Latest in Flagstar, formerly NYCB, reports a wider than expected loss as charge offs jump
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Flagstar, formerly NYCB, reports a wider-than-expected loss as charge-offs jump
The bank formerly known as NYCB reported another wider-than-expected quarterly loss and provided a downbeat outlook.Business - MarketWatch - October 25 -
Snap shares jump after results come in better than expected
Shares of Snap Inc. rose after hours on Tuesday after the social-media platform reported third-quarter results that beat expectations and said its board authorized a stock buyback of up to $500 ...Business - MarketWatch - October 30 -
UBS reports better than expected profits
Swiss bank’s markets business helped by increase in volatilityBusiness - Financial Times - October 30 -
Sony raises guidance on gaming strength, quarterly operating profit beats estimates
Sony raised sales guidance for the full year and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business.Business - CNBC - November 8 -
McDonald’s CEO apologizes for E. coli outbreak, as fast-food giant’s earnings beat estimates
McDonald’s is encouraged by signs of progress in the third quarter.Business - MarketWatch - October 29 -
British Airways owner IAG reports bigger than expected profits
Passenger demand in key transatlantic routes and within Europe boosts earningsBusiness - Financial Times - November 8 -
China October exports record highest jump in 19 months, imports decline more than expected
The world's second largest economy has been grappling with weakening domestic consumption and a protracted property crisis, with exports being a rare bright spot.Business - CNBC - November 7 -
Trump’s ‘DJT’ reports narrowing quarterly loss on Election Day. Stock jumps after hours following regular-session slump.
Investors in the parent of Trump’s Truth Social appeared to suddenly turn pessimistic toward the former president’s odds of winning at the polls as Election Day progressed.Business - MarketWatch - November 6 -
Mulberry Posts Wider Pretax Loss as Group Prepares Turnaround
The group’s pretax loss widened on lower revenues as the fashion brand undertakes a strategy review under its new CEO.Business - The Wall Street Journal - 2 days ago -
Novavax’s stock slides 7% as guidance cut offsets narrower-than-expected third-quarter loss
Novavax Inc.’s stock fell 4% Tuesday after the company cut its full-year guidance, offsetting a narrower-than-expected third-quarter loss and better-than-expected revenue.Business - MarketWatch - November 12 -
ADP jobs report shows 233,000 gain in private-sector hiring — much stronger than expected
U.S. businesses 233,000 new jobs in October to mark the biggest gain in 14 months, paycheck company ADP said, suggesting the labor market is somewhat stronger than previously believed.Business - MarketWatch - October 30 -
AMC reports better-than-expected Q3 results amid improving box office
AMC Entertainment Holdings reported better-than-expected third-quarter revenue and a narrower loss after market close Wednesday, with the movie-theater chain and original meme stock pointing toward ...Business - MarketWatch - November 7 -
Prison stocks jump on expectations of more detentions
Shares of GEO Group and CoreCivic surged on Wednesday in expectation that President-elect Donald Trump’s administration will detain more immigrants in facilities run by the companies.Business - MarketWatch - November 6 -
Seadrill stock jumps on report of talks with Transocean
Shares of Seadrill rallied early Thursday after a report the offshore drilling company is in talks to merge with Transocean.Business - MarketWatch - October 24 -
Viking Therapeutics’ weight-loss pill shows ‘great outcome’ in trial
The stock, which enjoys the unusual position of having all buy ratings from the 13 analysts offering coverage on FactSet, has been on a tear this year, gaining 270% to date in 2024.Business - MarketWatch - November 4 -
Tesla shares leap 22% after Musk predicts sales rebound
EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next yearBusiness - Financial Times - October 24 -
Tesla shares jump in third-quarter earnings even as expected revenue is lower
After two slow quarters, Elon Musk’s electric-vehicle maker reports higher-than-expected earnings per share. Tesla shares saw a 12% jump after the company reported its third-quarter earnings on ...World - The Guardian - October 23 -
Barclays shares hit nine-year high after third quarter profit jumps 23%, beating expectations
British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.Business - CNBC - October 24 -
Novo Nordisk shares jump 8% after Wegovy sales beat expectations
Novo Nordisk on Wednesday reported third quarter earnings broadly in line with expectations and narrowed its 2024 full-year growth guidance.Business - CNBC - November 6 -
Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit
The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.Business - The New York Times - October 31 -
Tesla’s stock jumps on report Trump team to create rules for self-driving cars
Tesla stock rocketed on Monday on a report President-elect Donald Trump’s team will make rules for self-driving cars a priority.Business - MarketWatch - 3 days ago -
The US consumer is fine (but no better)
Aggregates conceal a lotWorld - Financial Times - Yesterday -
Patriots waive cornerback after loss to Rams
The Patriots waived cornerback Marco Wilson on Monday.Sports - Yahoo Sports - 2 days ago -
McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms
Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.Business - CNBC - October 29 -
McDonald's surpasses earnings expectations in Q3 report
Fast food giant McDonald's reported its third quarter results Tuesday morning with revenue beating Wall Street's expectations at around $6.9 billion. CBS MoneyWatch correspondent Kelly O'Grady has ...Top stories - CBS News - October 29 -
Starbucks CEO pledges to fundamentally change strategy as sales fall for third straight quarter
Investors are expecting that Niccol will share more details about his turnaround strategy during the company's conference call, scheduled for 5 p.m. ET.Business - CNBC - October 30 -
Report: Giants expected to reduce payroll for 2025 season
The San Francisco Giants reportedly are expected to reduce their adjusted payroll for the 2025 MLB season.Sports - Yahoo Sports - November 9 -
Inflation ticks up slightly in October, report shows
A new report shows a slight increase in inflation for the month of October, up to 2.6% compared to 2.4% in September. NBC’s Christine Romans reports for TODAY on what it signals about the economy.Top stories - NBC News - November 13 -
Viking Therapeutics is more than just a weight-loss stock, and that’s drawing cheers
The biotech’s liver-disease treatment is also viewed as best-in-class, earning it a full slate of buy ratings from analysts.Business - MarketWatch - 2 hours ago -
How Trump’s Win Helps Him Fight Off His Legal Charges
By triumphing at the ballot box, Donald Trump can dispense with federal charges against him while postponing or derailing other pending cases that have dogged him.Top stories - The New York Times - November 6 -
What happens when a credit card charge-off is sold to a debt collector?
Has your charged-off debt been sold to a debt collector? Here's what you can expect to happen next.Top stories - CBS News - November 6 -
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UK inflation fading faster than expected, says BoE governor
But Andrew Bailey wants to see a further decline in services price growthBusiness - Financial Times - October 23 -
Reddit shares soar 22% on earnings beat and better-than-expected forecast
Reddit reported third-quarter results that exceeded analysts' estimates and gave a forecast for the current period that was well ahead of estimates.Business - CNBC - October 29 -
U.S. economy grew at a 2.8% pace in the third quarter, less than expected
Gross domestic product was expected to increase at a 3.1% annualized pace in the third quarter.Business - CNBC - October 30