Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...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
"Sure, the trade war's taking its toll on business ... it's just not taking its toll where it was supposed to," Jim Cramer says.Mad Money with Jim Cramerread 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
Check out the companies making headlines after the bell:
L Brands shares fell more than 8 percent in extended trading after posting mixed fourth-quarter earnings and weak full-year guidance. The retail company posted $4.85 billion in revenue, compared to the $4.88 billion forecast by analysts. Earnings per share were $2.14, beating Wall Street's expectation of $2.07. L Brands sees 2019 earnings per share between $2.20 and $2.60, while analysts forecast earnings of $2.71.
Shares of Square fell more than 6 percent in extending trading Wednesday based on weak first-quarter guidance despite the company's better-than-expected fourth-quarter earnings. Beating on the top and bottom lines, the mobile payment company posted earnings per share of 14 cents on revenues of $464 million. Wall Street expected earnings per share of 13 cents on revenues of $454 million, according to Refinitiv consensus estimates. Square's fourth-quarter subscription and services-based revenue was $194 million, up 144 percent.
Square issued light first-quarter guidance: earnings per share between 6 and 8 cents, compared to the estimated 11 cents. The company sees revenue between $472 and $482 million, in line with the Street's expectations. The stock is up about 41 percent year to date.
HP Inc. shares ticked more than 9 percent lower after market close on Wednesday based on the software company's first-quarter earnings. Revenue was $14.71 billion, missing the estimated of $14.86 billion surveyed by Refinitiv. Earnings per share were in line with estimates at 52 cents.
Booking Holdings shares dropped 10 percent in after hours trading Wednesday based on mixed fourth-quarter earnings. The online travel company earned $3.21 billion in revenue, missing Refinitiv estimates of $3.22 billion. Earnings per share were $22.49, beating the forecast $19.42.
Shares of Box tanked 23 percent in extended trading Wednesday after releasing mixed fourth-quarter earnings and weak guidance. The cloud company reported earnings per share of 6 cents on revenues of $163.7 million. Analysts expected earnings per share of 2 cents on revenues of $164.2 million.
Fitbit shares fell more than 11 percent after hours Wednesday after giving weak first-quarter guidance. The company estimates revenue between $250 million and $268 million, lower than the expected $272 million, per Refinitv. Fitbit sees a first-quarter loss of 22 to 24 cents per share, steeper than the forecast loss of 15 cents.
The guidance overshadowed Fitbit's better-than-expected fourth-quarter earnings. Beating on the top and bottom lines, the company posted earnings per share of 14 cents on revenues of $571 million. Analysts has expected earnings per shared of 7 cents on revenues of $569 million.
Shares of Celgene fell more than 8 percent after hours on news that investment firm Wellington Management does not support Bristol-Myers acquisition of the biotechnology company. In January, Bristol-Myers announced its plans to buy Celgene in a cash and stock deal valued at $74 billion.