As Canada played through controversy at the 2002 Salt Lake City Olympics, its most beloved and iconic sports star grabbed a microphone and stood up for the nation. The Canadian men’s national team had just come from behind to tie the Czech Republic 3-3 in a heated round-robin match.Wayne Gretzky, the executive director of Canada’s team, called media reports of unrest in the Canadian locker room “American propaganda.”“I don’t think we dislike those countries as much as they dislike us,” he said. “They want to see us fail. They love beating us. … We’ve got to get that same feeling…
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At least 16 security personnel were killed on Thursday by gunmen loyal to Syria’s ousted dictator Bashar al-Assad, a war monitor said, in one of the deadliest clashes for Syria’s new leaders since the collapse of the Assad government.The attack in Latakia Province, long a stronghold for Mr. al-Assad along Syria’s Mediterranean coast, set off an hourslong clash between government forces and the gunmen. It also prompted protests across the coastal region, with thousands calling on government forces to withdraw from the area.“I heard some demonstrators threatening to return with weapons,” said Alaa Mousa, 30, a resident of Tartous, a…
Check out the companies making headlines in extended trading. Hewlett Packard Enterprise — Shares tanked 17% in extended trading. Hewlett Packard Enterprise issued weak guidance for the fiscal second quarter, calling for adjusted earnings to range from 28 cents to 34 cents per share on revenue between $7.2 billion and $7.6 billion. Analysts polled by FactSet sought 50 cents per share in earnings and revenue of $7.92 billion. The company also announced a cost reduction program, which includes plans for layoffs . Samsara — The industrial “Internet of Things” stock slid 4%. Samsara issued first-quarter guidance that was largely in…
Broadcom CEO Hock Tan.Lucas Jackson | ReutersBroadcom reported first-quarter earnings on Thursday that topped analysts’ expectations, and the chipmaker offered strong guidance for the current quarter. The stock jumped 16% in extended trading.Here’s how the company did versus LSEG consensus estimates:Earnings per share: $1.60 adjusted vs. $1.49 expectedRevenue: $14.92 billion vs. $14.61 billion expectedBroadcom said it expects about $14.9 billion in second-quarter revenue, higher than the $14.76 billion forecast by Wall Street analysts. Revenue in the last quarter rose 25% from $11.96 billion a year earlier.The company said net income increased to $5.5 billion, or $1.14 per share, from $1.33…
Recent pullbacks in Amazon and Goldman Sachs may provide a golden opportunity for investors, according to Jay Woods of Freedom Capital Markets. The firm’s chief global strategist appeared on CNBC’s ” Power Lunch ” on Thursday, offering his takes on some of the day’s biggest market stories. Here is what he had to say during “Three-Stock Lunch.” Amazon Shares of the dominant e-commerce platform fell almost 4% Thursday, leaving it off 5.5% for the week and on pace for its fifth straight weekly loss on the heels of President Donald Trump’s tariff developments . “We’re afraid of tariffs. We know…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailMichelle Meyer, Mastercard Economics Institute U.S. chief economist, joins ‘Fast Money’ to talk credit delinquencies climbing and what the latest data is signalling about the consumer. Source link
Customers shop at a Costco Wholesale store on January 31, 2025 in Chicago, Illinois. Scott Olson | Getty ImagesCostco on Thursday reported an earnings miss, but beat expectations for revenue for the second quarter.Here’s how the wholesale company did compared with what Wall Street was expecting for the quarter ended Feb. 16, based on a survey of analysts by LSEG:Earnings per share: $4.02 vs. $4.11 expectedRevenue: $63.72 billion vs. $63.13 billion expectedCostco CEO Ron Vachris said although it’s difficult to forecast the impact of tariffs, the company aims to minimize cost increases for members. A third of its U.S. sales are from imports, he said,…
Gwynne Wilcox, attorney who was a member and chairman of the National Labor Relations Board.Courtesy: National Labor Relations BoardA federal judge on Thursday reversed the firing of a National Labor Relations Board member by President Donald Trump, with a scathing ruling that said “an American president is not a king.”The ordered reinstating former NLRB chair Gwynne Wilcox came a month after she sued to be returned to the board.”The President does not have the authority to terminate members of the National Labor Relations Board at will, and his attempt to fire plaintiff from her position on the Board was a…
Antonio Neri, CEO of Hewlett Packard Enterprise, speaks during an interview with CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, October 20, 2023.Brendan McDermid | ReutersHewlett Packard Enterprise shares slid 16% in extended trading on Thursday as the data center equipment maker issued quarterly and full-year guidance that came in below consensus.Here’s how the company did in the fiscal first quarter in comparison with LSEG consensus:Earnings per share: 49 cents adjusted vs. 49 cents expectedRevenue: $7.85 billion vs. $7.82 billionHPE’s revenue rose 16% year over year in the quarter ending on Jan. 31,…
This is supposedly the NFL offseason, but if you’re feeling like you may be suffering from a case of whiplash, there’s a good reason for that.The Super Bowl came and went on Feb. 9. Two weeks later, the NFL world descended on Indianapolis for the annual scouting combine. And next week, free agency kicks off.Essentially, the action never stops in the NFL. As a result, multitasking is a crucial strength for general managers. By week’s end, front offices across the league will have finalized their game plan for free agency. Monday, at noon ET, the legal tampering period begins. Wednesday,…
