Dean Seal

Lockheed Martin shares dropped about 5.5% in afternoon trading after the company's sales fell short of analyst projections. Sales rose 1% to $17.1 billion, missing analyst projections for $17.38 billion, according to FactSet.

Frontier Communications’ largest institutional investor is the latest stakeholder to come out against the company’s proposed $9.6 billion acquisition by Verizon Communications.

The jet maker seeks to boost liquidity by selling common stock and convertible shares.

The Chinese EV giant’s net profit climbed 11.5% from a year earlier, beating the consensus estimate of analysts polled by Visible Alpha.

Ernst & Young has resigned as the auditor for Super Micro Computer after finding that it can no longer rely on management’s misrepresentations.

Roblox stock jumped after the company raised its outlook for the year, following a quarter where daily user count and hours played surged. The stock rose 15% to $49.61 in premarket trading, putting it on track to open at a two-year high. The results came after the short-selling firm Hindenberg Research said in a recent report that Roblox has reported inflated user metrics to investors and has favored growth over child safety.

The home-improvement retailer said sales came in higher than expected in the third quarter as weather around the country normalized and as demand rose for certain home projects.

Advance Auto Parts said it will close hundreds of stores and cut jobs after posting a surprising quarterly loss and forecasting revenue below market expectations.

The agency said that between its spinoff from Eli Lilly in 2019 and early 2020, Elanco used discounts and rebates to entice distributors to buy more products than they needed to meet end-user demand.

Advance Auto Parts said it will close hundreds of stores and cut jobs after posting a surprising quarterly loss and forecasting revenue below market expectations.