Fs Productions | Tetra Images | Getty ImagesBlack men lost ground in the workforce last month, marking a continuation of the disparities that have permeated the U.S. labor market.Black males who were at least 20 years old saw an unemployment rate of 5.3% in January, up from 4.6% in...
Check out the companies making headlines in midday trading. C.H. Robinson — Shares tumbled 11.6% following a worse-than-expected earnings report. The logistics company earned 50 cents per share on an adjusted basis on revenue at $4.22 billion. Meanwhile, analysts polled by LSEG forecasted earnings of 81 cents per share...
Check out the companies making headlines in after-hour trading. Woodward — Shares jumped 5% after the manufacturer surpassed expectations of analysts polled by FactSet on both lines for the fiscal first quarter. Woodward also raised its guidance for full-year performance, offering ranges that included FactSet consensus estimates. Sanmina —...
Check out the companies making headlines in premarket trading. Spirit Airlines , JetBlue Airways — The airline stocks slid after a federal judge blocked JetBlue Airways' proposed $3.8 billion acquisition of Spirit Airlines. Following the move, Bank of America Securities moved Spirit Airlines to an underperform rating, from no...
Check out the companies making headlines in premarket trading. Crypto stocks – Stocks that give investors exposure to bitcoin fell in tandem with the cryptocurrency's price after the X account of the Securities and Exchange Commission was briefly compromised and posted a false announcement late Tuesday of a bitcoin...
Check out the companies making headlines in midday trading. Intel — The semiconductor stock added 4.6% after Israel's government announced a $3.2 billion grant. The grant will be for Intel to build a $25 billion chip plant in southern Israel, which will mark the company's largest investment ever in...
Grocery items are offered for sale at a supermarket on August 09, 2023 in Chicago, Illinois.Scott Olson | Getty ImagesWhen Kyle Connolly looks back at 2023, she sees it as a year defined by changes and challenges.The newly single parent reentered the workforce, only to be laid off from...
Check out the companies making headlines in premarket trading. Nike — Shares tumbled 12.1% after the athletic retailer slashed its sales guidance and announced plans to cut costs by around $2 billion over the next three years. Nike also posted its second straight quarter of worse-than-expected revenue, which hasn't...
Check out the companies making headlines in premarket trading. Tesla — Shares fell 1.2% after U.S. safety regulators said Tesla will recall more than 2 million vehicles to fix issues with its driver assistance system. The electric vehicle maker will send out a software update to fix the problem,...
Check out the companies making headlines in midday trading. Oracle — The software provider tumbled 11% Tuesday, a day after reporting lower revenue than analysts expected for the fiscal second quarter . Oracle posted $12.49 billion in revenue, below the consensus estimate of $13.05 billion from analysts polled by...