Check out the companies making headlines before the bell. General Motors — General Motors shares were up more than 1% in the premarket after the automaker posted third-quarter earnings and revenue that beat analyst expectations. That said, GM did pull its full-year outlook, citing rising costs from the United...
Panera Bread founder Ron Shaich led a public company for more than two decades, but that doesn't mean he's a fan of initial public offerings or Wall Street.More than six years after selling the chain for $7.5 billion, Shaich is looking back on his nearly four decades at the...
Ron Shaich, founder and then-CEO of Panera Bread, in December 2017.Scott Mlyn | CNBCPanera Bread founder Ron Shaich uses his new book, "Know What Matters," to impart lessons learned from his decades in the restaurant business — and reveals some juicy details in the process.Shaich's book charts his entrepreneurial...
A Coca-Cola truck in New York City.Alexi Rosenfeld | Getty ImagesCoca-Cola is expected to report its third-quarter earnings before the bell Tuesday.Here's what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are expecting:Earnings per share: 69 centsRevenue: $11.44 billionThe beverage giant's stock has fallen 15% this year,...
The logo of Italian international banking group UniCredit stands on the facade of the group headquarters, located in the Porta Nuova district, as seen from the viewpoint of Palazzo Lombardia on September 29, 2023 in Milan, Italy.Emanuele Cremaschi | Getty Images News | Getty ImagesItaly's UniCredit on Tuesday beat...
The Norges Bank, Norway's central bank, in Oslo, Norway, on Tuesday, Oct. 17, 2023.Bloomberg | Bloomberg | Getty ImagesNorway's $1.4 trillion sovereign wealth fund, the world's largest, on Tuesday reported losses of 2.1% in the third quarter, as all asset classes fell in value.The so-called Government Pension Fund Global...
LONDON — Barclays shares retreated on Tuesday as investors assessed the prospect of cost-cutting charges, pressure on domestic interest margins and weak performance in formerly strong divisions.The bank reported a net profit of £1.27 billion ($1.56 billion) for the third quarter, slightly ahead of expectations as strong results in...
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021.Rebecca Cook | ReutersDETROIT — General Motors is set to report its third-quarter earnings before the bell Tuesday.Here's what Wall Street is expecting, according to average estimates compiled by LSEG, formerly...
Check out the companies making headlines in extended trading. Redfin — Shares jumped 12%. Redfin announced that funds managed by Apollo Capital and affiliates have agreed to commit as much as $250 million in financing to the real estate brokerage through a loan, according to a filing with the...
Travelers wait to check-in at the Alaska Airlines counter at San Francisco International Airport (SFO) in San Francisco, California.David Paul Morris | Bloomberg | Getty ImagesAn Alaska Airlines flight operated by a subsidiary diverted to Portland International Airport in Oregon on Sunday after an off-duty Alaska pilot tried to...