Factbox-Global economy to slow down but likely avoid recession in 2024
(Reuters) -Some of the major banks in the world expect global economic growth to ease further in 2024, squeezed by…
Autodesk stock drops 6% on soft guidance, analyst downgrade
Autodesk (NASDAQ:ADSK) shares fell nearly 6% in pre-market Wednesday following the reported Q3 results, with EPS of $2.07 coming in…
Earnings call: Nordstrom posts Q3 2023 earnings, focuses on Rack performance and supply chain
Nordstrom Inc . (NYSE:JWN) reported Q3 2023 earnings, highlighting improved performance of Nordstrom Rack, better inventory management, and optimized supply…
Earnings call: Hibbett’s Q3 earnings highlight strong Back-to-School season and new Nike partnership
Sporting goods retailer Hibbett (NASDAQ:HIBB) reported solid financial and operational performance in its Q3 earnings call, buoyed by a strong…
Fitch cuts Swedish SBB rating over tight liquidity, weak market
(Reuters) – Fitch on Wednesday downgraded Swedish property company SBB’s long-term issuer default rating to CCC+ from B-, and its…
Earnings call: American Eagle Outfitters reports record Q3 revenue, raises full-year operating income guidance
American Eagle Outfitters (NYSE:AEO) reported strong performance for the third quarter of 2023, achieving record revenue of $1.3 billion, a…
Rockingdeals Circular Economy IPO aims to raise ₹21 crore on NSE Emerge
Rockingdeals Circular Economy Limited (RDCEL), a company specializing in the circular economy and headquartered in Faridabad, India, has launched its…
Alibaba exec moves to quell staff concern over Jack Ma share sale with internal post
(Reuters) – A top Alibaba (NYSE:BABA) executive told staff on Wednesday that it was a “coincidence” that a plan by…
Sam Altman restored as OpenAI CEO after his tumultuous ouster
(Reuters) – ChatGPT-maker OpenAI has reached an agreement for Sam Altman to return as CEO days after his ouster, capping…
Bharti Airtel gears up for Bharti Hexacom IPO early next year
As Bharti Airtel prepares for the anticipated initial public offering (IPO) of its subsidiary Bharti Hexacom, the telecom giant holds…