T.J. Maxx parent raises profit view as cost pressures ease
(Reuters) – TJX (NYSE:TJX) Cos Inc lifted its annual profit forecast on Wednesday, banking on easing cost pressures to cushion…
Subsidy cuts could derail Thyssenkrupp’s green steel project -labour bosses
(Reuters) – Thyssenkrupp’s (DE:TKAG) labour bosses cranked up the pressure on Berlin to help fund a 2 billion euro ($2.2…
Pfizer to raise $31 billion for Seagen takeover in largest debt offering
(Reuters) – Pfizer Inc is planning to raise $31 billion through its largest debt offering to finance its proposed acquisition…
William Blair expects lululemon athletica to beat Q1 expectations
William Blair analysts said the firm expects lululemon athletica (NASDAQ:LULU) to modestly beat first quarter guidance and consensus expectations when…
Airbnb has further margin upside, claims Bernstein
Bernstein analysts provided positive commentary on Airbnb (NASDAQ:ABNB) in a note Wednesday, despite the stock’s recent poor performance. They told…
Tesla to finally enter India, will build a local EV factory for domestic sales and export
Tesla (NASDAQ:TSLA) is looking to further expand its global footprint with a new EV factory in India, as reported by…
Vivendi indicates ex-Leonardo chairman for Telecom Italia board-sources
(Reuters) – Telecom Italia (BIT:TLIT)’s top shareholder Vivendi (OTC:VIVHY) has proposed Luciano Carta, a former chairman at Italian defence group…
Walkme earnings missed by $0.19, revenue topped estimates
Walkme (NASDAQ: WKME) reported first quarter EPS of $-0.30, $0.19 worse than the analyst estimate of $-0.11. Revenue for the quarter came…
Mike Ashley’s Frasers raises stake in online retailer ASOS
(Reuters) – Britain’s Frasers Group raised its stake in online fashion retailer ASOS (LON:ASOS), a filing showed on Wednesday, as…
India stocks lower at close of trade; Nifty 50 down 0.57%
India stocks were lower after the close on Wednesday, as losses in the Real Estate, Metals and Technology sectors led shares lower. At the close…