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In after-hours trading, several companies made headlines for their performance. Discover Financial saw a 1% decrease in shares despite surpassing expectations with third-quarter earnings of $3.69 per share on $4.45 billion of revenue. CSX, a rail transportation company, experienced a 4% decline after falling short of Wall Street’s forecasts with earnings of 46 cents per share on revenue of $3.62 billion. Alcoa, an aluminum producer, saw a nearly 9% increase in shares after posting third-quarter adjusted earnings of 57 cents per share, exceeding analysts’ estimates. Lucid Group slid 10% following the announcement of a public offering of over 262 million shares. Kinder Morgan’s shares dropped 2.7% due to disappointing third-quarter results. PPG Industries slipped less than 1% after missing on both top and bottom lines in the third quarter. SL Green, an office building-focused company, tumbled around 3% after reporting a revenue miss in the third quarter. Equifax dropped nearly 5% after issuing weak guidance for the fourth quarter. Steel Dynamics, a steel producer, saw a 3% increase in shares after beating earnings expectations for the third quarter with $2.05 per share.
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Emily Jensen, graduated from the London School of Economics and Political Science (LSE) in the UK in 2015 with a degree in Economics. She specializes in financial markets and international trade. After graduating, she worked as an analyst at an investment bank in London, where she developed expertise in global economic trends. She later transitioned into consulting, focusing on fintech ventures and providing insights into global economic developments. Emily is passionate about the intersection of finance and technology and aims to drive innovation in the financial sector.
