Among the many ways Trump has shattered White House norms, his impulsive public communications rank among the most consequential. By inspiring investors or spooking them, his...Politicsread more
A federal judge in New York City on Wednesday said Deutsche Bank and Capital One can turn over financial documents related to President Donald Trump and his businesses in...Politicsread more
CNEX, backed by Microsoft and Dell, filed new allegations in a Texas suit accusing China's Huawei and an executive of trade secrets theft.Technologyread more
With Amazon and Walmart facing regulatory hurdles in India, Reliance's Mukesh Ambani isTechnologyread more
In a private call with Morgan Stanley clients on Wednesday, research analyst Adam Jones, a long-time Tesla bull, said it's extremely unlikely that big tech firms like Apple or...Technologyread more
The disclosures come as a federal judge ruled Wednesday that two other banks — Deutsche Bank and Capital One — can give financial documents to Congress, NBC News reports.Politicsread more
Shares of L Brands, the owner of Victoria's Secret and Bath & Body Works, rose nearly 11% in aftermarket trading Wednesday after the company reported it beat revenue and...Retailread more
Officials remained firmly committed to a "patient" policy stance at their meeting earlier this month.The Fedread more
The president may have more success in the court fights to come, including appeals in the cases decided this week. But the two losses are nonetheless a dramatic setback for...Politicsread more
"Target's gutsy decision to make its stores the centerpiece of its fulfillment system has turned out to be a brilliant move," Jim Cramer says.Mad Money with Jim Cramerread more
A slew of retail earnings the past two weeks makes it clear that while Americans continue to shop, they aren't ringing registers at department stores.Retailread more
Check out the companies making headlines after the bell:
AK Steel plummeted more than 8 percent during after-hours trading on Monday, after missing second quarter earnings estimates. The company reported earnings of 18 cents per share, missing Wall Street estimates of 20 cents. Its reported revenues were in line with expectations at $1.75 billion for its second quarter.
Texas Roadhouse plunged more than 11 percent in extended-hours trading after missing second quarter earnings estimates. Wall Street estimated that the restaurant chain would report 67 cents per share in earnings, but the company only reported 62 cents per share for the quarter. The company also missed on its top line, reporting $629.2 million in revenue versus the $634 million expected by analysts.
Allison Transmission Holdings jumped more than 5 percent during extended-hours trading after reporting its second quarter earnings. The Indianapolis-based company beat analysts' estimates of $1.00 per share by earning $1.29 per share. The transmission manufacturer also beat sales expectations, reporting $711 million in revenue versus the $654 million expected.
Sanmina Corporation surged more than 6 percent during the extended session after reporting earnings after the bell before paring gains. The electronics manufacturer reported third quarter revenues of $1.81 billion, beating Wall Street estimates of $1.73 billion. However, the company reported lower-than-expected earnings per share of 55 cents, missing analysts' expectations of 57 cents.
Illumina was up 7 percent in after-hours trading after beating Wall Street revenue expectations for the second quarter. The genetic testing tools company reported $830 million in revenue for the quarter versus the $786.6 million estimated by analysts. Illumina earned $1.43 per share, beating Wall Street expectations of $1.11 per share.