Here’s a look at some of the companies the Yahoo Finance team will be watching for you today.
Investors don’t seem to like the way the parent company of Men’s Wearhouse looks. Tailored Brands (TLRD) is looking to recover after the stock was hammered on Wednesday’s earnings report. The company, which also owns Joseph A Bank stores, beat on earnings and revenue, but reported lower than expected same-store sales last quarter.
Craft store Michaels (MIK) is also disappointing investors. Profit beat expectations in the first quarter, but the company just reported a miss on same-store sales. Michaels blamed the slide, in part, on the closure of some of its Aaron Brothers stores. It also issued a downbeat outlook for the rest of the year.
Sprint (S) is dialing back on a big promotion. The cell carrier plans to end signups for its $15 a month unlimited plan on Friday night. Sprint says it’s received an overwhelming response to the deal, which required you to switch carriers. And it came with conditions – like throttled streaming speeds.
GM (GM) is making history. The automaker has picked its first female CFO. Dhivya Suryadevara joins CEO Mary Barra in the executive suite, making it one of the few U.S. companies with women in those roles. Suryadevara has been with the company since 2005, and most recently served as V.P. of corporate finance. She’ll officially take over the post in September.