Dow Jones Newswires Tesco Backs Forecasts after Strong Christmas Sales
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U.S. Stocks Erase Early Gains
U.S. stocks extended recent declines as March retail sales increased more than expected, causing traders scale back bets on Fed rate cuts.The Wall Street Journal - World -
Beiersdorf Lifts Guidance After Strong Nivea Sales
Beiersdorf upgraded its full-year sales expectations after reporting a 10% revenue rise in its core consumer business in the first quarter.The Wall Street Journal - World -
Beiersdorf Lifts Guidance After Strong Nivea Sales
Beiersdorf upgraded its full-year sales expectations after reporting a 10% revenue rise in its core consumer business in the first quarter.The Wall Street Journal - Business -
Tesco forecasts rising profits as inflation ‘lessens substantially’
UK grocer reports higher earnings and announces £1bn share buybackFinancial Times - Business -
Morgan Stanley ups China growth forecast after strong exports boost country’s GDP
Morgan Stanley said strong exports and a Beijing led investment push will see China’s economy grow faster than previously expected in 2024MarketWatch - Business - China -
Strong storms forecast to bring rain, hail and tornadoes to the Plains and into the Midwest
Severe weather is forecast to bring rain, isolated flash flooding, hail and tornadoes to the Plains on Monday and to the Mississippi Valley on Tuesday.NBC News - Top stories -
Givaudan Sales Rise, Sees Strong Momentum
Givaudan reported a 13% rise in like-for-like first-quarter sales, ahead of analysts’ expectations, with its fragrance and beauty unit outperforming.The Wall Street Journal - World -
Treasury Yields Rise as U.S. Data Remain Solid
Treasury yields climbed sharply after U.S. retail sales data came in stronger than expected, raising the possibility that the Fed will keep rates on hold for longer than previously expected.The Wall Street Journal - World -
Tesco says shoppers buying more after inflation ‘lessened substantially’
The supermarket giant said it benefited from a return to volume growth in the UK and Ireland in the second half of the year.Yahoo Sports - Sports -
Jones: Cowboys 'hold money back' to keep stars
Dallas executive vice president Stephen Jones defended his team's dormancy in free agency by saying the team needs money to re-sign current stars.ESPN - Sports - NFL -
Nasdaq, S&P 500 Climb After PPI Data Lands
U.S. stocks climbed after wholesale price data came in slightly lower than expected.The Wall Street Journal - World -
U.S. Stocks Drop As Inflation Lingers
U.S. stocks fell broadly as a hot inflation reading had investors pushing back the timeline for the Fed to start cutting interest rates.The Wall Street Journal - World -
FTSE 100 Live 10 April: Shares near record high ahead of US inflation, Tesco profits up, THG sales dip
Tesco boss Ken Murphy today hailed the supermarket’s strong performance after reporting a 12.8% rise in annual operating profits to £2.8 billion. Other companies in the results spotlight today include the beauty and nutrition business THG and the ...Yahoo Sports - Sports -
UPDATE 1-Apple supplier IQE forecasts strong order book amid AI boom
British chip components maker IQE on Wednesday forecast its fiscal 2024 results to come within market expectations, supported by an improving order book amid a rapid development and popularity of the artificial intelligence (AI) industry. IQE ...Yahoo Sports - Sports - Apple -
2024 Masters weather forecast: Thursday thunderstorms, strong breezes lead into ideal weekend in Augusta
This year's Masters could get off to a slow start before the action heats up over the weekendCBS Sports - Sports -
United Airlines jumps more than 13% on strong earnings forecast, cuts 2024 fleet plan on Boeing delays
United expects to receive fewer aircraft this year and is planning to add leased Airbus A321neos.CNBC - Business -
Renee Zellweger is coming back as Bridget Jones for a fourth film
A new chapter of “Bridget Jones” is coming.NBC News - Top stories -
Danone Backs Outlook as Sales, Volumes Beat Estimates
Danone said it expected like-for-like sales growth of between 3% and 5% in 2024, and confirmed it anticipated a moderate improvement in recurring operating margin.The Wall Street Journal - World -
Danone Backs Outlook as Sales, Volumes Beat Estimates
Danone said it expected like-for-like sales growth of between 3% and 5% in 2024, and confirmed it anticipated a moderate improvement in recurring operating margin.The Wall Street Journal - Business -
EU Report Backs Telecom Consolidation, Strong Energy Market
Yahoo News - World - European Union -
Brewers place Christian Yelich on IL due to back strain amid strong start
Yelich had been having an incredible start to the season.Yahoo Sports - Sports -
Markets Slide After Unexpectedly Strong Inflation Report
Stocks fell and bond yields jumped as investors reassessed when the Federal Reserve may begin cutting interest rates.The New York Times - Business -
Man denies Christmas murder of 'Good Samaritan'
Chris Marriott was on a walk with his family when he was hit by a car and killed in Sheffield.BBC News - Top stories -
Bank of England Will Overhaul Its Forecasting After Inflation Surprises
The review, which was led by Ben S. Bernanke, a former Federal Reserve chair, came after the central bank had been criticized for underestimating inflation.The New York Times - Business -
ASML forecasts semiconductor rebound after first quarter disappoints
Dutch group’s orders fall short amid industry slowdownFinancial Times - Business -
Retail sales surge 0.7% in March as Americans seem unfazed by higher prices with jobs plentiful
Americans increased their spending pace in March at a better-than-expected pace from the previous month, underscoring how shoppers remain resilient despite inflationary pressures and other economic challengesABC News - Top stories -
Abbott Labs’ first-quarter results top estimates amid strong medical-device sales
Abbott Laboratories on Wednesday reported first-quarter sales and profit that topped expectations amid strength in its medical-device business.MarketWatch - Business -
Microsoft to invest $1.5bn in Abu Dhabi AI group G42
Agreement is latest move by US tech company to extend its reach into fast-growing sectorFinancial Times - Business - Microsoft -
The equity rally is on pause
Plus, how oil got to $90Financial Times - World -
Bad news for home buyers: Mortgage rates jump on the back of strong economic data
The 30-year mortgage rate is averaging at 6.88% Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Business - Mortgage -
Dow Advances as Markets Stabilize
U.S. stocks edged higher, with the Dow industrials leading gains, as investors cheered earnings from Morgan Stanley and UnitedHealth and digested comments from Fed Chair Jerome Powell.The Wall Street Journal - World -
Bank of England to scrap outdated inflation forecasting model in major overhaul after Fed boss’ review
The Bank of England announced an overhaul of its inflation forecasting models after a long-awaited review by former Fed Chair Ben Bernanke.CNBC - Business -
10-year, 30-year Treasury yields end at November highs after IMF upgrades U.S. growth forecast
Long-term Treasury yields finished at new five-month highs on Tuesday, after Federal Reserve Chair Jerome Powell indicated that policy makers will likely need to delay any interest-rate cuts and the International Monetary Fund projected faster ...MarketWatch - Business -
Alaska Airlines 2024 forecast tops estimates after loss from Boeing Max grounding
Alaska Airlines said Boeing paid it $162 million so far in compensation for the 737 Max grounding.CNBC - Business -
U.S. stocks ended mixed after the Fed chairman's remarks, with the S&P 500 and Nasdaq slipping 0.2% and 0.1%, respectively, while the Dow rose 0.2%. Treasury yields hit five-month highs.
U.S. stocks ended mixed after the Fed chairman’s remarks, with the S&P 500 and Nasdaq slipping 0.2% and 0.1%, respectively, while the Dow rose 0.2%. Treasury yields hit five-month highs.The Wall Street Journal - World -
Agent's Take: Why CeeDee Lamb negotiations could haunt Jerry Jones after Cowboys owner gave in to Zack Martin
Jones awarded Martin with a new deal after the All-Pro guard held out last preseasonCBS Sports - Sports -
Dow Leads Indexes Higher; TSMC Earnings in Focus
Stocks are climbing, reclaiming some ground after a downbeat Wednesday session.The Wall Street Journal - World -
Philips shares climb after finalizing pact with U.S. over device sales
Philips reiterated its financial outlook on Wednesday after finalizing a consent degree with the U.S. Department of Justice and Food and Drug Administration that will prevent it from selling new respiratory care devices in the U.S. but will allow ...MarketWatch - Business -
Western boot sales jumped after Beyoncé dropped 'Cowboy Carter'
Western-style boot sales climbed more than 20% the week after Beyoncé’s “Cowboy Carter” was released late last month, Circana reported.NBC News - Top stories -
We're buying a health-care stock that should be higher after reporting a strong quarter
It's the third time in recent weeks that we've added to our position in the medical device maker.CNBC - Business