Posts by CNBC (old posts, page 54)
AeroVironment stock rocketed more than 21% higher Wednesday as the drone maker beat fourth-quarter expectations on the top and bottom lines.
Airport lounges, Europe and premium class are on the table, Southwest CEO says
Southwest CEO Bob Jordan said the airline is open to airport lounges and higher-end service like Europe flights and more premium classes to woo travelers.
Sales of new homes tanked in May, pushing supply up to a 3-year high
New home sales dropped much more than expected, as high prices, high mortgage rates and weak consumer confidence ate into demand.
General Mills forecasts weak annual profit as economic uncertainty weighs
Economic uncertainty from President Trump's shifting tariff policy has weighed on consumer spending in the U.S., challenging General Mills' sales.
Women's Tennis Association extends media rights deal with Tennis Channel through 2032
The Tennis Channel paid a significant increase to extend its U.S. media rights deal with the Women's Tennis Association, which includes the WTA Finals.
ESPN renews media deal with professional lacrosse, takes an equity stake in the league
ESPN is renewing its media deal with the Premier Lacrosse League and taking an equity stake in the organization.
FedEx beats earnings estimates, forecasts $1 billion cost savings in the next fiscal year
FedEx said it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its upcoming fiscal year.
FedEx beats earnings estimates, forecasts $1 billion cost savings in the next fiscal year
FedEx said it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its upcoming fiscal year.
Carnival shares pop on earnings beat and raised full-year outlook
Carnival shares climbed Tuesday after the cruise line posted stronger-than-expected second-quarter results and raised its full-year guidance.
Carnival shares pop on earnings beat and raised full-year outlook
Carnival shares climbed Tuesday after the cruise line posted stronger-than-expected second-quarter results and raised its full-year guidance.