Elon Musk is accused of insider trading by investors in Dogecoin lawsuit
(Reuters) – Elon Musk is being accused of insider trading in a proposed class action by investors accusing the Tesla…
Take Five: Almost half-time
(Reuters) – The hefty weight of tech megacaps, strange reporting rules for an upcoming OPEC meeting and more pain for…
KKR India moves Kumar to Singapore to lead Southeast Asia PE -sources
(Reuters) – KKR & Co (NYSE:KKR) is moving a managing director from India to Singapore to lead the firm’s Southeast…
Futures inch higher as debt ceiling bill passes House
(Reuters) – U.S. stock index futures edged higher on Thursday after the House of Representatives passed a bill to suspend…
Macy’s cuts annual forecasts as customers curb spending, shares fall
(Reuters) – Macy’s Inc on Thursday cut full-year sales and profit forecasts, hurt by a slowdown in demand for high-end…
Dollar General tumbles 8% on earnings miss, outlook cut
Dollar General (NYSE:DG) shares fell 8% in premarket Thursday after the company’s Q1 results trailed analyst expectations. The company posted…
JPMorgan downgrades Target as U.S. consumer is ‘broadly weakening’
JPMorgan analysts downgraded Target (NYSE:TGT) shares to Neutral after previously placing the stock on Negative Catalyst Watch. Since then, the…
Analysts defend Salesforce as soft guidance prompts shares to fall
Salesforce (NYSE:CRM) reported better-than-expected first-quarter results and revenue guidance for the current quarter that topped expectations. Still, shares trade 5.5%…
Remy Cointreau keeps outlook as annual profit beat forecasts
(Reuters) -French spirits group Remy Cointreau reported a higher-than-expected rise in operating profit for its 2022/23 fiscal year and stuck…
Big Tobacco faces big EU counterfeit problem
(Reuters) – Spanish police raided three clandestine tobacco factories early this year, seizing nearly 40 million euros ($44 million) worth…