Ulta Beauty (ULTA) earnings Q3 2024
Ulta Beauty on Thursday beat Wall Street’s fiscal third-quarter expectations, fending off fears of fiercer competition and slowing demand for makeup and skin care. The retailer hiked its full-year outlook slightly to reflect the better-than-expected results. For the fiscal year, it said it now expects net sales to range from $11.1 billion to $11.2 billion, […]
Court rejects Boeing plea deal tied to 737 Max crashes
Nadia Milleron, whose daughter Samya Stumo was killed in the crash of Ethiopian Airlines Flight 302, holds a sign with photos of the crash victims during a Senate Commerce, Science and Transportation Committee hearing on aviation safety and the future of the Boeing 737 Max aircraft, in the Hart Building in Washington, D.C., Oct. 29, […]
What a new uranium-trading platform says about investor interest in nuclear energy
Investor interest in nuclear energy is running hot, spawning new products, including the launch this week of a blockchain-based platform that allows traders to buy and sell a tokenized version of uranium.
Southwest and American airlines raise sales outlooks, shares jump
A Southwest Airlines plane takes off from Hollywood Burbank Airport in Burbank, California, July 25, 2024. Mario Tama | Getty Images Southwest Airlines and American Airlines raised their fourth-quarter forecasts on Thursday, citing strong demand and higher fares, sending shares in the carriers higher. Southwest said in a securities filing that fourth-quarter unit revenue will […]
Liquor giant Brown-Forman’s stock rises as it signals growth ahead despite market challenges
Brown-Forman Corp.’s stock rose 8% in premarket trading on Thursday after the liquor maker beat Wall Street estimates for profit and revenue in its latest quarter and said it expects to generate positive net sales and operating income in its current fiscal year despite “macroeconomic uncertainties.”
Eli Lilly Zepbound causes more weight loss than Novo Nordisk Wegovy: Trial
A combination image shows an injection pen of Zepbound, Eli Lilly’s weight loss drug, and boxes of Wegovy, made by Novo Nordisk. Reuters Eli Lilly on Wednesday said its obesity drug Zepbound led to more weight loss than its main rival, Novo Nordisk‘s Wegovy, in the first head-to-head clinical trial on the weekly injections. The […]
GM expects more than $5 billion impact from China restructuring
DETROIT – General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion in noncash charges and write-downs, the Detroit automaker disclosed in a federal filing Wednesday morning. GM said it expects to write down the value of its joint-venture operations in China by between […]
French bond risk premium dips and stocks rise after government falls
French assets were taking the government’s fall in their stride early Thursday, though the extra cost Paris must pay to borrow remained close to 12-year peaks.
Trump nominates Jared Isaacman for NASA Administrator
Inspiration4 mission commander Jared Isaacman, founder and chief executive officer of Shift4 Payments, stands for a portrait in front of the recovered first stage of a Falcon 9 rocket at Space Exploration Technologies Corp. (SpaceX) on February 2, 2021 in Hawthorne, California. Patrick T. Fallon | Afp | Getty Images President-elect Donald Trump on Wednesday […]
Bitcoin breaks $100,000 as the crypto market aims to redefine itself under Trump
Bitcoin stages a remarkable comeback two years after FTX’s implosion to hit this $100,000 milestone, helped by Wall Street titans who bet on crypto’s future
