Tapestry sees weak fiscal 2024 after missing qtrly estimates on soft U.S. demand
(Reuters) – Tapestry, which agreed to buy Capri last week, forecast fiscal 2024 profit and sales below estimates and reported…
AppFolio an ‘attractive play on U.S. residential real estate’ – JPMorgan
JPMorgan initiated AppFolio (NASDAQ:APPF) with an Overweight rating and a $200 per share price target in a note Thursday. Analysts…
Hawaiian Electric shares continue slide amid scrutiny over Maui wildfires
(Reuters) – Hawaiian Electric Industries (NYSE:HE) shares continued their record slump, shedding nearly 31% in premarket trading on Thursday, as…
Exclusive-H&M says it will “phase out” sourcing from Myanmar
(Reuters) – The world’s second-biggest fashion retailer H&M has decided to gradually stop sourcing from Myanmar, it told Reuters on…
Norges Bank sends Norwegian crown higher as dollar seeks direction
(Reuters) – The Norwegian crown rose from six-week lows against the dollar and the euro on Thursday after Norges Bank…
U.S. to impose tariffs on tin mill steel from Canada, China, Germany -Commerce Dept
(Reuters) – The U.S. Commerce Department on Thursday said it will set preliminary anti-dumping duties on tin-plated steel from Canada,…
U.S. 10-year Treasury yield hits highest since October, drags on shares
(Reuters) – The U.S. 10-year Treasury yield on Thursday reached its highest in 10 months, underpinned by fears that U.S.…
Tesla to begin mass output of revamped Model 3 in China
Tesla (NASDAQ:TSLA) is poised to begin mass production of the electric vehicle giant’s updated Model 3 in China as early…
Citi continues to recommend Apple as ‘iPhone 15 launch catalyst is on’
Citi analysts maintained a Buy rating and $240 per share price target on Apple (NASDAQ:AAPL) in a note Thursday. The…
S&P, Nasdaq set to open higher after Cisco results; traders assess Fed minutes
(Reuters) -The S&P 500 and Nasdaq were set to open higher on Thursday after upbeat results from Cisco, while investors…