Burberry shares jump 13% after better than expected quarterly sales

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 - 2h

Burberry shares jump 13% after better-than-expected quarterly sales

Burberry on Friday reported a shallower-than-expected dip in sales in the fiscal third quarter, in the first glimpse of fresh efforts to revamp the beleaguered British fashion house.

CNBC - 8h

Shares of cash-strapped Nikola nosedive on report of potential sale

Nikola warned investors on its third-quarter conference call that the company only had enough cash to support its business into the first quarter of 2025.

CNBC - 21h

Adidas to cut up to 500 jobs after posting better-than-expected holiday profits

Adidas plans to cut as many as 500 jobs at its corporate headquarters in Germany in a bid to simplify its business—not to cut costs.

CNBC - 1d

One reason renting is better than buying — for now

Tenants’ wages have gone up faster than rents, which has boosted affordability.

MarketWatch - 1d

Why AMD could surprise Wall Street with better-than-expected earnings

AMD is under heavy pressure to defend its stock-market valuation.

MarketWatch - 1d

easyJet Shares Fall on Expectations of Weaker Second Quarter

The airline’s stock was down after it flagged weakening revenue trends in its fiscal second quarter, despite an improved first-quarter performance.

The Wall Street Journal - 2d

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

UK borrows far more than expected in December

Government borrowing hits £17.8bn as chancellor Rachel Reeves faces pressure to turn around the economy

Financial Times - 2d

Netflix shares jump as it adds record number of subscribers

Streaming pioneer’s total number of customers passes 300mn as it receives boost from live sports

Financial Times - 2d

Oracle shares jump 7% on involvement in AI infrastructure initiative that Trump will announce

Oracle will be involved in a joint venture for artificial intelligence infrastructure in the U.S. that President Trump will announce.

CNBC - 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

4 Things Apple Maps Does Better Than Google Maps

Apple’s platform for maps and directions, the perpetual runner-up to Google Maps, has improved markedly over the past few years. Here are the ways it currently bests its rival.

Wired - 3d

Apple's Smartphone Sales Slump in China as Huawei Gains Market Share

The U.S. tech giant’s fourth-quarter iPhone sales fell 18% in the world’s largest smartphone market.

The Wall Street Journal - 3d

Cruz expects to see TikTok sale under Trump

Sen. Ted Cruz (R-Texas) said Monday that he expects to see TikTok sold under President-elect Trump, as the incoming president has vowed to protect the app. “Well, the statute allowed for a 90-day ...

The Hill - 4d

Saab Expects Sales Growth to Top Guidance

The company said it experienced a stronger-than-expected final quarter of the year, with global defence spending surging as nations support Ukraine while restocking their own arsenals.

The Wall Street Journal - Jan. 17

Is a HELOC better than a credit card in 2025?

A HELOC could be better than a credit card this year, thanks to these three big reasons.

CBS News - Jan. 16

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

Target says its holiday sales were better than expected — but its profits weren't

The big-box retailer's report indicates that deals and promotional events motivated shoppers.

CNBC - Jan. 16

Bank of America tops estimates on better-than-expected investment banking, interest income

The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier.

CNBC - Jan. 16

For Marcus Freeman, Notre Dame might be better than any NFL job

The Notre Dame head coach has his team is playing for the national title Monday, but with at least one NFL team interested in him. Don't be in such a rush.

Yahoo Sports - Jan. 15

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

Why Visa’s stock could be a better play than Mastercard’s this year

Visa’s more U.S.-focused business looks like an asset, according to Seaport Research.

MarketWatch - Jan. 14

Trump Media shares jump more than 21% week before presidential inauguration

Tech companies and executives have donated to the Trump inaugural fund, including Google, Meta and Amazon, as well as OpenAI CEO Sam Altman.

CNBC - Jan. 13

Macy’s stock slides as retailer warns Q4 sales could be weaker than expected

Macy’s gave its fourth-quarter update just days after announcing a slate of store closures.

MarketWatch - Jan. 13

Lululemon’s stock jumps as strong holiday sales show demand is improving

Lululemon’s stock rallies toward a 10-month high after guidance for profit, revenue and gross margin were raised.

MarketWatch - Jan. 13

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

Treasury yields jump after US jobs report smashes expectations

Bank of America says ‘gangbusters’ figures will dash hopes for further Federal Reserve rate cuts

Financial Times - Jan. 10

Stellantis aims to reverse yearslong declines in U.S. sales and market share in 2025

Stellantis' top priority for the U.S. this year is to grow its retail market share after several years of declining sales in its largest, most crucial market.

CNBC - Jan. 10

10-year Treasury yield spikes to highest level since late 2023 after hotter-than-expected jobs report

U.S. Treasury yields jumped after December's jobs report was stronger than expected.

CNBC - Jan. 10

Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views

The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.

The Wall Street Journal - Jan. 10

Lands’ End winter sale: 13 best products to shop

Lands’ End is currently discounting apparel for men, women and children, including winter essentials like coats, pants, gloves and more.

NBC News - Jan. 9

Sources: Batting champ Luis Arraez fits Mets better than Yankees

The Mets seem slightly more open to trading to Luis Arraez than the Yankees do.

Yahoo Sports - Jan. 9

Greggs shares drop on sales slowdown

UK bakery chain blames ‘subdued high street footfall’ for weaker earnings

Financial Times - Jan. 9

Costco’s holiday-season sales jump was not just about food, analyst says

Costco Wholesale Corp. on Wednesday reported a 9.9% year-over-year sales gain through the final stretch of the holiday-shopping season, marked by a big jump in online sales.

MarketWatch - Jan. 8

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

Why a home equity loan could be better than a HELOC this January

There's a strong case to be made for choosing a home equity loan over a HELOC this month. Here's what to consider.

CBS News - Jan. 3

Treasury yields end higher after ISM’s stronger-than-expected manufacturing data

Yields on U.S. government debt finished slightly higher on Friday after a manufacturing-related reading showed signs of improvement for the struggling sector.

MarketWatch - Jan. 3

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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