Alexandra Lebenthal, former CEO of Lebenthal & Co., has joined Rockefeller Capital Management as a managing director and senior banker in the firm’s strategic advisory division. At Rockefeller, “I will lead investment banking coverage for financial sponsors and continue my work with women-led and -owned businesses,” Lebenthal said in an...
E.l.f. Beauty raised its full-year outlook for the second quarter in a row on Wednesday after posting another 76% year-over-year sales jump, beating Wall Street's expectations. The cosmetics company, known for its viral TikTok marketing and middle-of-the-road pricing, also saw profits nearly triple compared with the year-ago period. Shares jumped about...
The Tinder logo displayed on a smartphone.Rafael Henrique | SOPA Images | LightRocket | Getty ImagesMatch Group, the parent company of dating apps Tinder and Hinge, is trading at its lowest price since it spun out into a separate company from IAC in July 2020. The stock closed down...
The Netflix logo is displayed at its corporate offices in Los Angeles on Sept. 25, 2023.Mario Tama | Getty ImagesNetflix said Wednesday its cheaper, ad-supported tier has amassed 15 million global monthly active users.That's triple the most recent figure, disclosed in May, and notable growth for Netflix as it...
A SpaceX Falcon Heavy rocket launches on its mission with a classified payload for the U.S. Space Force at Cape Canaveral, Florida, U.S., November 1, 2022.Steve Nesius | ReutersThe U.S. Space Force assigned 21 rocket launches to SpaceX and United Launch Alliance, worth about $2.5 billion in total, the...
The Federal Reserve held interest rates at a 22-year high for a second straight meeting, while suggesting that the recent rise in Treasury yields may weigh on the economy and inflation. “Tighter financial and credit conditions for households and businesses are likely to weigh on economic activity, hiring, and inflation,”...
Southwest Airlines Boeing 737-700 aircraft as seen landing at dusk time at Ronald Reagan Washington National Airport DCA in Arlington County, Virginia over the Potomac River in the United States of America flying over water and buildings.Nicolas Economou | Nurphoto | Getty ImagesSouthwest Airlines flight attendants would get 36%...
Choreo, a Chicago-based registered investment advisor, is acquiring the wealth management business of accounting firm BDO USA, which oversees roughly $8.1 billion in assets under advisement or management, the firm announced Wednesday. The transaction closed Tuesday, the firm announced; terms were not disclosed. Choreo also announced that it is joining the...
Check out the companies making headlines in midday trading. Advanced Micro Devices — The stock added 8% after the chipmaker beat analysts' expectations for its third-quarter earnings . The company also offered positive 2024 guidance for artificial intelligence GPU revenue. Generac — The generator builder popped more than 15% after...
