Governor Shares Dance With Trans Woman at Drumthwacket Pride Reception
PRINCETON, N.J. — Gov. Phil Murphy hosted his final LGBTQ+ Pride reception at the governor’s residence on Sunday, marking the end of a tradition held throughout his administration and highlighting what he…
HPE forecasts fourth-quarter revenue below estimates, shares fall
(Reuters) – Hewlett Packard Enterprise forecast fourth-quarter revenue below Wall Street estimates on Tuesday, at a time when demand for the company’s servers is taking a hit from soft enterprise spending coupled…
China Evergrande shares set to open down 14.3%
HONG KONG (Reuters) – Shares of China Evergrande Group are set to open down 14.3% on Tuesday, exending losses from the previous day when the embattled developer lost $2.2 billion, or 79%…
Shares of Country Garden set to rise after it sells stake in development
HONG KONG (Reuters) – Shares of Country Garden are set to rise 14.8% on Monday after it sold a minority stake in a mixed development in Guangzhou for 1.3 billion yuan ($178.35…
Affirm shares soar after better-than-expected quarterly results
By Chibuike Oguh NEW YORK (Reuters) -Shares of Affirm Holdings Inc rose nearly 33% on Friday after the U.S. financial technology firm reported better-than-expected quarterly results based on an uptick in loan…
China Evergrande says resumption guidance fulfilled, shares set to trade next week
(Reuters) – Embattled property developer China Evergrande Group said on Friday it has “adequately” fulfilled the resumption guidance issued by the Hong Kong Stock Exchange and made an application to resume trading…
Hawaiian Electric shares sink on wildfire lawsuit, dividend pause, ratings cut
(Reuters) -Hawaiian Electric shares on Friday plunged to their lowest level since 1984 as a lawsuit alleging negligence leading to Maui wildfires raised investor worries over the financial health of the utility…
Gap shares jump as investors focus on profit beat over weak forecast
(Reuters) – Shares of Gap climbed as much as 8% on Friday, after the apparel retailer’s quarterly profit beat indicated that the Old Navy parent’s cost cuts were paying off even as…
Mortgage lender Better’s shares sink in grim Nasdaq debut
By Hannah Lang and Lance Tupper (Reuters) -Shares in Better Home & Finance Holding plummeted more than 93% on Thursday as investors snubbed the online mortgage lender, which went public via a…
Charles Schwab shares fall after announcing cost-cutting plan
By Chibuike Oguh NEW YORK (Reuters) – Shares of Charles Schwab fell by nearly 5% to a one-month low on Tuesday after the U.S. brokerage unveiled a cost-cutting plan that came with…
Dick’s Sporting shares slide as costs, inventory shrink slam annual profit outlook
(Reuters) – Dick’s Sporting Goods shares slumped as much as 24.5% on Tuesday as the footwear retailer slashed its full-year profit target after missing expectations for the second quarter. The company said…
VinFast shares more than double to highest since market debut
(Reuters) – VinFast’s shares more than doubled on Tuesday to the highest since Vietnamese electric vehicle maker’s blowout Wall Street debut after Reuters reported that South Korea’s Star Group Industrial plans to…
Cheap European shares to struggle before testing record high in 2024 – Reuters poll
By Samuel Indyk LONDON (Reuters) – A slowdown in global growth is likely to offset an attractively valued European equity market for the rest of 2023, but with price pressures easing, a…
Tesla shares gain as Baird Equity adds stock to ‘best ideas’ list
(Reuters) – Electric-vehicle maker Tesla’s shares rose 4.5% on Monday, snapping a six-session losing streak, after brokerage Baird Equity Research added the stock to its “best ideas” list. The brokerage said price…
UK homebuilder shares tumble after Crest Nicholson cuts annual profit outlook
LONDON (Reuters) – UK homebuilder shares tumbled on Monday, set for their biggest one-day drop in over six weeks, led by a 14.9% fall in Crest Nicholson shares which plunged after the…
Hawaiian Electric shares slide more on Maui wildfires
(Reuters) -Shares of Hawaiian Electric Industries extended recent losses on Thursday, briefly hitting their lowest since 1985, as the utility faced questions about the role its equipment might have played in deadly…
H&R Block shares hit six-month high after profit tops expectations
By Chibuike Oguh NEW YORK (Reuters) – Shares of H&R Block Inc rose nearly 12% to a six-month high on Wednesday after the U.S. tax preparation firm reported better-than-expected fourth-quarter results owing…
Nvidia shares climb as analysts raise targets ahead of report
(Reuters) – Shares of Nvidia rose more than 3% in hefty trading volume on Tuesday after two brokerages raised their price targets for the chipmaker, heightening already lofty expectations ahead of its…
Shares of China’s Country Garden rise more than 7% in early trade
HONG KONG (Reuters) – Shares of Country Garden rose more than 7% on Tuesday, recovering some ground after the stock plunged a day earlier as China’s largest private developer seeks to delay…
Greenlight bought Onex and NET Power shares in Q2, added index hedges -letter
NEW YORK (Reuters) – Greenlight Capital made investments in alternative asset manager Onex Corp and clean energy company NET Power during the second quarter but also added portfolio protection through index hedges,…
China Evergrande EV unit to issue fresh shares in restructuring plan
(Reuters) -Embattled property developer China Evergrande Group said on Monday its listed electric-vehicle arm has agreed to issue new shares to certain subscribers to ease loan burden and improve liquidity as part…
Rakuten shares jump as mobile losses narrow
By Anton Bridge TOKYO (Reuters) – Rakuten Group shares surged on Monday morning after the e-commerce giant reported narrowing losses at its cash bleeding mobile unit last week alongside assurances that it…
Brazil airline Azul narrows loss, beating forecasts; shares jump
By Gabriel Araujo SAO PAULO (Reuters) – Brazilian airline Azul on Thursday reported a narrower second-quarter loss, beating market expectations, and its shares jumped almost 9% as it provided its first updates…
UK real estate adviser Savills posts sharp profit drop, shares tank
(Reuters) – Savills Plc posted a sharp drop in half-yearly profits on Thursday as rising interest rates hit trading volumes, sending the British real estate adviser’s shares down nearly 9%. The company…
Japan’s Warabeya shares drop after cockroach found in 7-Eleven rice balls
TOKYO (Reuters) – Japan’s Warabeya Nichiyo saw its shares lose more than 4% on Monday after the food maker disclosed two instances of cockroaches being found inside its rice that were sold…
Walgreens sells $1.85 billion of AmerisourceBergen shares, further cutting stake
(Reuters) – Walgreens Boots Alliance has sold some AmerisourceBergen Corp’s shares for proceeds of about $1.85 billion, the U.S. drugstore chain said on Thursday, further cutting its ownership in the drug distributor…
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