An American Airlines aircraft departs from Ronald Reagan Washington National Airport on August 28, 2024 in Arlington, Virginia. Kevin Carter | Getty ImagesAmerican Airlines posted a third-quarter loss but raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is...
A Southwest Airlines plane takes off from Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, US, on Friday, July 12, 2024. Elijah Nouvelage | Bloomberg | Getty ImagesSouthwest Airlines third-quarter profit fell from a year ago but topped Wall Street estimates while the carrier workers to drum up revenue and...
Vilnius, Lithuanian, October 24th, 2024, ChainwireBingX, a global leading cryptocurrency exchange, has fully restored its operational capacity following a recent hot wallet incident, with all deposits and withdrawals back to normal. In response to the event, BingX is unveiling its new “ShieldX” initiative, a comprehensive plan aimed at enhancing...
A general view of Hyundai signage and logo at a dealership showroom on January 22, 2024 in Southend, United Kingdom.John Keeble | Getty ImagesHyundai Motor warned on Thursday of slowing demand and intensifying competition, but stuck to its 2024 earnings target after reporting a 7% fall in third-quarter operating...
Signage shines through a window reflecting Barclays head office in Canary Wharf, London, U.K.Bloomberg | Getty ImagesLONDON — British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.The result compared with the £1.17 billion net profit forecast in an LSEG poll...
Check out the companies making headlines after the bell : T-Mobile U.S. — The telecommunications giant rose about 3% after posting a third-quarter earnings surprise to the upside. T-Mobile reported earnings per share of $2.61 on $20.16 billion in revenue, while analysts polled by LSEG had been looking for...
IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024.Stefan Wermuth | Bloomberg | Getty ImagesIBM shares moved 4% lower in extended trading on Wednesday after the hardware, software and consulting provider fell short of Wall Street's revenue expectations for the third...
Vilnius, Lithuanian, October 24th, 2024,...
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.
Check out the companies making headlines before the bell. Starbucks — Shares of the coffee giant jumped 5.6% after Starbucks' quarterly earnings and revenue exceeded analysts' expectations. The company's same-store sales also rose by 8%, driven by higher average checks and a 3% increase in customer traffic to Starbucks...
Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain.Cristina Arias | Cover | Getty ImagesEli Lilly on Thursday reported third-quarter revenue and adjusted earnings that topped estimates on strong demand for its diabetes drug Mounjaro, but slashed its full-year profit guidance due to charges primarily related to...
Revolut, the fintech giant based in the U.K., has appointed a new CEO for its U.K. division. Francesca Carlesi will be in charge of Revolut’s division in its home country — Nik Storonsky remains the CEO of Revolut Ltd. It’s worth noting that today’s news comes as Revolut still doesn’t...
For millions of people, it's time to compare benefits and prices and pick health coverage on the Affordable Care Act health insurance marketplaces.Open enrollment on those plans started on Nov. 1 and typically lasts through Jan. 15, though that will be extended to Jan. 16 in 2024 due to...
Brian Cornell, Chairman and Chief Executive Officer of the Target Corporation.Anjali Sundaram | CNBCTarget CEO Brian Cornell says shoppers are pulling back, even on groceries, as they feel stressed about their budgets.In an interview with CNBC's Becky Quick that aired Thursday morning, he emphasized that the retailer has posted...
The Biden administration has singled out annuities in the DOL’s proposed fiduciary rule, and the stakes are high for independent insurance agents. In the long-awaited proposal released Tuesday, the Department of Labor explained that financial professionals who make one-time recommendations for rollovers from 401(k) plans to annuities will not get...
Delta Airlines planes sit at Terminal 4 at John F. Kennedy Airport in New York City.Eric Thayer | Getty Images News | Getty ImagesDelta Air Lines is cutting some corporate jobs in an effort to reduce costs as the industry grapples with higher expenses such as for fuel and...
