President Donald Trump announced Monday that he would "soon" issue an order sanctioning Turkish officials, hiking tariffs on Turkish steel up to 50% and "immediately" halting...Politicsread more
Bloomberg could be in for a showdown with Elizabeth Warren, whether he runs or not.2020 Electionsread more
As the season kicks into gear this week, S&P 500 firms are expected to report a 4.6% earnings decline over the same period a year agoEarningsread more
"I think that may have scared the Chinese that they were going to get into a serious trade war with access to our capital markets being cut off, among other things," Michael...China Politicsread more
David Rolfe, a longtime Berkshire Hathaway shareholder and CIO at Wedgewood Partners, is fed up with Warren Buffett.Marketsread more
Bank of America says investors should still look to stocks for value rather than bonds.Investingread more
Wall Street analysts estimate GM has lost more than $1 billion due to the United Auto Workers' strike, which began Sept. 16.Autosread more
The indexes traded in a tight range as investors looked ahead to the start of the earnings season while grappling with new worries over trade.Marketsread more
Check out the companies making headlines in midday trading:Market Insiderread more
"The Champagne should probably be kept on ice, at least until the two presidents put pen to paper," said state-owned media China Daily.Traderead more
Shares of SmileDirectClub sank to a new all-time low during Monday's trading session after a California bill regulating the dental industry was extended through 2024.Marketsread more
Check out the companies making headlines after the bell:
Shares of Shake Shack climbed as much as 6.35% in after-hours trading after the restaurant chain beat Wall Street's estimates for its second-quarter earnings and raised its guidance for the year. The company reported adjusted earnings per share of 27 cents on revenue of $152.7 million, beating the earnings per share of 23 cents on revenue of $149.8 million analysts polled by Refinitiv had been expecting. Shake Shack raised its 2019 guidance to between $585 million and $590 million, versus the estimated $591 million. Shake Shack noted "digital channels, including delivery, were a key contributor to these results." The company also announced this morning that it is teaming up with GrubHub for nationwide delivery.
Marriott International fell 2.1% after the hotel chain's second-quarter revenue missed estimates. The company reported adjusted earnings per share of $1.56 on revenue of $5.31 billion. Analysts had expected earnings per share of $1.56 on revenue of $5.50 billion, according to Refinitiv.
Take-Two Interactive Software climbed 7.4% after the video game company raised its full-year revenue forecast on the success of its games NBA 2K, Grand Theft Auto V and Red Dead Redemption 2. The company raised its full-year forecast to between $2.60 billion and $2.70 billion in adjusted revenue, topping its prior forecast $2.50 billion to $2.60 billion. This is in line with the $2.65 billion estimated by analysts polled by Refinitiv. Take-Two reported first-quarter revenue of $422 million versus the $357 million estimated.