Hugo Boss reaffirms 2023 outlook amid luxury downturn, shares rise
(Reuters) – Hugo Boss on Thursday reaffirmed its full-year outlook after posting quarterly results in line with analysts’ expectations, supported…
Airbnb slips after guiding below expectations for fourth quarter; Reactions mixed
Airbnb Inc (ABNB) shares were falling after the home-sharing company reported slightly better than expected revenue but guided below consensus…
AT&T shares rise for third consecutive day, outpacing Disney but trailing Netflix and Comcast
In a booming market on Wednesday, with the S&P 500 Index reaching 4,237.86 and the Dow Jones Industrial Average hitting…
Russia’s dominant lender Sberbank posts record Q3 profits
(Reuters) – Russia’s dominant lender Sberbank reported a record quarterly profit of 411.4 billion roubles ($4.41 billion) on Thursday and…
Novo Nordisk sees double-digit Wegovy sales growth next year despite supply curbs
(Reuters) – Novo Nordisk (NYSE:NVO) said on Thursday it expects another year of double-digit sales growth for its two most…
Paypal and TTM Technologies surpass Wall Street Q3 expectations
Santa Ana-based TTM Technologies (NASDAQ:TTMI) Inc., a printed circuit board producer, and San Jose’s digital payments company, Paypal Holdings (NASDAQ:PYPL)…
Stock market sees mixed movements, indices record losses in September and Q3 2023
The stock market witnessed a mixed performance on Friday, with the Dow Industrial Average dropping by 157.50 points and the…
Tesla’s Oct China-made EV sales fall 2.6% from Sept
(Reuters) – U.S. automaker Tesla (NASDAQ:TSLA) delivered 72,115 China-made electric vehicles in October, down 2.6% from a month earlier, the…
Zalando cuts 2023 sales forecast as demand stays weak
(Reuters) – Europe’s biggest online fashion retailer, Zalando, sees continued pressure on demand for the rest of the year and…
Hedge fund investors pull $80 billion from industry in 2023 – Aurum
(Reuters) – The hedge fund industry saw a net $80 billion of outflows for the year to Oct. 18, even…