Chipotle tops profit estimates as turnaround takes shape
Chipotle Mexican Grill Inc topped Wall Street profit estimates on Thursday, as newer menu items and a marketing blitz helped the burrito chain recover from a series of food-safety lapses that had kept diners away.
Snap loses users, says more declines possible
Snap Inc lost more users than Wall Street expected in the third quarter as it continued to grapple with an unpopular redesign of its Snapchat photo-messaging app and fierce competition from Facebook’s Instagram.
Republican senator decries USDA aid for WH Group unit Smithfield
A prominent Republican on the U.S. Senate Agriculture Committee complained on Thursday about Chinese-owned Smithfield Foods Inc receiving aid from the U.S. Department of Agriculture meant to help American farmers hurt by China’s trade tariffs.
Amazon projects holiday season sales below Wall St. targets
Amazon.com Inc on Thursday forecast holiday season sales that disappointed Wall Street, attributing what would be its lowest growth in years more to accounting issues than to any slowdown in business for the world’s largest online retailer.
Weak reports from Amazon and Alphabet hit Facebook, Netflix
So-called FANG stocks dropped in extended trade on Thursday following disappointing quarterly reports from Amazon.com Inc and Alphabet Inc , two of the group’s components.
Mattel reports surprise rise in North America sales, shares jump
Mattel Inc reported a surprise rise in North American sales, allaying concerns about the effects of retailer Toys ‘R’ Us’ liquidation on the toy industry and driving its shares up 8 percent on Thursday.
Wall St. rebounds, dollar gains as euro swoons on Draghi
U.S. stocks climbed back on Thursday after a massive sell-off the day previous, with strong earnings encouraging investors to venture into risky bets again, while the dollar gained on the euro.
Alphabet’s misses Wall Street revenue estimates, shares fall
Google parent Alphabet Inc on Thursday reported slower third-quarter revenue growth than analysts had expected, with ad sales barely topping estimates and other revenue missing forecasts, sending shares down more than 4 percent after hours.
Wall St. rebounds after upbeat earnings, bargain hunting
U.S. stocks jumped on Thursday, giving the Nasdaq its biggest daily gain since March, as Microsoft’s upbeat earnings spurred a rebound in technology names and investors snapped up oversold shares.
Third Point sues Campbell Soup, accuses it of misleading investors
Activist investor Third Point LLC sued Campbell Soup Co on Thursday, alleging the soup and snack maker’s board misled investors about the competence of its directors and the way it carried out a recently completed strategic review.
