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Yuan spikes higher as pboc slashes fx rrr, but move quickly undone

Chinese Yuan saw a sharp uptick after PBoC announced a substantial 200 bps cut in foreign exchange reserve requirement ratio to 4% from 6%, effective ...

September 1, 2023, 3:49 am

Ubs to slash 3k jobs despite posting $29b profit since credit suisse takeover

UBS chief executive Sergio Ermotti addressed one of the major outstanding questions: how many of Credit Suisse's tens of thousands of employees would ...

August 31, 2023, 1:01 pm

Dollar general shares tumble after it cuts forecasts, blaming a spending slump and theft

Dollar General slashed its sales and profit outlook for the year on Thursday, blaming headwinds includi...

August 31, 2023, 9:29 am

Dollar general stock sinks. the retailer slashed its outlook.

Dollar General posted fiscal second-quarter earnings of $2.13 a share on revenue of $9.8 billion....

August 31, 2023, 7:46 am

Mitchell gold + bob williams furniture retailer shuts down abruptly

Mitchell Gold + Bob Williams was purchased by The Stephens Group … In June, the retailer opened a separate popup store in the mall where it ...

August 29, 2023, 2:29 pm

Best buy stock brushes off slashed revenue outlook

Best Buy Co Inc   (NYSE:BBY ) is up 5.1% to trade at $77.80 this morning, after the retailer topped analysts' second-quarter earnings and revenue exp...

August 29, 2023, 10:34 am

Why a dividend cut for medical properties trust could be good news for investors

Medical Properties Trust slashed its divided by 48% last week. The move didn't result in a large sell-o...

August 29, 2023, 8:52 am

Google play store class action set back

Google owner Alphabet has had any potential damages bill for alleged overcharging on its app store slash...

August 29, 2023, 8:30 am

Medical properties trust: the safest dividend is probably the one that's just been cut (upgrade)

Medical Properties Trust has slashed its dividend by 48.3% to $0.15 per share, reflecting a focus on ba...

August 29, 2023, 1:42 am

Domo stock slide continues as company cuts full-year guidance

Domo (NASDAQ:DOMO) Inc shares fell further in late-morning trading on Monday, off 1.5% at $10.78.  On Friday, shares of cloud software company that s...

August 28, 2023, 12:43 pm

Indian equities close higher on monday after china lists measures to boost economy

Indian indices settled in green on Monday amid upbeat global cues. Both BSE Sensex and NSE Nifty ended higher after China announced a suit of measures...

August 28, 2023, 11:14 am

Why domo stock is crashing today

Domo reported better-than-expected sales and a narrower-than-anticipated loss in Q2. But the company is seeing demand softness and ...

August 25, 2023, 12:07 pm

Netflix's rivals are scrambling, and that could make its stock a buy

As Netflix's streaming rivals slash spending on content and raise prices in pursuit of profitability, N...

August 25, 2023, 10:24 am

Domo stock plummets 34% as cloud company slashes guidance

Analysts at TD Cowen cut their recommendation on the stock to Market Perform from Outperform....

August 25, 2023, 8:41 am

Will this decision boost ford's most important vehicle's sales?

Detroit autos have thrived and long protected the full-size truck market. Ford slashed F-150 Lightning ...

August 25, 2023, 5:05 am

T-mobile slashing 5,000 jobs to boost efficiency

T-Mobile revealed Thursday it will trim its headcount by nearly 5,000. Corporate and 'back-office' jobs at the company will be most affected, accordin...

August 24, 2023, 3:50 pm

Petco stock falls after cutting full-year guidance

Yahoo Finance Live anchors Julie Hyman and Brad Smith break down Petco's Q2 earnings results. Petco (WOOF) shares drop after the company ...

August 24, 2023, 12:06 pm

T-mobile us to slash 5,000 jobs as subscribers seeking cheaper plans weigh on costs

The jobs cuts over the next five weeks will target corporate and back-office roles, and some technology jobs....

August 24, 2023, 11:46 am

Peloton faces investor concerns as growth outlook dims, prompting bofa downgrade

Peloton Interactive Inc (NASDAQ:PTON) has been hit by a wave of investor concerns after a disappointing earnings report and a bleak growth outlook. An...

August 24, 2023, 11:01 am

Want to get rich? 3 game-changing ev stocks to buy right now

The electric vehicle (EV) industry remains at the forefront of the global shift towards a greener tomorrow. As nations rally to ...

August 23, 2023, 7:02 pm


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