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...
09 June 2024, Russia, Moskau: A guardhouse of the Kremlin (l) and the Foreign Ministry (M, background) stand in the center of the capital. Photo: Ulf Mauder/dpa (Photo by Ulf Mauder/picture alliance via Getty Images)Picture Alliance | Picture Alliance | Getty ImagesRussia's central bank on Friday raised its key...
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.
In a strategic move to streamline its operations, UBS Group is offloading $5 billion in managed assets from its high-net-worth client portfolio, as it continues to integrate and reevaluate the recent acquisition of Credit Suisse components. According to its latest earnings report released Tuesday Learn more about reprints and licensing for...
Chicago Federal Reserve President Austan Goolsbee said Tuesday a soft landing is still on the table as the central bank seeks to combat inflation without hurting the economy significantly."Because of some of the strangeness of this moment, there is the possibility of the golden path ... that we got inflation...
Wonder Group has bought rights to make dishes from popular restaurants and celebrity chefs, such as Bobby Flay and José Andrés. It's also developed high-tech kitchen equipment to speed up and simplify cooking.Wonder GroupFood-delivery company Wonder Group has gotten a cash infusion from Nestle, as the startup looks to...
Check out the companies making headlines in premarket trading Tuesday. Uber — Shares of the ride hailing company rose 2% after Uber's third-quarter gross bookings of $35.3 billion topped the company's guidance of $29 billion to $30 billion. UBS — Shares of the Switzerland-based bank climbed more than 3%...
CEO of Uber, Dara Khosrowshahi, speaks onstage during GE The Lean Mindset: The Pursuit Of Progress Event at Chelsea Industrial on September 06, 2023 in New York City.Ilya S. Savenok | Getty Images Entertainment | Getty ImagesUber reported third-quarter results Tuesday that missed analysts' expectations on the top and bottom lines...
UBS Group reported stronger-than-expected client inflows in its wealth management business, boosted by the first signs of stabilization at Credit Suisse as it carries out an expensive and complex integration of its former rival. The unit saw net new money of $22 billion in the third quarter, comp Learn more about...
