Check out the companies making headlines in midday trading. Wayfair — Shares of the digital home goods retailer surged 10% after the company said it will lay off 13% of its global workforce , including 19% of its corporate team, in an effort to cut out layers of management...
Check out the companies making headlines before the bell. Wayfair — Shares of the digital home goods retailer surged nearly 12% premarket after the company said it will lay off 13% of its global workforce , including 19% of its corporate team, in an effort to cut out layers...
Check out the companies making headlines after the bell : PPG Industries — Shares of the paint and coatings firm slid 1% after PPG Industries issued guidance for first-quarter earnings that came in below analyst expectations, according to FactSet. The lower end of PPG's range for full-year earnings guidance...
Check out the companies making the biggest moves midday. Apple — Shares of the iPad maker jumped nearly 3%, leading the rebound in the Nasdaq Composite. The rally came after Bank of America upgraded Apple to buy from neutral. The bank cited a stronger multiyear iPhone upgrade cycle as...
Check out the companies making headlines before the bell. Discover Financial Services — The financial services stock dropped more than 7% after posting mixed fourth-quarter results. Discover topped revenue expectations but posted a decline in earnings from a year ago as it took a large provision for potential loan...
Check out the companies making headlines after hours. Discover Financial Services — Shares dropped nearly 7% after Discover Financial Services reported fourth-quarter results. The financial services company reported quarterly revenue of $4.20 billion that topped estimates of $4.10 billion, according to analysts polled by LSEG. GAAP earnings of $1.54...
Check out the companies making headlines in midday trading. Spirit Airlines , JetBlue Airways — Spirit Airlines and JetBlue Airways respectively slid 22% and 8% a day after a federal judge blocked JetBlue's proposed $3.8 billion acquisition of Spirit. Following the ruling, Bank of America downgraded Spirit to an...
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 midday trading. Apple — Shares slid 1.8% after the company offered discounts on multiple products in China, a highly unusual move for the technology giant. Products on sale include its new iPhone 15 line. PayPal — Shares of the payment company slid...
Check out the companies making headlines before the bell: Goldman Sachs — Goldman Sachs shares rose 1.3% after the Wall Street firm reported $11.32 billion in revenue, topping the LSEG consensus estimate of $10.80 billion. Earnings per share came in at $5.48, but it was not immediately clear if...