Equities Archives - Page 23 of 1061

2 minute read

Why Fashion Retailer Vera Bradley’s Shares Are Plunging Today

June 12, 10:00 AM

Vera Bradley experienced a decline in shares after reporting a significant 14.6% drop in first-quarter FY25 sales to $80.6 million, falling short of expectations by nearly $10 million.

VRA

2 minute read

Car Wash Chain Quick Quack Gets Squeaky Clean Investment From KKR

By Lekha Gupta

June 12, 9:18 AM

KKR invests in Quick Quack Car Wash, joining founders and Seidler Equity Partners. This investment will drive growth through innovation and expansion.

FMCX

2 minute read

FedEx Europe Shakeup: Plans Up To 2,000 Job Cuts To Slash Costs

By Shivani Kumaresan

June 12, 9:04 AM

FedEx is set to reduce its workforce by 1,700 to 2,000 positions across Europe as part of a strategic initiative to streamline operations and decrease structural costs.

FDX

2 minute read

Clay Court Takeover: TNT Sports To Bring French Open To US Fans Starting 2025

By Shivani Kumaresan

June 12, 8:40 AM

Starting in 2025, Warner Bros. Discovery through TNT Sports, will exclusively broadcast the Roland-Garros French Open in the U.S. The 10-year deal extends WBD's reach in tennis, aligning with its ambition to expand premium sports content, covering nearly 900 matches across TNT, TBS, and truTV, plus digital platforms like Bleacher Report.

DIS

2 minute read

US Inflation Eases More Than Expected In May, Boosts 2024 Rate Cut Prospects Ahead Of Wednesday’s Fed Meeting

By Piero Cingari

June 12, 8:35 AM

Good news for the average U.S. consumer as the annual inflation rate slowed more than economists expected in…

QQQ

2 minute read

Tesla Bear Says Elon Musk Has ‘Mentally Checked Out’ Of EV Giant Long Ago, But Will Stay Back For This Reason

By Shanthi Rexaline

June 12, 8:20 AM

"He is going to continue to use Tesla to milk money out of and support his other businesses," Johnson said.

TSLA

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Why Casey’s General Stores Shares Are Surging Premarket Wednesday

By Lekha Gupta

June 12, 8:17 AM

Casey's General Stores reports $3.60B sales, $2.34 EPS, 5.6% same-store sales rise, $517.6M inside gross profit, and $253.6M fuel gross profit in Q4.

CASY

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Southwest Airlines’ Free Bag Policy Under Pressure After Elliott’s $1.9B Stake

By Shivani Kumaresan

June 12, 7:54 AM

Southwest Airlines is at a crossroads with its "bags fly free" policy as Elliott Investment Management reportedly pushes for changes after acquiring a $1.9 billion stake. The airline is considering introducing fees for checked bags, aligning more with industry trends that saw $33.3 billion in baggage fees last year.

AAL

2 minute read

Orsted Invests In Tesla-Powered Battery Storage In UK: Details

By Lekha Gupta

June 12, 7:38 AM

Orsted invests in battery energy storage system to stabilize UK energy supply and reduce price volatility. Tesla's system will be installed at Hornsea 3 Wind Farm.

DNNGY

3 minute read

Wall Street On Pins And Needles As Market Braces For Fed’s Decision: Analyst Says Size And Speed Of Rate Cuts Will ‘Frustrate Investors’

By Shanthi Rexaline

June 12, 7:26 AM

The market appears poised for further gains on Wednesday, building on the strength of the S&P 500 and Nasdaq Composite, which hit record highs in the previous session.

AAPL