Stock Markets, Business News, Financials, Earnings

S&P 500 Rebounds After U.S. Payroll Growth Slowed In May but Surpassed Expectations Jun 6
U.S. nonfarm payrolls rose at a faster than estimated pace, the jobless rate held at 4.2%, and wage growth moderated to 3.9% in May. Job gains in the previous two months were revised lower by 95,000. AVGO LULU DOCU
Trump's Import Tax Induced Macroeconomic Uncertainty Weighs on Investor Sentiment Jun 5
On Wall Street, investors turned cautious and looked ahead to the release of May's nonfarm payrolls data on Friday. Initial jobless claims rose to an 8-month high, indicating early signs of softening in the labor market amid Trump tariff-induced macroeconomic uncertainty. CHWY FIVE MDB

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U.S. Movers: Broadcom, Ciena, DocuSign, Lands’ End, Lululemon Jun 6
Broadcom failed to meet analyst expectations despite posting higher earnings in the fiscal second quarter. Land’s End reported an expanding net loss in the first quarter. AVGO CIEN LE DOCU LULU
U.S. Movers: Five Below, MongoDB, PVH Corp. Jun 5
Five Below reported strong first-quarter results, but the discount retailer issued a cautious outlook, citing tariff market uncertainty. PVH, the parent company of Calvin Klein and Tommy Hilfiger, swung to a loss and lowered its annual outlook. FIVE MDB PVH

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Sony Corp. Lifts Annual Outlook Driven by Gains in PlayStation and Music Businesses Feb 17
Sony raised its full-year outlook on the back of the strength in its console and music businesses. The technology and media company plans to spin off its financial services unit by October.
Lululemon Athletica Quarterly Sales Rise 19%, Expands Stock Repurchase Plan Dec 8
The specialty apparel retailer said international sales soared but net income declined. The company board approved an additional stock repurchase plan of $1 billion. LULU

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January's Consumer Price Inflation Supports Fed's Resolve to Delay Rate Cuts Feb 12
The rebound in inflation in January was driven by an increase in prices for food, fuel, and passenger cars. Elevated shelter continues to drive most of the inflation and underscored the Fed's reluctance to deliver additional rate cuts in the imminent future.
U.S. Job Growth Slowed by Solid In January, Wage Growth Supports Fed's Rate Case Feb 8
Wall Street indexes were little changed after nonfarm payrolls increased at a slower pace in January, but wage growth in the month stayed sharply ahead of the Fed's inflation goals.

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China's Bubble Tea Chain Mixue Group's IPO Attracted Huge Interest from Retail Investors Mar 3
The rapidly growing affordable beverage chain operator's public offering became the most popular ever in Hong Kong, with 6,000 times oversubscribed.
Heidelberg Materials Enlarges U.S. Footprint with Giant Cement Acquisition Nov 28
Heidelberg Materials agreed to acquire the U.S.-based Giant Cement and its subsidiaries from Mexican billionaire Carlos Slim controlled company listed in Spain.

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ECB Cuts Rates as Expected, Germany's Factory Orders Unexpectedly Advanced In April Jun 5
European markets traded down after ECB's rate decisions, as inflation in the eurozone dropped below the central bank's target rate in May. Germany's factory orders unexpectedly advanced in April.
European Markets Scaled Higher, U.S. Hiked Import Duties On Steel and Aluminum Jun 4
European stocks traded higher, bond yields held firm, and the euro edged higher amid expectations of a rate cut by the European Central Bank on Thursday.

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Europe Movers: Dr. Martens, Heidelberger, Wise, Wizz Air Jun 5
Heidelberger reported lower revenue in the fiscal year 2024/2025, and the German mechanical engineering company reiterated its outlook. Dr. Martens posted sharply lower earnings, but its dividend remained unchanged from a year ago.
Europe Movers: Remy Cointreau, Voestalpine Jun 4
Remy Cointreau, the French spirits company, reported lower sales and profit for the full year and withdrew its long-term earnings forecast, citing macroeconomic and geopolitical uncertainties.

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China's Four-Month Deflation Extends to May; Trade Surplus Widens Amid Cooler Export Growth Jun 9
Weak consumer demand and the protracted property market slump extended consumer price deflation for the fourth month in May. China's trade surplus widened, as exports rose at a faster pace than imports despite simmering tensions with the U.S.
Japan Indexes Struggled After Softer Household Spending In April Jun 6
Japan's nominal household income and spending rose in April but showed a mixed picture in real terms.

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Stock Movers: Ashok Leyland, Cello World, SML ISUZU, CSL Finance, Titagarh Rail, Niraj Cement, Granules, KNR Constructions Jun 4
Titagarh Rail approved a final dividend despite a decline in net income in the March quarter. Cello World reported a muted increase in sales and earnings in the latest quarter. KNR Constructions approved a final dividend despite a sharp fall in net income in the fiscal fourth quarter.
Stock Movers: Suzlon Energy, ICRA, DCM Nouvelle, NBCC, Inox Wind, Ajmera Realty, Vodafone Idea, Adani Energy Jun 3
Suzlon Energy reported a sharp jump in earnings in the latest quarter. DCM Nouvelle’s net income swung to a profit in the March quarter. Vodafone Idea said net loss shrank in the March quarter.

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How Can Argentina Regain Growth Momentum and Avoid Dollarization? Mar 25
Argentina’s persistent financial crisis is rooted in its failure to diversify its economic base away from agriculture and mining activities and to ignore its human capital potential for decades.
Is Twitter Dying? Nov 18
The social media platform's rapid rise brought a flood of users from all walks of life. Twitter's popularity also attracted politicians, regulators and investors, all competing to bend the platform to meet their needs. TWTR