Latest in GM’s and Ford’s stocks drop after Jeep owner Stellantis cuts profit margin view
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Asian stocks rise after US inflation data clears way for rate cut
Currencies strengthen against dollar as investors position for loosening by Federal ReserveFinancial Times - Dec. 12 -
Here’s what one employee hiding money is doing to Macy’s stock and profit view
Macy’s cut its full-year earnings outlook, after making adjustments to reflect the impact of misstated delivery expenses.MarketWatch - Dec. 11 -
GameStop’s stock jumps on surprise third-quarter profit
Shares of GameStop Corp. were up 8.2% in extended trading after the videogame retailer reported a surprise third-quarter profit, despite falling sales.MarketWatch - Dec. 10 -
Oracle shares suffer steepest drop of 2024 after earnings miss
Oracle shares fell on Tuesday following disappointing quarterly results from the database software company.CNBC - Dec. 10 -
United Natural Foods’ stock soars 23% as health-food supplier delivers a surprise adjusted profit
United Natural Foods Inc.’s stock soared 23% Tuesday after the health-food supplier delivered a surprise adjusted profit for its fiscal first quarter and sales that easily beat estimates.MarketWatch - Dec. 10 -
Ford’s cutting jobs in Germany. Scholz wants Europe to step in.
German chancellor Olaf Scholz called for subsidies for battery makers to protect jobs and drive the transition towards “electromobility”MarketWatch - Dec. 10 -
We're booking big profits in a tech stock popping on news that seems too theoretical
It's unclear what business case and monetization strategy can come from this development.CNBC - Dec. 10 -
Yankees GM Brian Cashman defends Hal Steinbrenner after Juan Soto signs with Mets: 'Went above and beyond'
Soto is headed across New York on a 15-year, $765 million contractCBS Sports - Dec. 9 -
Ex-Dodge, Ram boss Tim Kuniskis returning to Stellantis after CEO's exit
DETROIT — Well-known Stellantis executive Tim Kuniskis is returning to the automaker effective immediately, CNBC has learned.NBC News - Dec. 9 -
Men's basketball AP poll: Tennessee takes over at No. 1 after Kansas drops back-to-back games
Kansas fell to both Creighton and Missouri this past week.Yahoo Sports - Dec. 9 -
Ex-Dodge, Ram boss Tim Kuniskis returning to Stellantis after CEO's exit
Well-known Stellantis executive Tim Kuniskis is returning to the automaker effective immediately, CNBC has learned.CNBC - Dec. 9 -
Interpublic’s stock is jumping after Omnicom deal. Here’s what is happening.
Interpublic’s stock jumped Monday after multiple reports it may merge with Omnicom in a deal that that would create the largest advertising company.MarketWatch - Dec. 9 -
$3.1M bet on Eagles wins after late dropped pass
An unidentified bettor in Kentucky won a net $442,857 as the Eagles survived the Panthers on Sunday.ESPN - Dec. 8 -
Man City drops more points after draw with Crystal Palace and Man United loses again
Manchester City’s Premier League title defense has taken another blow after a 2-2 draw with Crystal PalaceABC News - Dec. 7 -
Watch as Tony Gonzalez whiffs trying to hit a wiffle ball off a tee after Lions vs. Packers at Ford Field
Gonzalez's athleticism may not translate to wiffle ballCBS Sports - Dec. 6 -
Hawk Tuah girl hits back at criticism after her cryptocurrency drops 95% in value
Haliey Welch's "Hawk" digital coin shot up in price then lost 95% of its value just hours after it launched.BBC News - Dec. 6 -
Investors pour $140bn into US stock funds after Trump election victory
Bets incoming administration will enact ‘pro growth’ agenda spur rush into Wall Street equitiesFinancial Times - Dec. 6 -
Oil ends lower after OPEC+ again delays phaseout of production cuts
Oil futures finished lower on Thursday after the Organization of the Petroleum Exporting Countries and its allies, as expected, agreed to further postpone a proposed unwinding of production cuts in ...MarketWatch - Dec. 5 -
American Eagle’s stock drops as warm fall weather bites into clothing sales
American Eagle’s stock falls 13% Thursday, and a J.P. Morgan analyst cuts its rating to neutral.MarketWatch - Dec. 5 -
Signet Jewelers’ stock drops as it faces competition from lab diamonds and misses Wall Street’s profit and sales estimates
Retailer warns its revenue may fall short of expectations in the coming quarter.MarketWatch - Dec. 5 -
Frasers Group Tumbles After Guidance Cut
The U.K. sports-fashion retailer lost $540.4 million off its market value after it lowered expectations for its fiscal year, citing recent tough business conditions and weak consumer confidence.The Wall Street Journal - Dec. 5 -
French bond risk premium dips and stocks rise after government falls
French assets were taking the government’s fall in their stride early Thursday, though the extra cost Paris must pay to borrow remained close to 12-year peaks.MarketWatch - Dec. 5 -
UK businesses expect lower margins and higher prices after Budget
Survey finds 54% of companies plan to raise prices in 2025 after national insurance increaseFinancial Times - Dec. 5 -
PVH Stock Falls After Holiday Outlook Falls Short
The company guided for sales to fall between 6% and 7% in the current quarter, wider than the 4.5% decline forecast by analysts.The Wall Street Journal - Dec. 4 -
Longtime Rep. Nadler drops bid to remain top Democrat on Judiciary Committee after challenge
Longtime Rep. Jerry Nadler dropped his bid to remain the top Democrat on the House Judiciary Committee after Rep. Jamie Raskin said he would challenge him for the job.NBC News - Dec. 4 -
American Eagle Shares Plunge After Retailer Cuts Sales Outlook
Shares of the apparel retailer fell 12% after the company forecast a steeper-than-expected decline in sales for the holiday quarter.The Wall Street Journal - Dec. 4 -
Trump's defence nominee hits out after reports he could be dropped
US media suggest the president-elect could replace Pete Hegseth, whose selection is under intense scrutiny.BBC News - Dec. 4 -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
Supermarkets 'putting profits above human rights', MP says after BBC investigation
Supermarkets that appear to be selling products linked to slave labour in China have been criticised following a BBC investigation.BBC News - Dec. 4 -
Police seek dog owner after fatal attack on young deer in royal park
Footage released of spaniel chasing deer in ‘deeply distressing’ incident in Richmond Park. Police are looking for the owner of a pet dog that is believed to have chased and killed a deer in ...The Guardian - Dec. 4 -
South Korea Stock Markets Wobble After Martial Law Turmoil
Officials pledged “unlimited” support to markets as traders digested the implications of South Korea’s brief declaration of martial law.The New York Times - Dec. 4 -
Korean stocks trim declines after president lifts martial-law order
U.S.-listed shares of South Korean stocks and ETFs tracking the country’s equities market trimmed declines Tuesday afternoon after the country’s president lifted a martial-law order.MarketWatch - Dec. 3 -
Texans coach DeMeco Ryans, GM defend Azeez Al-Shaair after violent hit on Trevor Lawrence
Ryans defended the hit, blamed the Jaguars for overreacting and lauded Al-Shaair's leadershipCBS Sports - Dec. 3 -
Meloni says Italy aims to protect jobs after CEO of Fiat owner Stellantis quits
Company is at loggerheads with Italian government, which claims it has not invested enough in the country. Business live – latest updates The Italian prime minister, Giorgia Meloni, has said ...The Guardian - Dec. 3 -
Top officer in Afghanistan promoted after senator drops hold
A top Army officer who served in Afghanistan was promoted by the Senate on Monday night after Sen. Markwayne Mullin (R-Okla.) dropped his hold on the promotion. He had raised concerns about a lack ...The Hill - Dec. 3 -
Ex-paddleboard firm owner in court after deaths
Nerys Bethan Lloyd, 39, is charged with gross negligence manslaughter after four people died.BBC News - Dec. 3 -
Zscaler’s post-earnings stock drop further bucks 2024’s rally by software sector
Zscaler’s stock was down on the year prior to earnings, while an ETF tracking the software sector had rallied 29%MarketWatch - Dec. 3 -
Microchip Technology to Cut Jobs, Sees Revenue Near Low End of Views
The Chandler, Ariz., total system solutions provider said it plans to cut about 500 employees following slower-than-expected turns orders and manufacturing restructuring plans.The Wall Street Journal - Dec. 2 -
How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.The Wall Street Journal - Dec. 2 -
Men's basketball AP poll: UConn drops 23 spots after losing 3 straight games to unranked teams in Hawaii
The Maui Invitational was not kind to Dan Hurley or the Huskies last week.Yahoo Sports - Dec. 2
