Breaking News
Nov 23, 2022
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China's daily Covid infections surged to the April levels, forcing stringent lockdowns in parts of Beijing and other cities.
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Foxconn work-complex in Zhengzhou, China, the maker of expensive Apple's iPhones, is facing worker rebellion on stringent lockdown conditions.
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More Fed policy makers see reasons to slow the pace of future rate hikes but also estimated rates have further to go, the latest FOMC minutes showed.
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Best Buy Q3 sales fell 11% to $10.59 billion and net income declined to $277 million or $1.22 a share from $499 million or $2 a share a year ago.
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Abercrombie Q3 sales declined 3% to $880 million and swung to a net loss of $2.2 million or 4 cents a share from $47 million or 77 cents a year ago.
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Dollar Tree Q3 sales rose 8.1% to $6.9 billion and net income rose 23% to $267 million or $1.20 a share from $216 million or 96 cents a year ago.
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Dick's Sporting Q3 sales rose 7.7% to $3 billion and net income dropped 28% to $228 million or $2.45 a share from $317 million or $2.78 a year ago.
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Medtronic fiscal Q2 revenue fell 3.3% to $7.6 billion and net income plunged to $427 million from $1.3 billion or 32 cents from 97 cents a year ago.
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American Eagle Out Q3 revenue fell 3% to $1.2 billion and net income dropped to $81 million from $152 million or 44 cents from 91 cents a year ago.
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Nordstrom Q3 revenue eased 2.9% to $3.5 billion and swung to a net loss of $20 m from a profit of $64 m or 13 cents from 39 cents a year ago.
Nov 22, 2022
