Tapestry Inc beat quarterly profit estimates on Tuesday, as demand for its high-margin Coach handbags and apparel in China and Europe helped it overcome stagnating sales in North America, sending its shares up 4.7% in premarket trading.
Directors of U.S. companies are increasingly showing zero tolerance for executives’ sexual relationships with employees, even consensual ones, an attitude shift evident in McDonald’s Corp’s dismissal of CEO Steve Easterbrook this week.
The simplest way to invest in stocks is to buy exchange traded funds. But you can do a lot better than that by buying… …read more […]
Kroger Co on Tuesday forecast 2020 profit and same-store sales ahead of Wall Street estimates, as the supermarket chain benefits from its investments in store modernization and delivery services.
Steve Easterbrook, the chief executive officer of McDonald’s Corp who was dismissed over the weekend, has resigned from Walmart Inc’s board, the retailer said on Tuesday.
Lufthansa , Germany’s biggest airline, has filed a motion with a Frankfurt court to prevent a flight attendants’ strike scheduled for this week, a company spokeswoman said on Tuesday.
New York Court Orders Release of Trump Tax Returns A New York court ordered the release of 8 years of President Donald Trump’s tax returns. Don’t get too excited though, because Trump plans to appeal the decision to the US Supreme Court, where he appointed two of the Justices and where Republicans have a 5-4 […]The post Market Morning: Trump Tax Returns, Aramco IPO Confusion, Fall From Space, Uber Loss appeared first on Market Exclusive. …read more […]
Italian broadcaster Mediaset is ready to modify the governance of its pan-Europe TV reorganisation in order to reach a compromise with hostile shareholder Vivendi VIV.PA>, a source said on Tuesday.
Months after historic floods ravaged the U.S. Midwest, farmers scrambling to harvest their crops face a new headache: finding fuel to dry their soaked grains.
Callaway Golf Company (NYSE:ELY), which is in the leisure business, and is based in United States, saw a decent share… …read more […]
OPEC Secretary-General Mohammad Barkindo said on Tuesday that the oil market outlook for 2020 may have upside potential, appearing to downplay any need for deeper cuts to production.
For more risk-tolerant investors, biotechs are screaming buys. This space is consistently on the Street’s radar as a single catalyst such as a positive FDA advisory committee (AdCom) outcome or promising trial results can send shares through the roof. For example, Agile Therapeutics (AGRX) saw share prices skyrocket 223% in just one day after an FDA AdCom vote resulted in an approval recommendation for its Twirla contraceptive patch. However, the reverse also holds true meaning that biotech stocks carry their fair share of risk. So how are investors supposed to pick the biotech names most poised to outperform …read more […]
When Apple Inc’s video streaming service made its debut on Friday, it came with $2 billion worth of original programming – a feature widely considered to be the most powerful magnet for new subscribers.
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously… …read more […]
Legendary fund manager Li Lu (who Charlie Munger backed) once said, ‘The biggest investment risk is not the volatility… …read more […]
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