Costamare Inc: “I don’t like [the] container ship business. And the rates are falling. I’m not going to say, buy that.”
Lamar Advertising Co: “They are in a business that is in a serious recession right now. So, I am going to have to say no to that.”
Torm PLC: “People love the tankers because they look so compelling. That one’s moved. The train has left.”
Splunk Inc: “We are betting with, not against, Splunk.”
Swiss sneaker company On saw more strong growth during its first quarter, beating Wall Street’s expectations on the top and bottom lines even as direct-to-consumer revenue fell short of forecasts. During the quarter ended March 31, On’s direct-to-consumer sales, revenue from its own website and stores, grew 16.4% to 322.3 million francs ($414.2 million), falling […]
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The General Motors global headquarters in Detroit, Jan. 12, 2026. Jeff Kowalsky | Bloomberg | Getty Images DETROIT – General Motors is laying off hundreds of salaried employees in its information technology operations as the automaker reevaluates its workforce needs and cuts costs, CNBC has learned. The global reductions began Monday and will impact about […]
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Central Park Tower, center, along Billionaire’s Row in New York, US, on Friday, May 1, 2026. Michael Nagle | Bloomberg | Getty Images High-end real estate sales in Manhattan increased in the past month, according to new data, despite New York Mayor Zohran Mamdani’s proposed pied-à-terre tax that brokers warn could cause a wealth flight. […]
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