Check out the companies making headlines after the bell: Avis Budget shares soared nearly 11 percent after hours Wednesday following the release of the rental car company’s fourth-quarter earnings beat. Earnings per share were 53 cents, beating estimates of 37 cents. Revenue was posted as $2.05 billion, compared to the $2.04 forecast by analysts surveyed
0 Comments
Disney, Nestle and “Fortnite” maker Epic Games have paused advertising on YouTube after reports of a pedophile network rampant in the comments of monetized videos, according to Bloomberg and spokespeople for the companies. The controversy stems from reports that pedophiles have latched onto videos of young children, often girls, marking time stamps that show child
0 Comments
The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of U.S. Steel. Brian Kelly was a buyer of Freeport-McMoRan. Karen Finerman was a buyer of Target. Guy Adami was a buyer of Newmont Mining. Trader disclosure: Tim Seymour is long AMZN, AAPL, ACBFF, AMZA, ACB, APC, APH,
0 Comments
Garmin on Wednesday forecast full-year revenue and profit above expectations after reporting strong fourth-quarter results on the back of higher demand for its smartwatches and navigation systems. Shares of the company, which has been bouncing back strongly in the past year after a smartphone-driven slide in demand for the car satnavs that made it famous,
0 Comments
Market focus is largely attuned to global trade developments, after officials from the U.S. and China launched a new round of negotiations on Tuesday. A follow-up session of higher-level talks is expected later in the week, as both sides look to resolve the long-running trade war before a March 1 deadline. Last week, President Donald
0 Comments
But in not including stores under development, Amazon is removing some level of transparency into how quickly it’s building up new space for physical stores. Whole Foods announced at least 25 new location openings last year, while the number of Go stores increased to 10 across Seattle, Chicago and San Francisco. Amazon also launched three
0 Comments
You should hold onto marriage certificates, separation or divorce papers, birth certificates, current passports, medical records, insurance policies (for as long as they’re active), wills, Social Security cards, diplomas and transcripts, adoption and custody papers. The same goes for your car title, registration and repair records, mortgage deeds, real estate bills of sale, receipts for
0 Comments
Walmart on Tuesday reported earnings and revenue for the holiday quarter that topped analysts’ expectations, as its e-commerce sales surged 43 percent thanks to more shoppers using its online grocery delivery service and spending more per trip. CEO Doug McMillon said “a favorable economic environment” has been helping Walmart grow sales and take market share
0 Comments
The FTSE 100 and DAX are both seen little changed from the previous session at 7,218 and 11,299 respectively, while the CAC is expected to open up around 3 points at 5,171, according to IG. Market focus is largely attuned to trade developments between the world’s two largest economies, with a new round of negotiations
0 Comments
Two years ago, Facebook CEO Mark Zuckerberg announced a renewed focus on communities and its Groups feature, boasting that it would help create a more “meaningful” social infrastructure. It worked. Last month, Zuckerberg told investors that “hundreds of millions” of users reported belonging in “meaningful groups,” up from one million in 2017, when the company
0 Comments