March 12, 2024
“Gap’s largest banner Old Navy returned to growth for the first time in more than a year during its holiday quarter as the retailer delivered earnings on Thursday that came in well ahead of Wall Street’s expectations. Sales at Old Navy… Continue Reading…
March 12, 2024
“… …” https://www.cnbc.com/2024/03/08/hellofresh-shares-dive-42percent-after-meal-kit-giant-warns-on-outlook.html
March 12, 2024
“NEW YORK (Reuters) -General Electric’s aerospace business on Thursday forecast operating profit of about $10 billion in 2028 on robust demand for its products and services, and said it was targeting an initial dividend payout at 30% of net income…… Continue Reading…
March 11, 2024
” Victoria’s Secret & Co. shares plunged as much as 28%, the most on record, after the beleaguered lingerie maker’s full-year sales guidance fell short of analysts’ expectations…” https://finance.yahoo.com/news/victoria-secret-falls-nearly-30-111403685.html Who writes these articles? Sometimes it amazes me how horrible they’re… Continue Reading…
March 11, 2024
“New York Community Bank said Thursday it lost 7% of its deposits in the turbulent month before announcing a $1 billion-plus capital injection from investors led by former Treasury Secretary Steven Mnuchin’s Liberty Strategic Capital. The bank had $77.2 billion in deposits as… Continue Reading…
March 11, 2024
“Shares of Hugo Boss plunged 13% Thursday, after warning that it may fail to meet its 2025 sales target amid weakening consumer demand. The German high-end fashion brand was on course for its worst trading day since 2016, after it said it… Continue Reading…
March 8, 2024
“…On Tuesday, the Consumer Financial Protection Bureau finalized a rule that will cap credit card late fees at $8. Currently, card users are typically hit with a $32 fee for late payments, according to the agency… The rule is expected to go… Continue Reading…
March 7, 2024
“BEIJING (Reuters) -Apple’s iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the U.S. company faced increased competition from domestic rivals such as Huawei. The U.S. tech giant’s chief… Continue Reading…
March 6, 2024
“Elon Musk has filed a lawsuit accusing OpenAI and its chief executive, Sam Altman, of betraying its foundational mission by putting the pursuit of profit ahead of the benefit of humanity. The world’s richest man, a founding board member of… Continue Reading…
March 4, 2024
“India has approved building three semiconductor plants with investments of more than $15 billion as the country aims to become a major chip hub… India has ambitions to become a major chip hub on the lines of the U.S., Taiwan and South Korea,… Continue Reading…
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