TJX says faced more freight pressure in Q2 than expected
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Walmart"s first quarter margins under pressure, e-commerce rebounds
NEW YORK (Reuters) - Walmart Inc on Thursday said profit margins during the first quarter remained under pressure due to price cuts and higher freight costs, weighing on its shares even as sales and earnings came in stronger than expected......»»
Jack Dorsey said Twitter"s board "has always been a problem" and that he plotted his exit from the firm because of its activist investor
Before leaving Twitter in 2021, Dorsey faced pressure from Elliott Management, which wanted to replace him as CEO because he was also running Square. Jack Dorsey creator, co-founder, and Chairman of Twitte.....»»
Elon Musk Wowed By Apple"s Biggest Stock Buyback — Will Tesla Follow Suit Or Remain Stuck In "Category 5" Storm?
In 2022, Tesla faced pressure from investors to initiate buybacks to lift its stock price. read more.....»»
Taper "Tantrum-ette" - Stocks Pump"n"Dump As Fed "Eases" Balance-Sheet Pressure
Taper 'Tantrum-ette' - Stocks Pump'n'Dump As Fed 'Eases' Balance-Sheet Pressure Powell to traders today... h/t @ForexLive The bigger than expected QT taper announcement ju.....»»
Now"s the time for Elon Musk to reveal his Tesla rescue plan — if he has one
Tesla is expected to report a sharp drop in profit on Tuesday, putting more pressure on Elon Musk to find fixes for the EV maker's many problems......»»
Market Snapshot: Dow, S&P 500 book gains to kick off May as investors focus on supply-chain bottlenecks, Fed talk
Stocks finish mostly higher Monday, despite weaker-than-expected manufacturing data as the recovery from the COVID pandemic puts pressure on prices, supply chains......»»
Market Snapshot: Dow, S&P 500 on pace to start May with gains as investors focus on supply-chain bottlenecks, Fed
Stocks trade mostly higher Monday afternoon, despite weaker-than-expected manufacturing data as the recovery from the COVID pandemic puts pressure on prices, supply chains......»»
E-Commerce"s Rise Drives Up Pressure On Merchants To Prevent Fraud
Online payment fraud is expected to increase to more than $20 billion in 2021, according to a new report from read more.....»»
Bond Report: 10-year Treasury yield posts largest weekly decline in about 10 months
The 10-year Treasury note faced some selling pressure on Friday but that didn't stop long-dated U.S. government debt from logging their sharpest yield declines in weeks......»»
The CEOs of Google, Facebook, and Twitter will appear before Congress in a misinformation hearing on Thursday. Here"s why the execs are testifying.
Sundar Pichai, Mark Zuckerberg, and Jack Dorsey have faced pressure to moderate misinformation about the pandemic and the election. Left to right: Facebook CEO Mark Zuckerberg, Twitter CEO Jack Dorsey, and Google CEO Su.....»»
Futures Movers: Oil wavers as traders weigh support from an inventory decline against pressure from demand worries
Oil futures were marginally lower Thursday as traders weighed support from a bigger-than-expected drop in U.S. crude supplies this week against concerns over a slowdown in energy demand......»»
AUD/USD Forecast: Bounced From A One-Week Low But Retains Its Negative Tone
AUD/USD Current Price: 0.6430 Aussie under pressure amid risk-averse market’s mood. The Reserve Bank of Australia is expected to maintain its policy unchanged. AUD/USD bounced from a one-week low but retains its negative tone. read more.....»»
Michigan Supreme Court Says Municipalities Can Regulate Caregiver Growth Of Medical Marijuana
In early April, the state of Michigan moved quicker than expected to cut off caregiver sales to the adult-use cannabis market. This week, the informal cultivators faced another loss in court. read more.....»»
Futures Movers: Brent oil’s 12% skid on Wednesday puts it on pace for lowest levels since around 1999
Oil futures head sharply lower early Wednesday as the energy complex faced persistent pressure centered on a dearth of places to put excess oil and a glut of the commodity being pumped by major producers......»»
Entertainment Industry Caves To Pressure
Entertainment Industry Caves To Pressure Submitted by Market Crumbs The ticketing industry has long faced criticism. Whether its the exorbitant fees you have to pay on top of the ticket price or allegations of tic.....»»
Market Snapshot: Dow sheds nearly 500 points as stocks retreat as coronavirus hits earnings, economic data
U.S. stocks fall early Wednesday, erasing a chunk of the previous session’s gains, as investors faced an onslaught of disappointing corporate earnings and weaker-than-expected economic data resulting from the COVID-19 pandemic......»»
Global oil output cuts held hostage to standoff
Oil producers in the OPEC+ group, led by Saudi Arabia and Russia, were expected to pressure Mexico on Friday to seal an accord for a collective cut in output of 10 million barrels per day, before asking other nations for a further 5 million bpd of cuts......»»
Global oil output cuts held hostage to Mexican standoff
Oil producers in the OPEC+ group, led by Saudi Arabia and Russia, were expected to pressure Mexico on Friday to seal an accord for a collective cut in output of 10 million barrels per day, before asking other nations for a further 5 million bpd of cuts......»»
Saudi, Russia outline record oil cut under U.S. pressure as demand crashes
OPEC, Russia and other allies outlined plans on Thursday to cut their oil output by more than a fifth and said they expected the United States and other producers to join in their effort to prop up prices hammered by the coronavirus crisis......»»
Saudi, Russia agree record oil cut under U.S. pressure as demand crashes
OPEC and its allies led by Russia agreed on Thursday to cut their oil output by more than a fifth and said they expected the United States and other producers to join in their effort to prop up prices hammered by the coronavirus crisis......»»