Adidas on Wednesday reported a substantial fourth-quarter loss and slashed its dividend, following the costly termination of its partnership with Kanye West’s Yeezy brand in October.
Schlagwort-Archiv: Markets
Singapore’s Sea Group turns profitable for the first time
Tech giant Sea posted a quarterly profit for the first time as the company pledged to move towards profitability last quarter.
BlackRock says European companies are showing ’surprise resilience‘ — and better value than the U.S.
European corporate earnings were surprisingly resilient in the fourth quarter of 2022, and the continent’s stock outperformance of the U.S. looks set to continue, according to BlackRock.
Stocks making the biggest premarket moves: Meta, Rivian, WW International, KeyCorp and more
These are the stocks posting the largest moves in the premarket.
Stocks making the biggest moves after hours: WW International, KeyCorp and more
These are the stocks posting the largest moves in extended trading.
Stocks making the biggest moves midday: Snap, Apple, Boeing and more
These are the stocks posting the largest moves in midday trading.
Dick’s Sporting Goods smashes same-store sales expectations for holiday quarter
Dick’s Sporting Goods same-store sales increased 5.3% in the fourth quarter, more than double analyst’s estimates of 2.1%.
Lego sales leap 17% as fans buy bigger, more complicated sets
Lego sales rose as customers bought bigger, more complicated sets such as those from the Harry Potter and Star Wars lines.
Stocks making the biggest premarket moves: Ferrari, Apple, KB Home and more
These are the stocks posting the largest moves in the premarket Monday.
China takes a cautious approach to its economy in 2023
China’s leaders struck a cautious tone about the outlook for the country’s economic rebound, after ending most Covid restrictions on business activity.