Burberry shares jump 13% after better-than-expected quarterly sales
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Monte dei Paschi shares fall 7% after lender launches surprise 13-billion-euro bid for Mediobanca
Italy's bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro all-share takeover offer for larger domestic peer Mediobanca.CNBC - 1h -
Adidas Shares Jump After Preliminary Results Beat Expectations
The sporting-goods company surpassed its own profit expectations amid fierce competition in the sector and as its biggest rival, Nike, continues to pursue a brand revamp strategy.The Wall Street Journal - 2d -
Adidas Exceeds Profit Guidance After Sales Jump in Fourth Quarter
The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.The Wall Street Journal - 3d -
Shares of Cartier owner Richemont jump 16% as sales rise in December quarter
Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.CNBC - Jan. 16 -
Wells Fargo shares jump after earnings beat, strong 2025 guidance
The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.CNBC - Jan. 15 -
Stock market plunges after better-than-expected December jobs report
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News ...CBS News - Jan. 10 -
Nordstrom raises sales outlook after holiday season was better than feared
CEO Erik Nordstrom credited the company's "efforts to remain competitive in the promotional environment and the strength of our offering."CNBC - Jan. 11 -
Vaccine makers’ shares jump after bird flu death in US
Moderna, Pfizer, CureVac and Novavax register gains as health agency stresses risk to public ‘remains low’Financial Times - Jan. 7 -
Tesla Shares Slip After First Annual Sales Decline
The electric-car company led by Elon Musk no longer has the market to itself. Investors are focusing on autonomous driving and other new technologies.The New York Times - Jan. 2
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Target rolls back DEI initiatives, the latest big company to retreat
Target joins Walmart, Meta, McDonald's and a wave of other major companies pulling back on DEI programs.CNBC - 30m -
Trump recommends ending FEMA ahead of California fire site visit
President Donald Trump said he plans to take executive action to overhaul or possibly end the Federal Emergency Management Agency, or FEMA.CNBC - 56m -
Zuckerberg sets Meta's AI targets for the year, expects to spend $60 billion on growth
Meta CEO Mark Zuckerberg announced the company plans to invest around $60 billion to $65 billion in capital expenditures this yearCNBC - 2h -
LNG pure-play Venture Global opens below its $25 per share IPO price
"The Trump administration has made very clear they support growing LNG exports," Venture CEO Mike Sable told CNBC in an interview Friday.CNBC - 16m -
Twilio shares pop 22% and head for biggest gain since Covid pandemic on growth forecast
Twilio shares had their sharpest rally since 2020 on Friday after the company issued an uplifting forecast for the coming years at an investor event.CNBC - 42m
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LNG pure-play Venture Global opens below its $25 per share IPO price
"The Trump administration has made very clear they support growing LNG exports," Venture CEO Mike Sable told CNBC in an interview Friday.CNBC - 16m -
LNG exporter Venture Global falls below IPO price in its trading debut
The energy company raised $1.75 billion by pricing 70 million shares at $25, the middle of its reduced $23 to $27 price range.MarketWatch - 29m -
Southport murder trial triggers soul-searching over UK approach to terror and justice
Axel Rudakubana’s actions prompt questions about contempt of court and why disinformation spread onlineFinancial Times - 30m -
Target rolls back DEI initiatives, the latest big company to retreat
Target joins Walmart, Meta, McDonald's and a wave of other major companies pulling back on DEI programs.CNBC - 30m -
Donald Trump in fiery call with Denmark’s prime minister over Greenland
US president insisted he wants to take over Arctic islandFinancial Times - 32m