Tag: Financial performance
Nordstrom buys minority share in 4 UK fashion brands
NEW YORK — Nordstrom says it's acquiring a minority interest in four fashion brands owned by a British company called Asos as the department...
Historic Warsaw store, seeking rebirth, hit by pandemic
WARSAW, Poland — The Jablkowski Brothers Department Store was once a Warsaw landmark that revolutionized shopping and brought goods to a modernizing society in...
Schumer wants NRA investigated for bankruptcy fraud
NEW YORK — Senate Majority Leader Chuck Schumer on Sunday called on the Justice Department to investigate the National Rifle Association for bankruptcy fraud,...
More states agree to settlement plan for opioid-maker Purdue
More than a dozen states have dropped their longstanding objections to OxyContin maker Purdue Pharma's reorganization plan, edging the company closer to resolving its...
Earnings boom is expected a year after pandemic-driven skid
LOS ANGELES — Wall Street is gearing up for a slew of blockbuster earnings over the next few weeks as companies issue their results...
New auto sales, prices rise as chip shortage cuts US supply
U.S. consumers continued to spend wildly on new automobiles in the second quarter, pushing sales up 50.2% over last year despite tight dealer inventories...
H&M says profit up by $1.2 billion as world opens up again
STOCKHOLM — Low-cost fashion brand Hennes & Mauritz AB said Thursday its profit for the second quarter soared by 10 billion kronor ($1.2 billion)...
Walgreens tops fiscal 3Q forecasts as recovery continues
Walgreens earnings surged past Wall Street expectations for the fiscal third quarter, as the drugstore chain continued to rebuild sales hurt by the COVID-19...
This week: Home prices, Walgreens earnings, June jobs report
A look at some of the key business events and economic indicators upcoming this week:
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Nike shares surge premarket on N. American sales, outlook
Nike's shares are soaring before the opening bell Friday, as the footwear and clothing company posted record fiscal fourth-quarter sales in North America and...