Japan stocks lower at close of trade; Nikkei 225 down 0.43%
Japan stocks were lower after the close on Friday, as losses in the Chemical, Petroleum & Plastic, Banking and Textile…
European stocks weaken; U.K. retail sales slump
European stock markets traded lower Friday, ending the week on a somber note as investors digested falling U.K. retail sales…
Walmart lifts forecasts as bargain-minded shoppers seek out low-priced groceries
(Reuters) – Walmart Inc raised its full-year forecasts and beat second-quarter sales and profit estimates on Thursday, citing strong demand…
Citi expects Kohl’s EPS miss, but says negative sentiment will help earnings
Citi analysts maintained a Neutral rating and $20 per share price target on Kohl’s (NYSE:KSS) Thursday, stating they expect the…
Ford and partners pick Canada for $900 million battery materials plant
(Reuters) – A consortium of Ford Motor (NYSE:F) Co and South Korean companies on Thursday said they would build a…
After stellar debut, Vietnamese EV maker VinFast falls for second straight session
(Reuters) – Shares of Vietnamese electric automaker VinFast tumbled for a second straight session on Thursday, giving up some of…
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…