By SIMON CONSTABLE
The recent iron-ore boom may be ending. Production of the mineral, which is used to make steel, is rebounding after recent disaster-related interruptions to mining operations. That supply surge, along with slipping demand, should send prices into a tailspin, analysts say. Read more here.
By SIMON CONSTABLE
Shares of Newell Brands were rallying in premarket trading Friday despite a massive drop in profit after the consumer-goods conglomerate's second-quarter adjusted earnings beat forecasts. Read more here.
By SIMON CONSTABLE
Shares of beleaguered action-camera company GoPro rose in after-hours Thursday after issuing an upbeat outlook despite missing quarterly earnings estimates. Read more here.
By SIMON CONSTABLE
Cloudera was jumping in premarket trading Friday on news that activist investor Carl Icahn had taken a 12.6% stake in the data analytics company.
In regulatory filings, Icahn revealed that along with his associated businesses he had accumulated the position. Icahn is chairman of New York-based conglomerate Icahn Enterprises. The filing also said Icahn might seek seats on Cloudera's board. Read more here.
By SIMON CONSTABLE
Yeti Holdings, the maker of Rambler mugs and coolers, smashed expectations with its second-quarter earnings report and raised its profit outlook for the year.The company earned 33 cents a share after adjustments, far better than the 30 cents that Wall Street expected. Read more here.
By SIMON CONSTABLE
Fitbit, the maker of wearable fitness trackers, was skipping a lot of beats in premarket trading Thursday after saying revenue for the year would be lower than it previously forecast. Read more here.
By SIMON CONSTABLE
The sizzle just left shares of plant-based protein producer Beyond Meat.
The stock was off more than 6% in premarket trading Thursday following the pricing of a secondary offering of shares Wednesday evening. Read more here.
