Stocks making the biggest moves after hours: Nordstrom, Autodesk and more

Stocks making the biggest moves after hours: Nordstrom, Autodesk and more


A Nordstrom store in Irvine, California.

Scott Mlyn | CNBC

Check out the companies making headlines after hours.

Nordstrom — Shares fell more than 4% after the department store cut its forecast. Nordstrom’s latest results beat profit and sales expectations, according to consensus expectations on Refinitiv.

HP — Shares rose 1% after HP surpassed expectations on the top and bottom lines in its latest quarter, and announced it’s laying off 4,000 to 6,000 employees globally over the next three years.

Autodesk — The stock dropped more than 7.8% after the software company issued fourth-quarter revenue guidance that missed expectations, even as Autodesk reported quarterly results that came in line with forecasts.

VMware — Shares fell nearly 2% after the cloud computing company missed profit and sales expectations in its most recent quarter. According to Refinitiv, the company was expected to earn $1.58 per share on revenue of $3.35 billion. Instead, VMWare earned $1.47 per share, after adjustments, on revenue of $3.21 billion.



Source

Target steps up investment in store staffing, cuts about 500 other roles to help fix customer experience
Business

Target steps up investment in store staffing, cuts about 500 other roles to help fix customer experience

Target said Monday that it’s stepping up store staffing, but eliminating about 500 jobs in distribution centers and regional offices as it tries to win back shoppers who have complained about sloppier shelves, out-of-stock items and longer checkout lines. In an internal employee memo obtained by CNBC, the big-box retailer said it’s making changes to […]

Read More
FDA says Novo Nordisk’s TV ad for obesity pill includes ‘false or misleading’ claims
Business

FDA says Novo Nordisk’s TV ad for obesity pill includes ‘false or misleading’ claims

Still life of the new Wegovy semaglutide tablets on a white background. Its a prescription medicine used with a reduced calorie diet and .and physical activity. Michael Siluk | Universal Images Group | Getty Images The Food and Drug Administration said Novo Nordisk‘s TV advertisement for its newly launched Wegovy pill for obesity included “false […]

Read More
Inside Wealth: Hamptons real estate prices hit record, with 2026 summer rentals going fast
Business

Inside Wealth: Hamptons real estate prices hit record, with 2026 summer rentals going fast

A nine-bedroom, 11,000-square-foot oceanfront home in Bridgehampton, available for rent at $700,000 for any two weeks this summer. Courtesy: Gary DePersia | Corcoran Median home prices in the Hamptons hit an all-time high in the fourth quarter, as Wall Street bonuses and tech wealth fueled a new wave of buyers in the New York beach […]

Read More