Latest in Kohl’s stock sinks after another sales miss, as shoes and clothes remain weak
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Kohl’s stock sinks after another sales miss, as shoes and clothes remain weak
Kohl’s stock tanks after yet another sales miss, as the retailer’s core apparel and shoes businesses remain weak.Business - MarketWatch - Yesterday -
Target Stock Plunges After Weak Earnings Report Ahead of Holiday Season
The retailer’s downbeat earnings report, which included lower profit and larger inventory, fell far short of Wall Street’s expectations.Business - The New York Times - 6 days ago -
Caterpillar’s stock falls as weak equipment sales lead to a rare profit miss
Caterpillar’s stock fell after a rare profit miss, while revenue was below expectations for a fourth straight quarter.Business - MarketWatch - October 30 -
Roku’s stock sinks after streaming company posts another quarterly loss
Roku Inc.’s stock fell in after-hours trade Wednesday, after the streaming platform posted another quarterly loss and flat average revenue per user.Business - MarketWatch - October 31 -
Carlsberg Misses Sales Expectations on Weak Consumer Backdrop
The Copenhagen-based brewer didn’t meet revenue and sales volumes expectations due to a poor performance in China and other countries, but reiterated its full-year guidance.Business - The Wall Street Journal - October 31 -
Molson Coors sees weakness in U.S. beer volumes, leading to a sales miss
Molson Coors sees sales volumes drop amid weakness in the U.S. beer industry.Business - MarketWatch - November 7 -
Nintendo Cuts Switch Sales Forecasts After Weak Results
The Japanese videogame maker cut its annual forecasts for Switch console and software sales after disappointing first-half results.Business - The Wall Street Journal - November 5 -
Two Britons among 16 missing after Red Sea tourist boat sinks
Egyptian officials say 28 people from the vessel have been rescued after it sank on a five-day trip.Top stories - BBC News - Yesterday -
7 Still Missing After Tourist Boat Sinks in Egypt
The vessel was hit by a large wave in a part of the Red Sea coast that is known for diving and snorkeling.World - The New York Times - Yesterday -
EBay stock sinks after lackluster Q4 guidance, election distraction
EBay reported better-than-expected earnings for the third quarter, but the results were overshadowed by a disappointing forecast for the current period.Business - CNBC - October 30 -
Band-Aid, Tylenol parent’s sales miss the mark amid weakness in skin health
Kenvue tops profit view but sales fall a bit shy, as skin health and beauty see weakness.Business - MarketWatch - November 7 -
Kingfisher Narrows Profit Forecast After Sales Miss
Kingfisher said recent political and macroeconomic events are adding further uncertainty to its outlook after it posted worse-than-expected quarterly sales and narrowed down its profit guidance.Business - The Wall Street Journal - 2 days ago -
Lilly’s Mounjaro, Zepbound drugs see strong demand. So why did sales disappoint?
Eli Lilly’s stock heads for biggest selloff in more than three years after sales of anti-obesity drugs Mounjaro and Zepbound came up well short of forecasts.Business - MarketWatch - October 30 -
Wendy’s stock falls as same-restaurant sales miss again, by a wide margin
Shares of Wendy’s Co. were knocked lower on Thursday after the fast-food burger chain missed same-restaurant sales expectations again, by the widest margin in more than four years.Business - MarketWatch - October 31 -
At least 2 dead and 12 missing after a fishing boat sinks off South Korea's Jeju island
A fishing boat has capsized and sank off the coast of South Korea’s Jeju island, leaving at least two people dead and 12 others unaccounted forWorld - ABC News - November 7 -
17 people missing after Egyptian tour boat sinks on Red Sea diving trip
Authorities in Egypt say a luxury yacht that set off with 45 people from the Red Sea port of Ghalib for a week-long diving trip sank, with 28 rescued and 17 still missing.Top stories - CBS News - 2 days ago -
At least 17 missing after tourist yacht sinks in high waves on Red Sea
At least 17 people are missing after a tourist yacht sank in the Red Sea following warnings about rough seas, officials in Egypt said Monday.Top stories - NBC News - 2 days ago -
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Alibaba posts profit beat as China looks to prop up tepid consumer spend
The results come at a tricky time for Chinese commerce businesses, given the broad sluggishness in the world's second-largest economy.Business - CNBC - November 15 -
At least 89 people remain missing after floods in eastern Spain
Valencia authorities say search efforts continue as prime minister announces €10.6bn fund to help victims of disaster. At least 89 people remain missing after deadly floods in eastern Spain, ...World - The Guardian - November 5 -
Nordstrom tops Wall Street’s earnings expectations, as shoppers buy more clothes and shoes
The retailer's sales growth is notable at a time when discretionary merchandise and the luxury sector have been under pressure.Business - CNBC - 19 hours ago -
Best Buy’s stock slides as ‘softer-than-expected’ demand leads to sales, earnings miss
Macro uncertainty, customers waiting for deals and sales events, and distraction during the run-up to the election led to softer-than-expected demand, according to Best Buy CEO Corie Barry.Business - MarketWatch - Yesterday -
Fluor’s stock tumbles after a big earnings miss, plan to deconsolidate NuScale
Fluor misses revenue expectations by the widest margin in five years, will deconsolidate NuScale, and the stock tumbles.Business - MarketWatch - November 8 -
Temu parent’s stock tumbles after a big earnings miss as competition intensified
Temu parent PDD’s stock was sinking premarket after another disappointing earnings report, with profit missing expectations by the widest margin in nearly four years.Business - MarketWatch - 6 days ago -
Pharma stocks sink on RFK Jr. pick
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Pharma stocks sink after RFK Jr. tapped to lead HHS Several pharmaceutical and ...Politics - The Hill - November 15 -
Stock for Sale by Cabinet Members
Trump’s picks for Treasury secretary and commerce secretary both lead Wall Street firms. Here’s what that could mean for their finances and businesses.Business - The New York Times - 3 days ago -
Gap says it picked up wealthier shoppers, and more market share, despite weak clothing demand
Shares of Gap Inc. rallied after hours on Thursday after the clothing retailer pushed its full-year outlook higher and said the holiday shopping season was “off to a strong start.”Business - MarketWatch - 5 days ago -
Lions defense takes another major hit as starting LB to miss significant time after suffering injury vs. Jags
Detroit lost Alex Anzalone during the blowout victorySports - CBS Sports - November 18 -
Women's college basketball rankings: USC, JuJu Watkins remain at No. 3 after avoiding upset vs. Ole Miss
South Carolina, meanwhile, is now unanimously the top-ranked teamSports - CBS Sports - November 11 -
Tesla’s market cap hits $1 trillion after another Trump-fueled jump for the stock
Tesla Inc.’s market valuation hit $1 trillion on Friday, after a post-election rally lifted the electric-vehicle maker’s stock by more than 25% on hopes the incoming Trump administration could ...Business - MarketWatch - November 8