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…

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…