United States

Aishwarya Venugopal

UPDATE 2-Levi Strauss revenue rises in first post-IPO quarterly report

Apr 09 2019

April 9 Levi Strauss & Co posted a 7 percent rise in quarterly revenue on Tuesday after returning to public markets last month, driven by the jeans maker's strategy to invest in its retail stores and online business.

Carnival cuts forecast on fuel costs, dollar headwinds; shares sink

Mar 26 2019

Carnival Corp cut its annual profit forecast on Tuesday, expecting a hit from higher fuel prices and a stronger dollar, sending shares of the world's largest cruise operator down over 8 percent.

Former NBA star Shaquille O'Neal joins Papa John's board

Mar 22 2019

Pizza chain Papa John's International Inc, trying to recover from a string of high-profile public relations blunders, on Friday named former basketball star Shaquille O'Neal as its newest board member, brand ambassador and investor. | Video

Tiffany sticks to 2019 targets, helped by e-commerce; shares rebound

Mar 22 2019

Luxury retailer Tiffany & Co said Friday it expected earnings growth to resume in the second half of the year, helped by a healthy e-commerce business, a forecast that allowed investors to look past slightly disappointing quarterly sales. | Video

Levi Strauss shares surge 31 percent in stock market return

Mar 21 2019

Shares in Levi Strauss & Co surged 31 percent in their debut on Thursday, giving the jeans maker a market value of $8.7 billion and suggesting strong investor appetite before much-awaited listings from Lyft and Uber. | Video

Price hikes drive General Mills profit beat, forecast raise

Mar 20 2019

Cheerios cereal maker General Mills Inc beat Wall Street estimates for quarterly profit and raised its full-year forecast on Wednesday, aided by price increases across a wide range of products, sending its shares to their highest in a year.

Holiday sales boost Target forecasts, shares jump

Mar 05 2019

Target Corp forecast 2019 profit above Wall Street estimates on Tuesday as investments to draw more shoppers online and in stores drove a jump in holiday sales, sending its shares up 5 percent.

Best Buy shares surge 16 percent on upbeat profit view, robust holiday quarter

Feb 27 2019

Best Buy Co Inc shares surged 16 percent on Wednesday after it gave an upbeat profit forecast for the year and reported better-than-expected holiday-quarter sales. | Video

UPDATE 4-Macy's will cut 100 senior jobs in restructuring to save $100 mln annually

Feb 26 2019

Feb 26 Macy's Inc on Tuesday said it would eliminate 100 senior executive positions in a restructuring designed to cut costs and improve profitability, in the face of competition from Amazon.com Inc and other online sellers.

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