Nike shares jump after beating profit estimates and reducing inventory
Takeaways Nike reported better-than-expected profits and gross margin and reduced inventory by 10%. Sales
Accenture sales and forecasts miss estimates as new bookings fall
Key takeaways Accenture's fourth-quarter revenue estimates and full-year guidance were missed as new bookings
CarMax shares fall as used car demand falls amid rising lending costs
Takeaways CarMax& Profit fell short of expectations as demand for used vehicles fell and
Workday shares fall after it cuts its revenue outlook due to economic uncertainty
Key Takeaways Workday shares fell after the human resources technology provider cut its revenue
GameStop Names Activist Investor Ryan Cohen Chairman and CEO
Takeaways GameStop has named executive chairman and activist investor Ryan Cohen as president and
Micron shares fall on weaker-than-expected guidance
Takeaways Micron reported better-than-expected revenue and profit for the quarter ended Aug. 31, but
Peloton shares its rise after reaching a partnership agreement with Lululemon
Takeaways Peloton has signed a five-year global partnership agreement with Lululemon. As part of
CVS shares fall after pharmacist threatens walkout at Kansas City locations
Takeaways Pharmacists at CVS locations in Kansas City threatened to walk off their jobs
Cleveland-Cliffs Raises Steel Prices, Stocks Jump
Takeaways Shares of Cleveland-Cliffs and other steel producers gained Wednesday after raising steel prices.
Subsidiary NextEra Energy reduces its distribution growth prospects and its shares in the two wells
Takeaways NextEra Energy subsidiary NextEra Energy Partners, LP, cut its distribution growth outlook in