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Month: December 2024

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PVH lowers top-end of full-year EPS guidance range after Q3 results top estimates
Posted inStock

PVH lowers top-end of full-year EPS guidance range after Q3 results top estimates

Investing.com — PVH Corp posted third-quarter results Wednesday that topped Wall Street estimates, but the apparel retailer lowered the high end of its full-year earnings guidance range amid a hit…
Posted by December 4, 2024
Stocks gain, dollar steady; Wall Street shrugs off global political turmoil
Posted inStock

Stocks gain, dollar steady; Wall Street shrugs off global political turmoil

By Lawrence Delevingne (Reuters) -A U.S. tech stock rally and expectations of lower interest rates boosted global shares while the euro and dollar were steady on Wednesday despite political turmoil…
Posted by December 4, 2024
Mexico’s Elektra shares deepen losses, Moody’s flags ‘reputational risks’
Posted inEconomy

Mexico’s Elektra shares deepen losses, Moody’s flags ‘reputational risks’

MEXICO CITY (Reuters) -Shares in Mexican retailer Grupo Elektra (BMV:ELEKTRA) deepened their losses on Wednesday, in a third day of volatile trades after the local stock exchange lifted a suspension…
Posted by December 4, 2024
American Eagle Outfitters lowers sales target on muted holiday expectations
Posted inEconomy

American Eagle Outfitters lowers sales target on muted holiday expectations

(Reuters) -American Eagle Outfitters cut its target for annual comparable sales growth on Wednesday, in signs that apparel demand could be erratic during the holiday shopping season, sending its shares…
Posted by December 4, 2024
Trump taps former aide to work on Musk-led government efficiency plan
Posted inEconomy

Trump taps former aide to work on Musk-led government efficiency plan

By David Shepardson WASHINGTON (Reuters) – President-elect Donald Trump on Wednesday named a former White House aide to serve as counsel to an effort co-led by Elon Musk to slash…
Posted by December 4, 2024
Economic outlook rises, but concerns tariffs could reignite inflation emerge: Fed
Posted inEconomy

Economic outlook rises, but concerns tariffs could reignite inflation emerge: Fed

Investing.com – The outlook for economic growth picked up in recent weeks amid expectations for the labor market to remain steady over the next year, but concerns that potential tariffs…
Posted by December 4, 2024
US Fed’s Powell does not see Trump installing ‘shadow’ chair
Posted inEconomy

US Fed’s Powell does not see Trump installing ‘shadow’ chair

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said on Wednesday he is not worried the incoming administration will undermine him as U.S. central bank…
Posted by December 4, 2024
Air Canada to introduce carry-on fees for some passengers, Ottawa unhappy
Posted inStock

Air Canada to introduce carry-on fees for some passengers, Ottawa unhappy

(Reuters) – Air Canada (TSX:AC) said on Wednesday it would start charging for bigger carry-on bags from passengers opting for its lowest-priced basic fare for North American routes starting on…
Posted by December 4, 2024
New Zealand’s Fonterra reports drop in first-quarter profit
Posted inStock

New Zealand’s Fonterra reports drop in first-quarter profit

(Reuters) – Fonterra Co-operative reported a drop in its first-quarter profit after tax on Thursday, flagging impacts from lower sales volume and higher milk prices. New Zealand dairy firm reported…
Posted by December 4, 2024
Senator blast airlines at oversight hearing over rising fees
Posted inStock

Senator blast airlines at oversight hearing over rising fees

By David Shepardson WASHINGTON (Reuters) – Senators on Wednesday harshly criticized rising airline fees for luggage and seat assignments, saying carriers are looking for new ways to extract more money…
Posted by December 4, 2024

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