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Breaking News
Nov 8, 2022
  • Carrefour declined 1% after the French hypermarket operator plans to expand its e-commerce, cut expenses and open more discount stores.
    • Schaeffler AG said it plans to cut 1,300 global jobs and trim overcapacity and cut costs reflecting weak economic conditions.
      • Munich Re gained after the reinsurance company reiterated its annual outlook.
        • Renault and Google announced a partnership to deliver more cloud computing capabilities in vehicles.
          • Lyft September quarter sales rose 22% to $1.05 billion and loss quadrupled to $422 million and active riders rose at the slowest pace in 7 quarters.
            • Associated British Foods, the Primark owner, said annual profit increased 45% to
              • Deutsche Post said third quarter revenue rose 20% to
                • Pandora said sales at its U.S. stores fell 3% in the third quarter but sales were still up 56% from the pre-pandemic third quarter in 2019.
                  • Tripadvisor plunged after the travel platform operator reported a strong rebound in quarterly revenue and earnings but estimated weaker growth ahead.
                    • Take Two Interactive dropped 11% after the company estimated a weakness in net bookings in the December quarter and higher annual loss.