Stock Markets, Business News, Financials, Earnings

Wall Street Remains Focused On Earnings Amid Waning Confidence In Trump Administration Feb 10
Wall Street indexes meandered amid waning confidence in the White House, as Trump's tariff threats are rarely followed through.
Wall Street Indexes Lacked Direction After Nonfarm Payrolls Report Supported Higher-for-Longer Rate Case Feb 7
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. PINS AMZN HSY

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U.S. Movers: Amazon.com, Expedia, Hilton, Verisign Feb 7
Amazon.com reported strong quarterly results, but the company offered a muted sales growth estimate for the current quarter. Expedia estimated annual gross bookings to increase between 4% and 6%. Hilton Worldwide forecast unit growth between 6% and 7% in 2025. AMZN EXPE HLT VRSN
U.S. Movers: Cognizant, Costco, Toyota Motor, Yum Brands Feb 6
Costco said January same-store sales rose at a healthy pace. Toyota Motor revised higher its annual sales estimate but guided lower unit sales in the fiscal year ending in March. Cognizant offered a cautious revenue growth outlook. CTSH COST TM YUM

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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
Dollar General Estimated Sales Growth Weakness to Persist Dec 8
The deep discount retailer struggled to control its inventories as customers stayed limited to basic product categories and searched for bargains. DG

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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.
U.S. Trade Deficit Widened In December and 2024 as Businesses Front Load Shipments Feb 5
U.S. international trade expanded in 2024, but imports rose at a faster pace than exports, resulting in higher trade deficits in 2024.

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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.
AT&T Agreed to Sell Direct TV Stake, Paving the Way to Merge with Dish Tv Sep 30
Dish TV and Direct TV announced a merger after a complex deal with the private equity group TPG, consummating a long-sought merger by the two satellite television companies. T SATS

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European Markets Indexes Trade Higher Amid Rate Cut Optimism Feb 10
European markets retained an upward bias amid rate cut optimism and positive earnings outlook. Norway's consumer price accelerated in January, and core inflation stayed above the central bank's target rate.
European Markets Extend Weekly Advances, German Exports and Imports Drop In 2024 Feb 7
European markets extended their weekly advance a day after the Bank of England lowered its key lending rate by 25 basis points as widely expected. Germany's international trade shrank in 2024 amid weak domestic demand and rising global competition.

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Europe Movers: BP Group, GTT Group, Iveco, Nokia, SAAB, Skanska, Vontobel Feb 10
Nokia announces a new chief executive as the company pins hope on artificial intelligence-driven data centers. Vontobel Holding, the Swiss asset management company, reported steady growth in earnings in fiscal 2024. Iveco's fourth-quarter revenue declined, but net income swung to a profit.
Europe Movers: Ashmore, Danske Bank, Henkel, Iveco, Legal & General Feb 7
Iveco NV signaled a possible spinoff of its defense business. Ashmore reported a sharp decline in half-year profit. Legal & General agreed to sell its U.S. insurance unit to Japan's Meiji Yasuda Life.

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Tech Rally Powers Rise In China and Hong Kong Indexes, Inflation Reports Support Need for Additional Stimulus Feb 10
Tech stocks powered the market rally in China for the second consecutive week and in Hong Kong for the fifth consecutive week. China's consumer price inflation accelerated in January, but producer price deflation extended to the 28th consecutive week.
Nikkei 225 Halted 3-Day Rally, Household Spending Expanded In December but Fell In 2024 Feb 7
Japan's benchmark indexes trimmed weekly advance after indexes halted a three-day rally. Household spending expanded at the fastest pace in December, but in real terms fell for the second consecutive year in 2024.

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India Movers: Movers: 3M India, Delhivery, Edelweiss Financial, Fortis, LIC, Mazagon Dock, Oil India, Ola Electric Feb 10
LIC reported a slight increase in net income and a decline in revenue in the December quarter. Delhivery Ltd. said quarterly revenue and earnings advanced. Mazagon Dock and Fortis Healthcare reported a sharp increase in their earnings in the latest quarter.
India Movers: Britannia, Bharti Airtel, Cochin Shipyard, Hero Motocorp, ITC, MRF, NCC, State Bank of India, Trent Feb 7
Bharti Airtel reported a five-fold increase in quarterly earnings. Trent Ltd. reported a surge in revenue and earnings, and the company plans to optimize store operations. State Bank of India said quarterly earnings rose on lower provisions for bad loans.

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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