Lennar Beat Earnings Estimates. The Stock Is Up 71% This Year.
Strong orders and deliveries came at a cost. The home builder reported a lower gross margin on sales than Wall Street expected.
Source: marketwatch.com
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Chewy Stock Slumps After Earnings. It Sees a Soft Macroeconomic Outlook.
Chewy stock headed lower after the online pet products retailer provided disappointing guidance for the January quarter and reduced its full-year outlook,...
Source: marketwatch.com
McDonald's testing new CosMc's chain amid massive global expansion
McDonald's is testing a new restaurant format with customizable drinks and treats designed to appeal to afternoon snackers — and grab sales from competitors such as Starbucks Corp. Read on.
Source: leaderpost.com
Chewy Shares Slump on Soft Macroeconomic Outlook
Chewy shares are trading 8.1% lower at $17.78.
Source: marketwatch.com
US Steel stuns Illinois town with plans for hundreds of firings
U.S. Steel issued layoff warnings to 1,000 employees of its Granite City, Illinois, mill this week, saying they expect to fire 60% of them due to indefinite idling of iron and steelmaking operations at the facility.
Source: fox32chicago.com