Check out the companies making headlines in midday trading: Kohl’s — Shares tumbled 18% after the retailer cut its sales outlook amid an uncertain holiday backdrop . The latest quarter’s earnings and sales fell short of Wall Street analysts’...
Check out the companies making headlines before the bell: Abercrombie & Fitch — Shares slipped nearly 4% despite the apparel retailer’s earnings beat and strong holiday guidance . Abercrombie & Fitch reported third-quarter earnings of $2.50 per share,...
A Banco BPM SpA bank branch in Milan, Italy, on Friday, Nov. 15, 2024. Bloomberg | Bloomberg | Getty ImagesItalian lender Banco BPM on Tuesday said the unexpected takeover offer by domestic rival UniCredit does not reflect its profitability.The 10 billion-euro...
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019.Aly Song | ReutersBEIJING — President-elect Donald Trump plans to raise tariffs by an additional 10% on all Chinese...
Check out the companies making headlines after the bell : Zoom Communications — The maker of video calling software is lower by 1%. Zoom topped Wall Street quarterly estimates and posted fiscal fourth-quarter adjusted earnings per share guidance that was roughly in...
Check out the companies making headlines in midday trading: Bath & Body Works — The Ohio-based personal care company climbed more than 16%, on pace for its best day since November 2022. The retailer raised its forecast for full-year adjusted profit and said it...
There’s one key reason the U.S. stock market rallied after this month’s presidential election, and it wasn’t necessarily because of the outcome, according to Dan Clifton of Strategas. “What we saw was that the market was pricing in a 50-50...
The bull market is poised to extend through 2025, boosted by solid demand for stocks from investors as well as strong corporate activities, such as buybacks and other spending, according to Deutsche Bank, which is calling for the S & P 500 to rise as high as...
Check out the companies making headlines in premarket trading: Bath & Body Works — Shares popped 16% after third-quarter earnings edged out Wall Street forecasts. The retailer earned 49 cents per share, excluding items, on revenue of $1.61 billion, while analysts...
Warren BuffettDavid A. Grogan | CNBCWarren Buffett, who has amassed a $150 billion personal fortune, made a case against creating “dynastic” wealth as he named three independent trustees to oversee his philanthropy following his children and donated an...
