Category: Business
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Tractor Supply Updates Long-Term Financial Targets, Announces Stock Split
The rural-lifestyle retailer said it is aiming to increase net sales by between 6% and 8%, same-store sales by between 3% and 5% and per-share earnings by between 8% and 11%.
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Volkswagen Faces More Warning Strikes Monday
The latest announcement from the IG Metall union comes days after tens of thousands of workers at Volkswagen sites across Germany participated in walkouts.
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Toronto-Dominion Bank Suspends Growth Targets as It Reviews Business
Toronto-Dominion Bank said it suspended financial-growth targets as it reviews its business options, weeks after settling U.S. charges it failed to properly monitor money laundering.
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Rocket Mortgage Sues U.S., Challenges DOJ Discrimination Suit
Rocket Mortgage sued the federal government as part of a challenge to the Justice Department’s recent discrimination lawsuit tying Rocket to the conduct of an appraiser it used.
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Auto & Transport Roundup: Market Talk
Find insight on the impact of planned U.S. tariffs, Singapore Post and more in the latest Market Talks covering the Auto and Transport sector.
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Financial Services Roundup: Market Talk
Find insight on Perpetual, Bank of Montreal, CIBC and more in the Market Talks covering Financial Services.
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Taylor Swift’s Concert Book Proves a Chart-Topper
The entertainer’s self-published work sold more than 800,000 copies in its first two days.
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PVH Stock Falls After Holiday Outlook Falls Short
The company guided for sales to fall between 6% and 7% in the current quarter, wider than the 4.5% decline forecast by analysts.
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American Eagle Shares Plunge After Retailer Cuts Sales Outlook
Shares of the apparel retailer fell 12% after the company forecast a steeper-than-expected decline in sales for the holiday quarter.
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Five Below Names Forever 21’s Winnie Park as CEO
Discount retailer Five Below named Winnie Park as its permanent chief executive as the company increased guidance after strong Black Friday sales