SoftBank wants to push Neumann out of the CEO role ahead of the IPO.Technologyread more
The next three weeks are among the rockiest, on a historical basis, of the entire calendar.Trading Nationread more
An annual survey by Piper Jaffray found iPhone users willing to upgrade to newly released models declined compared to last year.Technologyread more
The UK's Civil Aviation Authority said Thomas Cook had now ceased trading and the regulator would work with the government to bring the more than 150,000 British customers...Europe Marketsread more
New York Fed President John Williams said Monday that the central bank acted quickly during last week's jolt to overnight lending markets and that the issue appears resolved...The Fedread more
The U.S. manufacturing sector recovered in September with activity growth hitting a five-month high, according to IHS Markit.Marketsread more
The holidays are a critical time for many brands, accounting for as much as 30% of a retailers annual sales. Heading into the gift-giving season, shoppers are expected to...Retailread more
Microsoft is looking for a new way to grab business from retailers as they fend off Amazon.Technologyread more
Banks have historically used armies of mortgage brokers to gather income and asset documents from prospective borrowers.Financeread more
On Sunday, the 71st Primetime Emmy Awards honored the best comedies, dramas, limited and variety series from the last year.Entertainmentread more
Guggenheim reiterates its buy rating on Boston Beer's stock and raises its price target to $462 from $449 per share.Investingread more
Check out the companies making headlines after the bell:
Shares of PVH plummeted nearly 10% in extended trading after the clothing company, which owns brands including Tommy Hilfiger and Calvin Klein, announced weak guidance for the upcoming quarter. The company reported first-quarter earnings per share of $2.46 on revenue of $2.36 billion. Wall Street had expected earnings of $2.45 per share on revenue of $2.37 billion, according to Refinitiv consensus estimates.
Shares of Palo Alto Networks dropped 5% after the the cybersecurity company announced plans to buy Twistlock, a container security company, and PureSec, a serverless security company. Palo Alto also reported third-quarter earnings of $1.31 per share on revenue of $727 million, topping Wall Street estimates of $1.25 per share on revenue of $704 million.
Veeva stock jumped more than 6% after the cloud software company reported first-quarter results that beat estimates on the top and bottom lines. Veeva reported earnings of 50 cents per share, versus the expected 45 cents per share, and revenue of $245 million, versus the expected $239 million.
Twilio stock fell nearly 3% after the cloud communications company announced that it will hold a secondary stock offering worth an estimated $750 million. Secondary share sales often dilute the value of existing holders' stakes.
Shares of Keysight Technologies jumped nearly 8% after the electronics company reported earnings that surpassed analyst expectations. Keysight reported earnings of $1.22 per share and revenue of $1.09 billion, compared with Refinitiv consensus estimates of 98 cents per share and $1.07 billion.