Saturday , 7 February 2026

Recent Posts

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 …

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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 …

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Futures drop, European stocks slide as Ukraine war escalates

  Bloomberg US futures slid and European equities tumbled to a one-year low as war risks intensified after a Ukrainian nuclear power plant briefly caught fire. Contracts on US gauges signalled more losses for Wall Street as investors awaited the monthly jobs report. Europe’s Stoxx 600 benchmark fell nearly 3%, poised for its worst week since March 2020. An Asian …

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