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Under Armour forecasts surprise sales drop, coronavirus hit; shares fall
Under Armour Inc on Tuesday forecast a surprise drop in 2020 revenue, largely due to weakness in North America, and said the coronavirus outbreak in China would hurt sales in one of its fast-growing markets, sending shares tumbling 13%......»»
Ralph Lauren beats quarterly revenue estimates
Ralph Lauren Corp inched past holiday-quarter revenue estimates on Tuesday, helped by demand for its winterwear in Europe and North America......»»
Halliburton beats estimate on international demand; takes $2.2 billion charge
Halliburton Co beat analysts' estimates for quarterly profit on Tuesday, as higher drilling activity in international markets helped the oilfield services provider blunt a hit from slowing North America that led to a charge of $2.2 billion......»»
Bose to close all North American stores, including 5 in Bay Area
Bose Corp. will close all of its 119 retail stores in North America, Europe, Japan and Australia “over the next several months†as the consumer electronics company handles “the dramatic shift to online shopping in specific markets,†the company.....»»
Bose to close all North American stores, including 5 in Bay Area
Bose Corp. will close all of its 119 retail stores in North America, Europe, Japan and Australia “over the next several months†as the consumer electronics company handles “the dramatic shift to online shopping in specific markets,†the company.....»»
Bose to close all North American stores, including in King of Prussia
Bose Corp. will close all of its 119 retail stores in North America, Europe, Japan and Australia “over the next several months†as the consumer electronics company handles “the dramatic shift to online shopping in specific markets,†the company.....»»
Wall Street analysts bullish over Nike"s digital growth, look past margin weakness
Wall Street analysts were upbeat about Nike Inc's long-term growth, encouraged by the sportswear maker's robust online sales and strength in China that helped overcome slowing demand in North America, its biggest market......»»
Nike quarterly results beat, but North America disappoints
Nike Inc's quarterly revenue and profit blew past Wall Street expectations on Thursday on strong sales in China, but lower-than-expected growth in North America, its biggest market, overshadowed the beat......»»
Toyota expects 2020 global car sales to stay at record-high levels
Toyota Motor Corp expects its global vehicle sales to stay at record highs in 2020, even as demand shows signs of slowing in China and the United States, the world's top car markets......»»
Europe Markets: European stocks advance on strong Chinese economic data
European stocks advanced on Monday, buoyed by data showing the world’s second-largest economy, China, seems to be bouncing back......»»
Ralph Lauren tops profit estimates on cost control, Chinese demand
Ralph Lauren Corp beat quarterly profit estimates on Thursday, driven by tighter control on expenses and strong demand for its Polo shirts and tweed jackets in China and Europe, sending its shares up 9% in premarket trading ......»»
Bond Report: Global bond markets come under pressure as hopes for U.S. - China trade deal unwind haven trades
Global bond yields rise Tuesday as hopes for a partial U.S. - China trade deal weighs on demand for government paper in the U.S., Europe and Japan......»»
Europe Markets: European stocks end higher for fourth week on positive U.S., Chinese data
European stocks advanced on Friday after surprisingly strong data in both the U.S. and China.....»»
Unilever misses estimates as sales slow in China and India
Consumer goods giant Unilever reported weaker than expected third-quarter sales, citing softer demand in India and a slowdown in China, two of its biggest emerging markets......»»
Europe Markets: Bank of America says European stocks should climb as market starts quarter lower
European stocks on Tuesday declined, as a key brokerage expects an upturn in the economy that will lift equities in the region......»»
Europe Markets: European stocks struggle for direction as Bank of America forecasts upside
European stocks on Tuesday struggled for direction, as a key brokerage expects an upturn in the economy that will lift equities in the region......»»
Commodities trader Cargill"s quarterly profit rises 3% on beef, eggs demand
Global commodities trader Cargill Inc [CARG.UL] reported a 3% increase in adjusted quarterly profit on Thursday, citing strong consumer demand for meat and eggs in North America and growth in its animal nutrition businesses......»»
New factory: Louis Vuitton beats trade war blues
French luxury brand Louis Vuitton has inaugurated a new factory in western France to meet strong demand in markets like China. David Pollard reports......»»
Vuitton to hire more French handbag makers as Chinese sales boom
LVMH's Louis Vuitton brand will hire another 1,500 manufacturing staff in France by 2022, as it expands production to meet strong demand in markets like China......»»
Norway wealth fund should move more investments from Europe to North America: central bank
Norway's $1 trillion sovereign wealth fund, the world's largest, should reduce its exposure to European stock markets and instead invest more in the United States and other North American markets, the fund's manager recommended on Tuesday......»»