News & Analysis

Nordstrom Gains After Surprise Sales Growth Reassures Investors

10 August 2017 • By Bloomberg

10 August 2017 • By Bloomberg

The retailer's 1.7 percent sales growth, exceeding the 0.5 percent predicted by Wall Street, has renewed hope in the department-store model.

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News & Analysis

Nordstrom Gains After Surprise Sales Growth Reassures Investors

The retailer's 1.7 percent sales growth, exceeding the 0.5 percent predicted by Wall Street, has renewed hope in the department-store model.

News & Analysis

Ralph Lauren Beats First Quarter Profit Forecasts

8 August 2017 • By Reuters

8 August 2017 • By Reuters

Ralph Lauren's first quarter net income of $59 million exceeded Wall Street expectations, with reported revenue of over $1.3 billion.

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News & Analysis

Ralph Lauren Beats First Quarter Profit Forecasts

Ralph Lauren's first quarter net income of $59 million exceeded Wall Street expectations, with reported revenue of over $1.3 billion.

News & Analysis

Michael Kors Shares Surge as Turnaround Shows Promise

8 August 2017 • By Bloomberg

8 August 2017 • By Bloomberg

Both profit and sales at Michael Kors have exceeded analyst expectations in the quarter ending in July 2017.

171 Shares Comment

News & Analysis

Michael Kors Shares Surge as Turnaround Shows Promise

Both profit and sales at Michael Kors have exceeded analyst expectations in the quarter ending in July 2017.

News & Analysis

Amazon's Stock Tops $1,000 for the First Time

30 May 2017 • By Bloomberg

30 May 2017 • By Bloomberg

That price puts Amazon's market value at about $478 billion, double that of rival Walmart and more than 15 times the size of Target.

22 Shares Comment

News & Analysis

Amazon's Stock Tops $1,000 for the First Time

That price puts Amazon's market value at about $478 billion, double that of rival Walmart and more than 15 times the size of Target.

News & Analysis

Nike Shares Drop After Orders Spark Concerns About Slowdown

29 June 2016 • By Bloomberg

29 June 2016 • By Bloomberg

Nike tumbled as much as 7.4 percent in late trading after its sales and orders missed estimates, renewing concerns that competitors will hamstring growth at the world’s largest sports brand.

105 Shares Comment

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Nike Shares Drop After Orders Spark Concerns About Slowdown

Nike tumbled as much as 7.4 percent in late trading after its sales and orders missed estimates, renewing concerns that competitors will hamstring growth at the world’s largest sports brand.

News & Analysis

Alibaba Shares Squeezed by SEC Probe, SoftBank Sale

12 June 2016 • By Bloomberg

12 June 2016 • By Bloomberg

The shares have dropped 6.4 percent to $75.92 since May 25.

7 Shares Comment

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Alibaba Shares Squeezed by SEC Probe, SoftBank Sale

The shares have dropped 6.4 percent to $75.92 since May 25.

News & Analysis

SoftBank Proceeds From Alibaba Selldown Rise to $10 Billion

3 June 2016 • By Bloomberg

3 June 2016 • By Bloomberg

SoftBank Group Corp. has lifted the amount of money it will raise from selling down its stake in China’s Alibaba Group Holding Ltd. to $10 billion, after exercising an option to sell more shares through a trust.

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SoftBank Proceeds From Alibaba Selldown Rise to $10 Billion

SoftBank Group Corp. has lifted the amount of money it will raise from selling down its stake in China’s Alibaba Group Holding Ltd. to $10 billion, after exercising an option to sell more shares through a trust.

News & Analysis

Alibaba Buys $2 Billion in Own Stock From Softbank

2 June 2016 • By Bloomberg

2 June 2016 • By Bloomberg

Alibaba agreed to buy $2 billion of its own stock from SoftBank Group Corp. at $74 a share, as part of SoftBank’s effort to monetise $8.9 billion of its stake in the Chinese e-commerce giant.

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News & Analysis

Alibaba Buys $2 Billion in Own Stock From Softbank

Alibaba agreed to buy $2 billion of its own stock from SoftBank Group Corp. at $74 a share, as part of SoftBank’s effort to monetise $8.9 billion of its stake in the Chinese e-commerce giant.

News & Analysis

Wal-Mart Surges After First-Quarter Profit Beats Estimates

19 May 2016 • By Bloomberg

19 May 2016 • By Bloomberg

The chain's US same-store sales rose faster than expected.

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Wal-Mart Surges After First-Quarter Profit Beats Estimates

The chain's US same-store sales rose faster than expected.

News & Analysis

American Eagle, Urban Outfitters Surge After Topping Estimates

19 May 2016 • By Bloomberg

19 May 2016 • By Bloomberg

American Eagle Outfitters Inc. and Urban Outfitters Inc. both surged in late trading after topping first-quarter earnings estimates, bucking a trend of apparel companies posting weak results.

95 Shares Comment

News & Analysis

American Eagle, Urban Outfitters Surge After Topping Estimates

American Eagle Outfitters Inc. and Urban Outfitters Inc. both surged in late trading after topping first-quarter earnings estimates, bucking a trend of apparel companies posting weak results.