Cuts Sales Profit
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Wired - Tech
It’s the Last Day of the All-Clad Factory Seconds Sale
All-Clad cookware is the best you can buy—and it has a price tag to match. This sale will stretch your dollars.Yesterday -
MarketWatch - Business
Tupperware Brands files for bankruptcy after years of weak sales
Tupperware Brands, the iconic food-storage company known for its resealable plastic containers and pioneering direct-to-consumer sales, has filed for bankruptcy after years struggling with weak sales.Yesterday -
MarketWatch - Business
Media mogul Byron Allen sells stunning Aspen mansion for $60 million, at a nice profit
The CEO of the largest privately held media company in the U.S. reportedly bought the property four years ago for $27 million.Yesterday -
CBS News - Top stories
Tupperware files for bankruptcy amid slumping sales
Tupperware and some of its subsidiaries have filed for Chapter 11 bankruptcy protection, the once-iconic food container maker said in a statement.Yesterday -
CNBC - Business
What a Fed rate cut could mean for the world
From currencies and commodities; equities to bonds — global markets are braced for the first rate cut by the Federal Reserve this week.Yesterday - Federal Reserve -
MarketWatch - Business
2-, 10-year Treasury yields bounce off 2024 lows after August retail-sales data
Treasury yields rose slightly on Tuesday, but remained not far from their lowest closing levels in one or two years, after August’s retail-sales report pointed to a U.S. economy that remains stable.Yesterday -
VentureBeat - Tech
Pipedrive brings new AI-powered Pulse to its sales CRM
Pulse, therefore, is designed to streamline the process of sorting the most valuable and close-to-closing deals.Yesterday -
The New York Times - Business
Air Mail, Digital Weekly for the Smart Set, Is Said to Be Exploring a Sale
The company, founded in 2019, is known for its weekend newsletter of deeply reported features, travel recommendations and shopping tips.Yesterday -
NBC News - Top stories
OceanGate CEO put profits over safety ahead of Titan's fatal voyage, ex-employee says
In a desire to get a working submersible to the Titanic wreck site as fast as possible, the Titan was built at a risk to safety, with cost-cutting measures and poor engineering permitted by CEO ...Yesterday -
ABC News - Top stories
US retail sales ticked up last month in sign of ongoing consumer resilience
Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal Reserve considers how much to cut its key interest rateYesterday -
Financial Times - Business
Profit outlook dents THG as it considers separating Ingenuity arm
Ecommerce group says it is ‘progressing options’ to demerge divisionYesterday -
The Wall Street Journal - Business
U.S. Steelmakers Warn of Lower Profits as Manufacturers Slow Factories
Nucor and Steel Dynamics forecast a drop in third-quarter earnings, citing weaker demand and shaky prices.Yesterday -
CNBC - Business
Op-ed: Here’s why a sale of Bausch + Lomb could lead to a windfall for Bausch Health investors
Hedge fund managers sit on the boards of Bausch Health and Bausch + Lomb. They don’t think like your typical corporate board, writes Ken Squire of 13D Monitor.Yesterday -
Financial Times - Business
BP’s US wind sale will not clear its strategic fog
UK oil major has underperformed its rivals as oil prices have started to sink2 days ago -
MarketWatch - Business
Slowing housing market is hurting this plumbing and HVAC distributor’s sales
Ferguson Enterprises’ stock was headed for a fall Tuesday, after the plumbing, HVAC and appliance products distributor missed quarterly revenue expectations, citing “muted” residential end markets ...2 days ago -
The Wall Street Journal - Business
Philip Morris to Take $220 Million Loss on Sale of Inhaled-Medicine Unit
Philip Morris said it expects to record a loss on the sale of its inhaled-therapeutics unit to Molex Asia Holdings as it retools its pharmaceutical business.2 days ago -
Financial Times - World
The questions over Commerzbank’s stake sale
Deal is a textbook example of how not to create price tension in a capital markets offering2 days ago -
MarketWatch - Business
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.2 days ago - Federal Reserve -
Financial Times - Business
Traders step up bets on BoE interest rate cut
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grown2 days ago -
MarketWatch - Business
Nucor’s stock falls after steelmaker issues profit warning, citing lower selling prices
Nucor’s stock slumped Tuesday after the steelmaker maker warned investors of a third-quarter profit shortfall, as lower selling prices weighed on its steel-mill business.2 days ago -
The New York Times - Business
How the Fed Cutting Interest Rates Affects Stocks, Banks and More
For corporate America, this week’s expected interest rate cut carries risks along with rewards.2 days ago - Federal Reserve -
The Guardian - World
Guardian parent company in talks over potential sale of Observer
Guardian Media Group announces it is in negotiations with Tortoise Media over world’s oldest Sunday newspaper. The Guardian’s parent company has announced that it is in formal negotiations with ...2 days ago -
MarketWatch - Business
Pret a Manger’s U.S. expansion sees cafe chain’s sales hit $1.5 billion
The coffee seller said one quarter of its overall sales are now generated outside the U.K.2 days ago -
The Wall Street Journal - Business
Kingfisher Lifts Lower End of Guidance As Profits Rise
B&Q owner Kingfisher raised the lower end of its fiscal 2025 profit guidance above market expectations, after the B&Q owner posted higher earnings for the first half, despite weaker sales.2 days ago -
Financial Times - Business
Pret A Manger’s global sales surge above £1bn
UK sandwich chain expands in aggressive international sales drive2 days ago -
CNBC - Business
CNBC Daily Open: Rate cuts might not benefit tech the most
Technology stocks benefit the most from low interest rates, conventional market wisdom says. But that might not hold true this cycle.2 days ago -
CBS News - Top stories
Here's when Amazon's October Prime Day sale is happening
Mark your calendars: Prime Big Deal Days is back this October. Here's what the holiday kick-off sale will begin.2 days ago