Bank of America third quarter income and revenues were ahead of expectations. Roblox surged after the release of September metrics. Splunk jumped on an activist investor stake. Credit Suisse settles a lawsuit with New Jersey State.
United Airlines plans to expand its summer 2023 transatlantic schedule to more destinations. The Dutch tech company Philips issued an earnings alert. Diamondback agreed to acquire Firebird Energy.
Hertz signs a deal with a unit of BP for electric charging stations. United Natural quarterly revenue rose but net income decreased. Cracker Barrel net income fell despite a 7% rise in menu prices.
Macy's plans to hire seasonal staff for the upcoming holiday season matching previous years. China extended tax incentives for electric vehicle purchases. LAVA Therapeutics soared after signing a licensing pact.
Accenture said quarterly revenues increased 15%. Darden Restaurants same store sales increased 4.2%. FactSet quarterly net rose 3.3%. Steelcase said it plans to trim staff and cut costs.
Germany nationalized Uniper SE. Vallourec signed a 10-year supply deal with Saudi-based Aramco. Schneider Electric offered to acquire minority stock holders in Aveva Group.
Adobe agreed to acquired multi-user design software firm Figma for $20 billion. FedEx withdrew its fiscal year 2023 earnings outlook after weak first quarter revenues and earnings.
Core & Main lifted its annual outlook. Rent the Runway announced a restructuring plan. Corteva expanded its share repurchase plan. Starbucks plans to accelerate its growth plan in China.
Kroger second quarter same store sales rose nearly 6%. Casey's General same store sales were ahead of expectations. RH Inc estimated higher third quarter sales decline. Docusign second quarter loss expanded.
Peloton reported equipment sales plunged but subscription revenues rose. Dollar Tree tightened its annual sales outlook as consumers stick to basic items. Autodesk sales and earnings rose on robust demand for its software.
McDonald's expanded its board. Signify attracts interest from two new suitors. AMC preferred units trade higher on the first day of trading. Bed Bath & Beyond plunges for the second day in a row.
Target second quarter earnings plunged after the retailer focused on clearing excess inventories. TJX earnings fell after same store sales declined. Compass Inc reported a sharp jump in quarterly loss. Krispy Kreme fell on weak annual outlook.
Walmart reiterated its outlook for the second-half of 2022. Home Depot customer transactions fell but average ticket size rose in the second quarter. Bed Bath & Beyond soars after several trading halts. Berkshire increased its stake in Ally Financial.
Illumina lowered its annual revenue growth outlook and forecasted a loss. LegalZoom Net loss shrank. Mister Card Wash lowered annual revenue growth and comparable sales outlook. Olo said quarterly loss expanded.
Norwegian Cruise said bookings are not expected to reach 2019 levels till the next year. Signet Jewelers lowered its revenue and adjusted earnings annual outlook. Allbirds plunged after the shoe retailer lowered its full-year revenue outlook.
