Nutanix Inc.’s NTNX stock jumped more than 6% in extended trading Wednesday after the cloud-software company reported quarterly results that eclipsed analyst revenue and earnings estimates. Nutanix reported a fiscal-first-quarter net loss of $15.8 mill...

Shares of La-Z-Boy Inc. LZB rose 4% in the extended session Wednesday after the company reported second-quarter earnings above expectations and increased its dividend by 10%. La-Z-Boy earned $27 million, or 63 cents a share, in the quarter, compared wi...

Walt Disney Company Co.’s DIS board of directors on Wednesday added James P. Gorman, chairman and chief executive of Morgan Stanley MS, and Sir Jeremy Darroch, a veteran media executive and former group CEO of Sky. Darroch’s appointment is effective Ja...

Shares of GameStop Corp. GME ran up 20% on Wednesday to end at $16.25, their best since Sept. 29, as the original “meme” stock continued to get a boost from aggressive bets by options traders. The consumer electronics and videogame retailer’s stock sho...

Victoria’s Secret & Co.’s VSCO stock is up 2% in after-hours trading Wednesday after the retail store reported quarterly results. Victoria’s Secret reported a fiscal-third-quarter net loss of $71.2 million, or 92 cents a share, compared with net income...

PVH Corp. shares PVH dropped more than 3% in the extended session Wednesday after the parent of the Calvin Klein and Tommy Hilfiger brands raised its per-share expectations for the year but reported third-quarter revenue slightly below Wall Street expe...

Shares of Pure Storage Inc. PSTG dropped more than 14% in the extended session Wednesday after the tech company reported fiscal third-quarter earnings above Wall Street expectations but guidance for its current quarter and full 2024 disappointed. Pure ...

Costco Wholesale Corp. COST said late Wednesday its November sales rose 5.1% to $20.14 billion, from $19.17 billion in November 2022. Same-store sales rose 3.5%, the retailer said, while e-commerce sales increased 9.9%. Shares of Costco rose 0.3% in th...

Stocks ended mostly a shade lower on Wednesday, but remained on track for the biggest monthly gains of 2023. The Dow Jones Industrial Average DJIA eked out a gain of around 14 points, or less than 0.1%, to close near 35,431, according to preliminary fi...

U.S. stocks were trading below the session’s highs in the final hour of trade, but still were on pace to book their biggest month of gains of the year. The Dow Jones Industrial Average DJIA was about 80 points higher, or 0.2%, trading near 35,499. That...

U.S. oil futures settled at their highest in about two weeks Wednesday, ahead of Thursday’s much-anticipated OPEC+ decision on oil output. “Uncertainty has gripped the market since the group failed to reach a consensus,” said Robbie Fraser, manager, Gl...

Managed-care providers Cigna Group CI and Humana Inc. HUM are in talks to combine in a cash-and-stock deal that could be finalized before year-end, the Wall Street Journal reported Wednesday, citing people familiar with the matter. Cigna’s market value...

Birkenstock Holdings PLC’s stock BIRK reached its initial public offering issue price for the first time on Wednesday, about a month and a half after hitting markets. The stock has traded in a range of $45.15 to $46.24 so far in the session. surpassing...

The Energy Information Administration on Wednesday reported that U.S. commercial crude inventories rose by 1.6 million barrels for the week ending Nov. 24. On average, analysts polled by S&P Global Commodity Insights expected the report to show a decli...

JPMorgan Chase & Co. JPM Chief Executive Jamie Dimon said Wednesday he’s less certain than others that the U.S. economy may avoid a recession, according to the New York Times live blog of his appearance at the 2023 DealBook Summit. Dimon said he’s givi...

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Win McNamee/Getty ImagesFed funds futures traders are lifting the likelihood of at least a quarter-point rate cut from the U.S. central bank by May, driven by optimism that inflation will continue to fall.That likelihood was seen at 77.9% as of Wednesd...

U.S. stocks opened higher on Wednesday as Treasury yields fell and investors digested an estimate on economic growth in the third quarter that was revised higher. The Dow Jones Industrial Average DJIA was up 0.1% soon after the opening bell, while the ...

Shares of Rover Group Inc. ROVR rocketed 27.1% in premarket trading, putting them on track for a record one-day gain, after the online pet-care marketplace announced an agreement to be acquired by Blackstone Inc. BX in a cash deal valued at $2.3 billio...

Shares of Beyond Inc. BYON jumped 7.3% toward a two-month high in premarket trading Wednesday, after the parent of Bed Bath & Beyond and the company formerly known as Overstock said Chairperson Allison Abraham will now share the chairperson title with ...

Phillips 66’s stock PSX rose 6% in premarket trade Wednesday, after Elliott Investment Management LP said it has accrued a roughly $1 billion investment in the energy company and sees potential upside of about 75%. The hedge fund of activist investor P...

Open Text Corp.’s stock OTEX was up by 2% in premarket trading on Wednesday, a day after the company said it would sell its AMC business unit to Rocket Software Inc., a Bain Capital portfolio company, for $2.28 billion in cash. OpenText’s AMC unit spec...

Martha Stewart CBD on Wednesday unveiled a line of CBD edibles offering aid in sleep and other potential wellness benefits, with backing from Canopy Growth Corp. CGCCA:WEED as well as Marquee Brands, a licensing and development company backed by Neuber...

Shares of Dollar Tree Inc. DLTR sank 2.1% in premarket trading Wednesday, after the discount retailer missed fiscal third-quarter earnings and sales expectations, but provided an in-line outlook for the current quarter. Net income for the quarter to Oc...

Shares of Petco Health & Wellness Co. Inc. WOOF tumbled 14.3% in premarket trading Wednesday, after the pet care products retailer reported a surprise fiscal third-quarter loss and slashed its full-year outlook, and said it was taking “swift and decisi...

The Chemours Co. CC said Wednesday it reached a settlement with the State of Ohio along with DuPont de Nemours Inc. DD and Corteva Inc. CTVA for $110 million to resolve claims related to the manufacture and sale of per- and polyfluoroalkyl substances (...

KKR & Co. Inc. KKR and Global Atlantic Financial Group LLC said Wednesday they have reached an agreement for KKR to acquire the remaining 37% stake of insurer Global Atlantic, boosting its stake to 100%. The private equity firm will pay about $2.7 bill...

Shares of Foot Locker Inc. FL ran up 11.2% toward a four-month high in premarket trading Wednesday, after the athletic footwear retailer reported fiscal third-quarter beat profit, revenue and same-store sales expectations, citing improved conversion tr...

Birkenstock Holding PLC’s stock BIRK is edging close to its initial public offering price after closing Tuesday at $45.38, just below the IPO issue price of $46. The iconic German sandal-maker’s stock has not yet traded at that level after it went publ...

General Motors Co.’s stock GM soared 5% early Wednesday, after the car maker said its reinstating its 2023 earnings guidance and conducting a $10 billion accelerated share buyback program. The company is also planning to increase its dividend by 33% be...