Shoppers Are Finally Getting a Break on Prices
Updated Nov. 16, 2023 11:24 am ETThe era of price hikes for consumer goods is waning. For over a year, shoppers...
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Target Stock Surges as Earnings Overshadow Sales Decline
Updated Nov. 15, 2023 10:32 am ETPeople are skipping their Target runs, but the company is finding ways to boost...
Boeing Cuts 737 Delivery Goal for Year
Updated Oct. 25, 2023 1:02 pm ETBoeing’s turnaround will have to wait. Hamstrung by a snafu involving misdrilled holes on its...
3M Says Business Is Improving, Boosts Earnings Guidance
Updated Oct. 24, 2023 1:05 pm ET3M boosted its earnings forecast after a stronger-than-expected quarter, saying efforts to improve performance...
Sales Slow at Louis Vuitton’s Owner as China Sputters
LVMH Moët Hennessy Louis Vuitton, the world’s biggest luxury-goods company, struggled to lure big-spending Chinese consumers back to its boutiques...
Modelo Continues to Win Over Bud Light Drinkers
Constellation Brands CEO says the Mexican beer brand has more room for growth. Source link
Dick’s Sporting Goods, Macy’s Flash Warning Signs on U.S. Consumer Spending
The retailers’ shares traded sharply lower after they posted weaker quarterly earnings and gave tepid forecasts for the rest of...
Target Sales Are Punished by Pride Month Backlash
The retailer lowered profit goals for the year, and executives said they would modify the annual Pride Month promotion. Source...
Paramount to Sell Simon & Schuster to KKR for $1.62 Billion
The sale of the book publisher to the buyout firm comes less than a year after previous deal with Penguin...
Tyson Foods Expands Chicken Plant Closures
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Apple Sees Third Straight Quarter of Falling Sales, but Services Unit Hits Record
Sales of iPhones missed analyst estimates, although executives pointed to continued strength in emerging markets. Source link
Bud Light Boycott Sparks Big U.S. Profit Drop for AB InBev
The brewing giant lost market share after the Dylan Mulvaney debacle, but it says consumers remain favorable toward Bud Light....
Uber’s Business Is Finally Making Money After Years of Losses
What to Read Next Source link
Exxon and Chevron Stalk More Shale Deals as Profits Dip
The oil giants together added $14 billion in profits to their cash piles and have signaled they’re not finished shopping...
McDonald’s Grimace Shake Trend Pays Off for Burger Chain
A meal celebrating the purple character helped drive sales after it went viral on TikTok. Source link
GE Brings Good Things (Its Shares) Back to Life
The manufacturer cited strong orders for jet engines and wind turbines, sending its shares up another 6%. Source link
GM Again Lifts Its Profit Outlook, Plans More Cost Cuts
The automaker says buyers are willing to pay for pricier models and features. Source link
Google, McDonald’s, Exxon Headline Busy Earnings Week
A third of the S&P 500 is expected to report, including tech leaders Microsoft and Meta Platforms. Source link
Tesla Profit Jumps 20% as Price Cuts Help Lift Deliveries
The EV maker sought to boost demand with less expensive offerings, but Chief Executive Elon Musk cautions more reductions may...
Netflix Password-Sharing Crackdown Delivers Jolt of New Subscriber Growth
The streaming giant says the Hollywood strikes will lead to less content spending and increased free cash flow this year....
