Articles

AMC enjoying box-office ‘outperformance’ amid post-pandemic recovery, says B. Riley

AMC’s debt burden is also in the spotlight ahead of its full first-quarter results next week.

Wendy’s stock jumps as it points to successes in advertising

Wendy’s highlighted the impact of same-restaurant sales growth, advertising, franchise royalty revenue and its share-buyback program on its results.

Shake Shack beats profit expectations as sales trends improve each month

Shake Shack Inc. on Thursday reported first-quarter profit that beat expectations and nudged up its full-year outlook, as improved margins helped offset revenue and same-Shack sales that came up a bit short.

9 places to retire where you can go back to college practically free

What will you do in retirement? Whatever piques your interest, there’s probably a class for that.

Kellanova’s profit falls short of estimates but company strikes bullish tone

Kellanova, the packaged-food giant spun out of the former Kellogg, cited “tangible signs that this year’s return to full commercial activity is taking hold in the marketplace.”

U.S. trade deficit hovers near highest level in almost a year

The trade deficit was flat in March at a nearly one-year high, capping off a first quarter in which a bigger shortfall acting as a drag on the official measure of U.S. economic growth.

Apple is set to throw billions more in cash at investors as its stock slumps

Apple is expected to boost its buyback program by another $90 billion this year, while also upping its dividend.

Potential failure of NYCB is ‘squarely off the table (for the time being),’ analyst says

New York Community Bancorp.’s new management team “has the pedigree needed to move the bank in the right direction,” according to a Citi analyst.

U.S. productivity slumps in first quarter

Unit labor costs soar by most in a year

Jobless claims inch up to 208,000. Layoffs still extremely low.

The number of Americans who applied for unemployment benefits last week barely rose to 208,000, indicating that layoffs remain at extremely low levels associated with a sound economy.

Wrangler parent Kontoor’s stock jumps toward a 3-year high after earnings beat

Revenue fell for both Wrangler and Lee jeans brands, mostly because of retailers reducing inventory.

ConocoPhillips’s production narrowly beats analyst estimate, but profit falls slightly short

Shares ticked up premarket as the company says it plans to return $9 billion to shareholders through dividends and stock buybacks in 2024.
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