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☆ Stocks making the biggest moves midday: Wynn Resorts, Microsoft, Honeywell, Salesforce and more
  + stars: | 2023-01-04 | by ( Michelle Fox | ) www.cnbc.com   time to read: +5 min
The Wynn Resorts logo stands illuminated as people sit by the fountain at the Wynn Macau casino resort in Macau, China, on Tuesday, July 24, 2018. Check out the companies making the biggest moves midday:Wynn Resorts — The casino operator's stock jumped nearly 7%, building on its solid start to 2023. Salesforce — Shares of the cloud-based software company jumped more than 3% after Salesforce announced that it is cutting 10% of its personnel and reducing some office space as part of a restructuring plan. Celanese — The global chemical and specialty materials company jumped more than 6% after being upgraded by RBC Capital Markets to outperform from sector perform. The firm cited the solar company stock's "steep drop from the initial euphoria created by the Inflation Reduction Act."
☆ Stocks making the biggest moves premarket: General Electric, Salesforce, Alibaba and more
  + stars: | 2023-01-04 | by ( Tanaya Macheel | ) www.cnbc.com   time to read: +3 min
Check out the companies making headlines in premarket trading. Shares of GE were up about 2% in premarket trading. Microsoft — Microsoft shares dropped about 2% after UBS downgraded the tech giant to neutral from buy. Merck — Merck's stock rose about 1.7% after being upgraded to buy from neutral by Bank of America. Honeywell — Shares of Honeywell slipped 1.8% in the premarket after being double downgraded by UBS to sell from buy.
☆ Premarket stocks: The corporate world has a succession problem
  + stars: | 2022-12-07 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +6 min
It’s been a nasty year for Fortune 500 companies and top executives are paying for it: CEOs are exiting in droves. CEO exits eased in the third-quarter, but the C-suite door seems to be revolving again as a slew of Fortune 500 CEOs have said their goodbyes this month. Looking back: One way to avoid the succession problem is to recycle an old CEO. On average, the annual stock performance of companies led by boomerang CEOs was 10.1% lower those with a first-stint leader, he found. Shares of movie theater chain AMC (AMC) have also plummeted 55% this year.
☆ Big Tech workers who've been laid off finally get a vacation
  + stars: | 2022-12-02 | by ( Jordan Parker Erb | ) www.businessinsider.com   time to read: +4 min
For some laid-off tech workers, that thought isn't confined to just daydreams — some employees told us that since they've been laid off, they've taken the opportunity to finally go on vacation. In Big Tech, getting laid off can mean taking a fancy vacation. While the typical US worker receives little to no severance pay when they get laid off, firms like Facebook, Snap, and Twitter have been relatively generous. Some laid-off tech workers have racked up few years of sky-high pay, frequent bonuses, generous stock awards, and now, decent severance — so some are thinking, "why not travel?" See where other "freed" tech workers are headed.
☆ Stocks making the biggest moves midday: Salesforce, Five Below, Okta, Costco and more
  + stars: | 2022-12-01 | by ( Samantha Subin | ) www.cnbc.com   time to read: +4 min
Salesforce did report earnings and revenue that beat analyst expectations for the most recent quarter, however. Costco – Shares of retailer Costco shed nearly 6% after the company reported softer-than-expected sales figures for November that could signal a weak consumer heading into the holiday shopping season. The cloud data platform provider reported earnings that beat expectations but provided light revenue guidance, which sent the stock lower after-hours Wednesday. The company reported 29 cents of earnings per share on $645 million of revenue. The lingerie company reported earnings of 29 cents per share on revenue of $1.32 billion.
☆ Stocks making the biggest moves after hours: Salesforce, Snowflake, Costco, Five Below and more
  + stars: | 2022-11-30 | by ( Samantha Subin | ) www.cnbc.com   time to read: +2 min
Snowflake — The cloud stock tumbled 6% after hours on light product revenue guidance despite a top and bottom line beat. Snowflake said it expects revenue to come in between $535 million and $540 million in the fourth quarter, below estimates of roughly $553 million, according to StreetAccount. Victoria's Secret — The women's apparel maker's stock dove as much as 5% after hours on a disappointing fiscal fourth-quarter earnings forecast. PVH topped Wall Street's earnings and revenue expectations, saying it expects full-year revenues to hit the higher end of its expected range. Revenue guidance, however, came in lighter than expected.
☆ Check out the pitch document martech startup Primer used to raise $12 million from Elon Musk's top advisor, Salesforce Ventures, and others
  + stars: | 2022-11-16 | by ( Elizabeth Pham Janowski | ) www.businessinsider.com   time to read: +3 min
Marketing tech startup Primer wants to help business-to-business marketers make sense of fragmented data sources. The company just raised a $12 million Series A round, led by Craft Ventures. Primer's tools allow marketers to apply filters across all these datasets to search for more targeted audiences. With Primer's tools, companies are able to hone in on hyper-specific audiences — like women founders with stores on Shopify, or brand managers who work in the media industry. Scroll down for key slides from the Notion document that Primer used to raise its funds.
☆ Stocks making the biggest moves midday: Hasbro, Salesforce, Carnival, Lockheed Martin & more
  + stars: | 2022-10-18 | by ( Tanaya Macheel | ) www.cnbc.com   time to read: +3 min
Hasbro — Shares of the toy company dipped 2.3% after the company reported third-quarter earnings that missed expectations. Salesforce — Salesforce shares gained 5.2% after Starboard Value revealed to CNBC that it has taken a "significant" stake in the software giant. Carnival Corporation — Shares of the cruise company jumped more than 12% after one of Carnival's subsidiaries began an offering of $1.25 billion of senior priority notes due 2028. Goldman Sachs — Goldman Sachs rallied 3% after beating third-quarter analyst expectations for profit and revenue on better-than-expected trading results. Lockheed Martin — Shares of the aerospace company jumped 8.5% after Lockheed reported third-quarter earnings of $6.87 per share excluding items, which was higher than a Refinitiv estimate of $6.66 per share.
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