Recent Posts

Canada Goose shares plunge to all-time low

BLOOMBERG Canada Goose Holdings Inc shares plummeted to a record low again in a row as economic and consumer pressures prompted a pair of analyst downgrades. The parka retailer’s stock fell 4.4% to close at $12.16, recovering some of its losses after sinking as much as 9.8% intraday following downgrades from Wells Fargo & Company and TD Cowen. The analysts ...

Read More »

American beats for Q3, cuts forecast on fuel

BLOOMBERG American Airlines Group Inc topped Wall Street’s expectations for third-quarter profit even as its forecast for the rest of the year fell short, underscoring the choppy environment as carriers are battered by climbing jet fuel prices. Adjusted full-year earnings will be between $2.25 and $2.50 a share, compared with its earlier outlook for as much as $3.75, American said ...

Read More »

L’Oreal shares fall as China sales hit by drop in travel retail

BLOOMBERG L’Oreal SA shares fell after the cosmetics maker reported weaker-than-expected sales growth, hurt by a challenging travel retail market in China and Korea. Like-for-like sales rose 11.1% in the third quarter, the French company said, below analysts’ estimates. Sales in the North Asia region unexpectedly tumbled 4.8%. “North Asia continued to be impacted by the reset in travel retail ...

Read More »
Send this to a friend