U.S. stock futures are little changed as Wall Street comes off a tumultuous two days that has seen the Dow drop more than 800 points.
for the second half of 2019, due to production delays for a new line of high definition cameras. GoPro said its Hero8 Black cameras would ship in the fourth-quarter instead of the third-quarter. Shares were dropping about 15% in the premarket. The company already had a stock market value of less than $800 million. In 2014, shortly after its IPO, the company had a market value of over $10 billion.
, as it faces heightened competition from discount grocers Aldi and Lidl, as well as Walmart and Albertsons.that's killed at least 16 people in the U.S. since July say a mix of "toxic chemical fumes," not oils as previously expected, may be what's making patients sick. The vaping illness outbreak has now spread to 46 states and one territory and sickened more than 805 people since April.
Blackstone is buying a 65% stake in Great Wolf Resorts, the largest operator of indoor water parks in North America. Blackstone and current owner Centerbridge Partners will form a joint venture to own Great Wolf. Clorox cut its fiscal 2020 earnings outlook, due to revised assumptions about foreign exchange rates. The consumer products maker is also projecting slightly lower gross margins compared to its prior guidance, and lowered its sales outlook as well.
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