Crocs Inc.’s stock tumbled 16% Tuesday after the casual-footwear company’s better-than-expected third-quarter earnings were derailed by continued weakness at its HeyDude brand and a warning that it would take longer to recover than previously expecte...
Fresh stimulus would help local authorities resolve off balance-sheet debt
Case-Shiller 20-city home price index rose 5.2% year-on-year in August.
The U.S. trade deficit in goods jumped 15% in September to 2 1/2-year high, a much larger increase than expected that could shave some growth off gross domestic product in the third quarter.
Icahn Enterprises LP’s stock fell 4% early Tuesday, after CVR Energy Inc., in which it owns a 66% stake, said it would suspend its third-quarter dividend, as unplanned outages and a weak macro environment pressured earnings.
Stocks’ stellar run over the past 18 months has given investors plenty of reasons to celebrate. But it has also saddled them with some of the most expensive valuations in recent memory.
JetBlue’s stock drops after Q3 results beat expectations but the Q4 revenue outlook disappointed.
Royal Caribbean’s stock pulls back from a record after revenue, profit outlook for the current quarter disappoint.
