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Shares of U.S. Steel Corp. (X) slipped 8 in the extended session Wednesday after the American steel maker issued a weak outlook for the third quarter. The Pittsburgh-based company expects a loss of $0.35 per shares for the third quarter. Analysts polled by Thomson Reuters expect a loss of $0.07 per...

Tech giant Microsoft Corp. (MSFT) Wednesday announced that its board of directors declared a quarterly dividend and also approved $40 billion in share buyback. The board of directors approved a new share repurchase program authorizing up to $40 billion in share repurchases. The new share repurchase...

Shares of Herman Miller Inc. (MLHR) rose over 7% on extended trading session Wednesday after the furniture maker's first-quarter results and outlook for the current quarter trumped Wall Street analysts' estimates. Herman Miller's first-quarter profit rose to $48.2 million or $0.81 per share from $35.8...

chipotle-sept18.jpg Chipotle Mexican Grill Inc. is introducing a new protein to its menu, Carne Asada, starting this week. Carne Asada is Chipotle's newest protein addition since it reintroduced chorizo in September 2018. The Mexican food chain said that the new steak option will be available at its restaurants nationwide from Thursday, September 19, 2019.

cheezitpizza-sept18.jpg Pizza Hut has partnered with Cheez-It to launch a new item to its menu - the Stuffed Cheez-It Pizza. The pizza chain, a subsidiary of Yum! Brands, said that the new item combines Pizza Hut pizza and the Cheez-It cheese snack. Stuffed Cheez-It Pizza will be available on Pizza Hut menus nationwide for a limited-time. Pizza Hut is the official pizza sponsor of the NFL and NCAA.

Amazon.com, Inc. (AMZN) announced Wednesday the launch of Amazon PayCode in the U.S. as another payment option for its online customers. Customers can choose Amazon PayCode at checkout and then pay for their purchase in cash at one of 15,000 Western Union locations, with the items being shipped once...

Herbalife Nutrition (HLF), a global nutrition company, has partnered with China's Tencent to upgrade the company's technological capabilities and boost business growth. The three-year plan will deliver a personalized online store for service providers and sales representatives on a social customer relationship...

American Axle & Manufacturing Holdings Inc. (AXL) said Wednesday that it agreed to sell its U.S. iron casting operations to funds managed by Gamut Capital Management for an aggregate purchase price of $245 million. The sale price will consist of $185 million in cash and a $60 million deferred payment...

cancerdrugs-sept18.jpg The U.S. Food and Drug Administration on Tuesday unveiled a new international collaboration for simultaneous review and approval of cancer drugs along with the agency's Australian and Canadian counterparts. The simultaneous approval of cancer therapies by the three regulators is intended to accelerate the process of making these new treatments available to patients around the world.

Beazer Homes USA, Inc. (BZH), one of the country's largest homebuilders, reported that its sales for the first two months of the company's fourth-quarter were up 12.5 percent year-over-year. The company said the increase in sales was primarily related to a higher pace, as sales per community per month...

Entegris, Inc. (ENTG) has acquired Hangzhou Anow Microfiltration Co. Ltd. for approximately $73 million in cash. All customary closing conditions related to the deal have been satisfied. Entegris is a provider of specialty chemicals and advanced materials solutions for the microelectronics industry...

General Mills (GIS) said its profit and earnings growth were ahead of its expectations for the first-quarter. Net sales decreased 2 percent, while organic net sales were down 1 percent, for the quarter. The decline in organic net sales was due to lower organic volume, partially offset by positive organic...

The Kroger Co. (KR) said Apeel Sciences' avocados will be available in more than 1,100 Kroger stores in the U.S. The expansion of partnership follows a pilot of Apeel avocados Kroger launched in 109 Midwest stores. Kroger will also release two new produce categories, Apeel asparagus and Apeel limes,...

Shares of Wirecard AG (WRCDF.PK) were gaining around 3 percent in the morning trading in Germany after the provider of electronic payment and risk management applications announced that it has formalized strategic cooperation agreement with SoftBank Group Corp. In a statement, Wirecard said it has...

Cement giant LafargeHolcim (HCMLY.PK, HCMLF.PK) announced Wednesday that it will invest 160 million Swiss francs into advanced equipment as well as technologies to increase the use of low-carbon fuels and recycled materials in the company's processes and products. The company said it aims to further...

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