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Best Buy posts better-than-expected 3Q profits but sales sluggish amid spending malaise
Best Buy posts better-than-expected 3Q profits but sales sluggish amid spending malaise
Best Buy Co. posted stronger-than-expected profits, but reported a deeper-than-expected drop in revenue for the fiscal third quarter as shoppers continue to pull back on buying gadgets in an uncertain economy
2023-11-21 21:23
American Eagle raises annual revenue forecast on strong holiday-season demand
American Eagle raises annual revenue forecast on strong holiday-season demand
American Eagle Outfitters on Tuesday raised its annual revenue forecast, in a sign that demand for its apparel
2023-11-21 21:09
S&P 500 to see small gain in 2024 as US economic risks rise: Reuters poll
S&P 500 to see small gain in 2024 as US economic risks rise: Reuters poll
By Caroline Valetkevitch NEW YORK The S&P 500 will end next year only about 3% higher than its
2023-11-21 21:06
Best Buy Cuts Outlook on ‘Uneven’ Demand Before Black Friday
Best Buy Cuts Outlook on ‘Uneven’ Demand Before Black Friday
Best Buy Co.’s same-store sales fell by more than expected in the third quarter after what the retailer
2023-11-21 21:04
Broadcom plans to close $69 billion VMWare deal on Wednesday
Broadcom plans to close $69 billion VMWare deal on Wednesday
Broadcom said it plans to close its $69 billion deal for cloud computing firm VMWare on Wednesday. Broadcom
2023-11-21 20:57
Explainer-Why calls for oil embargo on Israel are unlikely to go anywhere
Explainer-Why calls for oil embargo on Israel are unlikely to go anywhere
By Ahmad Ghaddar LONDON Israel's military offensive in Gaza that followed an Oct. 7 attack by the enclave's
2023-11-21 20:47
Germany freezes new spending commitments as budget woes deepen
Germany freezes new spending commitments as budget woes deepen
By Holger Hansen and Riham Alkousaa BERLIN (Reuters) -The German government has imposed a freeze on most new spending commitments
2023-11-21 20:45
Abercrombie & Fitch lifts annual net sales forecast on strong demand
Abercrombie & Fitch lifts annual net sales forecast on strong demand
Abercrombie & Fitch Co on Tuesday raised its annual net sales forecast, signaling strong demand for its lifestyle
2023-11-21 20:43
Futures drift lower as Nvidia results, Fed minutes loom
Futures drift lower as Nvidia results, Fed minutes loom
By Amruta Khandekar and Shristi Achar A U.S. stock index futures inched lower on Tuesday as investors stayed
2023-11-21 20:34
Best Buy sees steeper decline in annual comparable sales
Best Buy sees steeper decline in annual comparable sales
(Reuters) -Best Buy said on Tuesday it expects a steeper drop in full-year comparable sales, anticipating shoppers to remain selective
2023-11-21 20:16
Explainer-OPEC+ oil policies: what cuts are already in place and what could change
Explainer-OPEC+ oil policies: what cuts are already in place and what could change
By Alex Lawler LONDON Saudi Arabia, Russia and other members of OPEC are scheduled to meet in Vienna
2023-11-21 20:15
Kohl's misses quarterly sales estimates as customers cut back spending
Kohl's misses quarterly sales estimates as customers cut back spending
(Reuters) -Kohl's on Tuesday posted a bigger than expected drop in quarterly sales, as customers spent less dollars at its
2023-11-21 20:09
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