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Stocks making the biggest moves after hours: Gap, Salesforce, Intuit

Stocks making the biggest moves after hours: Gap, Salesforce, Intuit

Finance
Kuni Takahashi | Bloomberg | Getty ImagesCheck out the companies making headlines after the bell:Shares of Gap slid as much as 7% before settling around 1% lower in extended trading after the retailer posted second-quarter sales that missed estimates. The company reported adjusted earnings per share of 63 cents on revenue of $ 4.01 billion. Analysts had expected earnings per share of 53 cents on revenue of $ 4.02 billion, according to Refinitiv consensus estimates. CEO Art Peck cited a "challenging environment" in which all of its brands, including Old Navy, experienced a sales decline.Salesforce climbed 7% after the company announced better-than-expected quarterly revenue and raised its annual forecast. The cloud-based software company reported adjusted second-quarter earnings per ...
Heathrow cancels 172 flights as two-day strike moves closer

Heathrow cancels 172 flights as two-day strike moves closer

Business
Heathrow Airport will cancel 172 flights on Monday and Tuesday after thousands of workers overwhelmingly rejected a revised pay offer.Unite said 88% of its 4,000 union members - who include security guards, firefighters and engineers - voted to refuse the deal, meaning the parties will head to last-ditch pay dispute talks in an effort to avert a strike. A two-day strike is set to start on Monday with further industrial action planned for 48 hours from 23 August.Unite warned the airport against paying millions of pounds in compensation to airlines for cancelled flights instead of using the money to settle the dispute.Unite regional officer Wayne King said: "Heathrow faces a compensation bill in the region of £4.6m from airlines if the planned strikes go ahead.
Stocks making the biggest moves after hours: Facebook, Amazon, Snap, Chipotle, iRobot and more

Stocks making the biggest moves after hours: Facebook, Amazon, Snap, Chipotle, iRobot and more

Finance
A banner for Snap Inc. hangs on the facade of the the New York Stock Exchange on the eve of the company's IPO in New York.Brendan McDermid | ReutersCheck out the companies making headlines after the bell:Shares of technology companies Facebook, Alphabet and Amazon all fell more than 1% after the U.S. Department of Justice said it is opening a broad antitrust review of big tech companies. Apple's stock also ticked down following the report. The review is the biggest move yet by Attorney General William Barr to impose greater regulation on the sector. Snap soared more than 12% in after-hours trading after the parent company of Snapchat reported second-quarter earnings that surpassed Wall Street's estimates. The company reported a smaller-than expected loss per share of 6 cents on r...
Stocks making the biggest moves after hours: United Airlines, CSX, Seattle Genetics

Stocks making the biggest moves after hours: United Airlines, CSX, Seattle Genetics

Finance
A man enters the Wall Street subway station near the New York Stock Exchange.Michael Nagle | Bloomberg | Getty ImagesCheck out the companies making headlines after the bell:United Airlines ticked up in after-hours trading after the company's second-quarter earnings surpassed Wall Street's expectations and showed profit up more than 50% from a year ago. The airline reported adjusted earnings per share of $ 4.2, topping the $ 4.09 per share estimate from analysts surveyed by Refinitiv. The second-quarter revenue was $ 11.4 billion, close to 6% above what it was a year ago and just above the $ 11.36 billion forecast by analysts.Shares of CSX fell more than 6% after the transportation company's second quarter earnings missed estimates. CSX reported earnings per share of $ 1.08 on revenue...