Paramount Global on Wednesday reported third-quarter revenue that was up 5% from a year ago, but the results missed expectations as it suffered from cord cutting and a drop in advertising revenue. Its shares were down about 11% on Wednesday morning. Here’s what the company reported compared with analysts’ expectations,Continue Reading

Pedestrians pass in front of Pinterest signage displayed outside of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Pinterest shares soared over 12% in extended trading after the company reported third-quarter earnings. Here’s how the company did. Earnings: 11 cents per share (adjusted) vs. 6 centsContinue Reading

WESTLAKE, Texas–(BUSINESS WIRE)– The Charles Schwab Corporation today announced that it will redeem on December 1, 2022, all of the 6,000 outstanding shares of its 4.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (“Series E Preferred Stock”), and the corresponding 600,000 depositary shares (“Depositary Shares”), each representing a 1/100thContinue Reading

WESTLAKE, Texas–(BUSINESS WIRE)– The Charles Schwab Corporation today announced that it will redeem on November 1, 2022, all of the 400,000 outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (“Series A Preferred Stock”) (CUSIP 808513AE5) at a redemption price of $1,000 per share. The redemption priceContinue Reading