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Company News for Oct 12, 2022

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  • Shares of American Airlines Group Inc. (AAL - Free Report) gained 1.7% after the company raised its third-quarter 2022 revenue guidance.
  • Shares of Credit Suisse Group AG tumbled 5.4% following news that the U.S. Department of Justice is investigating its role in asset hiding.
  • Walgreens Boots Alliance Inc.’s (WBA - Free Report) shares rose 2.4% after the company accelerated the process to buy the remaining 45% stake of CareCentrix for $392 million.
  • Uber Technologies Inc.’s (UBER - Free Report) shares plunged 10.4% after the U.S. Labor Department proposed a new rule to reclassify gig workers as employees instead of independent contractors.

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