Check out the companies making headlines in midday trading: Delta Air Lines — Shares of the airline surged 9% on better-than-expected results for the fourth quarter. Delta posted adjusted earnings of $1.85 per share on $14.44 billion of revenue. That surpassed the LSEG forecast of $1.75 per share and...
Constellation Brands put up such disappointing quarterly results before Friday's opening bell that we're having second thoughts about whether the beer, wine and spirits stock still belongs in the portfolio. Net sales for the three months ended Nov. 30 were largely flat year over year, coming in at $2.46...
December's job report marked yet another month of stronger-than-expected growth, with gains coming from many different parts of the U.S. economy.Last month, health care and social assistance jobs saw the largest gains for a third consecutive month, adding 69,500 to payrolls, according to data from the Bureau of Labor...
A jobseeker holds flyers during the New York Public Library's annual Bronx Job Fair & Expo at the the Bronx Library Center in the Bronx borough of New York, US, on Friday, Sept. 6, 2024.Yuki Iwamura | Bloomberg | Getty ImagesThe unemployment rate fell for Black women in December,...
A ''Now Hiring" sign hangs above the entrance to a McDonald's restaurant in Miami Beach, Florida.Joe Raedle | Getty ImagesJob growth was much stronger than expected in December, possibly providing the Federal Reserve less incentive to cut interest rates this year.Nonfarm payrolls surged by 256,000 for the month, up...
Check out the companies making headlines in premarket trading. Delta Air Lines — The airline stock popped 6% on stronger-than-anticipated fourth-quarter earnings. Delta posted adjusted earnings of $1.85 per share in $14.44 billion in revenue. That surpassed the EPS of $1.75 and $14.18 billion in revenue expected by analysts...
People walk by a Walgreens on Nov. 3, 2024 in Brookline, Massachusetts.Danielle DeVries | CNBCWalgreens on Friday reported fiscal first-quarter earnings and revenue that topped expectations, as it shutters stores and cuts other costs to steer itself out of a rough spot.Here's what Walgreens reported for the three-month period...
Ed Bastian, CEO of Delta Airlines, speaking on CNBC's Power Lunch on Dec. 17th, 2024.Adam Jeffery | CNBCDelta Air Lines' first-quarter outlook on Friday topped analyst expectations as the carrier forecast strong travel demand to start the year, which CEO Ed Bastian said will likely be the carrier's best...
The logo for Taiwan Semiconductor Manufacturing Company is displayed on a screen on the floor of the New York Stock Exchange on Sept. 26, 2023.Brendan Mcdermid | ReutersTaiwan Semiconductor Manufacturing Co. posted December quarter revenue that topped analyst estimates, as the company continues to get a boost from the...
The December jobs report is likely to provide only limited clarity on where the labor market is headed, with experts differing on how pronounced a slowdown there is in hiring.From a consensus view, economists expect the Bureau of Labor Statistics on Friday morning to report a gain of 155,000...
Constellation Brands put up such...
December's job report marked yet...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
Taylor Swift performs onstage during her The Eras Tour at Lumen Field in Seattle, July 22, 2023.Mat Hayward/tas23 | Getty Images Entertainment | Getty ImagesTaylor Swift is already a superstar. Now, she's about to put up superhero-style numbers at movie theaters.Days after the pop icon announced her Eras Tour...
David Kowach, former head of Wells Fargo Advisors, and his new firm, &Partners, took another step closer to coming to market last week when Kowach and his partners acquired a broker-dealer and registered investment advisor with $663.8 million in assets, according to filings with regulators. The firm, Wiley Bros.-Aintree...
Westend61 | Westend61 | Getty ImagesExperts have been pointing to a coming downturn for the U.S. economy. The question was when.Now, however, some firms and experts are walking back those predictions, calling into question the validity of once-trusted recession indicator known as the yield curve inversion."While it is true...
Robert Galbraith | ReutersThe Federal Trade Commission last week allowed Amgen to move forward with its $27.8 billion acquisition of Horizon Therapeutics under a settlement agreement – a move that could have ramifications for a string of other pharmaceutical industry buyouts.Some Wall Street analysts said the FTC's decision to...
Fidelis Capital, a registered investment advisor, announced Tuesday that a team that oversaw $4.5 billion in assets at Bank of America Private Bank has joined the firm. The team from BofA, which will operate from an office in Washington, D.C., includes wealth strategist Christopher Tate, portfolio manager Michael Sellers, fiduciary...
In this photo illustration, the Warner Bros. Discovery logo is displayed on a smartphone screen.Rafael Henrique | SOPA Images | Lightrocket | Getty ImagesOccidental Petroleum, Halliburton, EOG Resources — Shares of oil and gas companies were higher Tuesday after Saudi Arabia earlier extended its one million barrel per day voluntary...
