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H&M Shares Plunge on Worsening Outlook
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CNBC - Business
Nike shares plunge after retailer says quarterly sales will fall 10%, warns on China weakness
Nike has found itself in a rough patch as the sneaker giant has worked to claw back market share it's ceded to upstarts like On Running and Hoka.China -
The Wall Street Journal - World
Hennes & Mauritz's shares plunged 13% after it made a weak start to its third quarter and warned about rising raw material costs and adverse currency moves.
Hennes & Mauritz’s shares plunged 13% after it made a weak start to its third quarter and warned about rising raw material costs and adverse currency moves. -
BBC News - Top stories
Analysis: Biden's incoherent debate performance heightens fears over his age
The president came into his debate with Donald Trump with a low bar to clear, and he struggled, writes Anthony Zurcher.Joe Biden -
Financial Times - World
Why the far right’s win plunges France into deep uncertainty
Also in this newsletter: the Socialists’ message to Ursula von der Leyen -
CBS Sports - Sports
Draft Recap: Forecasting Bronny's Year 1 impact, biggest trades, Fantasy outlooks, and more
Plus, Alex Barutha dishes on another Lakers' draft pick Fantasy managers would be wise not to sleep on -
MarketWatch - Business
Crude prices climb to 2-month high on summer demand prospects, 5th weekly fall in U.S. oil rigs
Oil futures climbed on Monday as prospects for strength in summer demand and a fifth consecutive drop in the number of active U.S. oil-drilling rigs helped lift prices to their highest settlement in more than two months. -
CNBC - Business
Walgreens stock plunges as drugstore chain slashes profit guidance in 'challenging' consumer environment
The results and guidance cut come as Walgreens works to slash costs by closing underperforming U.S. stores, among other measures. -
The Wall Street Journal - World
Hong Kong Shares Edge Higher, Lifted by Energy and Materials Stocks
Hong Kong shares edged higher after a weak open. Hong Kong stocks have been lacking direction as investors eye the upcoming Communist Party plenary session, Maybank said.Hong Kong -
Financial Times - Business
Nike shares tumble 20% as sales warning rattles retailers
Sportswear maker says it is taking aggressive action to reorganise inventory after weaker than expected quarter
More from The Wall Street Journal
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The Wall Street Journal - Business
Nokia to Buy Infinera for $2.3 Billion to Boost Optical-Networks Arm
The deal, which is valued at $6.65 a share, is a 28% premium from Infinera’s stock price at the close of trading on Wednesday. -
The Wall Street Journal - Business
Nokia to Buy Infinera for $2.3 Billion to Boost Optical-Networks Arm
The deal, which is valued at $6.65 a share, is a 28% premium from Infinera’s stock price at the close of trading on Wednesday. -
The Wall Street Journal - Business
Under Armour to Settle Claims Over Past Financials With $434 Million Payment
The sportswear brand said it has agreed to pay $434 million to settle claims related to past company financials and focus on its restructuring plan. -
The Wall Street Journal - Business
Electric-Vehicle Startup Fisker Files for Bankruptcy
Fisker ran out of cash after a failed effort to change its business model and find a financial savior. -
The Wall Street Journal - Business
Lilly's Weight-Loss Drug Is a Huge Hit. Its CEO Wants to Replace It ASAP.
Dave Ricks is pushing his scientists to find an even more potent anti-obesity treatment. “Lilly’s got a lead, and we plan to exploit that lead.”