Among the many ways Trump has shattered White House norms, his impulsive public communications rank among the most consequential. By inspiring investors or spooking them, his...Politicsread more
A federal judge in New York City on Wednesday said Deutsche Bank and Capital One can turn over financial documents related to President Donald Trump and his businesses in...Politicsread more
CNEX, backed by Microsoft and Dell, filed new allegations in a Texas suit accusing China's Huawei and an executive of trade secrets theft.Technologyread more
In a private call with Morgan Stanley clients on Wednesday, research analyst Adam Jones, a long-time Tesla bull, said it's extremely unlikely that big tech firms like Apple or...Technologyread more
Shares of L Brands, the owner of Victoria's Secret and Bath & Body Works, rose nearly 11% in aftermarket trading Wednesday after the company reported it beat revenue and...Retailread more
Officials remained firmly committed to a "patient" policy stance at their meeting earlier this month.The Fedread more
Talk about 5G is everywhere right now, from the trade war with China to the ban on Huawei. Here's what 5G is and why it matters.Technologyread more
"Target's gutsy decision to make its stores the centerpiece of its fulfillment system has turned out to be a brilliant move," Jim Cramer says.Mad Money with Jim Cramerread more
A slew of retail earnings the past two weeks makes it clear that while Americans continue to shop, they aren't ringing registers at department stores.Retailread more
Stocks that would benefit from a federal infrastructure spending program fell after President Trump ended a meeting on infrastructure spending with Democratic leaders.Market Insiderread more
The interaction, witnessed by a senior administration official, followed President Donald Trump's abrupt exit out of a meeting with Democratic congressional leaders.Politicsread more
Check out the companies making headlines before the bell:
Under Armour – The athletic apparel maker earned an adjusted nine cents per share for the fourth quarter, beating the consensus estimate of four cents. Revenue also beat forecasts, with results being helped by higher sales and fewer discounts.
Molson Coors – The beer brewer beat estimates by five cents with adjusted quarterly profit of 84 cents per share. However, revenue fell below forecasts. Molson also said it would restate its financials for 2016 and 2017 due to accounting errors relating to its partnership in MillerCoors. It adds that the financial impact of the changes will not be material, but that it did have "material weakness" in internal financial reporting controls at the end of 2018.
Cisco Systems – Morgan Stanley downgraded the networking equipment maker to "equal-weight" from "overweight," saying Cisco's continued strength and growth in security-based networking is already priced into the stock.
Wolverine World Wide – The maker of shoe brands like Saucony and Hush Puppies announced a 25 percent dividend increase and a new $400 million share repurchase program.
Coty – Private equity firm JAB announced a tender offer to increase its stake in the cosmetics company by 150 million shares. The offer price is $11.65 per share, and a successful offer would bring its total holdings to just under 451 million shares, or about 60 percent of the company's common stock.
Shopify – The online shopping and payment systems provider earned an adjusted 26 cents per share for the fourth quarter, six cents above estimates, with revenue also topping Street forecasts. Results were boosted by an increase in business signups as well as higher payment processing revenue.
Gilead Sciences – Gilead said an experimental drug designed to treat a liver ailment known as NASH did not meet its main goal in a late-stage study. The market for NASH treatments is expected to reach up to $35 billion, according to industry analysts.
Colgate-Palmolive – Colgate named chief operating office Noel Wallace as its next CEO. He will take over on April 2 from Ian Cook, who has held the CEO job since 2007. Wallace has worked at the consumer products giant since 1987.
Walmart – The retailer and Google-backed delivery service Deliv have ended a same-day grocery delivery partnership, according to a Reuters report.
Gannett – The USA Today publisher continues to say a takeover proposal from Digital First Media is inadequate, following meetings this week with representatives of the newspaper operator.
Amkor Technology – Amkor issued weaker than expected sales guidance for the current quarter, with the chipmaker and Apple supplier saying the outlook reflects an "inventory correction" currently underway in the smartphone market.
Chegg – Chegg reported better than expected earnings and revenue for its latest quarter, and the educational technology company also issued strong revenue guidance. The quarter's results were drive by a 34 percent boost in subscribers.