Evergrande seeks US court nod for $32 billion debt overhaul as China economic fears mount
(Reuters) – Embattled developer China Evergrande Group has filed for bankruptcy protection in a U.S. court as part of one…
5 big earnings hits: Analysts wary after Cisco’s beat; retailers a mixed bag
Cisco tops expectations; analysts mixed Cisco (NASDAQ:CSCO) shares climbed 3.3% Thursday after the tech behemoth sailed past Wall Street expectations…
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…
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…