Bank stocks have rebounded in recent months as strong results from lenders' retail businesses helped drive firms to record profits.Financeread more
Current and former Tesla employees working in the company's open-air "tent" factory say they felt pressure to take shortcuts to hit aggressive Model 3 production goals,...Technologyread more
Johnson & Johnson reports second-quarter earnings Tuesday before market open.Health and Scienceread more
President Donald Trump and the RNC are picking up key supporters in the business community who did not back him as a candidate in 2016.2020 Electionsread more
Analysts polled by Refinitiv are expecting earnings of $4.89 per share and revenue of $88.828 billion when Goldman Sachs reports second-quarter earnings Tuesday.Financeread more
Early Facebook investor and Trump supporter Peter Thiel weighed in on the Democrats taking on the president in 2020, saying he was "most scared' by Elizabeth Warren.Politicsread more
Tensions between Japan and South Korea come as the U.S. and its trading partners are embroiled in a global trade war.Technologyread more
The one-to-eight stock split would mean the current number of ordinary shares — which stands at 4 billion — will increase to 32 billion. It comes ahead of a reported Hong Kong...Asia Marketsread more
Treasury Secretary Steven Mnuchin is raising red flags ahead of Facebook's proposed cryptocurrency launch.Marketsread more
China's fiscal spending increased 10.7% in the first six months from a year earlier, the finance ministry said on Tuesday, underlining the government's bid to support the...China Economyread more
Beto O'Rourke's campaign for the 2020 election raised just $3.6 million in the second quarter of this year, putting him in the lower tier of candidates who have struggled to...2020 Electionsread more
Check out the companies making headlines after the bell:
Micron Technology shares rose more than 4 percent in after-hours trading following the release of its fourth-quarter earnings report, before paring its gains and falling 3 percent from the closing price. The semiconductor company reported earnings per share of $3.53, higher than analysts' estimates of $3.34 per share. Revenue also beat expectations, with the company reporting $8.44 billion compared to the $8.25 billion analysts estimated.
The stock turned lower after the company gave weak future guidance for revenue and earnings per share compared to what analysts had estimated. Micron CFO David Zinsner also said that the company's gross margins would be impacted in the near-term due to President Donald Trump's latest round of tariffs on Chinese imports.
United Natural Foods stock tumbled more than 11 percent in the extended session after reporting earnings numbers for the fourth quarter that missed estimates. Earnings per share came in at 76 cents, compared to the 85 cents analysts expected. The company, which is the largest supplier to Amazon-owned Whole Foods, reported $2.59 billion in revenue versus the $2.61 billion analysts estimated.
Steelcase shares surged more than 12 percent in the extended session following the release of the furniture company's strong second-quarter earnings report. The company reported earnings per share of 36 cents, higher than the 29 cents analysts expected. Revenue was reported as $876 million, compared to analysts' estimates of $874 million. Steelcase also gave strong revenue guidance for the third quarter.
Texas Instruments stock rose nearly 2 percent in after-hours trading after the company increased its quarterly cash dividend by 24 percent. The dividend, now 77 cents from 62 cents, will be payable on Nov. 19. The board of directors also authorized a $12 billion stock buyback.