Check out the companies making headlines in the premarket Wednesday: Levi Strauss — The denim apparel maker posted third-quarter earnings of 31 cents a share on revenue of $1.45 billion, sending its stock up nearly 1% in the premarket. Analysts polled by Refinitiv expected a profit of 28 cents a share on $1.44 billion in
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Siu Rui Quek had always been entrepreneurial. As a teen, he would fuel his passion for technology and earn extra cash buying and selling gadgets online. But it was a lesson learned in his early twenties from enterprising icons Mark Zuckerberg and Jack Dorsey that set him on course for the big times. That lesson?
An employee works next to shoes on display inside the flagship store of sporting-goods giant Nike in Shanghai on March 16, 2017. Johannes Eisele | AFP | Getty Images An ongoing spat between the NBA and China could end up hurting Nike, which has ties to both the basketball organization and the region. Greater China,
GOVERNORS ISLAND, N.Y. — They are salty, sumptuous and often served opulently on ice. They are also now on the front lines in the fight to protect coastal real estate from climate change. Oysters — more precisely, oyster reefs. Oyster reefs are hard, natural barriers that protect shorelines from erosion, rising tides and increasingly severe
CNBC’s Jim Cramer tells viewers not to panic because the U.S. economy can rebound from the current slowdown. The “Mad Money” host breaks down Costco’s recent quarter and explains why the stock managed to rally, despite mixed results. Later in the show he goes over Six Flags’ rejected $4 billion bid for Cedar Fairs and