Deutsche Bank has held talks with Citigroup Inc , BNP Paribas SA and others over the possible sale of parts of its equities business, the Wall Street Journal reported on Tuesday.
Two of America's largest dollar store chains warned on Thursday that rising tariffs due to escalating trade tensions between Washington and Beijing would hit U.S. shoppers, after reporting strong quarterly sales that sent their shares up about 6%.
Capri Holdings Ltd forecast current-quarter profit below estimates on Wednesday as it plans to invest heavily in its luxury brand, Versace, while battling weak demand in its Michael Kors business, sending its shares down 10%.
Luxury apparel maker Ralph Lauren Corp beat Wall Street estimates for quarterly profit on Tuesday, benefiting from higher demand in international markets, but weak sales in its biggest market, North America, disappointed investors.
May 13 Bed Bath & Beyond Inc's
long-time Chief Executive Officer Steven Temares stepped down on
Monday, following pressure from a group of activist investors
that had been pushing for his ouster and a shakeup of the home
goods retailer's board.
Schick and Wilkinson razor brands owner Edgewell Personal Care Co said on Thursday it would buy shaving startup Harry's Inc in a $1.37 billion cash-and-stock deal, but its shares plunged 17 percent as the high levels of debt spooked investors.
U.S. consumer products maker Newell Brands Inc on Friday beat first-quarter estimates and said the bankruptcy of its retail partner Toys 'R' Us would not have anymore impact on its business, sending its share up 10 percent.
Estee Lauder Cos Inc raised its 2019 forecast for profit and sales on Wednesday after beating Wall Street expectations for third-quarter results on booming demand for luxury beauty products in China.
Procter & Gamble Co reported a decline in its third-quarter operating margin on Tuesday and said a strong U.S. dollar hurt sales of its grooming products, sending shares of the maker of Tide and Gillette products down as much as 3.3%.