Market Insider

Check out the companies making headlines after the bell: Shares of Broadcom fell as much as 6 percent in the extended session, after the Wall Street Journal reported the chipmaker was nearing a deal to acquire New York-based software company CA Technologies. The $18 billion deal could help diversify Broadcom, and mark a strategic win
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Consumer price inflation data could temporarily take market focus away from trade worries, particularly if it surprises to the upside like Wednesday’s producer prices. Economists expect Thursday’s CPI data to reveal a 0.2 percent increase in both headline CPI and core CPI, excluding energy and food, according to Thomson Reuters. “I wouldn’t expect a big
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Check out the companies making headlines after the bell on Tuesday: Shares of AAR Corporation lost more than 5 percent in the extended session, after the aviation and expeditionary services provider reported mixed fourth-quarter earnings and revenue. AAR reported earnings per share of 54 cents, beating analysts’ estimates of 51 cents. The company missed on
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Check out the companies making headlines after the bell: Shares of Paccar were up as much 2.5 percent in extended-hours trading, before pairing those gains. The truck manufacturing company announced a $300 million share repurchase of its outstanding common stock. Paccar’s shareholders have seen an average return of 12.5 percent over the last 15 years,
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Cleveland has more than one reason to mourn LeBron James’ departure from the Cavaliers. While losing the four-time MVP could hurt its chances at another NBA trophy, it also could also dampen what’s currently a bustling economy around the Quicken Loans Arena. James’ management group announced Sunday that the three-time NBA champion is signing a
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Check out the companies making headlines after the bell: PriceSmart stock was down nearly 7 percent in after-hours trading. The San Diego-based company missed on earnings for its third quarter, earning 61 cents per share versus the 63 cents per share expected by analysts. PriceSmart did beat analysts’ revenue expectations generating $782 million versus the
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Trade tensions are expected to weigh on stocks, creating volatility and corrections, until the Fed pauses its rate hikes, Morgan Stanley chief equity strategist Michael Wilson said in a note. Wilson said he expects to see more “volatility with several 10 percent corrections in global equity markets at different points.” Trade issues will be the
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As tit-for-tat tariffs take effect in major global markets, some companies are already raising prices or making business changes to cope with higher costs. In response to Trump administration tariffs on steel and aluminum imports, Canada, Mexico and the European Union have each retaliated with duties on U.S. goods. Mexico’s tariffs took effect June 5
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