Shares of Dollar Tree, Inc. were losing nearly 13 percent in the pre-market activity on the Nasdaq after the discount retail chain on Wednesday issued third-quarter outlook and trimmed fiscal 2024 forecast, both below market estimates. The outlook reflects its second-quarter results with weak earnings, also below the Street view, despite slight growth in net...
U.K. stocks were slightly lower on Tuesday as investors fretted about China\'s economic recovery and priced in the impact of a likely second term for former President Donald Trump. The benchmark FTSE 100 was down 0.1 percent at 8,175 after falling 0.9 percent on Monday. Miners slipped as copper prices eased on concerns about weakening...
The South Korea stock market on Thursday ended the two-day slide in which it had slumped more than 30 points or 1.1 percent. The KOSPI now rests just beneath the 2,650-point plateau and it may add to its winnings on Friday. The global forecast for the Asian markets is upbeat on growing optimism over the...
Aerospace giant Boeing Co., which has been hit by an ongoing strike by machinists, has come out with its improved best and final offer with a larger pay hike and bonuses, urging the employees to ratify by September 27. Meanwhile, Boeings largest union, The International Association of Machinists and Aerospace Workers or IAM, declined to...
Shares of Swiss Re Ltd. were gaining more than 3 percent in the morning trading in Switzerland after the reinsurer reported Thursday higher profit in its first half with improved insurance revenues, supported by strong contributions from all business units. Swiss Res Group Chief Executive Officer Andreas Berger said, After a strong start in the...
Mt. Gox is approaching the final phase of its long-anticipated compensation process for creditors. According to an April 21 report shared on Reddit, the defunct exchange is projected to disburse 142,000 Bitcoin (BTC), 143,000 Bitcoin Cash (BCH), and 69 billion Japanese yen ($510 million) by October 2024. Some Mt. Gox Creditors Received Repayment Several Mt....
By David Shepardson and Rajesh Kumar Singh WASHINGTON/CHICAGO (Reuters) -Major airline chiefs plan to hold discussions with Boeing (NYSE:BA) board chair Larry Kellner in meetings that will not include CEO David Calhoun after raising concerns over an Alaska Airlines mid-air emergency and ongoing production issues, sources said. A group of U.S. airline CEOs sought meetings...
TEL AVIV - SciSparc Ltd. (NASDAQ:SPRC), a pharmaceutical company specializing in central nervous system disorders and rare diseases, has received a Canadian patent for a novel combination of opioids and n-acylethanolamines intended for pain management. The Canadian Intellectual Property Office granted the patent, signaling a potential advancement in the approach to treating chronic pain amid...
XCel Brands, Inc. (NASDAQ:XELB) has seen significant insider activity as Director Mark DiSanto purchased shares worth approximately $95,000. The transaction, which took place on March 15, involved the acquisition of 146,250 shares at a price of $0.65 each. This purchase by DiSanto is noteworthy as it reflects a vote of confidence in the future of...
By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 and Nasdaq ended down slightly on Monday with investors preparing for this week\'s consumer and producer price data, which they hope will provide a better idea of whether the Federal Reserve can begin cutting interest rates in the coming months. Boeing (NYSE:BA) shares eased 3%. U.S....