Breaking News: Business
Comcast tops expectations as it squeezes out a small gain in broadband subscribers
Comcast on Thursday reported third-quarter earnings that beat analyst estimates, despite seeing revenue slightly decline and continued softness in broadband customer growth. Shares jumped 8% in premarket trading. Here’s how Comcast did in the third quarter of 2022 compared with what Wall Street was anticipating, based on a survey of analysts by Refinitiv: Earnings per […]
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McDonald’s is about to report earnings. Here’s what to expect
McDonald’s restaurant sign is seen in Streator, Illinois, United States, on October 15, 2022. Beata Zawrzel | Nurphoto | Getty Images McDonald’s is due to report its third-quarter earnings before the bell on Thursday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: $2.58 Revenue: $5.69 billion In the first half […]
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Ye escorted out of Skechers office in Los Angeles after he showed up unannounced
Rapper Kanye West smiles during a meeting with U.S. President Donald Trump to discuss criminal justice reform at the White House in Washington, October 11, 2018. Kevin Lamarque | Reuters Ye, formerly known as Kanye West, was escorted out of the Los Angeles office of shoemaker Skechers, the company said Wednesday afternoon, as the fallen […]
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Inventory pickers are even now positioned for a Fed ‘soft landing,’ mutual fund holdings demonstrate
Offering Alpha Inventory pickers are even now positioned for a Fed ‘soft landing,’ mutual fund holdings show Posted Wed, Oct 26 20221:15 PM EDT Yun Li@YunLi626 View Are living Source
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CNN chief Chris Licht has big ideas, but employees are nervous, and more job cuts are coming
Chris Licht, Chairman and CEO of CNN Worldwide. Courtesy: CNN CNN CEO Chris Licht started conducting a business review of the news network when he agreed to take the job in April. That evaluation wrapped up last week, according to people familiar with the matter, and CNN employees are about to find out Licht’s conclusions. […]
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Bed Bath & Beyond appoints interim CEO Sue Gove to the position permanently
A person exits a Bed Bath & Beyond store in New York City, June 29, 2022. Andrew Kelly | Reuters Bed Bath & Beyond said Wednesday that it has appointed interim Sue Gove to the position permanently. The home goods retailer is in the middle of a turnaround effort as it seeks to win back […]
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Boeing reviews quarterly reduction on issues in Air Power A single, tanker packages
A Boeing 737 MAX 10 airliner pauses while taxiing on the flight line just before its to start with flight at Renton Municipal Airport on June 18, 2021 in Renton, Washington. Stephen Brashear | Getty Pictures Boeing reported a $3.3 billion quarterly loss Wednesday as difficulties in its protection unit countered strides in its commercial […]
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Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects
2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor is set to report its third-quarter earnings after the bell on Wednesday. Here’s what Wall Street is expecting, according to Refinitiv consensus estimates: Adjusted earnings per share: 27 cents Automotive revenue: $36.25 billion Ford last month set investor expectations for the third quarter by partially […]
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Mortgage demand from homebuyers is now nearly half what it was a year ago
A house’s real estate for sale sign is seen in front of a home in Arlington, Virginia, November 19, 2020. Saul Loeb | AFP | Getty Images Mortgage demand fell last week to nearly half what it was a year ago, according to the Mortgage Bankers Association, as rates hit their highest level in 21 […]
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Chipotle says price hikes lift revenue as customer visits slip
Customers order from a Chipotle restaurant at the King of Prussia Mall in King of Prussia, Pennsylvania. Mark Makela | Reuters Chipotle Mexican Grill on Tuesday reported quarterly earnings that topped analysts’ expectations as another round of price hikes hit its menus. CEO Brian Niccol said that the company saw “minimal resistance” to higher menu prices during […]
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