Sweetgreen's stock rockets 45% as analysts welcome U.S. rollout of steak dishes

Management has adapted well to the new normal of the operating and consumer environment and has got back to executing growth strategies aggressively, analysts said. 


 
AMC Networks Stock Drops as Earnings, Sales Fall Short

The television company, which produces "The Walking Dead," cited "declines in the linear subscriber universe" for a drop in subscription revenue. 


 
Novavax Stock Surges 140% on $1.4 Billion Deal With Sanofi

The two companies will work on a shot that combines Covid-19 and flu vaccines. 


 
Ford Hires Former Lucid CFO as Next Finance Chief

Sherry House will move into the executive role early next year, succeeding John Lawler who is taking up the position of vice chair. 


 
Musk Says Tesla Will Spend $500 Million on Charging Network, Following Layoffs

The announcement comes days after the carmaker laid off much of the team responsible for creating the largest such network in the U.S. 


 
IAG Well Positioned for Summer as Earnings Rise

IAG reported an increase in operating profit and said that it was well positioned for the summer after strong demand boosted revenue for the first quarter of the year. 


 
Honda Motor Expects Annual Profit to Fall

The Japanese automaker projected a drop in fiscal-year net profit and announced a share buyback after posting a sharp increase in annual profit for the previous year. 


 
Tractor Supply's Bet on Garden Centers Is Starting to Blossom

Tractor Supply, known for selling farm gear, tractor parts and animal feed, saw a fallow field in its product offerings nearly four years ago. Shoppers wanted more plants, flowers and gardening supplies, but they were taking their dollars elsewhere. 


 
Bundles Are the Hottest New Show in Streaming

Warner and Disney's push for bundling makes sense with mergers off the table, but old rivalries will need to be curbed to make deals work. 


 
Even a State-Linked Giant Can't Duck China's Real-Estate Crisis

China Vanke's Hong Kong-listed shares have lost two-thirds of their value over the past year. That is bad news for those hoping the worst is over for China's real-estate market.


(END) Dow Jones Newswires

05-10-24 1115ET