Check out the companies making headlines in after-hours trading: Domino's Pizza , Ulta Beauty — Shares surged about 8% after Berkshire Hathaway announced a new stake in the pizza chain in a regulatory filing. The Warren Buffett-led firm bought more than 1.2 million shares, making the stake worth around...
Disney is back. After several quarters of cutting costs and revamping its streaming business, CEO Robert Iger's turnaround plans is paying off: On Thursday, the entertainment giant reported strong quarterly earnings and a robust outlook for the coming year. Revenue in the fiscal fourth quarter totaled $22.57 billion, topping...
Check out the companies making headlines in midday trading: Disney — The media stock popped 7% on stronger-than-expected earnings and guidance, aided by growth in its streaming business. The company said it expects high-single-digit adjusted earnings growth in fiscal 2025. Capri , Tapestry — Both luxury apparel stocks rose...
Scene from the FX series Shogun.Source: Disney | FXDisney has done the math on separating its TV networks business, and it appears too messy to be done — at least for now.The company's chief financial officer, Hugh Johnston, said Thursday on CNBC's "Squawk Box" that the "cost is probably...
Baupost's Seth Klarman took a sizable stake in discount store Dollar General last quarter, while exiting Michael Kors-owner Capri before its megadeal to merge with Tapestry was blocked by regulators. The notable hedge fund investor built a $195 million stake in Dollar General, making it his eighth biggest holding...
Check out the companies making...
Disney is back. After several...
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.
The fintech sector is buzzing with innovations, providing ample opportunities for new entrants to make a significant impact. As a space that merges finance with technology, it’s an exciting yet challenging arena. If you are among the burgeoning number of fintech founders, ensuring that you navigate this complex landscape...
Treasure Financial has laid off 14 employees, the fintech startup confirmed to TechCrunch today. The layoffs took place in December. The move affected some 60% to 70% of the company, according to multiple sources familiar with internal operations. Sam Strasser, founder and CEO of Treasure Financial, told TechCrunch that “a need...
In this photo released by the National Transportation Safety Board, investigator-in-charge John Lovell examines the fuselage plug area of Alaska Airlines Flight 1282 in Portland, Oregon, on Jan. 7, 2024.National Transportation Safety Board via APBoeing CEO Dave Calhoun on Tuesday said the company acknowledges "our mistake," after a door...
Honda Saloon concept electric vehicleCourtesy HondaHonda Motor revealed two concept cars Tuesday at the CES tech conference as a preview for a new lineup of electrified vehicles that will begin arriving in North America in 2026.The concept models are called the "Space-Hub" and "Saloon," which the first production "Honda...
The crew members of the Artemis 2 mission of the U.S. space agency NASA, left to right, Reid Wiseman Victor Glover, Christina Koch and Jeremy Hansen, stand at a press event in the ArianeGroup building.Hauke-Christian Dittrich | Picture Alliance | Getty ImagesNASA is pushing back the schedule for upcoming...
An Alaska Airlines Boeing 737 Max 9 aircraft is grounded at Los Angeles International Airport in California on Jan. 8, 2024.Eric Thayer | Bloomberg | Getty ImagesAircraft manufacturer Boeing will revise inspection instructions for its 737 Max 9 planes after a panel blew out midflight last week during an...
