SoftBank wants to push Neumann out of the CEO role ahead of the IPO.Technologyread more
The next three weeks are among the rockiest, on a historical basis, of the entire calendar.Trading Nationread more
An annual survey by Piper Jaffray finds iPhone that users willing to upgrade to newly released models declined from last year.Technologyread more
The UK's Civil Aviation Authority said Thomas Cook had now ceased trading and the regulator would work with the government to bring the more than 150,000 British customers...Europe Marketsread more
New York Fed President John Williams said Monday that the central bank acted quickly during last week's jolt to overnight lending markets and that the issue appears resolved...The Fedread more
The U.S. manufacturing sector recovered in September with activity growth hitting a five-month high, according to IHS Markit.Marketsread more
For incoming European Central Bank President Christine Lagarde, the U.S.-China trade war is the biggest threat to the global economy.Marketsread more
Samsung said on Monday it will launch the Galaxy Fold in the US on Sept. 27. The launch was delayed from April after reviewers found it broke easily. Samsung says it has fixed...Technologyread more
The holidays are a critical time for many brands, accounting for as much as 30% of a retailers annual sales. Heading into the gift-giving season, shoppers are expected to...Retailread more
Microsoft is looking for a new way to grab business from retailers as they fend off Amazon.Technologyread more
Banks have historically used armies of mortgage brokers to gather income and asset documents from prospective borrowers.Financeread more
Check out which companies are making headlines before the bell:
Sears Holdings – Sears reported a smaller-than-expected quarterly loss and saw revenue come in above Wall Street estimates, but a 15.3 percent drop in comparable store sales was more than double the consensus estimate of a 6.2 percent drop.
Chipotle Mexican Grill – The restaurant chain's shares were downgraded to "market perform" from "outperform" at William Blair, which cites uncertainty stemming from the announcement that CEO and founder Steve Ells will be stepping down.
Michaels Cos. – The arts and crafts retailer beat estimates by one cent a share, with quarterly earnings of 44 cents per share. Revenue fell slightly short of forecasts. Michaels said it was pleased with the quarter despite hurricane-related sales disruptions, adding that customers are responding positively to changes the company has implemented.
Gap Inc. – Citi downgraded the apparel retailer to "sell" from "neutral," following a 40 percent jump in the stock over the past three months. Citi said the company will face more difficult comps in 2018 at its Old Navy unit, as well as other challenges.
Express – The apparel retailer matched forecasts with quarterly profit of 8 cents per share, while revenue beat forecasts. Comparable-store sales fell one percent, but that was smaller than the 2.5 percent drop anticipated by analysts surveyed by Thomson Reuters. Express also announced a new $150 million share repurchase program.
Juniper Networks — Nokia denied reports that it was in talks to buy the U.S.-based maker of networking equipment. Sources had told CNBC Wednesday that the two were in buyout talks valuing Juniper at about $16 billion.
Workday – Workday reported adjusted quarterly profit of 24 cents per share, 9 cents a share above estimates. Revenue beat forecasts, as well. The maker of human resources software also raised its full-year sales outlook for the third time.
Box – Box matched Street forecasts with an adjusted loss of 13 cents per share. The cloud software company reported revenue that was above consensus street forecasts and forecast current-quarter revenue in line with analysts' estimates.
PVH — PVH came in 11 cents a share ahead of estimates, with adjusted quarterly profit of $3.02 per share. The maker of Calvin Klein and Tommy Hilfiger clothing saw revenue very slightly above forecasts. PVH's results were helped by strong results in overseas markets.
Jack In The Box – The company fell 16 cents a share short of estimates, with adjusted quarterly profit of 73 cents per share. The restaurant chain's revenue fell short of expectations, as well. The company called the results "challenging." Same-store sales at Jack In The Box restaurants fell one percent, with a 2.1 percent drop in sales at its Qdoba Mexican food chain. The company continues to evaluate potential alternatives for Qdoba.
Johnson & Johnson, GlaxoSmithKline — Two new trials for HIV treatments are launching: one involves a two-vaccine combination developed by Johnson & Johnson and partners, while a Glaxo unit is beginning another study of an experimental vaccine.
Amazon.com – Amazon will announce plans to introduce workplace-related functions for its Alexa digital assistant. Amazon is expected to announce details at today's annual conference for its Amazon Web Services unit.
Costco – The warehouse retailer posted a 7.9 percent rise in same-store sales for November, including 8.4 percent in the U.S. market.
La-Z-Boy – La-Z-Boy earned an adjusted 44 cents per share for its latest quarter, one cent a share below estimates. The furniture maker's revenue beat forecasts. La-Z-Boy said it saw a negative impact from the quarter's hurricanes, the California wildfires, and higher raw material costs.
Perry Ellis – The clothing maker matched forecasts, reporting adjusted quarterly profit of 25 cents per share, while revenue beat forecasts.