German stock-trading app Trade Republic raised $900 million in a huge funding round that values the start-up at $5.3 billion.
Schlagwort-Archiv: Markets
EU slaps Nomura, UBS and UniCredit with $453 million fine over ‚trading cartel‘
The European Commission, the EU’s executive arm, has found seven investment banks guilty of breaching its antitrust rules during the 2008 global financial crisis.
Kohl’s shares tumble despite the retailer’s strong sales beat and hiked outlook
CEO Michelle Gass said momentum built throughout the quarter, especially in Kohl’s stores.
Stocks making the biggest moves in the premarket: Virgin Galactic, Kohl’s, Cisco Systems & more
The stocks making the biggest moves in premarket trading include Virgin Galactic, Kohl’s, Cisco Systems
Petco swings to a profit and boosts forecast, citing customer growth, but shares fall
Petco reported first-quarter earnings that beat expectations for earnings and revenue, and the company raised its forecast for the rest of the year.
Cisco returns to growth but disappoints on earnings guidance
An extra week in the quarter helped boost Cisco’s results, which showed a rise compared with the beginning of the Covid pandemic in the U.S.
Victoria’s Secret parent L Brands posts larger-than-expected profit as retailer sells more full-price items
L Brands said it isn’t providing a forecast for the rest of the year because it is preparing to spin off its Victoria’s Secret business.
Target sales jump 23% as exclusive brands, curbside pickup draw in shoppers
The big-box retailer said it is benefiting from the reopening economy and busier social calendars, which are prompting consumers to shop.
Target sales jump 23% as exclusive brands, curbside pickup draw in shoppers
The big-box retailer said it is benefiting from the reopening economy and busier social calendars, which are prompting consumers to shop.
Lowe’s earnings beat on robust home improvement spending, but shares fall
Lowe’s said it saw strong demand for home improvement in the first quarter, buoyed by the growth of its business among contractors and other home professionals.