Vehicles fill the parking lot of a Home Depot store in Bloomsburg. Paul Weaver | Lightrocket | Getty ImagesEven as Home Depot forecast sales declines, the retailer had good news for investors and consumers on Tuesday."I think the most important observation we've made is that the worst of the inflationary...
Check out the companies making headlines in midday trading. Azenta — The life science stock jumped 13% on Tuesday, a day after the company delivered its fiscal fourth-quarter report. In addition to beating estimates of analysts polled by FactSet on both lines, the company also issued full-year adjusted earnings...
Singer Edith PiafKeystone-france | Gamma-keystone | Getty ImagesWarner Music plans to use artificial intelligence to recreate the voice and image of French artist and singer Edith Piaf, nearly 60 years after her death, the company said Tuesday.The efforts are part of the production behind a biopic about Piaf, titled...
Inflation was flat in October from the previous month, providing a hopeful sign that stubbornly high prices are easing their grip on the U.S. economy.The consumer price index, which measures a broad basket of commonly used goods and services, increased 3.2% from a year ago despite being unchanged for...
Fisker Inc. officially revealed the Fisker Ocean all-electric luxury crossover at CES 2020 in Las Vegas.Shares of electric-vehicle startup Fisker are sinking in premarket trading Tuesday following a disappointing earnings report and a regulatory filing that raised concerns about the company's previous financial statements.Shares were down more than 17%...
Check out the companies making headlines before the bell. Fisker — The electric vehicle startup company plummeted more than 18% after missing on third-quarter earnings forecasts and reporting light vehicle deliveries. The company noted that the pace of vehicle deliveries accelerated near the end of the quarter, however. Kraft...
A Home Depot store in Livermore, California, US, on Thursday, May 12, 2022. Home Depot Inc. is scheduled to release earnings figures on May 17. Photographer:David Paul Morris | Bloomberg | Getty ImagesHome Depot's quarterly sales declined 3% from the year-ago period, but topped Wall Street's expectations as customers...
U.S. Federal Reserve Chairman Jerome Powell takes questions from reporters during a press conference after the release of the Fed policy decision to leave interest rates unchanged, at the Federal Reserve in Washington, U.S, September 20, 2023.Evelyn Hockstein | ReutersUBS expects the U.S. Federal Reserve to cut interest rates...
Fisker began deliveries of its battery-electric Ocean SUV in the second quarter of 2023.Courtesy: FiskerElectric vehicle startup Fisker on Monday reported a third-quarter loss that was wider than Wall Street expected, and said it delivered only about 1,100 Ocean electric SUVs in the third quarter.But, it said, deliveries have...
Carlos Tavares, Chief Executive Officer of Stellantis, poses during a presentation at the New York International Auto Show, in Manhattan, New York City, April 5, 2023.David Dee Delgado | ReutersDETROIT – Chrysler-parent Stellantis is offering buyouts to roughly half of its U.S. white-collar employees to reduce headcount and cut...