U.S. stocks are rising on optimism about debt ceiling talks
U.S. stocks were rising amid optimism on the debt ceiling negotiations as retailers continue to report first quarter earnings. At…
China’s Tencent marks return to revenue growth in first quarter
(Reuters) – China’s Tencent Holdings (OTC:TCEHY) Ltd marked a return to revenue growth in the first quarter as it recovered…
T.J. Maxx parent raises profit view as cost pressures ease
(Reuters) – TJX (NYSE:TJX) Cos Inc lifted its annual profit forecast on Wednesday, banking on easing cost pressures to cushion…
Subsidy cuts could derail Thyssenkrupp’s green steel project -labour bosses
(Reuters) – Thyssenkrupp’s (DE:TKAG) labour bosses cranked up the pressure on Berlin to help fund a 2 billion euro ($2.2…
Pfizer to raise $31 billion for Seagen takeover in largest debt offering
(Reuters) – Pfizer Inc is planning to raise $31 billion through its largest debt offering to finance its proposed acquisition…
William Blair expects lululemon athletica to beat Q1 expectations
William Blair analysts said the firm expects lululemon athletica (NASDAQ:LULU) to modestly beat first quarter guidance and consensus expectations when…
Airbnb has further margin upside, claims Bernstein
Bernstein analysts provided positive commentary on Airbnb (NASDAQ:ABNB) in a note Wednesday, despite the stock’s recent poor performance. They told…
Tesla to finally enter India, will build a local EV factory for domestic sales and export
Tesla (NASDAQ:TSLA) is looking to further expand its global footprint with a new EV factory in India, as reported by…
Vivendi indicates ex-Leonardo chairman for Telecom Italia board-sources
(Reuters) – Telecom Italia (BIT:TLIT)’s top shareholder Vivendi (OTC:VIVHY) has proposed Luciano Carta, a former chairman at Italian defence group…
Walkme earnings missed by $0.19, revenue topped estimates
Walkme (NASDAQ: WKME) reported first quarter EPS of $-0.30, $0.19 worse than the analyst estimate of $-0.11. Revenue for the quarter came…