Rising home prices and conservative borrowing have today's homeowners sitting on a record amount of potential cash. Today's mortgage holders saw their home equity increase by...Real Estateread more
Stocks have been grinding sideways, but technical analysts say once they breakout, the move to the upside could be powerful.Market Insiderread more
The fresh round of cuts is on top of an estimated 4,500 temporary layoffs GM and its suppliers handed out to employees as of Friday.Autosread more
The new wireless earbuds, codenamed "Puget," are expected to come with an accelerometer and be able to monitor things like the distance run, calories burned, and pace of...Technologyread more
Think about the last TV show you recommended to a friend, or the last one that was recommended to you. Odds are, it was from a premium service like HBO, Netflix or Amazon.Entertainmentread more
SpaceX is deep into development of its Starship rocket, with recent updates from CEO Elon Musk showing the first one under construction.Investing in Spaceread more
Greta Thunberg, a 16-year-old Swedish environmental activist, delivered a powerful message at the United Nations Climate Action Summit on Monday.Environmentread more
The Mac Pro is the only major Apple computer to be assembled in the United States. Most of Apple's products, including the iPhone, are assembled in China and are facing tariff...Technologyread more
SoftBank wants to push Neumann out of the CEO role ahead of the IPO.Technologyread more
Toys R Us' bankruptcy caused a 7% surge in sales for the toy industry during the first half of 2018 as parents stocked up, then sales fell 2% as manufacturers experienced...Retailread more
After an unexpected loss of subscribers and increased competition in the streaming war, shares of Netflix erased all of its 46% gain for the year at its peak and officially...Marketsread more
Check out the company making headlines after the bell on Thursday:
Restoration Hardware — shares rose more than 8 percent in after-hours trade after the home furnishings company reported fiscal second-quarter adjusted earnings of 44 cents a share, soundly topping the expected 29 cent estimate from Reuters. Revenue also beat expectations at $543.4 million versus the $511.4 million estimate. The firm maintained guidance for the year.
Williams Cos. — shares were 4 percent lower in after-hours trade amid a Reuters report, citing a source, that said oil and gas pipeline company Enterprise Products Partners withdrew Thursday a takeover bid made in late August for Williams. Enterprise shares were more than 1.5 percent higher
Korn Ferry — the executive search company reported adjusted fiscal first-quarter earnings of 52 cents a share, one cent below estimates of analysts polled by Reuters. Total revenue of $392.9 million topped expectations and marked a 40 percent increase from the same period last year. Guidance for second-quarter adjusted earnings matched expectations. Shares were more than 1.5 percent higher in after-hours trade.
Finisar — the fiber optic company posted fiscal first-quarter earnings that beat on both the top and bottom line, and gave revenue guidance for the second quarter above expectations. Shares were more than 11 percent higher in after-hours trade.
Finisar reported adjusted quarterly earnings of 38 cents a share, topping the estimate of 30 cents, on revenue of $341.3 million that beat the $332.8 million estimate. Fiscal second-quarter revenue guidance was $355 million to $375 million, versus the $342 million consensus Reuters forecast.