Hertz shares rally as third-quarter earnings crush expectations

Hertz Global Holdings Inc.’s HTZ, -1.39% stock jumped in Thursday’s extended session after the car rental company posted quarterly results that exceeded Wall Street’s expectations. Hertz reported its third-quarter earnings rose to $141 million, or $1.68 a share, from $93 million, or 93 cents a share, a year earlier. On an adjusted basis, the company would have earned $2.14 a […]

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FTSE 100 ends lower thanks to Wm. Morrison, strong pound

U.K. stocks ended Tuesday’s session slightly lower, as a decline in shares of supermarket giant Wm. Morrison Supermarkets PLC and tobacco giant British American Tobacco PLC dragged the index down. A strong British pound versus its key rivals, spurred by Brexit hopes, also contributed to the FTSE 100’s decline. The FTSE 100UKX, -0.89% closed 0.9% lower at 7,040.68, reversing Monday’s […]

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Elf Beauty shares soar nearly 19% after a sales boost from Target

ELF Beauty Inc. shares soared nearly 19% in early Tuesday trading after the cosmetics company got a little help from big-box retailer Target Corp., which drove better-than-expected third-quarter sales results. Elf Beauty ELF, +19.19%  reported sales of $63.9 million, a decline from $71.9 million last year, but ahead of the $60.1 million FactSet consensus. Earnings of 8 cents per share […]

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GoPro stock logs worst day on record amid concerns about holiday discounting

GoPro Inc. has warned investors to brace for a rocky holiday season yet again. The maker of action cameras beat top- and bottom-line expectations with its third-quarter earnings report Thursday, thanks to momentum for the company’s new Hero7 Black camera. But GoPro GPRO, -24.23% also said that it expects to ramp up promotions during the December quarter, especially with its cheaper […]

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Sturm Ruger shares slip on big earnings miss

Sturm, Ruger & Co. RGR, -3.08% shares were down slightly in the extended session Wednesday after the gun maker’s quarterly results fell well short of Wall Street estimates. Sturm Ruger shares, however, were only down 0.7% in recent after-hours activity, following a 3.1% decline to close the regular session at $59.39. The company reported third-quarter net income of $9.2 million, […]

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Americans are the most confident in the economy in 18 years despite stock slump

The numbers: Americans’ confidence in the U.S. economy stood at an 18-year high in October, suggesting the recent slump in the stock market has not dimmed their optimism. The consumer confidence index rose to 137.9 this month from a revised 135.3 in September, the Conference Board said Tuesday. The September reading had originally been even higher at 138.4. Will Florida […]

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Marijuana stocks bounce, with sector ETF set to snap 6-session losing streak

Shares of cannabis companies were broadly higher Wednesday, as the sector was set to snap a six-session streak of losses. The ETFMG Alternative Harvest ETF MJ, -2.88% rallied 1.7% in premarket trade, after tumbling 22% over the past six days. Among the more-active stocks ahead of the open, Aurora Cannabis Inc. ACB, -11.39% rallied 4.9% ahead of the open. The […]

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