World News

Ulta Beauty stock tanks after retailer warns of ‘sales headwinds’

Workday stock rises after earnings beat

Workday Inc. WDAY, +1.26% shares rose in the extended session Thursday after the cloud-software company’s results topped Wall Street estimates. Workday shares rose 1% after hours, following a 1.3% gain in the regular session to close at $187.65. The company reported a second-quarter loss of $120.7 million, or 53 cents a share, compared with a loss of $86.2 million, or 40 cents a share, in the year-ago period. Adjusted earnings were 44 cents a share. Revenue rose to $887.8 million from $671.7 million in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of 35 cents a share on revenue of $747.5 million. Workday expects subscription revenue of $783 million to $785 million for the third quarter, and $3.06 billion to $3.07 billion for the year. Analysts estimate subscription revenue of $783 million for the third quarter, and $3.06 billion for the year.

Cooper Companies Inc Q3 adjusted earnings Beat Estimates

Cooper Companies Inc (COO) reported earnings for its third quarter that advanced from the same period last year.

The company’s profit came in at $120.1 million, or $2.40 per share. This compares with $100.8 million, or $2.03 per share, in last year’s third quarter.

Analysts had expected the company to earn $3.17 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 2.9% to $679.4 million from $660.0 million last year.

Cooper Companies Inc earnings at a glance:

-Earnings (Q3): . vs. . last year.
-EPS (Q3): $3.23 vs. $3.00 last year.
-Analysts Estimate: $3.17
-Revenue (Q3): $679.4 Mln vs. $660.0 Mln last year.

Dell results send shares up 7%

Dell Technology Inc. DELL, +3.25% shares jumped 7% in the extended session Thursday after the IT powerhouse reported second-quarter results that beat Wall Street estimates. The Round Rock, Texas-based company rang up adjusted earnings of $2.15 a share. Revenue inched up 1% year-over-year to $23.45 billion. Analysts surveyed by FactSet had expected earnings of $1.50 a share on revenue of $23.3 billion. Dell shares are down 4% this year. The S&P 500 index SPX, +1.27% has gained 17% this year.

Alex Trebek ‘on the mend,’ back at work at ‘Jeopardy’ after pancreatic cancer treatment

LOS ANGELES — “Jeopardy!” host Alex Trebek has returned to work, saying he’s “on the mend” following treatment for pancreatic cancer.

The game show posted a video Thursday on Twitter showing the 79-year-old host back on set and promising “a good year” ahead. He actually started work on July 22, his birthday.

New episodes of the upcoming Season 36 are slated to begin airing on Sept. 9.

Trebek announced his diagnosis in March. He said he planned to beat the disease’s low survival rate with the love and support of family and friends and with prayers from viewers.

The American Cancer Society estimates 3% of patients with stage 4 pancreatic cancer are alive five years after being diagnosed.

Marvell shares sink 5% on weak Q3 guidance

Marvell Technology Group Ltd. MRVL, +2.63% shares sunk 5% in the extended session Thursday after the chip maker reported second-quarter results that exceeded Wall Street estimates but offered weak Q3 guidance because of the U.S. government’s export restriction on Huawei Technologies Co. Ltd. Marvell reported adjusted earnings of 16 cents a share. Revenue was $656.6 million. Analysts surveyed by FactSet had expected earnings of 15 cents a share on revenue of $650 million. Marvell shares are up 50% this year. The S&P 500 index SPX, +1.27% has gained 17% this year.

Disneyland Construction Worker Dies After Accident

A construction worker died at Disneyland after a steel plate fell on him while working in a trench at the Anaheim amusement park.

Javier Jimenez, suffered fatal injuries early Thursday morning at about 3:20 a.m., according to authorities. He was pronounced dead shortly after arriving to the hospital.

“We are saddened by this tragic accident involving a contractor and on behalf of Disneyland Resort extend our deepest sympathies to this gentleman’s family, friends and co-workers,” said Liz Jaeger, a Disneyland Resort spokeswoman, in a statement given to Deadline.

Authorities said that Jimenez was installing piping for a heating and air conditioning system outside of the theme park on Disneyland property. A crane carrying a large pipe accidentally hit a cross beam and knocked over a large metal plate which knocked over Jimenez who was in a trench.

OSHA is currently investigating the incident.

Alabama governor apologies for wearing blackface in college

MONTGOMERY, Ala. (AP) — Alabama Gov. Kay Ivey is apologizing after a radio interview described her wearing blackface during a college skit in the 1960s.

Ivey issued a statement Thursday saying that she does not remember the sketch or ever wearing blackface but wanted to “offer my heartfelt apologies for the pain and embarrassment this causes.”

Ivey issued the apology and released a 1967 recording of an Auburn University college radio interview her then-fiance Ben LaRavia gave describing the skit. Ivey at the time was SGA vice-president.

He describes her wearing “black paint all over her face” in a skit at the Baptist Student Union party.

Ivey said Friday that she did not remember the skit, but “will not deny what is the obvious.”

Ivey said “that is not who I am today.”

Ulta Beauty stock tanks after retailer warns of ‘sales headwinds’

Shares of Ulta Beauty Inc. ULTA, +2.14% fell more than 14% in the extended session Thursday after the specialty retailer reported fiscal second-quarter results and warned about "industry-wide sales headwinds." Ulta said it earned $161.3 million, or $2.76 a share, in the quarter, compared with $148.3 million, or $2.46 a share, in the second quarter of fiscal 2018. Revenue rose 12% to $1.67 billion, compared with $1.49 billion a year ago. Analysts polled by FactSet had expected earnings of $2.80 a share on sales of $1.68 billion. Ulta lowered its same-store sales growth expectations to 4% to 6% for the year, from a previous guidance of growth between 6% and 7%, and EPS between $11.86 and $12.06 from a previous expectation of EPS between $12.83 and $13.03. The stock ended the regular trading session up 2.1%.