A robot is producing auto parts on the production line of an auto parts company in Minhou County, Fuzhou, China, on May 7, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — European companies in China are finding it harder to make money in the country as growth slows and overcapacity pressures increase, according to […]
Check out the companies making headlines in extended trading. Yelp — Shares of the restaurant review site slid 6% as Yelp posted light second-quarter revenue guidance. The company reported first-quarter earnings of 20 cents a share, surpassing analysts’ estimates of 6 cents a share, per LSEG. Revenue for the period came in line with expectations, […]
Check out the companies making headlines in midday trading. Planet Fitness — Shares jumped 5.6% after trading lower premarket Thursday. First-quarter earnings excluding one-time items of 53 cents a share topped analysts’ consensus estimate of 50 cents, EBITDA of $106.3 million was better than an estimated $104.8 million and comparable unit sales of 6.2% beat […]
Epoxydude | Fstop | Getty Images A Consumer Financial Protection Bureau regulation that promised to save Americans billions of dollars in late fees on credit cards faces a last-ditch effort to stave off its implementation. Led by the U.S. Chamber of Commerce, the card industry in March sued the CFPB in federal court to prevent […]
Check out the companies making the biggest moves in premarket trading: Planet Fitness — Shares tumbled as much as 7% after the gym franchise reported a revenue miss for its first quarter and issued disappointing guidance for the year. Quarterly revenue was $248 million, versus the $249.5 million expected from analysts polled by FactSet. Planet […]
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A logo outside the Banco Sabadell SA offices at the Banc Sabadell Tower in Barcelona, Spain, on Wednesday, May 1, 2024. Bloomberg | Bloomberg | Getty Images Spanish bank BBVA caught markets by surprise on Thursday after it announced a rare hostile takeover bid for domestic rival Banco Sabadell, with one investment firm describing the […]
A key is seen in front of a computer screen displaying the Airbnb logo in Ankara, Turkey, on Nov. 22, 2023. Dilara Irem Sancar | Anadolu | Getty Images Check out the companies making headlines in extended trading: Airbnb — The hoteling company issued disappointing forward guidance, dragging shares down 8%. Airbnb said second-quarter revenue […]
Spencer Platt | Getty Images Shares of Robinhood rose in extended trading Wednesday afternoon after the retail brokerage announced stronger-than-expected first-quarter results. Robinhood reported net income of $157 million, or 18 cents per share, for the first quarter. That is a positive swing from the same period last year, when the company had a net […]
Check out the companies making headlines in midday trading. Uber Technologies — The ride-hailing giant fell more than 8% after posting mixed first-quarter results . The company’s overall revenue exceeded expectations, coming in at $10.13 billion versus analysts’ estimate of $10.11 billion, per LSEG. However, the company posted a loss of 32 cents per share. […]
