock sinks after Q3 results beat expectations but the Q4 revenue outlook disappointed.Business - MarketWatch - October 29 -
Chipotle’s new CEO maintains focus on faster service as sales fall short
Shares of Chipotle Mexican Grill Inc. fell after hours on Tuesday after the Mexican fast-casual chain reported quarterly sales trends that were a bit weaker than expected.Business - MarketWatch - October 30 -
Roku’s stock sinks after streaming company posts another quarterly loss
Roku Inc.’s stock fell in after-hours trade Wednesday, after the streaming platform posted another quarterly loss and flat average revenue per user.Business - MarketWatch - October 31 -
EBay’s sales outlook comes in weaker, and stock falls more than 7%
EBay’s slightly better-than-expected quarterly earnings were no match for a weaker sales outlook.Business - MarketWatch - October 31 -
Wendy’s stock falls as same-restaurant sales miss again, by a wide margin
Shares of Wendy’s Co. were knocked lower on Thursday after the fast-food burger chain missed same-restaurant sales expectations again, by the widest margin in more than four years.Business - MarketWatch - October 31 -
Why most healthcare stocks are falling with Trump’s win, with some exceptions
Investors are worried about what a Trump administration means for hospital operators and vaccine makers, but are optimistic about the fate of Medicare Advantage plan providers.Business - MarketWatch - November 6 -
Mortgage rates surge higher on Trump victory, causing housing stocks to fall
Lennar, D.R. Horton and PulteGroup were all down Wednesday. Retailers Home Depot and Lowe's were also lower.Business - CNBC - November 6 -
Hong Kong stocks fall as China’s stimulus package disappoints
Hang Seng index down 1.5% after Beijing unveils $1.4tn plan to restructure local government debt but no consumer supportBusiness - Financial Times - November 11 -
Super Micro’s stock falls further as it faces new hurdle with filing deadlines
The server maker disclosed it will be late with its quarterly filing in addition to its past annual one. Super Micro also said it needs additional time to find a new auditor.Business - MarketWatch - November 13 -
Tapestry’s stock soars and Capri erases losses as fashion giants scrap merger deal
Tapestry Inc.’ stock soared Thursday, while Capri Holdings Inc.’s stock erased losses to gain 4%, after Tapestry said it’s terminating its $8.5 billion merger agreement with its smaller rival.Business - MarketWatch - November 14 -
Vaccine maker stocks fall as Trump chooses RFK Jr. to lead HHS
Shares of Moderna, Novavax, Pfizer, BioNTech and GSK closed lower on Thursday.Business - CNBC - November 15 -
Burlington’s stock falls as warm weather hurts its coat sales
“Our third quarter comp trend started out very strongly, but then warmer temperatures from mid-September onwards slowed our sales momentum,” the company’s CEO said.Business - MarketWatch - Yesterday -
Shares in UK retailers fall as sector counts cost of NICs tax rise – business live
Rolling coverage of the latest economic and financial news. Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy . Yesterday’s cut to UK interest rates doesn’t seem to have ...World - The Guardian - November 8 -
Lowe's beats on earnings and hikes guidance, but still expects sales to fall this year
Lowe's topped quarterly earnings and revenue estimates, but even its raised sales outlook would be a decline from last year.Business - CNBC - November 19 -
BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit
British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.Business - CNBC - October 29 -
Ceramic mugs, condiment bars and comfier seats are coming to more Starbucks stores, as new CEO looks to re-caffeinate sales
Starbucks Corp. on Wednesday said its latest quarterly results “do not reflect the strength of our brand,” and said it needed to make fundamental changes to bring back customers.Business - MarketWatch - October 31 -
Macy’s employee hid up to $154 million in delivery costs, and stock takes a dive
Macy’s identified a single employee who made “erroneous” accounting entries to hide up to $154 million in delivery expenses during a three-year period.Business - MarketWatch - 2 days ago