Next Week Features Inflation, Retail Sales Data
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CHICAGO – Kia Motors is adding a hybrid model to its Carnival minivan to meet increasing consumer demand for the technology and assist in meeting tightening federal fuel economy standards.Hybrids are a growing option for automakers as they strive to make vehicles more efficient and avoid costly federal fuel...
Sen. Bernie Sanders, left, appears at a news conference with Sen. Ed Markey on issuing subpoenas for pharmaceutical company CEOs to testify regarding drug prices, in the Capitol, Jan. 25, 2024.Bill Clark | Cq-roll Call, Inc. | Getty ImagesSenators are questioning the CEOs of Johnson & Johnson, Merck and...
The New York Stock Exchange welcomes executives and guests of Roblox in celebration of its direct listing, March 10, 2021.NYSERoblox reported results for the fiscal fourth quarter Wednesday that beat consensus estimates on the top and bottom lines. Shares closed up more than 10%.Here's how the company did:Losses...
The interior of an Under Armour store is seen on November 03, 2021 in Houston, Texas.Brandon Bell | Getty ImagesUnder Armour said Thursday that its holiday-quarter sales slowed, but its earnings beat estimates as the athletic apparel retailer worked to rein in costs.Soft demand in North America and a...
Check out the companies making headlines before the bell. Disney — Shares jumped 7.8% after the entertainment giant announced a 50% increase to its dividend and higher-than-expected fiscal first-quarter earnings at $1.22 per share, compared to the consensus forecast from LSEG of 99 cents. Also lifting the stock was...
A Spirit Airlines plane awaits takeoff at LaGuardia Airport in New YorkLeslie Josephs/CNBCSpirit Airlines' fourth-quarter loss narrowed to nearly $184 million, but its CEO said the carrier is back on the path to profitability and the domestic air travel market is improving.The carrier is trying to find its footing...