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Check out the companies making headlines in extended trading. Dexcom — Shares slid nearly 7%, despite the manufacturer of diabetes management devices posting a third-quarter adjusted earnings and revenue beat. Dexcom also reaffirmed full-year revenue guidance that encompassed FactSet's estimate. L3Harris Technologies — The defense stock climbed 4% after posting a third-quarter beat on both the top and bottom lines. L3Harris reported adjusted earnings of $3.34 per share on revenue of $5.29 billion, while analysts polled by LSEG had expected $3.26 per share on $5.28 billion in revenue. Capri , Tapestry — Capri shares cratered 48%, while Tapestry shares surged 12% after a judge blocked the $8.5 billion merger of two luxury goods makers. Tapestry, which owns the Coach and Kate Spade brands, ha...

Bond market investors are having trouble figuring out an economy that looks good from 30,000 feet, but less so closer to the ground. Treasury yields have been surging over the past month or so, even with Thursday's decline , helping pull down stocks this week. While a variety of reasons have been cited, one of the most popular is the simple notion that the Federal Reserve is closer to achieving its much-touted soft landing in which it can use high interest rates to bring down inflation without wrecking the broader economy. Higher growth expectations generally translate into higher bond yields. Virtually all of the macroeconomic data lately has supported that thesis. Whether it's payrolls, gross domestic product or retail sales, or a host of other measures, growth looks solid, at the very l...

Boeing 737 fuselages on railcars at Spirit AeroSystems' factory in Wichita, Kansas, US, on Monday, July 1, 2024. Nick Oxford | Bloomberg | Getty ImagesSpirit AeroSystems is weighing furloughs or layoffs of hundreds more employees if the Boeing machinists' strike stretches beyond Nov. 25, a company spokesman told CNBC Thursday.Boeing's machinists, whose strike is about to enter its sixth week, voted 64% against a newly proposed labor contract on Wednesday, extending the work stoppage that has halted production of most of Boeing's aircraft, which is centered in the Seattle area.Spirit, which makes fuselages for Boeing's best-selling 737 Max as well as other major parts had already been preparing to temporarily furlough about 700 workers in its Wichita, Kansas, facilities. Those furloughs cou...

As October nears its end, Oppenheimer is eyeing some stocks that it thinks are slated for gains over the next year. October has historically been a volatile month for stocks, and this year's period has been no different. Both the S & P 500 and the Dow Jones Industrial Average posted their third losing session in a row on Wednesday. That said, the broad market index as well as the Nasdaq Composite are still on track to close out the month in the green. These moves come amid a strong earnings season so far. To date, 32% of the S & P companies have reported, and their earnings and revenue have beaten analysts' expectations by 6% and 1.3%, respectively, per LSEG. Their performance is also much better than last year's period, with earnings up 4.3% and revenue up 4.2%. Looking ahead to N...