Lands Ends Stock Rallies As Retailer Posts Strongerthanexpected Sales
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Hermes Posts Sales Growth Across All Markets
Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole.The Wall Street Journal - World -
Hermes Posts Sales Growth Across All Markets
Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole.The Wall Street Journal - Business -
Royal Caribbean sees record bookings as demand for experiences and travel grow
There were a lot of records associated with Royal Caribbean’s first-quarter report, including ticket pricing, bookings and the stock, as demand for cruises remained “very robust.”MarketWatch - Business -
Retail investors pulled back dramatically on stock purchases in April, adding to market’s woes
Retail investors went on a tax-season buyers strike that helped exacerbate the stock-market selloff in early April, according to data from Vanda Research.MarketWatch - Business -
UK tech darling Darktrace rallies 17% after agreeing $5.32 billion private equity sale to Thoma Bravo
The move will be seen as a major blow to the London Stock Exchange.CNBC - Business - United Kingdom -
Ford stock rises as EV losses are held in check and hybrid sales surge
Carmaker reports a better-than-expected quarter, and EV losses were around Wall Street expectations.MarketWatch - Business -
Nio’s stock jumps after report of China’s plan to boost EV sales
Shares of Nio Inc., and those of other China-based electric-vehicle makers, powered higher Friday, after a report that China reportedly plans to provide car owners with an incentive to buy EVs.MarketWatch - Business - China -
Newell’s stock rallies on revenue beat as it boosts margins and carries out restructuring plan
The parent company of Rubbermaid, Sharpie, Mr. Coffee, Elmer’s glue and more said it lost $9 million, or 2 cents a share in the first quarter, compared to a loss of $102 million, or 25 cents a share, in the year-ago period.MarketWatch - Business -
U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.
U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.The Wall Street Journal - World -
Rémy Cointreau posted a decline in sales for its fourth quarter as it continues to destock in the U.S., but saw a better-than-expected performance in China despite the complex market environment there.
Rémy Cointreau posted a decline in sales for its fourth quarter as it continues to destock in the U.S., but saw a better-than-expected performance in China despite the complex market environment there.The Wall Street Journal - World -
The Thrill Factor Is Back for Retail Investors
Trading activity at Charles Schwab, Morgan Stanley and Robinhood has reached the highest levels since early 2022.The Wall Street Journal - World -
The Thrill Factor Is Back for Retail Investors
Trading activity at Charles Schwab, Morgan Stanley and Robinhood has reached the highest levels since early 2022.The Wall Street Journal - World -
German union calls for strikes at retailers IKEA and Metro
Yahoo News - World - Germany -
Walmart Founder's Son to Retire From Retailer's Board
Walmart’s former chair and long-serving board member Rob Walton, the son of the retail giant’s founder, will retire from the company’s board in June.The Wall Street Journal - World -
Walmart Founder's Son to Retire From Retailer's Board
Walmart’s former chair and long-serving board member Rob Walton, the son of the retail giant’s founder, will retire from the company’s board in June.The Wall Street Journal - Business -
Sale or No Sale, TikTok Will Never Be the Same
TikTok but without the algorithm? TikTok by Meta? A new law this week puts the platform on a death watch—and none of the potential outcomes look great.Wired - Tech - Tiktok -
Tesla's Big Rally Drives the Nasdaq Higher
U.S. stocks have rebounded in recent days, after notching their worst week in more than a year.The Wall Street Journal - World -
Divestment From Israel Is a Rallying Cry for College Protesters
The campaign is likely to have a negligible impact on the companies or Israel, but activists see divestment as a clear way to force colleges to take action on the issue.The New York Times - Top stories - Israel -
Divestment From Israel Is a Rallying Cry for College Protesters
The campaign is likely to have a negligible impact on the companies or Israel, but activists see divestment as a clear way to force colleges to take action on the issue.The New York Times - Business - Israel -
How Trump’s Rhetoric at Rallies Has Escalated
No major American presidential candidate has talked like he now does at his rallies — not Richard Nixon, not George Wallace, not even Donald Trump himself.The New York Times - Top stories - Donald Trump -
Online retailer Shein is latest to face strict European Union digital regulations
Online fast-fashion retailer Shein must face the European Union’s strictest level of digital regulationsABC News - Tech -
Why middle-tier retailers are suffering as high and low-price stores thrive
The once-popular clothing store Express filed for bankruptcy along with the arts and crafts retailer JOANN. They're just the latest middle-tier retailers to suffer as demand for high-end and budget stores grows. Jordyn Holman, business and retail ...CBS News - Top stories -
SKF Warns of Lower Sales
SKF said it expected a mid-single digit fall in sales in the second quarter, with market volatility and geopolitical uncertainty continuing, after it reported below-forecast sales in the first quarter but profits in line with hopes.The Wall Street Journal - World -
SKF Warns of Lower Sales
SKF said it expected a mid-single digit fall in sales in the second quarter, with market volatility and geopolitical uncertainty continuing, after it reported below-forecast sales in the first quarter but profits in line with hopes.The Wall Street Journal - Business -
Chipotle says it’s seen no impact yet on consumers from California wage increases
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for limited-time menu items.MarketWatch - Business - California -
Boston police arrest 100 as crackdown on campus Palestine protests ramps up
At least 93 students detained at USC and 34 arrested in Austin while House speaker faced jeers at Columbia University. More than 100 people were arrested at Emerson College in Boston early on Thursday in the latest crackdown against the rising ...The Guardian - World -
Police Arrest Rabbis Demanding Cease-Fire at Rally Near Gaza-Israel Border
A group of about 30 rabbis and peace activists from Israel and the United States was trying to take food supplies into the territory.The New York Times - World - Israel -
Sand Land Review
Sand Land's fantastic vehicular combat and adherence to the source material are let down by bland and repetitive stealth, melee combat, and mission design.GameSpot - Tech -
Sanofi Sales, Profit Beat Forecasts
Sanofi backed its full-year earnings guidance after it reported first-quarter profit ahead of consensus, with sales growth driven by continued strength in anti-inflammatory drug Dupixent and its new drug launches.The Wall Street Journal - World -
Sanofi Sales, Profit Beat Forecasts
Sanofi backed its full-year earnings guidance after it reported first-quarter profit ahead of consensus, with sales growth driven by continued strength in anti-inflammatory drug Dupixent and its new drug launches.The Wall Street Journal - Business -
AstraZeneca Earnings, Sales Beat Views
AstraZeneca reiterated its full-year guidance after posting first-quarter core earnings and sales above forecasts.The Wall Street Journal - World -
Sainsbury's: Almost everyone now shops in store
Nearly 90% of business now comes from its stores, the retailer says, as it reports a rise in food sales.BBC News - Top stories -
AstraZeneca Earnings, Sales Beat Views
AstraZeneca reiterated its full-year guidance after posting first-quarter core earnings and sales above forecasts.The Wall Street Journal - Business -
Team Biden Is Posting Through the Looming TikTok Ban
President Joe Biden may have signed the TikTok ban bill into law, but his campaign is still active on the Chinese-owned app.Wired - Tech - Joe Biden -
Post Office paid widow in instalments for silence
The Horizon scandal inquiry reveals details of the biggest miscarriage of justice in UK legal history.BBC News - Top stories -
A new wave of e-commerce disruption could close 45,000 retail stores over the next five years, analysts say
UBS analysts have suggested that e-commerce isn’t done upending brick-and-mortar retail just yet.MarketWatch - Business -
'We lost £26,000 in a year' - shoplifting hits record in England and Wales
Shoplifting was up by 37% in the year to December 2023, the highest since records began in 2003.BBC News - Top stories -
Microsoft's bullish PC outlook makes us want to buy more of this electronics retailer
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
U.S. Stocks Trade Lower
Stocks gave up early gains and turned lower. Tesla shares rose, helping the Nasdaq. The tech-heavy index has moved between gains and losses ahead of more big-tech earnings, including Meta due after the close.The Wall Street Journal - World -
What the End of Negative Rates Means for Japan
The world’s fourth-largest economy is entering a new era, and there’s a lot at stake.The Wall Street Journal - World - Japan