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.
Zaza Cristina Robles worked as a pregnancy coach in her native Peru, so when she arrived in the U.S. at 16 weeks pregnant, the first thing she did after settling in with her in-laws was to seek medical care."When they showed us the bill, it was so expensive, my...
Popcorn buckets are pictured during the "Taylor Swift: The Eras Tour" concert movie world premiere at AMC The Grove in Los Angeles on Oct. 11, 2023.Valerie Macon | AFP | Getty ImagesTaylor Swift fans had just eight hours to buy tickets for last-minute Thursday night previews of her The...
Wealth Enhancement Group has added a new location in Los Angeles with its acquisition of KCS Wealth Advisory, an independent registered investment advisor, the firm announced Thursday. The deal brings Wealth Enhancement Group $373 million in assets under management and provides both firms with additional resources to enhance client services,...
Check out the companies making the biggest moves midday. Boeing — Shares of the aerospace company slipped 3%. On Thursday, Boeing said it was expanding the scope of its ongoing inspection into a production defect on some aft pressure bulkheads on the 737 Max 8 aircraft. Spirit AeroSystems ,...
Medicare participants waiting to hear how much their premiums would increase next year learned their fate early this year. On Thursday, the more than 66 million people enrolled in Medicare were informed about their Medicare Part B premiums, which are usually deducted from Social Security benefits. Generally the adjustment...
A doctor vaccinates an infant against respiratory syncytial virus (RSV) in a treatment room of her paediatric practice.Swen Pförtner | Picture Alliance | Getty ImagesTwo new immunizations promise to protect babies from respiratory syncytial virus – if people can find them. Providers are scrambling to offer Pfizer's vaccine, Abrysvo,...
Patrick Harker President Federal Reserve Bank of Philadelphia, August 24, 2023.David A. Grogan | CNBCPhiladelphia Federal Reserve President Patrick Harker said Friday he thinks the central bank can stop raising interest rates."Absent a stark turn in what I see in the data and hear from contacts ... I believe...
