Buybacks have gotten a bad rap from both Republicans and Democrats. But stocks would be trading at a massive discount without them.Marketsread more
Fiat Chrysler and France's Renault could soon partner up to take on the sweeping changes to the global auto industry, according to a report in the Financial Times. The...Autosread more
Microsoft shares have gained 133% since November 2015, outperforming a tech "basket of unicorns" over that stretch.Technologyread more
The president's state visit comes amid tensions with carmaker Toyota over potential auto tariffs. Trump has repeatedly threatened Japanese and European carmakers with tariffs.Traderead more
When commercial real estate investor Manny Khoshbin spent $2.2 million on the fastest production car in the world, he had no idea it would very quickly also become the...Autosread more
The IRS is about to release a new draft of Form W-4, which will more closely reflect the changes stemming from the Tax Cuts and Jobs Act. For workers, that means they'll need...Personal Financeread more
The Mega Millions jackpot has spilled over $400 million. It would be the ninth largest winning since the game began in 2002.Personal Financeread more
Trump was speaking at a meeting of Japanese business leaders in Tokyo during his state visit to Japan on Saturday.Marketsread more
The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
The federal minimum wage has remained $7.25 per hour since 2009. But several states, and even some companies, have since taken matters into their own hands to pay employees a...Workread more
Stocks rose on Friday, but notched weekly losses as investors worried the U.S.-China trade war is hurting economic growth.US Marketsread more
Check out the companies making headlines after the bell:
Shares of Nike dropped more than 3 percent in extending trading Thursday following the release of the retailers better-than-expected third-quarter earnings results. Nike posted earnings per share of 68 cents, beating estimates of 65 cents, according to Refinitiv. Revenue came in-line with Wall Street's expectations at $9.61 billion. The stock was down on weaker-than-expected sales growth in North America.
Cintas shares dipped as much as 3 percent after hours Thursday on mixed third-quarter earnings. The business services company reported $1.68 billion in revenue, slightly missing estimates of $1.69 billion. Earnings per share were $1.84, beating the $1.71 forecast by analysts surveyed by Refinitiv.
Shares of Caleres fell more than 6 percent after market close Thursday following weak fourth-quarter earnings. The footwear company missed on the top and bottom lines. Caleres posted earnings per share of 38 cents on revenues of $720 million. Analysts forecast earnings per share of 45 cents on revenues of $738 million, according to Refinitiv.
GameStop shares popped slightly in extended trading on news that the gaming company named George Sherman as its CEO, effective April 2019. Sherman succeeds Shane Kim, who has served as interim chief executive officer since May 2018. Sherman has leading rolls at retailers Best Buy, Target, and Home Depot.
Shares of Zuora fell more than 11 percent after hours after reporting fourth-quarter earnings. The enterprise software company's total revenue grew 29 percent year-over-year. The company adopted a new revenue recognition standard that put first-quarter and full-year guidance below the outlook under the previous revenue recognition standard.