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Recent Posts

  • Asia fund managers turn less bearish as China sentiment recovers - BofA survey
    May 13, 2025
  • US consumer finance watchdog scraps Toyota settlement, Walmart lawsuit
    May 13, 2025
  • Samsung Electronics to buy FlaktGroup for 1.5 billion euro
    May 13, 2025
  • December 10, 2024

Adobe, Macy's, Nordson, and more set to report earnings Wednesday

Earnings season continues, and we're here to spotlight the companies expected to unveil their financial results in the upcoming trading day. Leading the charge are Adobe Systems...

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  • December 10, 2024

Victoria’s Secret gets UBS upgrade as turnaround gains traction

-- Victoria’s Secret & Co has been upgraded to "neutral" from "sell" by UBS, reflecting growing confidence in the retailer’s turnaround under its new CEO. The...

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  • December 10, 2024

UBS plans wealth business shake-up in the US, memo shows

ZURICH (Reuters) - UBS plans to overhaul its wealth management business in the United States, splitting the operation into six divisions and focusing more on clients that are not...

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  • December 10, 2024

JPMorgan briefly spikes after top executive touts better-than-expected Q4 growth

-- JPMorgan briefly spiked Tuesday after a top executive touted a strong outlook for the fourth quarter and year ahead. JPMorgan Chase & Co (NYSE:JPM) jumped before...

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  • December 10, 2024

Italy eyes better relations with Stellantis after automaker saves supplier jobs

ROME (Reuters) - Italy's Industry Minister Adolfo Urso announced a deal on Tuesday to avert 249 layoffs at suppliers to Stellantis (NYSE:STLA), saying he hoped the breakthrough...

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  • December 10, 2024

Piper Sandler: Skechers is a 'nimble operator' with near-term headwinds

-- A Piper Sandler analyst assumed coverage of Skechers with a Neutral rating and price target of $65 per share on Tuesday, highlighting the company's strengths in...

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  • December 10, 2024

US Postal Service chief defends plan to buy rising number of EVs

By David Shepardson WASHINGTON (Reuters) -U.S. Postmaster General Louis DeJoy defended plans to buy a rising number of electric delivery vehicles and said he did not plan to...

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  • December 10, 2024

Super Micro confident Nasdaq delisting would not happen amid audit scandal

-- Super Micro Computer Inc (NASDAQ:SMCI) would not face delisting from the Nasdaq, CEO Charles Liang said on Tuesday in a Reuters interview, assuring that necessary...

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  • December 10, 2024

Barclays plans hiring spree to drive private banking and wealth management

LONDON (Reuters) - Barclays (LON:BARC) aims to hire up to 100 more advisers to drive growth in its private banking and wealth management business, but has ruled out a push into...

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  • December 10, 2024

Pharmacies prevail in appeal of $650-million opioid award in Ohio

By Nate Raymond (NS:RYMD) and Brendan Pierson (Reuters) -Ohio's top court ruled on Tuesday that pharmacy chain operators CVS, Walmart (NYSE:WMT) and Walgreens could not be held...

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