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Adjusted earnings of 59 cents per share smashed analysts' expectations of 19 cents per share, per LSEG. Revenue also beat estimates, coming in at $3.77 billion compared with the $3.6 billion forecast. Otherwise, the company topped fiscal fourth-quarter earnings and revenue estimates. It now forecasts third-quarter revenue of $108 million to $113 million, lower than prior guidance of $150 million to $165 million. Tenet Healthcare — Shares jumped more than 11% after Tenet Healthcare said it would sell three of its South Carolina hospitals to Novant Health.
Persons: Ross, Dillard's, GitLab, — CNBC's Brian Evans, Alex Harring, Hakyung Kim, Tanaya Macheel, Pia Singh Organizations: Old Navy, Revenue, Brands Holdings, Spectrum Brands, ChargePoint Holdings, Tenet, Tenet Healthcare, Novant Health, Ross Stores, Reuters, Justice Department, Pacific Biosciences, UBS, biosciences, , ISI, Barclays Locations: South Carolina, California
Check out the companies making headlines in premarket trading. BJ's Wholesale Club — Shares retreated 4.6% in premarket trading after the company revised its expectation for comparable store sales in the fourth quarter amid shifting consumer behavior. Applied Materials — Shares slid 7.2% on Friday, a day after Reuters reported , citing sources, that the semiconductor company was under a Justice Department probe. Gap — The retailer soared 18.5% in premarket trading Friday. Marriott Vacations Worldwide — Shares of the timeshare company lost 2.5% after a Bank of America downgrade to underperform from neutral.
Persons: Alibaba, FactSet, Ross, Expedia, Morgan Stanley, — CNBC's Hakyung Kim, Sarah Min Organizations: BJ's Wholesale, Tenet Healthcare, Novant Health, Reuters, Justice Department, Ross, LSEG, Evercore ISI, Pacific Biosciences, UBS, biosciences, Barclays, Marriott, Bank of America Locations: Alibaba —, Carolina, California, GitLab
Roslyn Singleton, who appeared on “America’s Got Talent” and “The Ellen DeGeneres Show,” died at age 39 nearly 10 years after she was diagnosed with brain cancer. Singleton died on Nov. 15 while sleeping at home, her husband Ray Singleton said in an Instagram post. !”Singleton, a veteran of the U.S. Navy, said in an appearance on “The Ellen DeGeneres Show” in 2020 she had was first diagnosed with brain cancer in 2013. Roslyn Singleton Roslyn Royal Singleton via FacebookShe had previously been diagnosed with a different type of brain cancer at age 31, and had exhausted all options in trying to cure the disease, according to Novant Health. “I’m staying strong because I see the smile on this girl’s face,” he told Novant Health.
Two people were shot and others were injured when gunfire erupted during rapper Asian Doll’s performance at a homecoming concert at a North Carolina college over the weekend, officials said. An altercation during the concert escalated with gunfire at around 11 p.m. Saturday on the Livingstone College campus in Salisbury, police said. “During the altercation, a person, who is not a student of Livingstone College, fired one or more shots,” the Salisbury Police Department and Livingstone College said in a joint statement. The Salisbury Police Department and Livingstone College did not immediately respond to NBC News requests for comment. Livingstone College President Dr. Anthony J. Davis denounced the shooting as a "senseless act of violence."
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