Burberry shares jump 13% after better-than-expected quarterly sales
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Monte dei Paschi shares fall 8% 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 - 2d -
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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Trump crypto plans have Wall Street CEOs ready to jump into digital assets
Top Wall Street banks say they're ready to get more active in crypto if the Trump administration rolls out favorable policies.CNBC - 55m -
Novo Nordisk shares pop 10% on early-stage weight loss drug trial results
The Danish pharmaceutical giant reported positive early-stage results for its once weekly amycretin obesity drug.CNBC - 46m -
Tesla starts sales of revamped Model Y in U.S. for about $60,000
Tesla will start deliveries of the Model Y Juniper in the U.S. in March.CNBC - 7h -
Trump just took a shot at Bank of America. Here’s what he's talking about
President Donald Trump on Thursday accused the CEOs of Bank of America and JPMorgan Chase of refusing to serve conservatives.CNBC - 15h -
Twilio stock surges after company issues optimistic 2027 profit forecast
Twilio wants to grow in conversational artificial intelligence while also becoming more profitable.CNBC - 15h
More in Business
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Constitutional amendment to allow Trump third term introduced in the House
President Donald Trump has hinted at the possibility of somehow serving a third term in office.CNBC - 5m -
Treasury bonds drift lower as Fed meeting shifts into focus
Treasury yields were shifting lower on Friday, with investors looking ahead to next week’s Federal Open Market Committee Meeting.MarketWatch - 8m -
Here’s what really happens to economic growth after corporations get tax cuts
Raising corporate taxes — not cutting them — frequently delivers faster economic growth.MarketWatch - 10m -
X refuses to remove stabbing video watched by Southport killer
Axel Rudakubana was able to view Australian clip before murdering three young children despite pleas from authoritiesFinancial Times - 14m -
Europe can import disillusioned talent from Trump’s US, says Lagarde
ECB president defends EU strengths and insists it is ‘not a basket case’Financial Times - 20m