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Small business owner Stephanie Vitori has gone from burger delivery girl to owning one of South Beaches most buzzed about burger joints. Vitori is the owner of Cheeseburger Baby, a frequent hot spot for celebrity clients that include Beyonce, Kanye West, Diddy and Gabrielle Union. “We have a large celebrity clientele. Once the word got
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One Medical’s waiting room One Medical One Medical parent 1Life Healthcare priced its initial public offering at $14 per share late Thursday, at the bottom of the expected range of $14-$16 per share. The health care services firm, which is not yet profitable, raised $245 million in gross proceeds through JP Morgan and Morgan Stanley.
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A deadly spreading virus is now worrying some of the world’s biggest companies. The word “virus” or “coronavirus” was mentioned by 27 different S&P Composite 1500 companies on earnings calls this week, according to CNBC’s screening using FactSet. The Wuhan virus has infected more than 6,100 people in China, topping the number of cases from
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Shares of Caterpillar fell on Friday after reporting a revenue miss in the fourth quarter, citing “global economic uncertainty.” Industrial giant’s quarterly earnings came in at $2.63 per share adjusted, compared to an estimate of $2.37 per Refinitiv. However, its revenue fell 8% year-over year to $13.144 billion, below the estimate of $13.412 billion. CEO and
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Jeff Bezos, founder of Amazon Katherine Taylor | Reuters Check out the companies making headlines after the bell: Amazon – The e-commerce giant’s stock surged more than 10% in extended trading after the company reported better-than-expected results for the fourth quarter. Amazon reported earnings of $6.47 per share on revenue of $87.44 billion, while analysts
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Elon Musk Jim Watson | AFP | Getty Images Tesla CEO Elon Musk doesn’t have a lot of love for Wall Street – a fact he often mentions, including on Wednesday night’s earnings conference call. To begin with, Musk’s company hosts an nontraditional quarterly call with shareholders: After making a short statement about Tesla’s results,
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NOVOSIBIRSK, RUSSIA – JANUARY 30, 2020: A Rospotrebnadzor (Russian Federal Service for Consumer Protection and Welfare Supervision) official uses thermal imaging devices to remotely measure temperature of passengers arriving at Novosibirsk International Airport from Sanya, China, in connection with the outbreak of a pneumonia-like coronavirus in the Chinese city of Wuhan in December 2019. Kirill
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An employee assembles an excavator at the Caterpillar Inc. manufacturing facility in Victoria, Texas. Callaghan O’Hare | Bloomberg | Getty Images Here are the most important things to know about Friday before you hit the door. 1. Caterpillar earnings Industrial giant Caterpillar is set to report quarterly earnings before the bell Friday. Investors will look
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Jeff Bezos Matthew Staver | Bloomberg | Getty Images Amazon is set to report fourth-quarter earnings after Thursday’s closing bell. Here are the key numbers: Earnings per share: $4.03 per share, according to analysts surveyed by Refinitiv Revenue: $86.02 billion, per Refinitiv Amazon Web Services: $9.81 billion, according to FactSet Amazon is expected to see
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Tesla Inc CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, China, January 7, 2020. Aly Song | Reuters Investors betting against Elon Musk’s electric-auto maker Tesla collectively lost more than $1 billion-plus on Thursday as the company’s stock rocketed higher after its better-than-expected earnings report. Tesla popped 11.4%
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