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Stocks making the biggest moves after hours: Lululemon, GE and Fiat Chrysler

Stocks making the biggest moves after hours: Lululemon, GE and Fiat Chrysler

Finance
A Lululemon sign hangs in front of their store at the Woodbury Commons Premium Outlets shopping mall on November 17, 2019 in Central Valley, New York.Gary Hershorn | Corbis News | Getty ImagesCheck out the companies making headlines after the bell:Shares of Lululemon Athletica slipped 5% during extended trading Wednesday despite the company's third-quarter earnings beat. The company earned 96 cents per share on revenue of $ 916 million, exceeding the earnings of 93 cents per share and revenue of $ 900 million analysts expected, according to Refinitiv. Same-store sales growth and gross margins also topped expectations, at 17% and 55.1%, respectively. Wall Street had expected same-store sales to increase by 14.4% and gross margins to increase by 54.6%.The mid-points of the company's fourth-q...
Stocks making the biggest moves after hours: Ulta, CrowdStrike, Zoom Video and more

Stocks making the biggest moves after hours: Ulta, CrowdStrike, Zoom Video and more

Finance
Pedestrians pass in front of an Ulta Beauty store in New York.Gabby Jones | Bloomberg | Getty ImagesCheck out the companies making headlines after the bell:Shares of Ulta spiked more than 9% during extended trading after the beauty retailer posted mixed third-quarter earnings and matched same store-sales estimates. The company earned $ 2.25 per share, exceeding the earnings of $ 2.13 per share analysts forecast. Revenue fell short, coming in at $ 1.68 billion, versus the $ 1.69 billion expected. Ulta matched same-store sales growth forecasts at 3.2%.Shares of Zoom Video Communications tanked as much as 11% despite the company's third-quarter earnings beat and strong fourth-quarter guidance, suggesting slower growth ahead. The company reported earnings of 9 cents per share excluding certain...
European stocks advance amid US-China trade hopes

European stocks advance amid US-China trade hopes

Finance
European markets traded higher on Monday morning, with investors hopeful of progress in the U.S.-China trade dispute.The pan-European Stoxx 600 climbed 0.7% in morning trade, with basic resources adding 1.4% to lead gains as all sectors and major bourses remained in positive territory.U.S. National Security Advisor Robert O'Brien on Saturday said a so-called "phase one" deal with China could still be reached by the end of the year. However, he also emphasized that Washington would not turn a blind eye to the Hong Kong protests.The embattled city saw the opposition pro-democracy movement make significant gains in local elections this weekend, with Hong Kong's democrats securing a symbolic majority as residents turned out in record numbers to vote.In Asia, shares rose as traders monitored th...
Stocks making the biggest moves after hours: Pinterest, Beigene, Arista Networks and more

Stocks making the biggest moves after hours: Pinterest, Beigene, Arista Networks and more

Finance
A Pinterest banner hangs on the facade of the New York Stock Exchange (NYSE) in New York City, September 22, 2017Brendan McDermid | ReutersCheck out the companies making headlines after the bell:Shares of Pinterest plummeted 20% after the bell following the company's third-quarter revenue miss. The company pulled in revenue of $ 279.7 million, while analysts had forecast $ 280.6 million. Pinterest posted earnings of 1 cent per share, topping the 4 cent loss per share expected, according to Refinitiv.Pinterest reported 322 million monthly active users, exceeding the 312 million investors projected. Average revenue per user fell just shy of estimates, however, coming in at 90 cents compared to the 91 cents per user expected.Shares of Beigene skyrocketed more than 30% after Amgen announced it...
An Elizabeth Warren presidency may not be as bad for stocks as some investors fear, strategist says

An Elizabeth Warren presidency may not be as bad for stocks as some investors fear, strategist says

Finance
An Elizabeth Warren presidency would likely be tough on some sectors, but it might not hit stock markets as hard as feared, a Jefferies strategist suggested on Wednesday.Warren, a Democratic presidential 2020 frontrunner, has bashed the rich — proposing a wealth tax — and lambasted the financial industry among other sectors. As the Massachussetts senator climbs in Democratic presidential polls, a growing pool of investors warn that her win would result in major losses for the U.S. stock market."In our industry ... there's a general perception that it would be a significant equity market correction, if she were to win," said David Zervos, chief market strategist at Jefferies. "She would change returns on capital expectations, earning expectations, regulations would go up, taxes would go up,