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Updated: 8 min 38 sec ago
21st Century Fox Inc. shares dropped 2.5% in premarket trade, following the media company's 2016 first-quarter earnings report.
Wendy's Co. said it had net income of $7.6 million, or 3 cents per share, in the third quarter, down from $22.8 million, or 6 cents per share, for the same period in 2014.
Wendy's, the No. 3 U.S. hamburger chain, reported a 6.5 percent fall in revenue, its eighth straight quarterly decline.
Twenty-First Century Fox reported a 6.3 percent fall in quarterly adjusted revenue as a lack of major movie releases weighed on its studio business.
Avon Products Inc. shares slid about 3% in premarket trade Wednesday, after the company reported weaker-than-expected profit for the third quarter and lowered its outlook for the full year.
Time Warner Inc. reported on Wednesday third-quarter earnings that rose to $1.04 billion, or $1.26 a share, from $967 million, or $1.11 a share, in the same period a year ago.
Target is seriously considering partnerships with outside companies to help shore up a creaky fresh food supply chain that has led to chronic shortages on store shelves.
Time Warner reported an adjusted 3Q profit of $1.25 per share, topping the estimate for $1.09. Revenue of $6.6 billion, also beat the estimate for $6.5 billion.
South Korea's Hyundai Motor will launch a new global luxury car brand called Genesis, to help it reverse out of a protracted earnings slide.
Brewer SABMiller has extended the deadline for rival Anheuser-Busch InBev to make a formal $100 billion-plus takeover offer by another week in order to finalize shareholder support for the deal.
The consumer discretionary sector is the best performer in the S&P 500 this year and as measured by the Consumer Discretionary Select Sector SPDR (NYSE:XLY), the battle is not even close.
PayPal Holdings Inc. (NASDAQ:PYPL) is nearly five months removed from its spin-off from eBay Inc. (NASDAQ:EBAY), but that is not stopping the provider of electronic and mobile payments from gaining entry into a wide array of exchange trade funds.