Latest in Company’s Stock
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Companies’ earnings reports increase volatility of US stocks
Share prices swing as high valuations and uncertain outlook put investors on edgeWorld - Financial Times - October 26 -
AT&T’s stock rises as subscriber beat overshadows a big charge
The telecom giant took a $4.4 billion goodwill impairment charge related to its business-wireline unit, which is under pressure as business customers cut back on legacy voice services.Business - MarketWatch - October 23 -
Biogen’s stock hit by soft sales of Alzheimer’s treatment
“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.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 stock sinks after lackluster Q4 guidance, election distraction
EBay reported better-than-expected earnings for the third quarter, but the results were overshadowed by a disappointing forecast for the current period.Business - CNBC - October 30 -
Bristol Myers’s stock pops as earnings top estimates and company raises guidance
The company says it “made important strides in the third quarter.”Business - MarketWatch - October 31 -
Merck’s stock slides as Q3 earnings beat estimates, but company lowers guidance
Merck’s stock fell Thursday morning, despite the company beating profit and sales estimates for the third quarter.Business - MarketWatch - October 31 -
Freshpet’s stock jumps premarket after earnings beat and company raises guidance
Sales rose more than 25% for a 25th straight quarterBusiness - MarketWatch - 4 days ago -
Toast’s stock soars after company swings to profit and revenue beats estimates
Toast Inc.’s stock soared in after-hours trade Thursday, after the digital-payment platform for restaurants posted better-than-expected revenue for the third quarter, offsetting a profit miss.Business - MarketWatch - 18 hours ago -
Longboard Pharmaceuticals’ stock soars amid Lundbeck’s $2.6 billion deal to acquire the company
H. Lundbeck plans to acquire Longboard Pharmaceuticals in a $2.6 billion deal, the companies announced Monday.Business - MarketWatch - October 14 -
Walgreens’ stock has best day in 16 years as company plans to close 1,200 stores
Walgreens’ stock has been hammered this year as consumer shopping patterns have changed, but its CEO says store closures “will realign our footprint to a healthier store base.”Business - MarketWatch - October 15 -
Phunware stock climbs 18% after mobile-advertising company touts generative AI
Shares of Phunware Inc. rose 17.6% on Wednesday after the mobile-advertising software company gave a business update and announced the development of a new generative-AI platform.Business - MarketWatch - October 16 -
CVS cuts outlook yet again — while swapping out CEO for a company veteran
“The shift in management is not surprising as the company looks to level set its operations and strategically position itself for future growth,” analyst said.Business - MarketWatch - October 18 -
Centene’s stock soars 11% after earnings sweep past estimates and company backs guidance
Chief Executive Sarah M. London said the company had navigated a “dynamic landscape” in the quarter amid turmoil in the Medicaid business.Business - MarketWatch - October 25 -
Trump's social media company is now worth more than Musk's X after recent surge in stock price
Donald Trump’s Truth Social is now worth more than Elon Musk’s XTech - ABC News - October 29 -
Peloton’s stock soars 30% after company names Apple Fitness+ co-founder as new CEO
Peloton announced the appointment of Peter Stern as new CEO effective Jan. 1. Stern is the co-founder of Apple Fitness+ and has done stints at Ford Motor Co. and Time Warner Cable.Business - MarketWatch - October 31 -
Exxon Mobil’s profit beat offsets revenue shortfall in first quarter after Pioneer Natural deal
Exxon Mobil Corp.’s third-quarter earnings on Friday showed a profit beat that offset a revenue miss, while the company boosted its quarterly dividend by 4%.Business - MarketWatch - November 1 -
Charter’s broadband saga may have bottomed. Has its stock done the same?
Charter shed 110,000 internet customers in the quarter, but a MoffettNathanson analyst thinks the rate of decline has bottomed out.Business - MarketWatch - November 1 -
Archer Daniels’ stock slides 8% on profit warning as company says it will restate past financials
Archer Daniels Midland Co.’s stock tumbled 6% early Tuesday, after the food-processing and ethanol giant published guidance for the third quarter that lags estimates and said it would restate prior ...Business - MarketWatch - 3 days ago -
Carl Icahn’s investment arm’s stock slides after company again halves dividend
Icahn Enterprises LP’s stock fell 7% early Friday, after a report that Carl Icahn’s investing arm is planning to cut its dividend to help raise the funds to expand his stake in portfolio company ...Business - MarketWatch - 2 hours ago -
Green Thumb Industries looks past ‘tricky time’ for cannabis stocks as the company notches another profit
Green Thumb’s Ben Kovler says the big drop in canna stocks this week isn’t causing the Chicago-based company to change course.Business - MarketWatch - 3 hours ago -
Companies brace for Tuesday: Mentions of election surge on earnings conference calls
More companies are talking publicly with investors about the presidential election than in recent cycles.Business - CNBC - 6 days ago -
Stocks soar on Trump win
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump victory sends stocks, crypto soaring Stocks skyrocketed Wednesday after ...Politics - The Hill - Yesterday -
Don’t bet on a taxing outcome for UK gambling companies
Fears that money would flow from the regulated sector has long deterred action against the industryBusiness - Financial Times - October 14 -
Britain’s summer riots paid off for one company
Mitie Group, a provider of outsourcing services, said the provision of “surge response” security services for the U.K. Home Office was one factor behind a 13% rise in revenue in the first halfBusiness - MarketWatch - October 15 -
House Democrats call on companies to retain DEI program
Forty-nine House Democrats signed an open letter to Fortune 1,000 chief executives asking them to affirm their commitment to their workplace equality initiatives, amid heightened backlash and legal ...Politics - The Hill - October 15 -
SAG-AFTRA and game companies resume negotiations
The SAG-AFTRA talent union has resumed negotiations with video game companies around rules for using AI for voice acting in games.Tech - VentureBeat - October 15 -
Companies curb UK advertising spending ahead of the Budget
Marketing budgets fail to grow for the first time in 14 quarters, trade body findsBusiness - Financial Times - October 16 -
Why Everyone in Your Company Should Be a Salesperson
The country’s top sellers shared their advice at the Inc. 5000 Conference.Business - Inc. - October 17