Check out the companies making headlines in extended trading: Texas Instruments — The semiconductor company added 2%. Third-quarter results topped analysts' estimates, as Texas Instruments reported earnings of $1.47 per share on revenue of $4.15 billion. Analysts sought earnings of $1.38 per share and revenue of $4.12 billion, per...
Danaher shares declined Tuesday despite the life sciences company returning its key bioprocessing business to growth in the third quarter. Danaher's revenue for the three months ended Sept. 27 advanced 3% year over year on a reported basis, to $5.8 billion, outpacing the LSEG consensus estimate of $5.59 billion....
Check out the companies making headlines in midday trading: Genuine Parts — Shares fell about 20% on the back of the company's weaker-than-expected earnings for the third quarter. During the period, Genuine Parts earned $1.88 per share, excluding items, below the $2.42 per share that analysts polled by FactSet...
Interface.ai, a customer automation platform for banks and other financial institutions, today announced that it closed a $30 million funding round led by Avataar Venture Partners. $20 million of the round was equity, while the remaining $10 million was in the form of debt. It’s Interface’s first outside capital;...
Check out the companies making...
Danaher shares declined Tuesday despite...
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.
JPMorgan Chase CEO Jamie Dimon will begin to sell 1 million shares of the bank he runs next year, the company said Friday in a filing.The plan sparked concern that Dimon, who is 67 years old, could be contemplating retirement. Dimon is arguably the country's top banker; he has...
Signs offering COVID-19 vaccinations are seen outside of a CVS pharmacy in Washington, DC.Mandel Ngan | AFP | Getty ImagesMany pharmacy employees at some of the largest U.S. drugstore chains say they're reaching a breaking point. On top of verifying, filling and dispensing prescriptions, pharmacists and support staff are responsible...
Inflation accelerated in September but consumer spending was even stronger than expected, according to a Commerce Department report Friday.The core personal consumption expenditures price index, which the Federal Reserve uses as a key measure of inflation, increased 0.3% for the month, in line with the Dow Jones estimate and...
An intensifying bond rout is piling pressure on the global economy and creating a "tremendously dangerous" outlook for equities, the chief investment officer of Livermore Partners hedge fund said Friday.A new era of higher interest rates has caused bond yields to surge, hampering returns for investors and flipping on...
