Latest in Ralph Lauren credits stronger than expected holiday season as stock rises on earnings boost
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Givaudan Reports Profit Rise, Expects to Exceed Five-Year Sales Target
The flavor-and-fragrance company said full-year net profit for 2024 rose 22% to $1.2 billion, beating analyst expectations.The Wall Street Journal - Jan. 24 -
'Severance' has a new credit sequence for Season 2. The animator explains it
Oliver Latta, the animator of the "Severance" credit sequence, explains some of the characters and symbols you'll find in the new version.Los Angeles Times - Jan. 24 -
American Airlines’ weaker-than-expected guidance ‘not as negative’ as it appeared, says analyst
American Airlines cited “present demand trends” and fuel-price forecasts as it predicted a first-quarter loss.MarketWatch - Jan. 23 -
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 - Jan. 23 -
Elevance Health earnings boost health-insurance stocks after upbeat outlook
Elevance Health Inc.’s stock rose 2% Thursday and boosted other health-insurance stocks after the company delivered better-than-expected earnings and forecast growth for 2025, easing investor ...MarketWatch - Jan. 23 -
A record number of consumers are making minimum credit cards payments as delinquencies also rise
The share of active holders just making baseline payments on their cards jumped to a 12-year high, a Philadelphia Federal Reserve report said.CNBC - Jan. 23 -
Dragon Age: The Veilguard Had Far Fewer Players Than EA Expected
EA has announced that Dragon Age: The Veilguard and EA Sports FC 25 underperformed its expectations.. EA confirmed the underperformance of the RPG and sports game while sharing preliminary ...GameSpot - Jan. 22 -
Record number of consumers are making minimum credit cards payments as delinquencies rise
Consumer stress has intensified, with an escalating share of credit card holders making only minimum payments on their bills, according to a Philadelphia Federal Reserve report.NBC News - Jan. 22 -
UK borrows far more than expected in December
Government borrowing hits £17.8bn as chancellor Rachel Reeves faces pressure to turn around the economyFinancial Times - Jan. 22 -
Tech is now betting on AI ‘agents.’ Will they boost stocks or take your job?
Software companies like Salesforce are marketing their newest generative artificial-intelligence products as “agents” and “digital labor” — but analysts doubt agentic AI’s ability to take jobs or ...MarketWatch - Jan. 21 -
3M’s stock rises as company targets growth this year
3M Co.’s stock rose 4.6% Tuesday after the maker of Post-it Notes, Scotch Tape and Command strips posted better-than-expected fourth-quarter earnings and guided for sales growth in 2025.MarketWatch - Jan. 21 -
Stock futures rise as Trump sworn in as president with regular trading closed
Traders were likely encouraged by a report that Trump wouldn't immediately install new tariffs on day one.CNBC - Jan. 20 -
Does a Strong Holiday Shopping Season Mean a Better Year Ahead?
Consumers spent more than expected over the holidays on clothes and electronics. But the retail economy is still a mixed bag.The New York Times - Jan. 20 -
Trump expected to sign more than 50 executive orders Monday
Donald Trump plans to sign more than 50 executive orders Monday — and possibly more than 100 of them — on the first day of his second presidency, according to a person in his transition operation.NBC News - Jan. 19 -
Lofty expectations pose tough earnings test for Wall Street
Strong results from $25tn worth of companies needed to help drive rally after shaky few weeks for S&P 500Financial Times - Jan. 18 -
UnitedHealth’s Revenues Rise, in First Earnings Report Since CEO’s Killing
But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.The New York Times - Jan. 16 -
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 -
CDC upgrades its advisory on bird flu. Will Moderna’s stock get a boost?
CDC officials say medical professionals are seeing more patients whose illness cannot be traced back to an infected animal or bird.MarketWatch - 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 -
Retail sales point to a robust holiday shopping season. U.S. economy starts off 2025 with some momentum.
Retail sales rose at a solid pace in the final month of 2024, capping off a good holiday shopping season and suggesting the economy entered the new year with some momentum.MarketWatch - Jan. 16 -
Core inflation rate slows to 3.2% in December, less than expected
The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%.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 -
People bought cheaper jewelry as holiday gifts, and Signet’s stock is tumbling
Kay Jewelers, Zales parent cut its sales outlook as more customers bought discounted jewelry for Christmas than expected.MarketWatch - Jan. 14 -
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 -
JPMorgan, Citi, Wells Fargo and Goldman’s earnings results may boost banks stocks further
The largest banks in the U.S. may justify further gains in stock prices if their earnings updates in the coming days include any upside surprises around loan growth or a boost from lighter ...MarketWatch - Jan. 13 -
These are the stocks that Morgan Stanley’s Mike Wilson sees standing up to rising rates
Investors should stick to quality names amid rising rates, says a team led by Morgan Stanley’s Mike Wilson.MarketWatch - Jan. 13 -
India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts
The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.CNBC - Jan. 13 -
LA fires death toll rises to 24 as high winds expected
The dry Santa Ana winds are expected to pick up overnight and continue to cause problems until Wednesday.BBC News - Jan. 13 -
Debts on EY’s failed Project Everest took longer than expected to clear
Doomed spin-off plan still had $270mn outstanding at the end of the firm’s financial yearFinancial Times - Jan. 13 -
Here Comes the Sun: Ralph Fiennes and more
Actor Ralph Fiennes sits down with Martha Teichner to discuss his latest films “Conclave” and “The Return.” Then, Rita Braver meets artist Noah Verrier, known as a “junk food painter,” who paints ...CBS News - Jan. 12 -
Boeing production in 2024 expected to be less than half of rival Airbus
US planemaker may have delivered 340 aircraft compared with 766 of European group, analysis suggests. Boeing is expected to confirm it made less than half of the aircraft of its rival Airbus in ...The Guardian - Jan. 12 -
Lauren Macuga earns first Alpine skiing World Cup win
Lauren Macuga became the youngest American to win a World Cup speed race in 18 years.Yahoo Sports - Jan. 12 -
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 -
How Nick Sirianni deserves credit for preventing Eagles collapse in consecutive seasons
Sirianni didn't oversee an Eagles collapse this yearCBS Sports - Jan. 10 -
After leaving the U.S., Richard Gere dives into holiday season in Spain with family
The Hollywood legend has wasted no time in enjoying his new life in Spain, taking full advantage of the holiday season to explore the surrounding areas of his Madrid abode.MarketWatch - 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 -
Nvidia’s stock falls further — but analysts see a future that’s brighter than ever
Nvidia’s talk of huge market opportunities in autonomous driving and robotics is “potentially comforting for investors thinking about what might come next for the company,” an analyst says.MarketWatch - Jan. 8 -
Holidays and higher egg prices lift Cal-Maine’s results and stock
Results reflected ‘seasonal boost leading up to the Thanksgiving holiday’ as well as higher prices due to bird-flu outbreakMarketWatch - Jan. 8
