Home Depot's CEO says the retailer cut its outlook partly due to "the potential impacts to the U.S. consumer arising from recently announced tariffs."Retailread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with...US Marketsread more
While the U.S. gave Huawei a 90-day reprieve, allowing American businesses to keep selling specific products to the Chinese firm, it also added more affiliates of the...Technologyread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
GE kicks off a new week after some crazy moves. Two traders urge caution.Trading Nationread more
Porsche and Apple believe music streaming is the next advancement for in-car entertainment. The luxury automaker and tech giant are teaming up to allow drivers of the all-new,...US: Consumer Servicesread more
J.P. Morgan advised clients in a note early Tuesday that it was time to buy shares of Beyond Meat again.Marketsread more
U.K. Prime Minister Boris Johnson told the EU that a Brexit deal can still be approved by U.K. lawmakers if Brussels agrees to scrapping the contentious Irish "backstop."read more
Baidu posted better-than-expected earnings for the June quarter, swinging back to profit and managing to stabilize its core ad business.Technologyread more
An exchange-traded fund based in mortgage-backed securities may provide just the kind of stable income investors need in this market, says ETF.com's Dave Nadig.ETF Edgeread more
Check out the companies making headlines after the bell:
Nike stock fell as much as 4.5 percent in after-hours trading despite reporting first-quarter earnings numbers that beat on the top and bottom lines. The company posted earnings per share of 67 cents, higher than analysts' estimates of 63 cents per share. Nike's quarterly revenue came in at $9.95 billion, compared to the $9.94 billion analysts expected.
Nike's revenue and earnings both posted double-digit growth during the quarter.
Cintas stock fell nearly 4 percent in after-hours trading in spite of its strong earnings report that surpassed expectations. The company reported first-quarter earnings per share of $1.93, higher than analysts' estimates of $1.81 per share. Cintas' revenue was $1.7 billion, compared to the $1.69 billion expected by analysts. The company also reported strong revenue and earnings guidance for the year.
KB Home shares rose as much as 4.5 percent in the extended session following the release of the company's third-quarter earnings report. The homebuilder reported earnings per share of 87 cents, higher than the 77 cents per share estimated by analysts. The company missed expectations on revenue, however, reporting $1.23 billion, compared to the $1.26 billion estimated.