Latest in Macy’s Earnings Report
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Macy's employee who hid $151 million in delivery expenses was trying to mask initial mistake, sources say
The department store operator slightly raised its full-year forecast, while still projecting a sales decline.CNBC - 10h -
Macy’s Earnings Report Details Multimillion-Dollar Accounting Error
Analysts see much bigger challenges for the retailer than lax accounting.The New York Times - 14h -
Macy's Probe Found Employee Acted Alone in $151 Million Accounting Scandal
The retailer found that a single employee’s mistake and coverup created millions of dollars in false bookkeeping entries.The Wall Street Journal - 16h -
Exxon Mobil Targets 10% Annual Earnings Growth Through 2030
The biggest U.S. oil company laid out a six-year strategic plan in which it it plans to grow earnings at a compound annual growth rate of 10% and boost spending on capital projects through 2030.The Wall Street Journal - 17h -
US inflation rose to 2.7% in November
Figure matches Wall Street’s forecasts and clears way for Federal Reserve rate cut next weekFinancial Times - 14h -
Business leaders warn Reeves about the impact of her Budget tax rises
Banking, energy and transport executives voice concerns in meeting with UK chancellorFinancial Times - 16h -
Macy's confirms rogue employee hid $151 million in expenses over three years
A rogue employee was responsible for hiding $151 million in delivery expenses over the course of nearly three years, Macy's said Wednesday.NBC News - 17h -
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 - 18h -
Bank shares jump after UK court agrees to hear car loans appeal
Supreme Court grants lenders permission to challenge earlier rulingFinancial Times - 20h -
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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 - 1d -
Oracle shares slide on earnings and revenue miss, disappointing forecast
Oracle shares fell Tuesday morning after the database software company issued disappointing quarterly results.CNBC - 1d -
Another activist takes aim at Macy's, seeking spending cuts and real estate restructuring
Macy's faces its fourth activist push in the last decade as it tries to turn around struggling stores.CNBC - 1d -
Allianz Targets Faster Earnings Growth, Boosts Returns
Europe’s largest insurer expects earnings growth to accelerate in the next three years driven by its property and casualty division and promised to return three quarters of its net profit to ...The Wall Street Journal - 1d -
Macy’s Pushed to Find Options for Bloomingdale’s and Bluemercury by Activist Investor
Barington Capital wants the storied retailer to spin off the two chains and get more value out of its real estate.Inc. - 2d -
Selena Gomez earns Golden Globe nominations for two different roles
Selena Gomez is up for two acting awards at the 2025 Golden Globes for her roles in the film "Emilia Pérez" and the series "Only Murders in the Building."CBS News - 2d -
Taylor Swift’s Eras becomes highest-earning concert run in history
Tour generates $2.1bn in revenues from 10mn tickets sold across 149 showsFinancial Times - 2d -
Macy’s shareholders clamor for retailer to squeeze value from its real estate, among other changes
Two investors launched a campaign Monday seeking changes at Macy’s that would boost profitability and returns.MarketWatch - 2d -
Scottie Scheffler's remarkable 2024 season: Event results and money earned
An event-by-event look at how Scottie Scheffler fared in 2024.Yahoo Sports - 3d -
Spot-on Palmer earns comeback win for Chelsea in seven-goal thriller at Spurs
It was Ange Postecoglou’s Tottenham in microcosm. A couple of steps forward; more in the opposite direction. Where it left the manager was the biggest question as Chelsea roared back from 2-0 down ...The Guardian - 3d -
Solid Earnings May Not Tell The Whole Story For Nu-World Holdings (JSE:NWL)
Nu-World Holdings Limited's ( JSE:NWL ) healthy profit numbers didn't contain any surprises for investors. However the...Yahoo Sports - 5d -
Cramer's week ahead: Inflation data and earnings from Oracle, Broadcom and GameStop
CNBC's Jim Cramer on Friday walked investors through next week's Wall Street action.CNBC - 5d -
How To Earn Path Of Exile 2 Twitch Drops For Early Access
Path of Exile 2 is now in early access and doing big numbers on Steam and Twitch --the latter partially because there are some free rewards to claim for the dark-fantasy ARPG just by watching. ...GameSpot - 5d -
Balfour Beatty Forecasts Earnings Beat
Balfour Beatty said it was on track to deliver earnings growth ahead of market forecasts this year, and that it planned further share buybacks in 2025.The Wall Street Journal - 6d -
Lululemon’s Stock Has Rebounded. What to Expect From Earnings.
Investors are looking for evidence that the company’s product strategy and holiday momentum can drive a sustained recovery.Yahoo Sports - Dec. 5 -
Salesforce's earnings results spell success for AI products, Jim Cramer says
CNBC's Jim Cramer said Salesforce's recent quarter suggests the innovative potential for artificial intelligence technology is strong.CNBC - Dec. 4 -
Salesforce shares jump on earnings beat and strong AI deals pipeline
Salesforce shares popped Wednesday on earnings beat and AI pipelineCNBC - Dec. 4 -
Salesforce earnings spur a big stock rally. Is the AI hype justified?
Wall Street seems excited about early momentum for Salesforce’s Agentforce AI product, but some analysts are skeptical about the monetization potential.MarketWatch - Dec. 4 -
There’s No Denying That Carli Lloyd Earned Her Spot in Soccer’s Hall of Fame
The soccer star loved proving critics wrong, but almost no one doubted her place among the sport’s elite, a columnist for The Athletic writes.The New York Times - Dec. 4 -
Clive Myrie sorry for not declaring £145k earnings
The BBC presenter failed to declare some earnings from engagements outside of the corporation.BBC News - Dec. 4 -
Salesforce earnings may serve as latest shot in the arm for software stocks
Salesforce’s stock rises after a revenue beat that could signal healthy spending trends in the industry.MarketWatch - Dec. 4 -
As Okta’s stock soars on earnings, this stat shows its strategy is paying off
In the latest quarter, 15% of Okta’s bookings came from new products, as the company looks to dominate identity management.MarketWatch - Dec. 4 -
Salesforce shares rise after earnings beat on revenue, fourth-quarter guidance
Salesforce reported its fiscal third-quarter earnings on Tuesday and posted strong fourth-quarter guidance.CNBC - Dec. 3 -
Okta shares pop 18% on earnings beat, strong guidance
Okta shares soared Tuesday after the company reported strong third-quarter results.CNBC - Dec. 3 -
Earn $800,000? You Might Get Financial Aid at an Elite N.Y.C. School.
The average tuition of $65,000 a year at private schools has separated New York’s truly rich, who can afford to pay full tuition, from its merely wealthy.The New York Times - Dec. 3 -
12/2: The Daily Report
Lindsey Reiser reports on President Biden's pardon of his son Hunter, the latest controversy surrounding President-Elect Trump's incoming administration, and what's next for Hezbollah amid the ...CBS News - Dec. 3