Articles

Virgin Galactic Holdings Inc. is set for a major cash-flow boost when its new Delta-class spacecraft enters service in 2026, according to T.D. Cowen.

Snap Inc. plans to conduct a new round of layoffs as part of a restructuring.

ISM services index rises to four-month high of 53.4% in January

Chinese stocks suffered another rout on Monday, with a gauge of small-cap stocks trading on the mainland slumping nearly 9% at its lows.

Another analyst is cutting the cord on Charter shares in light of pressures in the company’s broadband business.

Citi analyst Keith Horowitz raises CFG to buy after recent sell-off in sector

Analysts at Bank of America led by Savita Subramanian studied earnings transcripts of companies that used the word “layoff.” Relative to the industry group they’re in, the more they use the word, the worst the return.

The parent of food brands Tyson, Hillshire Farm, Jimmy Dean and Ball Park beat profit estimates for its fiscal first quarter, overshadowing a fifth straight sales miss.

Estée Lauder’s stock soared Monday, after the beauty-products company reported fiscal second-quarter profit that beat expectations by a wide margin, and said it would cut up to 5% of its workforce.

Fast-food giant sees ‘macro challenges’ continuing in 2024.

Sales rose above forecasts due to higher pricing, strength in the energy and transportation business.

The deal “allows us to prioritize our investments in larger markets with greater earnings potential over the medium and long term, while creating balance sheet flexibility.”