Beyond Meat Inc. shares fell in after-hours trading Monday despite an earnings report that showed the company’s first quarterly profit in history. The meat-substitute company reported a third-quarter profit of $4.1 million, or 6 cents a share, on sales of $92 million, up from a loss of $9.3 million on revenue of $26.3 million in the same quarter a year ago. The analyst consensus called for profit of 4 cents a share on sales of $82.2 million, according to FactSet.“After 10 years of aggressively investing in our science and product innovation, this is the first quarter we have generated net...…Beyond Meat Inc. shares fell in after-hours trading Monday despite an earnings report that showed the company’s first quarterly profit in history. The meat-substitute company reported a third-quarter profit of $4.1 million, or 6 cents a share, on sales of $92 million, up from a loss of $9.3 million on revenue of $26.3 million in the same quarter a year ago. The analyst consensus called for profit of 4 cents a share on sales of $82.2 million, according to FactSet.“After 10 years of aggressively investing in our science and product innovation, this is the first quarter we have generated net...WW…

SearchVisit a quote page and your recently viewed tickers will be displayed here.Search TickersNo results found…SearchVisit a quote page and your recently viewed tickers will be displayed here.Search TickersNo results foundWW…

Affirm Holdings Inc. filed for an initial public offering Wednesday, giving a member of the “PayPal Mafia” yet another chance to score Wall Street riches. Affirm is a financial-technology startup that allows consumers to purchase goods and make payments in installments. It was co-founded by Max Levchin, a co-founder of PayPal Holdings Inc.who is chief executive of the company.Levchin is one of several early PayPal executives and employees who have moved on to find riches from other startups after selling the online-payments company to eBay Inc. in 2002. The group has come to be known as the...…Affirm Holdings Inc. filed for an initial public offering Wednesday, giving a member of the “PayPal Mafia” yet another chance to score Wall Street riches. Affirm is a financial-technology startup that allows consumers to purchase goods and make payments in installments. It was co-founded by Max Levchin, a co-founder of PayPal Holdings Inc.who is chief executive of the company.Levchin is one of several early PayPal executives and employees who have moved on to find riches from other startups after selling the online-payments company to eBay Inc. in 2002. The group has come to be known as the...WW…

Streaming was about the only thing working for Walt Disney Co. amid a pandemic that has all but paralyzed its theme parks, live productions and cruise line, so Disney is going to rely on that direct-to-consumers pipeline even more. Disney reported a depressing financial performance Tuesday that included a quarterly loss of nearly $5 billion due to COVID-19 and long-term depreciation of its European linear television channels. The only segment in the media empire to grow amid the pandemic included Disney+, the company’s streaming service that launched late last year and has already...…Streaming was about the only thing working for Walt Disney Co. amid a pandemic that has all but paralyzed its theme parks, live productions and cruise line, so Disney is going to rely on that direct-to-consumers pipeline even more. Disney reported a depressing financial performance Tuesday that included a quarterly loss of nearly $5 billion due to COVID-19 and long-term depreciation of its European linear television channels. The only segment in the media empire to grow amid the pandemic included Disney+, the company’s streaming service that launched late last year and has already...WW…

Walt Disney Co.plans to sell access to its long delayed "Mulan" live-action movie through Disney+ for $29.99, a new approach to that streaming service, and will launch a new international streaming offering under the Star brand. After the stock languished in after-hours trading following the release of third-quarter earnings, shares jumped to gains of nearly 5% after the twin announcements. Chief Executive Bob Chapek announced the new approaches in a conference call Tuesday afternoon related to Disney's fiscal third-quarter earnings report, which . Disney+ has been used as a subscription...…Walt Disney Co.plans to sell access to its long delayed "Mulan" live-action movie through Disney+ for $29.99, a new approach to that streaming service, and will launch a new international streaming offering under the Star brand. After the stock languished in after-hours trading following the release of third-quarter earnings, shares jumped to gains of nearly 5% after the twin announcements. Chief Executive Bob Chapek announced the new approaches in a conference call Tuesday afternoon related to Disney's fiscal third-quarter earnings report, which . Disney+ has been used as a subscription...WW…