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Wayfair’s stock jumps after retailer narrows loss, says quarter ended ‘on an upswing’
For the first time since before the onset of the COVID-19 pandemic, Wayfair is “seeing suppliers introducing large groups of...
Corporate insiders are on a buyers’ strike — signaling more downward pressure on stocks
Executives in the know aren’t biting at discounted share prices.
Cardinal Health’s stock falls on mixed quarterly results
Cardinal Health’s shares fell premarket Thursday after the company reported mixed quarterly results but raised its full-year profit outlook.
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...
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.
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...