Month: February 2024
Superdry shares soar extra than 100% as firm considers heading private
Tristan Fewings/Getty Photos LONDON — Superdry shares soared much more than 100% on Friday, as the embattled British vogue retailer verified that co-founder and CEO Julian Dunkerton is thinking of having it private. The stock peaked at 48.55 pence for every share shortly right before 11 a.m. London time and was final investing at all […]
Read More
Activist pushes Mattel to fix American Girl, Fisher-Price brands or sell them off
The Mattel Inc. logo is displayed outside the headquarters of the toy company known for products including Barbie and Hot Wheels in El Segundo, California, on June 8, 2023. Patrick T. Fallon | AFP | Getty Images Activist investor Barington Capital is pushing Mattel to consider selling off its American Girl and Fisher-Price brands, citing […]
Read More
Exxon beats earnings anticipations even as decreased oil selling prices weigh on revenue
An Exxon Mobil fuel station in Washington, DC, US, on Tuesday, Nov. 28, 203. Bloomberg | Bloomberg | Getty Photos Exxon Mobil reported quarterly earnings that defeat Wall Street’s expectations, but the firm’s gain declined significantly from exact same period the yr prior as oil selling prices weakened. Exxon declared a dividend for the initially […]
Read More
Wall Street is watching for a $10 billion domestic box office in 2026. Disney could get it there
LOS ANGELES — A push toward streaming, a pandemic and two Hollywood labor strikes have upended the theatrical industry, dragging on annual box-office hauls. While 2024 and 2025 boast franchise-rich movie slates, Wall Street doesn’t expect ticket sales to top $10 billion domestically until 2026. The domestic box office has not hit that benchmark since […]
Read More
‘Massive for the sport’: Lewis Hamilton’s blockbuster shift to Ferrari hailed as a important coup for F1
Lewis Hamilton of Excellent Britain and Mercedes appears on at the Mercedes GP Team Picture during previews ahead of the F1 Grand Prix of Abu Dhabi at Yas Marina Circuit on November 23, 2023 in Abu Dhabi, United Arab Emirates. Clive Rose | Getty Visuals Activity | Getty Images Former System A person drivers believe […]
Read More
Meta shares surge 17% in premarket trade as traders cheer very first-at any time dividend
Sopa Pictures | Lightrocket | Getty Visuals Shares of Fb father or mother business Meta surged Friday, just after the agency documented a threefold bounce in fourth-quarter income and issued its very first-at any time dividend. As of about 6 a.m. ET, the stock price tag of Meta was up around 17% in U.S. premarket […]
Read More
Bristol Myers Squibb results top estimates as new drugs post strong sales growth
Bristol Myers Squibb reported quarterly earnings and revenue that topped expectations on Friday as its portfolio of new drugs posted strong sales growth. Here’s what the company reported for the fourth quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv: Earnings per share: $1.70 […]
Read More
A year after bankruptcy concerns, Carvana is leaner and ready for its Wall Street redemption
A Carvana sign and signature vending machine in Tempe, Ariz. Michael Wayland/CNBC PHOENIX – As layoffs and cost cuts roil Wall Street, from retail and shipping to tech and media, embattled online used car sales giant Carvana says its own restructuring is in the rear view. Carvana over the last 18 months aggressively restructured its […]
Read More
ASEAN launches information for governing AI, but industry experts say there are troubles
Near up of woman’s hand touching illuminated and multi-colored LED exhibit screen, connecting to the future. People today, life-style and technological innovation D3sign | Moment | Getty Images The Affiliation of Southeast Asian Nations on Friday published a framework for synthetic intelligence governance, but professionals say member states remaining at “various phases of digital development” […]
Read More
Ukraine war dwell updates: Zelenskyy suggests EU assist sends ɺpparent sign' to equally Moscow and the U.S. French volunteers killed in Russian strike
Ukrainian President Volodymyr Zelenskyy (suitable) attends a joint push convention with European Commission President Ursula von der Leyen in Kyiv, Ukraine November 4, 2023. Thomas Peter | Reuters Ukrainian President Volodymyr Zelenskyy mentioned Thursday that the European Union’s approval of a 50 billion euro ($54 billion) assist deal for the region sent a “apparent signal” […]
Read More