Recent Posts

Canada Goose shares plunge to all-time low

Nordstrom canada liquidates closing stores

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

Us halts flights nationwide after key faa system goes down

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

L'oreal sa chief executive officer nicolas hieronimus interview

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