Check out the companies making headlines in midday trading: Tapestry , Capri — Shares of Tapestry rallied more than 14%, while Capri's stock tumbled 47%. The sharp moves come after a judge ruled in favor of the Federal Trade Commission's case to block Tapestry's acquisition of Capri . L3Harris...
Many factors make it hard to buy a home today, but the one that makes "the biggest difference" in today's market is the housing shortage, Property Brother Drew Scott said at CNBC's Your Money event on Thursday."I don't think people realize this shortage of housing that we have affects...
Christian Lindner, Germany's finance minister, during a meeting Janet Yellen, US treasury secretary, not pictured, at the annual meetings of the IMF and World Bank in Washington, DC, US, on Thursday, Oct. 24, 2024.Ting Shen | Bloomberg | Getty ImagesGerman Finance Minister Christian Lindner on Friday warned that if...
Check out the companies making headlines in premarket trading. Deckers Outdoor — The maker of Ugg and Hoka jumped 14% following its big earnings beat. Deckers posted earnings of $1.59 per share, topping the $1.24 a share expected from analysts polled by LSEG. Revenue was $1.31 billion, well above...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
Bitcoin rose to an 18-month high as expectations of an approval for exchange traded funds to invest in the largest crypto token intensified. Bitcoin gained as much as 3.6% to $36,856 on Thursday in Asian hours, the highest level since May 2022. Smaller tokens Ether rose as much as 2.2%...
The bad year that a lot of ESG investors are having may be about to get even worse. James Penny, chief investment officer of TAM Asset Management and a veteran of ESG investing, said the dramatic sell-off that’s torn through green stocks may soon morph into a “slow burn” that...
Nearly three quarters of consumers are delaying holiday purchases for discount shopping events such as Black Friday or Singles Day, and more than half plan to reduce spending to save money, according to a study from Ernst & Young. The report underscores how consumer spending patterns ar Learn more about reprints...
Emirates airlines Boeing 777-31H(ER) takes off from Los Angeles international Airport on January 13, 2021.Aaronp / Bauer-Griffin | GC Images | Getty ImagesDUBAI, United Arab Emirates — Emirates Group posted its highest-ever half-year earnings, reporting net profit of 10.1 billion dirhams ($2.75 billion) for 2023-24 on rebounding demand.The figure...
SoftBank Founder Masayoshi Son is pictured here in 2019 during an earnings presentation.Tomohiro Ohsumi | Getty ImagesSoftBank posted an investment gain on its Vision Fund in the fiscal second quarter but booked another quarterly loss.Here's how SoftBank did in the September quarter against LSEG estimates:Net sales: 1.67 trillion Japanese...
Contractors’ lives have been greatly enhanced thanks to fintech. They can now do everything much more efficiently, from invoicing and receiving payments to staying compliant with IR35. The technology is also enabling companies to more easily find the best talent and scale up Fintech is transforming many functions, but the...
The worldwide leader in sports still has some juice.ESPN operating income surged 16% from a year ago to $987 million in Disney's fiscal fourth quarter — the first time Disney has ever broken out the sports division's finances. Revenue in the segment grew 1% year-over-year to $3.8 billion.Disney also...
