General view of WeWork Weihai Road flagship is seen on April 12, 2018 in Shanghai, China. World’s leading co-working space company WeWork will acquire China-based rival naked Hub for 400 million US dollars. (Photo by Jackal Pan / Visual China Group via Getty Images) VCG | Getty Images Check out the companies making headlines in … Read more
Check out the companies making headlines before the bell: Accenture (ACN) – The consulting firm’s shares fell 3.3% in the premarket after its quarterly revenue beat forecasts but earnings were impacted by the cost of its Russia exit. Accenture raised its full-year revenue forecast but cut the top end of its projected earnings range due … Read more
Twitter Kacper Pempel | Reuters Check out the companies making headlines in midday trading. Twitter – Twitter shares ticked 1.4% higher after surging earlier on news that Elon Musk offered $ 54.20 a share to buy the social media company and take it private. Earlier this month, the Tesla CEO announced a 9.2% stake in … Read more
Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter surged 8.2% in premarket trading after Tesla (TSLA) CEO Elon Musk – currently Twitter’s largest shareholder – offered to take the company private for $ 54.20 per share in cash. The proposed deal would value Twitter at more than $ 43 billion. … Read more
A trader on the NYSE, March 11, 2022. Source: NYSE Markets face what could be a hot inflation report in the week ahead and a batch of big bank earnings to start the earnings season. JPMorgan Chase and BlackRock kick off the financial industry’s first-quarter earnings releases Wednesday, with Citigroup, Wells Fargo, Morgan Stanley and … Read more
A man passes a Hewlett Packard display at a technology conference Jim Young | Reuters Check out the companies making headlines in midday trading. HP – Warren Buffett’s Berkshire Hathaway became the largest shareholder in the computer hardware company, sending shares up 16.4%. Berkshire Hathaway bought nearly 121 million shares, or about an 11% stake … Read more
Here are the biggest calls on Wall Street on
Check out the companies making headlines before the bell: Conagra (CAG) – The food producer’s stock tumbled 5.5% in the premarket after issuing a weaker-than-expected forecast for the fiscal year ending in May. Conagra’s results are being hit by higher transportation and raw materials costs. Levi Strauss (LEVI) – Levi Strauss beat estimates by 4 … Read more
Walgreens is using automation to fill more of customers’ prescriptions. Inside a Dallas area facility, bright yellow robotic arms hold pill bottles up to dispensers, which release tablets like a carefully calibrated vending machine. Melissa Repko | CNBC NORTHLAKE, Texas – Bright yellow robotic arms are becoming a bigger part of Walgreens’ workforce. Inside a … Read more