Stocks making the biggest moves premarket: AMC, Lululemon, Rubrik, Petco, Ulta Beauty, Docusign and more

lululemon– Shares rose 9% after the sportswear retailer beat Wall Street estimates for the fiscal third quarter and shared holiday guidance online. samsara– Shares fell more than 9% after the software company reported tepid fourth-quarter guidance. For the period, Samsara expects earnings of between 7 and 8 cents per share and revenue of between $334 […]

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CFPB sues Comerica Bank, alleging it failed to administer federal benefits program

Key Points . The Consumer Financial Protection Bureau filed a complaint against Comerica Bank, accusing it of failing to administer a federal benefit program that uses prepaid debit cards.. The lawsuit claims that Comerica Bank “intentionally canceled” more than 24 million customer service calls, charged more than 1 million cardholders ATM fees they did not […]

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Introducing Converge, where leadership meets innovation

“CONVERGE” is CNBC’s new platform, exploring growth opportunities at the intersection of investment, innovation, sustainability and leadership with the help of the world’s most influential leaders. To start, CNBC spoke with five figures who are using their influence to drive change. Investing in the next generation of leaders, music legend Nile Rodgers and business magnate […]

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UniCredit’s Orcel could still sweeten his bid and take on a double M&A offensive

Key Points Analysts say UniCredit could sweeten its rejected all-stock proposal to acquire Italian peer Banco BPM by adding a cash component. UniCredit is “more exposed to changes in interest rates due to its relatively limited presence in asset management and bancassurance,” said Alessandro Boratti of Scope Ratings. Acquisition targets Commerzbank and Banco BPM could […]

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