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We view Puma as a leader in global sportswear, but do not believe it has achieved a competitive advantage. Since 2014, Puma’s annual sales have risen to nearly EUR 9 billion from EUR 3 billion as the ...
Major Wall Street banks have modestly lifted their oil-price forecasts for this year and next, but lingering uncertainty over U.S. tariffs and rising OPEC+ output continue to cloud the outlook. The ...
Coinbase beat FactSet consensus regarding its GAAP earnings by a wide margin, reporting profit of $5.14 a share versus expectations of GAAP earnings of $1.25 a share on sales. In the year-ago quarter, ...
The stock dipped 1.3% in the extended session Thursday, as it was the second quarter that MicroStrategy was allowed to factor in the unrealized gains on its digital assets. The company reported net ...
Now Lumen's stock trades at $4.45, and Chief Financial Officer Chris Stansbury said the company is strengthening its financial position to help it win out in AI connectivity. The company has ...
Shares of Reddit Inc. jumped about 18% in extended trading Thursday after the social-media platform's second-quarter results blew past Wall Street's expectations for revenue and earnings, boosted by ...
Singapore's second-largest lender, Oversea-Chinese Banking Corp., reported lower second-quarter net profit due to lower net interest income. Net profit for the April-June period fell 6.6% from a year ...
Apple shares (AAPL) rose about 2.4% in Thursday's extended session, but that comes in the face of sluggish performance this year. The quarterly results, meanwhile, were better than expected, with ...
Tenaris is the largest provider of oil country tubular goods, the steel tubing that is used to construct oil and gas wells. It controls nearly half the global OCTG market, providing premium and ...
SYDNEY--Australian manufacturing activity expanded further in July, capping off a strong week of economic data for the economy. The headline seasonally adjusted S&P Global Australia Manufacturing ...
UnitedHealth Group named Bain Capital executive Wayne DeVeydt as its next CFO, replacing John Rex, who will become strategic advisor to the CEO. The medical products maker raised its earnings outlook ...
Major Wall Street banks have modestly lifted their oil-price forecasts for this year and next, but lingering uncertainty over U.S. tariffs and rising OPEC+ output continue to cloud the outlook. The ...
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