Buybacks have gotten a bad rap from both Republicans and Democrats. But stocks would be trading at a massive discount without them.Marketsread more
Fiat Chrysler and France's Renault could soon partner up to take on the sweeping changes to the global auto industry, according to a report in the Financial Times. The...Autosread more
Microsoft shares have gained 133% since November 2015, outperforming a tech "basket of unicorns" over that stretch.Technologyread more
The president's state visit comes amid tensions with carmaker Toyota over potential auto tariffs. Trump has repeatedly threatened Japanese and European carmakers with tariffs.Traderead more
The IRS is about to release a new draft of Form W-4, which will more closely reflect the changes stemming from the Tax Cuts and Jobs Act. For workers, that means they'll need...Personal Financeread more
When commercial real estate investor Manny Khoshbin spent $2.2 million on the fastest production car in the world, he had no idea it would very quickly also become the...Autosread more
The Mega Millions jackpot has spilled over $400 million. It would be the ninth largest winning since the game began in 2002.Personal Financeread more
Trump was speaking at a meeting of Japanese business leaders in Tokyo during his state visit to Japan on Saturday.Marketsread more
The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
The federal minimum wage has remained $7.25 per hour since 2009. But several states, and even some companies, have since taken matters into their own hands to pay employees a...Workread more
Stocks rose on Friday, but notched weekly losses as investors worried the U.S.-China trade war is hurting economic growth.US Marketsread more
Check out which companies are making headlines after the bell:
Shares of Oracle surged over 8 percent in extended trade after the technology company reported fourth quarter EPS of 89 cents and revenue of $10.94 billion, topping analysts' consensus expectations of 78 cents in EPS and $10.45 billion in revenue, according to Thomson Reuters.
Steelcase's stock plummeted nearly 20 percent during after-hours trading after the furniture company reported lower-than-expected earnings and revenue for its first quarter. Steelcase posted EPS of 15 cents and revenue of $735 million, falling short of analysts' consensus expectations of 19 cents in EPS and $743 million in revenue, according to Thomson Reuters. Steelcase also issued second quarter guidance that fell below expectations.
Shares of Navient slipped 1.4 percent during extended trading. Earlier, investment bank Compass Point raised its price target on the loan service company's stock to $17 from $16. The firm's view on the Navient stock is neutral. Navient's shares had fallen 2.8 percent to $15.98 during the regular session.
Energy company Newfield Exploration shares dropped nearly 3 percent in extended trade after it declined more than 4 percent in regular trading, as falling oil prices weighed on the sector.