Tag: “Sector”

Michael Kors parent Capri Holdings Ltd (CPRI.N) on Wednesday cut its annual sales forecast as demand for its handbags and shoes weakens in the United States, sending its shares down nearly 9% in early trading.

HP Inc. CEO Enrique Lores told CNBC’s Jim Cramer on Tuesday that artificial intelligence will fundamentally change the personal computer industry, especially his own company.

Advance Auto Parts Inc lowered its full-year profit outlook on Wednesday on the back of elevated costs, sending the auto parts retailer’s shares down 24% before the opening bell.

Hewlett Packard Enterprise posted mixed results for its fiscal second quarter ended April 30, while slightly reducing guidance for the full year

Berkshire Hathaway owns just under 25% of Occidental Petroleum after buying about $275 million of stock in the big energy company during recent days, according to a regulatory filing late Tuesday.

Japan’s Asahi Group Holdings has plans to dive back into the China market as it looks to revive investments in the world’s largest beer market.

Σε ενημέρωση των δεδομένων ως προς τος σκέλος της πιστωτικής ανάλυσης των τεσσάρων συστημικών τραπεζών, προχώρησε η Moody’s, παραθέτοντας μια σειρά από πλεονεκτήματα και προκλήσεις που ανοίγονται γύρω από αυτές.

As famed money manager Michael Burry made headlines boosting bullish bets on stocks including Alibaba Group Holding Ltd. in the first quarter of this year, other top hedge funds were also piling in.

Toyota Motor Corp’s global sales rose by nearly 5% in April from a year earlier, boosted by stronger demand for hybrids and gasoline-powered cars in Japan and China.

Walgreens Boots Alliance Inc said on Friday it would slash its corporate staff by about 10%, as it streamlines operations and focuses on consumer-facing healthcare businesses.

A private jet used by Tesla CEO Elon Musk has arrived in Beijing, according to a Reuters witness.

South Korea’s Hyundai Motor Group and LG Energy Solution Ltd (LGES) on Friday said they will build a $4.3 billion electric vehicle (EV) battery plant in the United States amid a push to take advantage of tax credits.

South Korea’s Hyundai Motor Group and LG Energy Solution Ltd (LGES) on Friday said they will build a $4.3 billion electric vehicle (EV) battery plant in the United States amid a push to take advantage of tax credits.

Italy’s second-largest bank UniCredit said on Friday it had entered into an enlarged payments partnership with Mastercard.

PDD Holdings Inc beat analysts’ estimates for first-quarter revenue on Friday as more price conscious customers turned to its discount e-commerce platforms including Pinduoduo.

Costco Wholesale‘s third-quarter earnings and sales fell short of expectations, sending the stock lower in after-hours trading.

Another earnings cycle brings another blunt call-out by outspoken furniture-hawking CEO Gary Friedman.

Gap reported another quarter of net losses and declining sales across its four brands but the retailer insisted it’s making progress — and has managed to significantly improve its margins, which sent shares surging in extended trading.

Workday WDAY stock is up sharply in late trading Thursday, after the provider of enterprise HR and financial software posted better than-expected results for the fiscal first quarter ended April 30.

For the past two years, sales at beauty-products and salon chain Ulta Beauty Inc. have ballooned, as the economy’s reopening from the pandemic — and the return to vacations, offices, restaurants and concerts — made presentability a bigger priority.