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June 30, 2022

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Tag: Financial Performance

Business

Bed Bath & Beyond CEO Mark Tritton Exits as Sales Plunge

June 29, 2022 - by adminaws - Leave a Comment

When Mark Tritton took the helm of Bed Bath & Beyond in 2019, he moved quickly to overhaul the home-goods chain by cleaning up crowded aisles, scaling back coupons and …

Bed Bath & Beyond CEO Mark Tritton Exits as Sales Plunge Read More
Business

NIO shares extend losses as Chinese EV maker denies short-seller report

June 29, 2022 - by adminaws - Leave a Comment

NIO Inc.’s shares in Hong Kong extended declines in afternoon trading after the company denied accounting allegations in a report by short seller Grizzly Research LLC. The stock NIO, -2.57% …

NIO shares extend losses as Chinese EV maker denies short-seller report Read More
Business

Tesla Deliveries Are Coming. What the Results Could Mean for the Stock.

June 29, 2022 - by adminaws - Leave a Comment

Text size Tesla stock is down about 16% for the current quarter. Nicholas Asfouri / AFP via Getty Images Tesla ‘s second-quarter delivery results are expected to arrive in early …

Tesla Deliveries Are Coming. What the Results Could Mean for the Stock. Read More
Business

Pinterest CEO Is Stepping Down, Google Commerce Executive to Take Top Job

June 28, 2022 - by adminaws - Leave a Comment

Pinterest longtime chief executive is stepping down and a Google commerce executive is taking over the top job, the social-media company said Tuesday. Ben Silbermann, who co-founded Pinterest in 2010 …

Pinterest CEO Is Stepping Down, Google Commerce Executive to Take Top Job Read More
Business

How long will stocks stay in a bear market? It likely hinges on if a recession hits, says Wells Fargo Institute

June 28, 2022 - by adminaws - Leave a Comment

When the S&P 500 officially dropped into a bear market on June 13, closing down more than 20% from its last peak, it stirred debate about whether investors should hold …

How long will stocks stay in a bear market? It likely hinges on if a recession hits, says Wells Fargo Institute Read More
Business

Nike Posts Flat Sales, Jump in Inventories

June 28, 2022 - by adminaws - Leave a Comment

Nike Inc.’s quarterly sales were roughly flat and its inventory surged, signs that the sneaker giant is still trying to balance consumer demand with supply-chain snarls. Executives said they were …

Nike Posts Flat Sales, Jump in Inventories Read More
Business

Nike’s quarterly profit beats Wall Street expectations, $ 18 billion buyback approved

June 28, 2022 - by adminaws - Leave a Comment

Nike Inc. late Monday reported quarterly earnings above Wall Street expectations and said its board approved a new, $ 18 billion share buyback program, sending the apparel maker’s shares higher …

Nike’s quarterly profit beats Wall Street expectations, $ 18 billion buyback approved Read More
Business

Goldman Sachs and Wells Fargo Boost Shareholder Payouts

June 28, 2022 - by adminaws - Leave a Comment

The largest US banks said they would increase payouts to shareholders after the Federal Reserve said the banks are able to keep lending in a severe hypothetical recession. Four of …

Goldman Sachs and Wells Fargo Boost Shareholder Payouts Read More
Business

Amazon’s Prime Day Is Not Quite The Blockbuster It Once Was – The Wall Street Journal

June 26, 2022 - by adminaws - Leave a Comment

Amazon’s Prime Day Isn’t Quite the Blockbuster It Once WasThe Wall Street Journal

Amazon’s Prime Day Is Not Quite The Blockbuster It Once Was – The Wall Street Journal Read More
Business

Value Investors Bet Recent Market Leadership Is Just the Start

June 26, 2022 - by adminaws - Leave a Comment

Cliff Asness spirit Rob Arnott say value stocks finally have room to run after years of lagging behind. Although few corners of the stock market have emerged unscathed in 2022’s …

Value Investors Bet Recent Market Leadership Is Just the Start Read More

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