All the factories that U.S. toy company Basic Fun works with in China told workers not to return right after the Lunar New Year holiday, said CEO Jay Foreman.
Schlagwort-Archiv: Markets
Solar tech company Nextracker prices above range at $24 a share in good sign for IPO market
The Nextracker initial public offering, which had sought to raise up to $535 million, is the biggest U.S. listing since October.
Stocks making the biggest moves after hours: Disney, Mattel, Wynn Resorts, Affirm and more
These are the stocks posting the largest moves in extended trading.
PepsiCo earnings beat expectations as price hikes boost snack and beverage sales
PepsiCo saw volume fall 2% across its food business as price hikes hurt demand even as they buoyed revenue.
Credit Suisse posts massive annual loss, CEO describes results as ‚completely unacceptable‘
Credit Suisse on Thursday reported a fourth-quarter net loss of 1.4 billion Swiss francs, as it carried out its strategic overhaul.
Disney beats expectations as streaming subscriber losses aren’t as bad as feared
Disney reported earnings after the bell. Here are the results.
Mattel shares tumble after holiday quarter fails to boost Barbie maker’s sagging sales
Mattel had hoped the holiday quarter would boost sales as high inflation weighs on consumers.
Affirm cuts 19% of workforce; shares tank on earnings miss
Affirm reported second quarter earnings that fell below analyst estimates on both the top and bottom lines.
Stocks making the biggest moves midday: Chegg, Hertz and Oak Street Health
These are the stocks posting the biggest moves during midday trading.
Fast-food giant Yum Brands tops expectations, led by strength in Taco Bell
Taco Bell reported same-store sales growth of 11% for the fourth quarter.