Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the Iranian attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper...Defenseread more
President Trump also said he is "not looking for a partial deal" with Beijing, moving away from his suggestion last week that he would consider an "interim deal."Politicsread more
Progress on trade talks will determine how far market will move above new highs.Trader Talk with Bob Pisaniread more
Joe Biden called on President Donald Trump Friday to release the transcript of a call with a foreign leader that is the subject of a whistleblower complaint. Biden described...Politicsread more
For investors taking a breather from the chaos in August, buckle up as the market is about go crazy again, Goldman Sachs warned.Marketsread more
Palantir Technologies is targeting a valuation of at least $26 billion in a private fundraising round, the first for the Peter Thiel-backed data analytics startup in four...Wall Streetread more
Michael Pack, a conservative filmmaker linked to Steve Bannon, saw at least $1.6 million in donations from his nonprofit sent into the coffers of his independent production...Politicsread more
The New England Patriots released Antonio Brown just 11 days after signing the wide receiver. The NFL Super Bowl champion team initially had kept him in the face of a rape...Sportsread more
A tour bus carrying Chinese-speaking tourists crashed near a national park in southern Utah, killing at least four people and critically injuring up to 15 others, authorities...U.S. Newsread more
Gun maker Colt announced Thursday that it will halt its production of AR-15 rifles for civilian sales, but the news might not be as exciting for gun control advocates as it...Guns and Weaponsread more
Check out the companies making headlines after the bell:
Shares of Amazon rose as much as 3 percent and then dipped more than 2 percent negative in extended trading Thursday after reporting better-than-expected earnings and light guidance. The e-commerce giant beat on the top and bottom line. Earnings per share were $6.04, which beat estimates of $5.68. Revenue was $72.38 billion, compared to the $71.87 billion forecast by Wall Street. Amazon Web Services revenue beat estimates.
Shares of Cigna, CVS Health, Walgreens, Cardinal Health and United Health dropped after hours after the Trump administration proposed a rule to lower prescription drug prices by targeting backdoor rebates and creating a new transparency to drug markets. The administration's hope is that the new rule will promote competition among drug makers to have the lowest price and out-of-pocket cost to the patient.
Yum China shares jumped more than 8 percent after hours following mixed earnings released Thursday, but the stock later gave up some of those gains. The fast food restaurant company's sales were $1.91 billion, slightly missing estimates of $1.92 billion. Earnings per share were 12 cents, beating estimates by 4 cents. Overall, same-store sales increased 2 percent, beating estimates that they would be down 0.1 percent. KFC same-store sales were up and Pizza Hut same-store sales were down.
Shares of Cypress Semiconductor Corp. jumped more than 5 percent after hours Thursday based on better-than-expected earnings. The company earned $604 million in revenue, beating estimates of $599 million. Earnings per share were 35 cents, higher than the 33 cents forecast by analysts. First-quarter guidance was mostly below consensus estimates. Cypress forecasts adjusted earnings of 22 cents - 26 cents, vs. the estimated 25 cents.
Shares of Deckers Outdoor Corp. surged as much as 10 percent in extended trading following an earnings beat, though the stock later gave up more than half of those gains. The company posted earnings of $6.59 on revenue of $874 million. Those results were well above the estimated earnings of $5.30 on revenue of $824 million. The company issued weak fourth-quarter guidance. Deckers forecast earnings per share of 10 cents, compared to the 27 cent estimate. They predict revenue will be between $360 million and $374 million, well below the $392 expected by Wall Street.