Advance Auto Parts shares plummet after dismal results, cuts to outlook and dividend
The auto parts supplier blamed its Q1 results on higher-than-expected costs, inflationary pressure, supply chain problems and lower, unfavorable product mix.
The auto parts supplier blamed its Q1 results on higher-than-expected costs, inflationary pressure, supply chain problems and lower, unfavorable product mix.
The deal is set to boost asset manager Franklin’s growth in retirement sector.
The nation’s post-Covid recovery, which handily outperformed economists’ expectations in early 2023, lost momentum this spring.
Shares of GSI Technology Inc. GSIT, a loss-making semiconductor company that has been attracting meme-like attention, pulled back 4.8% in premarket trades Wednesday. The stock ended...
Former JPMorgan Chase & Co. JPM executive Jes Staley alleged in court papers that he communicated about convicted pedophile Jeffrey Epstein with CEO Jamie Dimon,...
Shares of American Airlines Group Inc. AAL ascended 2.0% in premarket trading Wednesday, after the air carrier raised its second-quarter outlook for adjusted profit and...
Franklin Resources Inc. BEN, the parent of investment firm Franklin Templeton, on Wednesday said it would acquire Putnam Investments from Great-West Lifeco CA:GWO for about...
The U.S.-listed stock of Chinese companies moved mostly lower early Wednesday, after weak manufacturing data. China’s official manufacturing purchasing managers index fell to 48.8 in May,...
Bowlero Corp. BOWL said Wednesday it agreed to pay $90 million for Lucky Strike Entertainment LLC, which owns 14 bowling alleys in nine states. Bowlero...