Check out the companies making headlines in midday trading: Walgreens Boots Alliance — The stock plummeted more than 24.5% after the retail company reported third-quarter earnings results that missed Wall Street's expectations . The company also announced a cut to its full-year adjusted profit outlook and said it would...
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, D.C.Evelyn Hockstein | ReutersJPMorgan Chase said late Wednesday that the Federal Reserve overestimated a key measure of...
Stuck at home during the Covid pandemic, Megan Crozier needed a way to keep her two young children entertained. She bought an inflatable pool from Sam's Club.The pool began leaking air after just a few uses.For Crozier, chief merchant of the Walmart-owned membership club, that trashed pool — and...
Check out the companies making headlines before the bell. Micron — Shares slipped nearly 6% after the semiconductor manufacturer posted revenue guidance of $7.6 billion for its current quarter, coming in line with analyst expectations. Micron also reported a third-quarter earnings and revenue beat. GSK — Shares of the...
In an aerial view, a customer enters a Walgreens store on January 04, 2024 in San Pablo, California. Justin Sullivan | Getty ImagesWalgreens on Thursday reported fiscal third-quarter earnings that fell short of expectations and slashed its full-year adjusted profit outlook, citing a "challenging" environment for pharmacies and U.S. consumers.The...
Pedestrians cross the street in front of a H&M store in Hong Kong.Sopa Images | Lightrocket | Getty ImagesShares of H&M plunged more than 14% on Thursday morning after the company reported a smaller-than-expected increase in second-quarter profits and cast doubt over its June sales and full-year profit margin...