Game maker HasbroJustin Sullivan | Getty ImagesShares of Hasbro and Mattel sank on Thursday, as both toymakers suggested sales will slow in the fourth quarter.Hasbro's stock dropped more than 10% on Thursday, and Mattel slid more than 7%.The companies face challenges entering the critical fourth quarter, they said as...
2024 Ford F-150 RaptorFordDETROIT — Ford Motor is set to report its third-quarter earnings after the bell Thursday.Here's what Wall Street is expecting, according to average estimates compiled by LSEG, formerly known as Refinitiv.Adjusted earnings per share: 45 centsAutomotive revenue: $41.22 billionThose results would be increases of more than...
Packs of Marlboro cigarettes are displayed at a smoke shop on April 28, 2023 in San Francisco, California. Justin Sullivan | Getty ImagesAltria Group, the parent company of Philip Morris USA and the nation's largest tobacco company, reported third-quarter results Thursday that fell short of Wall Street's expectations as demand for...
Comcast Xfinity cable television installation truck parked on a street in front of a suburban home, San Ramon, California, May 17, 2018. (Photo by Smith Collection/Gado/Getty Images)Smith Collection/Gado | Archive Photos | Getty ImagesComcast has tried to move investors away from focusing on residential broadband net additions. The market...
A person walks past a Christmas lighting display in a window at Bulbs NYC lighting store near Union Square in New York City, Dec. 20, 2022.Alexi Rosenfeld | Getty ImagesShoppers are springing for holiday gifts and decorations, but bustling mall traffic, full shopping bags and large hauls under the...
The European Central Bank headquarters.Daniel Roland | Afp | Getty ImagesThe European Central Bank ended its run of interest rate hikes on Thursday, despite new upside risks to inflation from oil markets amid the Israel-Hamas war. The key rate is set to remain at a record high of 4%,...
The U.S. economy grew even faster than expected in the third quarter, buoyed by a strong consumer in spite of higher interest rates, ongoing inflation pressures, and a variety of other domestic and global headwinds.Gross domestic product, a measure of all goods and services produced in the U.S., rose...
A Southwest Airlines passenger jet lands at Chicago Midway International Airport in Chicago, Illinois, on December 28, 2022.Kamil Krzaczynski | AFP | Getty ImagesSouthwest Airlines said Thursday it plans to slow its capacity growth next year, citing moderating travel demand as booking patterns shift back to pre-pandemic norms.Southwest will...
Check out the companies making headlines in premarket trading. Hasbro — The toymaker tumbled 9.2% following a weaker-than-expected financial report for the third quarter. Hasbro earned $1.64 per share excluding items on $1.5 billion in revenue, while analysts polled by LSEG had anticipated $1.70 per share in earnings and...
CFOTO | Future Publishing | Getty ImagesPfizer on Thursday said its combination vaccine candidates targeting Covid and the flu will move to a final-stage trial in the coming months after showing positive initial results in an early to mid-stage study.That moves the pharmaceutical giant and its German partner BioNTech...