CompaniesBIO

Walmart-owned Sam’s Club said Wednesday it will raise its annual fees this fall, as the warehouse club’ s membership hovers at a record high and inflation-pinched shoppers seek deals on bulk items. Fees will increase to $50 from $45 for club members and to $110 from $100 for members of its higher-tier level, “Plus,” which includes some additional perks. The changes take effect on Oct. 17. It marks the first fee hike in nine years for the entry-level membership. Sam’s Club has not raised the price of the “Plus” membership since it debuted in 1999. That brings Sam’s closer in price to rival Costco, which charges $60 a year for its basic membership and $120 for its higher-tier “Gold” membership. Prices for key staples like clothing, electronics, groceries are easing Aug. 23, 2022 03:30 Sam’s Club is hiking annual fees as warehouse clubs benefit from budget-conscious customers. Shoppers turned to Costco, BJ’s Wholesale and Sam’s Club during the early months of the Covid pandemic to sto...

A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022. Benoit Tessier | Reuters Check out the companies making headlines after the bell :  Meta Platforms — The Facebook parent plunged more than 13% after missing earnings estimates for the third quarter. Meta beat revenue estimates, posting a better-than-expected decline year-over-year but shared disappointing guidance for the fourth quarter. Ford Motor — Ford Motor shares dipped 1.1% in postmarket trading despite surpassing estimates on the top and bottom lines. The automaker took a $2.7 billion noncash writedown on its Argo AI venture, which resulted in an $827 million net loss. ServiceNow — The software stock soared 12.4% postmarket as earnings per share came in 12 cents ahead of Wall Street expectations. Other cloud stocks also rose in extended trading, including Arista Networks, which add...

Amazon.com delivery trucks in Richmond, California, U.S., on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in extended trading . Amazon — Shares of the e-commerce giant plunged as much as about 19% in extended trading Thursday after the company posted weaker-than-expected earnings and revenue for the third quarter and issued disappointing fourth-quarter sales guidance. Apple — Apple share fell as much as about 4% following its quarterly financial report, which included weaker- than-expected iPhone revenue. Apple still beat Wall Street estimates for its earnings and revenue, however, and the shares pared their losses. Intel — The chipmaker saw shares gain 7.5% after it said it will deliver up to $10 billion in cost reductions and efficiency improvements through 2025. The announcement came as part of its financial results for the most recent quarter. Pinterest — The social media platform's shares climbed 15% postmark...

A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022. Benoit Tessier | Reuters Check out the companies making headlines after the bell :  Meta Platforms — The Facebook parent plunged more than 13% after missing earnings estimates for the third quarter. Meta beat revenue estimates, posting a better-than-expected decline year-over-year but shared disappointing guidance for the fourth quarter. Ford Motor — Ford Motor shares dipped 1.1% in postmarket trading despite surpassing estimates on the top and bottom lines. The automaker took a $2.7 billion noncash writedown on its Argo AI venture, which resulted in an $827 million net loss. ServiceNow — The software stock soared 12.4% postmarket as earnings per share came in 12 cents ahead of Wall Street expectations. Other cloud stocks also rose in extended trading, including Arista Networks, which add...

The logo of Alphabet Inc's Google outside the company's office in Beijing, China, August 8, 2018. Thomas Peter | Reuters Check out the companies making headlines after hours. Alphabet — The search engine parent dropped 5.8% after Alphabet missed third-quarter earnings expectations, and reported a decline in YouTube ad revenue. Alphabet earned $1.06 per share on revenue of $69.09 billion. Analysts surveyed by Refinitiv were forecasting $1.25 earnings per share on revenue of $70.58 billion. Microsoft — Shares slipped 2.7% after Microsoft reported weaker-than-expected cloud revenue in its latest quarterly results, despite otherwise beating earnings and revenue forecasts . Texas Instruments — Shares declined 5.7% after TI's Q4 revenue and earnings forecasts missed the average analyst's consensus estimate, according to FactSet. Texas Instruments posted Q3 revenue of $5.24 billion, greater than the $5.14 billion forecast, according to consensus estimates from Refinitiv...

In this article AA KMI LRCX IBM TSLA Follow your favorite stocks CREATE FREE ACCOUNT A general view shows the Tesla logo on the Gigafactory in Gruenheide near Berlin, Germany, August 30, 2022. Annegret Hilse | Reuters Check out the companies making headlines after hours. Tesla — Shares dropped 3.7% after the electric vehicle maker reported third -quarter revenue that missed analyst expectations. Tesla reported earnings of $1.05 per share, compared to expectations of 99 cents adjusted earnings per share, according to analysts surveyed by Refinitiv. Revenue came in at $21.45 billion, less than the $21.96 billion expected. IBM — Shares jumped 3.9% after IBM beat analyst expectations in its third-quarter earnings results, and raised its full-year growth outlook. The tech company reported adjusted earnings of $1.81 per share, greater than the $1.77 per share expected by analysts, according to Refinitiv. Revenue came in at $14.11 billion, or more than the forecasted $13.51 billion. Lam ...

In this article GTLB NWL COUP Employees assemble food containers on a production line at the Newell Rubbermaid factory in Mogadore, Ohio. Ty Wright | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Newell Brands — The parent company of brands such as Yankee Candle and Rubbermaid saw its shares fall 3 .8% after hours after revising its third-quarter revenue guidance, forecasting less than what it had previously expected. The company CEO said Newell has experienced "a significantly greater than expected pullback in retailer orders and continued inflationary pressures on the consumer." Gitlab – The software developer's shares ticked up by 0.04% even after the company reported a narrower-than -expected loss for its most recent quarter . Gitlab also issued better-than -expected guidance for third-quarter per -share losses and revenue. Coupa Software — Coupa shares surged 13% after smashing earnings estimates for its most recent quarte...

Walmart-owned Sam’s Club said Wednesday it will raise its annual fees this fall, as the warehouse club’ s membership hovers at a record high and inflation-pinched shoppers seek deals on bulk items. Fees will increase to $50 from $45 for club members and to $110 from $100 for members of its higher-tier level, “Plus,” which includes some additional perks. The changes take effect on Oct. 17. It marks the first fee hike in nine years for the entry-level membership. Sam’s Club has not raised the price of the “Plus” membership since it debuted in 1999. That brings Sam’s closer in price to rival Costco, which charges $60 a year for its basic membership and $120 for its higher-tier “Gold” membership. Prices for key staples like clothing, electronics, groceries are easing Aug. 23, 2022 03:30 Sam’s Club is hiking annual fees as warehouse clubs benefit from budget-conscious customers. Shoppers turned to Costco, BJ’s Wholesale and Sam’s Club during the early months of the Covid pandemic to sto...

In this article CRWD HPQ CHWY PVH Chewy CEO Sumit Singh (C) rings the opening bell to commence the day's trading for the Chewy Inc. IPO at the New York Stock Exchange (NYSE), June 14, 2019. Andrew Kelly | Reuters Check out the companies making headlines after the bell :  Chewy — Chewy shares slumped 8% after hours as the company missed Wall Street's revenue estimates for the recent quarter and shared a disappointing forecast for the current period and full year. The online pet retailer also shared a surprise earnings beat of 5 cents a share. PVH — Shares of the apparel company and owner of Calvin Klein slipped more than 3% in extended trading after revenue for the recent quarter fell short of Wall Street's estimates. PVH also said it's cutting 10% of its workforce in global offices and shared a weak outlook ahead. HP — The laptop maker's stock fell nearly 3% in extended trading after the company reported disappointing revenue. Analysts had expected it to ear...