(Reuters) – Macy’s Inc said stellar performance at its businesses helped push quarterly same-store sales and profit well above Wall Street estimates, signaling that the company was keeping up in a fiercely competitive retail landscape.
Investors in Transocean (RIG) need to pay close attention to the stock based on moves in the options market lately. …read more […]
MOSCOW (Reuters) – Russia’s Alrosa , the world’s largest diamond producer by output, plans to boost revenue from selling rare, colored stones where demand is stable, although it is a niche business.
(Reuters) – Macy’s Inc reported a much better-than-expected increase in quarterly same-store sales, beating estimates for the second straight quarter, offering hopes for a company struggling to boost sales in the face of intense online competition.
WASHINGTON (Reuters) – The United States is pushing for a deal in negotiations on a revised North American Free Trade Agreement (NAFTA) and President Donald Trump is committed to getting a better agreement with Canada and Mexico, the White House said on Wednesday.
GENEVA (AP) — Novartis said Wednesday its top lawyer is retiring over the Swiss pharmaceutical company’s relationship with a firm owned by U.S. President Donald Trump’s personal lawyer, Michael Cohen. …read more […]
President Donald Trump backed two successful U.S. Senate nominees in Pennsylvania and Nebraska, which were among four states holding primaries Tuesday. The primaries began to settle swing state Pennsylvania’s chaotic congressional landscape after a court fight ended with redrawn districts just three months ago. Amid the redistricting, Republican Rick Saccone recorded his second loss in two months in two U.S. House districts. …read more […]
(Reuters) – U.S. stock index futures were little changed on Wednesday as investors assessed the impact of a surge in bond yields, while growing doubts about the U.S.-North Korea summit also weighed.
LONDON (Reuters) – A decade ago, the news that the world’s top oil and gas companies had less than 12 years of production left in their reserves might have caused a panicked sell-off in their shares.
The Celtics punched the Cavaliers first and never looked back in rolling to a Game 1 rout. LeBron James took a literal shot to the jaw in Game 2 but kept right on scoring. Jaylen Brown scored 23 points and Boston withstood a 42-point night by James to beat Cleveland 107-94 on Tuesday and take a 2-0 lead in the Eastern Conference finals. …read more […]
LONDON/DUBAI (Reuters) – OPEC sees oil’s rally towards $80 a barrel as a short-term spike driven by geopolitics rather than any supply shortage, four OPEC delegates said, a sign the group is not rushing yet to rethink its supply-cutting agreement.
LOS ANGELES (Reuters) – As Hollywood studios unleash their summer blockbusters into theaters, Netflix Inc is trying to give film buffs a reason to stay home.
LONDON (Reuters) – Italian stocks slid on Wednesday after reports that the two parties seeking to form Italy’s next government might seek debt forgiveness, while the dollar ignored a pull-back in U.S. bond yields and rallied to a new 2018 high.
ZURICH (Reuters) – Novartis’ top lawyer Felix Ehrat is leaving the Swiss drugmaker, saying a $1.2 million contract he co-signed with U.S. President Donald Trump’s personal attorney was a mistake.
FRANKFURT (Reuters) – Deutsche Boerse’s chief executive is on the lookout for acquisitions as one of the pillars of the German stock exchange operator’s growth strategy.
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