British Prime Minister Theresa May is expected to make a final attempt at persuading lawmakers to back her "new" Brexit deal on Wednesday but the agreement — and May's...Europe Politicsread more
Consumers in China are taking to social media to express their support for Huawei as the U.S. government looks to ramp up pressure on the Chinese smartphone maker.Technologyread more
Tensions between the two parties have heightened in recent months as the campaign for seats in the Brussels and Strasbourg-based parliament has crescendoed.Europe Politicsread more
Shares of Saudi shopping mall operator Arabian Centres were trading at 24.34 riyals ($6.49) in early deals in Riyadh.IPOsread more
There is at least one thing in common between the U.S. and Russia – their willingness to weaken the European Union, a top EU official said.Politicsread more
U.S. President Donald Trump's latest tariff increase — and Beijing's plans to counter them — are hitting U.S. companies in China, according to a joint survey this month by...China Economyread more
"We are also constantly watching whether the trade war will turn into a tech war," Ma said Tuesday, according to a CNBC translation of his Chinese remarks published by a locak...China Economyread more
TransferWise, the money transfer start-up, was valued at $3.5 billion after investors bought $292 million of shares in a secondary sale.Technologyread more
Indian Prime Minister Narendra Modi's likely return to power for a second term will likely be positive for his country's growth, according to economists and investors.Asia Economyread more
Kohl's, J.C. Penney and Nordstrom release disappointing earnings news, putting a damper on their sector.Retailread more
"Pretty much the entire suite of apps that 'talk' over the internet could be vulnerable," said Tom Uren, a senior analyst at the Australian Strategic Policy Institute's...Cybersecurityread more
Check out the companies making headlines midday Thursday:
Chipotle Mexican Grill — Shares of Chipotle fell 1.6% after Jefferies lowered the stock's rating to hold from buy on Thursday, saying the restaurant chain's "valuation is full. " Chipotle's shares have climbed 65% since the start of the year.
Tesla —Tesla dipped 2.8% after a report said the automaker and partner Panasonic have paused expansion for their Nevada Gigafactory, as investors grow increasingly wary of Tesla's ability to create demand for its vehicles.
Apogee Enterprises — Shares of Apogee Enterprises dropped 6.3% after the maker of architectural glass for buildings reported weaker-than-expected quarterly earnings. The company posted adjusted earnings per share of 85 cents, 6 cents below a Refinitiv estimate.
Caesars Entertainment — The casino operator rose about 3.9% after the New York Post reported the company is gearing up to put itself for sale. Investor Carl Icahn has been pushing for the company's sale, according to the Post.
Macom Technology Solutions — Macom shares plummeted 11.3% after the semiconductor supplier announced CFO Robert McMullan had resigned. McMullan is leaving his role for personal reasons, according to the company.
Bed Bath & Beyond — Shares of Bed Bath & Beyond plummeted 8.8% after the retailer posted a bigger-than-expected contraction in same-store sales while investors call for leadership changes. The company said it named Patrick Gaston lead independent director and that it "plans to announce additional changes to the Board, governance structure and compensation practices in the near future." The company also posted its first annual loss ever.
Yeti Holdings — Yeti shares were up 6% after investment firm Cowen started coverage of the beverage holder company with an outperform rating and a 12-month price target of $35 per share.
Fastenal — The industrial supplies company rose 5.1% on the back of better-than-expected earnings. Fastenal reported earnings of 68 cents per share, 1 cent higher than expected.
Keurig Dr Pepper — The beverage company fell 4.2% after Morgan Stanley downgraded its stock to underweight from equal-weight, noting penetration in the single-serve coffee market is decreasing.