MGM Resorts racks up $100M cost from cyberattack
MGM Resorts International has put a number on the cost of the disruptive cyberattack it experienced in September. It estimated the damage at $100 million.
Modelo parent boosts outlook after Bud Light controversy
The maker of Modelo and Corona beer, Constellation Brands, boosted its financial outlook as it continues to benefit from the backlash over Bud Light’s Dylan Mulvaney marketing campaign.
Clorox says cyberattack will impact first-quarter net sales, earnings
Clorox revealed Wednesday how much it anticipates the cyberattack that the company recently experienced will weigh on its first-quarter financial performance.
Regional banks will be the better investment over time: Bob Diamond
Former Barclays CEO Bob Diamond discusses the health of the banking sector after regional bank turmoil on 'The Claman Countdown.'
UAW strike, jobs report and Tesla deliveries top Wall Street’s week ahead
Wall Street is keeping close tabs on the UAW strike against Ford, GM and Stellantis as it drags into its third week, as well as three key reports on the job market.
GameStop names Ryan Cohen CEO
GameStop is naming billionaire Ryan Cohen as CEO, effective immediately. Cohen is the company's largest investor and replaces Matt Furlong, who was fired in June.
Costco exec says membership fee increase question of 'when, not if'
Costco CFO Richard Galanti remained coy about when the retailer's members could see their membership price increase, saying it would 'happen at some point.'
Kevin Mahn warns of economic 'slowdown period,' recession if Fed continues to raise rates
Hennion & Walsh Asset Management President and CIO Kevin Mahn discusses how a government shutdown could impact the markets, the Federal Reserve's handling of interest rates and the 3Q earnings season.
Government shutdown historically has not had a significant impact on stock prices: Mark Luschini
Janney Montgomery Scott chief investment strategist Mark Luschini discusses his outlook for the markets amid a looming government shutdown and the return on $100 per barrel oil.
UAW strike, Nike and Costco earnings, FOX Business’ Republican debate top week ahead
The UAW strike against Detroit's Big Three continues, plus earnings from Nike, Costco, CarMax and Carnival Corp. are on tap. And FOX Business Network hosts the Republican debate.
Cheerios maker General Mills beats first-quarter estimates on higher product prices
General Mills CEO Jeff Harmening said the company's retail market share fell in North America during the quarter, compared with a year ago when it had "superior on-shelf availability."
Fed decision, Instacart IPO and UAW strike top week ahead
Investors will be closely watching the Federal Reserve's decision on interest rates, as well as the ongoing UAW strike against Ford, GM and Stellantis in the coming week.
Apple event, Arm Holdings IPO, UAW deadline, 9/11 anniversary top week ahead
Earnings and economic data will begin on the 22nd anniversary of 9/11, with the largest IPO of 2023 expected midweek and UAW deadline for Ford, GM and Stellantis this week.
Fed will 'live to regret' pausing interest rates: Kenny Polcari
SlateStone Wealth chief market strategist Kenny Polcari and Bulls Eye Option chief market strategist Alan Knuckman discuss what the market needs to regain momentum on 'The Claman Countdown.'
AAON keeps its cool with 30% year-to-date stock gain
AAON CEO Gary Fields discusses how extreme weather events and the commercial real estate downturn are affecting the HVAC solutions company on 'The Claman Countdown.'
Warner Bros. Discovery says Hollywood strikes could cost company up to $500M this year
Warner Bros. Discovery cut its earnings outlook for the year by hundreds of millions of dollars, blaming the ongoing Hollywood actors and writers strikes.
Labor Day, GameStop and Kroger earnings and Goldman’s technology conference top week ahead
After the Labor Day holiday, investors will kick off the first week of September with a host of earnings and Goldman's technology conference featuring the world's biggest AI players.
Dollar General expects $100M headwind from theft
Dollar General reported Thursday that its gross profit as a percentage of net sales slipped in its second quarter in part because of an elevated level of inventory shrink.
‘Big problems’ for retail market ahead of Q4: David Stryzewski
Sound Planning Group CEO David Stryzewski tells ‘The Big Money Show’ that with consumers’ discretionary income going ‘out the door,’ shoppers do not have the cash to shop like they used to.
Jobs report, inflation data, Best Buy earnings, US Open top week ahead
It's a big week for jobs and housing data as well as more retail earnings as investors wind down the final days of August leading into the Labor Day holiday weekend.