Recent Posts

Dassault threatens to pull plug on combat jet amid Airbus spat

  Bloomberg Dassault Aviation SA threatened to pull out of developing a future European fighter jet with Airbus SE over a protracted dispute between the two defense suppliers over leadership of the project. Talks between the French company and the German and Spanish arms of Airbus have reached an impasse and an agreement on moving to the next phase “still ...

Read More »

Gap sees profitability improving after holiday sales miss

Bloomberg Gap Inc gave an optimistic projection for the current year, saying its strategic moves are starting to pay off, even though the apparel maker’s fourth-quarter results missed estimates on several key measures. The shares rose in late trading. For the current fiscal year, which ends in January, the retailer is projecting earnings per share in the range of $1.95 ...

Read More »

Kroger shares jump most in almost 30 years

Bloomberg Kroger Co shares jumped the most in almost 30 years after the company unveiled a profit forecast that signaled new gains on top of a two-year surge in demand for groceries sparked by the coronavirus pandemic. Adjusted earnings in the current fiscal year will range between $3.75 and $3.85 a share, Kroger said. That handily exceeded the $3.44 average ...

Read More »
Send this to a friend