(Reuters) -French luxury group Kering (EPA:PRTP) is in advanced discussions to buy fashion brand Tom Ford, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The…
By Federico Maccioni MILAN (Reuters) -Italian tyremaker Pirelli on Thursday lifted its 2022 sales guidance while forecasting volatile market conditions next year. The manufacturer of tyres for Formula One and…
By Sam Boughedda Etsy (NASDAQ:ETSY) stock surged Thursday as investors reacted to the company’s latest earnings release, which saw it top profit and revenue expectations. Etsy shares rose more than…
SAO PAULO (Reuters) – Brazil’s state-run oil company Petrobras will distribute dividends of around 43.68 billion reais ($8.5 billion), the firm said on Thursday, amid controversy over its massive payouts.…
By Kannaki Deka (Reuters) -Peloton Interactive Inc on Thursday forecast holiday-quarter revenue below estimates and the fitness equipment maker warned that a challenging macro-economic environment could affect its goal of…
By Davit Kirakosyan UBS upgraded TAL Education Group (NYSE:TAL) to Buy from Neutral and raised its price target to $6.50 from $4.94 following the company’s reported Q2 beat last week.…
By Siddharth Cavale NEW YORK (Reuters) -Kroger Co’s acquisition of Albertsons Companies Inc could exacerbate income inequality through job losses and eroding wages at a time of high inflation, a…
By Liz Moyer Investing.com — Stocks turned red on Thursday after the Federal Reserve raised interest rates again and made it clear there was more work to be done to…
Investing.com – Expedia (NASDAQ:EXPE) reported on Thursday third quarter earnings that beat analysts’ forecasts and revenue that topped expectations. Expedia announced earnings per share of $4.05 on revenue of $3.62B.…
By Manas Mishra and Michael Erman (Reuters) -Moderna Inc on Thursday cut its 2022 COVID-19 vaccine sales forecast, citing regulatory and production delays, and issued a 2023 outlook for the…
