The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
Check out the companies making headlines after the bell:
Shares of Las Vegas Sands jumped more than 4% in extended trading Wednesday following the release of the company's first-quarter earnings. Beating on the top and bottom lines, the casino company posted earnings per share of 91 cents on revenue of $3.65 billion. Wall Street estimated earnings per share of 87 cents on revenue of $3.49 billion, according to Refinitv consensus estimates.
Alcoa shares fell 2% after hours Wednesday after reporting disappointing first-quarter earnings. The aluminum producer earned $2.72 billion in revenue, missing Refinitiv estimates of $2.81 billion. Alcoa reported a loss of 23 cents, a larger-than-expected loss than the 13 cents forecast by analysts.
Shares of Atlassian plummeted 9% after hours Wednesday despite posting better-than-expected third-quarter earnings. The software company earned $309 million in revenue, topping estimates of $305 million. Earnings per share came in at 21 cents, beating the forecast of 18 cents.
Atlassian fell down on fourth-quarter earnings per share guidance, though. The company estimates earnings per share of 16 cents, below the forecast 19 cents. Full-year earnings per share guidance was roughly in line with estimates. Atlassian's deferred revenues and billings were both below expectations.
Sleep Number shares tanked 12% in extended trading Wednesday after reporting mixed first-quarter earnings. Sleep Number reported earnings of 80 cents per share on revenue of $426.4 million. Analysts had expected earnings per share of 73 cents on revenues of $427.5 million, per Refinitiv data.
Shares of E-trade rose as much as 3% after market close Wednesday based on strong first-quarter earnings. The financial services company reported revenue of $755 million, topping estimates of $737 million surveyed by Refinitiv. Earnings per share were $1.09, compared to the 93 cents forecast by analysts.
Pier 1 Imports shares sank as much as 14% in extended trading Wednesday following the release of its dismal fourth-quarter earnings results. The retailer, whose market cap sits just above $50 million, reported a loss of 85 cents per share, while Refinitiv showed expectations of earnings per share of 22 cents. Revenue came in at $412.5 million, missing the expected $426.1 million.
Same-store sales for Pier 1 decreased 13.7% in the fourth-quarter.
After closing 30 stores in fiscal 2019, Pier 1 said it may close up to 45 locations in fiscal 2020. The store closure number could increase to up to 15% of stores if the retailer "is unable to achieve performance goals, sales targets, and reductions in occupancy and other costs," the company said in a release.
The company also announced Nancy Walsh will be stepping down as chief financial officer after a little over a year in the role. Deborah Rieger-Paganis will take over as interim chief financial officer, effective immediately.