FAA to investigate Southwest flight that departed from closed runway in Maine. (Reuters) – The Federal Aviation Administration said on Friday it will investigate a Southwest Airlines (NYSE: LUV) flight that departed from a temporarily closed runway in Maine...
Nike slumps after flagging sales decline. Shares in Nike (NYSE: NKE) shed more than 14% premarket after the sports apparel company told investors that revenue is expected to fall by 10% in the current quarter.Sales in the ongoing fiscal year are also seen decreasing...
Rivian investors to seek details on path to profits at investor day. By Akash Sriram(Reuters) – Rivian (NASDAQ: RIVN) shareholders will seek details on the company’s upcoming models and progress in cutting costs at an investor day event on Thursday, two...
TS Lombard analysts outline what's at stake in Trump-Biden debate. Democratic President Joe Biden will square off against Republican challenger Donald Trump in a televised debate on CNN on Thursday, in the first head-to-head encounter between the two candidates prior...
General Mills sees tepid annual profit, posts Q4 sales decline as demand falters. By Anuja Bharat Mistry(Reuters) -Cheerios cereal maker General Mills (NYSE: GIS) forecast annual profit below estimates on Wednesday and posted a bigger-than-expected drop in quarterly...