These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
Last week shows that oil prices are not the indicator for Middle East tensions they once were, and worries about global demand and growing U.S. production has changed that...Market Insiderread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
The firing of the tear gas was the latest confrontation between police and protesters who have taken to the streets for over a month to fight a proposed extradition bill and...China Politicsread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Weather & Natural Disastersread more
Gluskin Sheff's David Rosenberg is painting a painful picture for stocks as earnings season goes into full gear.Futures Nowread more
Rossello is facing public furor over an obscenity-laced online chat that showed the governor and his close advisers insulting women and mocking constituents, including victims...Politicsread more
Check out the companies making headlines after the bell:
Netflix shares rose more than 1.5 percent after UBS upgraded the company to buy from neutral and raised its price target to $410. It said that after six months of under-performing, the investment bank thinks that the stock will rise as subscriber numbers grow.
Activision Blizzard shares dropped as much as 7 percent after hours as the video game company announced it was transferring publishing rights for its Destiny franchise to Bungie. Therefore, Activision will not include revenue, operating income or operating loss from the Destiny franchise in 2019.
Urban Outfitters shares fell as much as 2 percent despite the company announcing an increase in sales for the past two months of 2018 compared to 2017. The company said that its net sales increased 5 percent in 2018's last two months compared to 2017's. These sales were driven by double-digit growth digitally, which was partially offset by negative retail store sales.
Embraer shares rose 4 percent during after hours after the Brazilian government approved its partnership with Boeing. The two companies agreed on a joint venture last month. Boeing will have 80 percent ownership in the new company and Embraer will have 20 percent.
PVH shares rose more than 5 percent during after hours after the company raised its fourth quarter and full-year guidance. The company also put a number on the restructuring of its Calvin Klein brand, which it expects to cost approximately $120 million over the next 12 months.
PVH expects its revenue to be $2.4 billion in the fourth quarter and $9.57 billion for the year. It also expects its earnings to be at least $1.75 per share for the quarter, which is 15 cents per share higher than previous guidance.