Under Armour forecasts underwhelm on patchy demand, unveils restructuring
By Juveria Tabassum (Reuters) -Under Armour on Thursday forecast a surprise fall in sales for the year and laid out…
Author: Trading Reports Daily
Boeing supplier Spirit AeroSystems to lay off about 400 employees, memo says
(Reuters) -Spirit AeroSystems is laying off several hundred members of its workforce in Wichita, Kan., according to an internal memo,…
Dow surpasses 40,000, world stocks hit record amid rate cut hopes
By Caroline Valetkevitch NEW YORK (Reuters) – The Dow Jones industrial average crossed the 40,000 level on Thursday for the…
Analysis-Walmart’s strong forecast signals a resilient consumer
By Siddharth Cavale and Aishwarya Venugopal (Reuters) – A positive forecast from retail bellwether Walmart on Thursday signaled a resilient…
Tesla gets local council go-ahead for German factory expansion
GRUENHEIDE, Germany (Reuters) – Tesla got the go-ahead for an expansion of its German factory in Gruenheide near Berlin from…
Dollar rebounds on high US import prices
By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar rose on Thursday after data showed U.S. import prices…
Exxon says proxy advisor Glass Lewis should recuse itself from making recommendations
(Reuters) – U.S. oil giant Exxon said on Wednesday proxy advisor Glass Lewis should recuse itself from making recommendations on…
Explainer-How Boeing could face the criminal prosecution it avoided in 2021
(Reuters) – The U.S. Justice Department said Boeing breached its obligations under a 2021 agreement that kept the planemaker from…
Tyson Foods unsure when tight US cattle supplies will expand, CEO says
By Tom Polansek CHICAGO (Reuters) – Tyson Foods cannot predict exactly when U.S. ranchers will start rebuilding the cattle herd…
US charges two brothers with novel $25 million cryptocurrency heist
By Nate Raymond BOSTON (Reuters) – Two brothers who studied at the Massachusetts Institute of Technology were arrested on Wednesday…