Category Archives:
American Eagle beats quarterly sales estimates on strong demand for dresses
(Reuters) - American Eagle Outfitters Inc on Tuesday beat Wall Street estimates for quarterly revenue, as a post-pandemic return to work and social events boosted consumer spending on its jeans and dr...
Nov 22, 2022
Analysis-Mexican companies could resort to more spinoffs to enhance market value
By Valentine Hilaire MEXICO CITY (Reuters) - Mexican companies are spinning off sports, gambling and cell-tower businesses in a bid to revive depressed stock prices, with more such deals likely in the...
Nov 22, 2022
Futures flat after slipping on China lockdown worries
(Reuters) - U.S. stock index futures were trading flat on Tuesday after starting the week lower due to worries around stricter COVID-19 curbs in China, while drawing comfort from less-hawkish comments...
Nov 22, 2022
Abercrombie forecasts better holiday quarter sales on resilient demand
(Reuters) - Abercrombie & Fitch Co said on Tuesday it was "cautiously optimistic" ahead of the holiday season and forecast fourth-quarter sales above analysts' estimates on resilient apparel demand, s...
Nov 22, 2022
Dollar Tree raises annual sales forecast on strong grocery demand
(Reuters) - Dollar Tree Inc raised its annual sales forecast on Thursday, betting that more inflation-hit consumers would turn to dollar stores for cheaper food, snacks and other household supplies. D...
Nov 22, 2022
Best Buy forecasts smaller drop in sales ahead of holiday season
(Reuters) -Best Buy Co Inc on Tuesday forecast a smaller drop in annual sales than it had previously estimated as steep discounts help soften the blow to electronics demand from inflation-hit customer...
Nov 22, 2022
Italy govt officials to discuss plans for Telecom Italia on Tuesday
ROME (Reuters) - Government officials will discuss plans for Telecom Italia (TIM) later on Tuesday, Italy's economy minister said, responding to a question about the former phone monopoly's landline g...
Nov 22, 2022
Ten Square Games in no rush to carry out acquisitions
GDANSK (Reuters) - Polish mobile game producer Ten Square Games is not actively seeking merger opportunities, its CEO said on Tuesday. "We are in no rush to carry out acquisitions at this moment," Mac...
Nov 22, 2022
Exclusive: EU antitrust regulators likely to probe Vivendi, Lagardere deal
BRUSSELS (Reuters) - EU antitrust regulators are likely to open a full-scale investigation into French media company Vivendi's proposed acquisition of French peer Lagardere, people familiar with the m...
Nov 22, 2022
Volkswagen sees China sales on par with 2021 as lockdown impact lingers – Handelsblatt
BERLIN (Reuters) - Volkswagen expects sales in China to stagnate at about 3.3 million vehicles in 2022, its China chief told Handelsblatt on Tuesday, as it struggles to make up the impact of coronavir...
Nov 22, 2022
Peoria, IL, USA
43 °F Mist
