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Bloomin’ Brands Inc. stock BLMN, +2.06% rose 2.5% in premarket trade Friday, after the Outback Steakhouse parent posted better-than-expected earnings for the third quarter and raised its full-year revenue guidance. Tampa, Fla.-based Bloomin’, which also operates Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse and Wine Bar, posted net income of $31.986 million, or […]
The plunge in Amazon.com Inc.’s stock AMZN, -9.31% following a disappointing third-quarter earnings report and outlook puts the ecommerce giant on track to lose its place as a trillion-dollar company for the first time in 2 1/2 years. The stock dropped 12.0% in premarket trading, and is heading for the first trade below the $100 […]
Paul Pelosi, the husband of House Speaker Nancy Pelosi, was “violently assaulted” early Friday following a break-in at the couple’s residence in San Francisco, the speaker’s office said. “Mr. Pelosi was taken to the hospital, where he is receiving excellent medical care and is expected to make a full recovery,” said Speaker Pelosi’s spokesman Drew […]
Twitter shareholders would receive $54.2 per share on their holdings as part of the deal, but Musk has said earlier that he might take the company public again in 3-5 years. 924 Total views 22 Total shares Social media giant Twitter was officially acquired by Elon Musk on Oct. 27 in a deal that saw […]
Exxon Mobil Corp. shares rose 2.3% in premarket trade Friday, after the energy giant blew past estimates for the third quarter. The Irving, Texas-based company posted net income of $19.7 billion, or $4.68 a share, for the quarter, up from $17.850 billion, or $4.21 a share, in the year-earlier period. Adjusted for one-time items, the […]
Shares of Chevron Corp. CVX, +0.46% rallied 2.4% toward a record high in premarket trading Friday, after the oil and gas giant reported third-quarter profit, revenue and free cash flow beat expectations by wide margins, as total oil-equivalent production from U.S. upstream operations increased by nearly 50,000 barrels per day. Net income jumped to $11.23 […]