Category: Business
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Yeti Shares Climb on Jump in Third-Quarter Cooler, Drinkware Sales
The maker of coolers and insulated drinkware expects to hit the high end of its earnings guidance for the year after posting a bigger profit and higher-than-estimated sales in the third quarter.
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Financial Services Roundup: Market Talk
Find insight on Swiss Re, National Australia Bank, KBC Group and more in the latest Market Talks covering financial services.
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Richemont Sales Fall as Luxury’s China Woes Linger
The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players in the industry rumbles on.
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IAG to Begin $378 Million Buyback
The British Airways owner will start buying back the shares from next week.
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Pinterest Stock Falls Despite Rise in Third-Quarter Profit, Revenue
The social-media platform’s revenue jumped 18% year over year, slightly above Wall Street’s forecast.
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Basic Materials Roundup: Market Talk
Find insight on ArcelorMittal, Endeavour Mining, Lanxess and more in the latest Market Talks covering basic materials.
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Energy & Utilities Roundup: Market Talk
Find insight on nuclear energy, TC Energy, Duke Energy and more in the latest Market Talks covering energy and utilities.
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Chinese Car Sales Rise Sharply on Subsidies, Robust Demand
The National Day holiday in early October, combined with a rally in Chinese equity markets, may have also supported consumer sentiment.
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Sony’s Profit Jumps on Strength in Game, Image-Sensor Businesses
The Japanese company raised its annual revenue forecast after delivering a second-quarter profit beat.
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Atos Launches $252 Million Capital Increase
The troubled IT firm said it would issue new shares in its latest move to reduce debt.