According to China's top economic planning body, some local companies are cutting back on their efforts to hire new university graduates.China Economyread more
German Chancellor Angela Merkel has presided over a tumultuous recent period, which for many, has left Europe on the brink.Commentaryread more
Tensions between China and the U.S. are threatening to slow global trade further, threatening some Asian economies.Asia Economyread more
U.S. President Donald Trump's former campaign chairman Paul Manafort was transferred to a detention facility in Manhattan on Monday ahead of an expected arraignment on state...White Houseread more
Airbus recorded orders and options for 123 planes, according to the aviation consulting firm IBA.iQ.Paris Air Showread more
Markets in Asia were mostly higher in Tuesday trade as investors awaited the start of a closely-watched meeting by the U.S. Federal Reserve, set to kick off later stateside.Asia Marketsread more
Wall Street analysts think Facebook's cryptocurrency payments project will give the company a big boost.Marketsread more
Chinese President Xi Jinping will travel to North Korea this week for a two-day visit, ahead of a possible meeting between Xi and President Donald Trump at next week's G-20...Politicsread more
The Pentagon said that the crew of one of the tankers, the Japanese Kokuka Courageous, found an unexploded limpet mine on its hull following an initial explosion.Politicsread more
China's Alibaba Group on Tuesday said its chief financial officer, Maggie Wu, will oversee the firm's strategic acquisitions and investments unit, as part of a business and...Technologyread more
Despite the popularity of companies like Beyond Meat and Impossible Foods, meat consumption around the world continues to rise.Food & Beverageread more
Check out the companies making headlines midday Thursday:
Dunkin' Brands – Shares of the restaurant operator dropped nearly 3 percent after the company reported revenue that missed estimates. Bad news also came from its U.S. comparable sales, which were flat compared to a consensus Refinitiv estimate of a 1.6 percent gain. For quarterly earnings, Dunkin' Brands beat estimates by three cents.
Chipotle Mexican Grill – Chipotle stock surged a whooping 11 percent after the restaurant chain reported adjusted quarterly profit of $1.72 per share, beating the consensus estimate of $1.37. Chipotle benefited from increased customer traffic during the quarter and a spike in online orders.
Sonos – Shares of the audio company dropped almost 12 percent after the company announced that CFO Michael Giannetto plans to retire. While Giannetto will be around until Sonos finds a successor, his loss comes as the company's growth in Europe is slowing.
SunTrust – Shares of SunTrust jumped more than 8 percent following the announcement that BB&T is combining with the bank in a $66 billion merger of equals, the biggest bank deal since the financial crisis. The combined bank will become the sixth largest U.S. bank by assets, squeezing in between U.S. Bancorp and PNC.
Twitter – Twitter stock fell nearly 10 percent provided a weaker-than-expected forecast for 2019, with first quarter-revenue growing less than analysts estimated. Twitter also said it will change the way it reports active user data.
Cardinal Health — Shares of Cardinal Health rose more than 6 percent after the pharmaceutical distributor earned an adjusted $1.29 per share for its latest quarter, beating estimates by 20 cents. Revenue also beat estimates, and Cardinal Health also raised its full-year forecast.
Hanesbrands — The clothing company scored its best trading day in a decade on Thursday after its fourth quarter results topped Wall Street's expectations. Shares rallied more than 20 percent, bringing its year-to-date gains to more than 49 percent.
GrubHub — The food-delivery company fell 2 percent, hitting a new 52-week low and on track for its biggest loss in three years. The company reported lower-than-expected fourth-quarter results and forecasted full-year earnings below Wall Street consensus estimates.
Snap-On — Shares of the tool-maker slid more than 8 percent after the company posted weaker-than-expected fourth-quarter revenue. The company's CEO cited near-term headwinds "in a range of environments," but sees progress in emerging markets like India.
iRobot – iRobot shares are up more than 9 percent after reporting better-than-expected results for the fourth quarter. The advanced technology company's quarterly adjusted earnings came in at 88 cents per share, versus consensus estimates of 50 cents per share. iRobot also issued 2019 guidance that is stronger than expected.
Match Group — Match Group shares rose more than 5 percent after the dating service company beat its fourth-quarter earnings and revenue expectations. Tinder, one of the dating apps the company operates, added 233,000 net new paying members on a sequential basis during the quarter.