GameStop faces ‘unsustainable’ sales decline, cuts jobs to control costs By Reuters
(Reuters) -Videogame retailer GameStop (NYSE:) said on Tuesday it had cut an unspecified number of jobs to reduce costs and reported lower fourth-quarter revenue amid...
Dell reduces workforce as part of broader cost cuts By Reuters
© Reuters. FILE PHOTO: 3D printed clouds and figurines are seen in front of the Dell logo in this illustration taken February 8, 2022. REUTERS/Dado...
Nike expects first half of fiscal 2025 to be pressured as it cuts supply of key products By Reuters
© Reuters. FILE PHOTO: Nike shoes are seen displayed at a sporting goods store in New York City, New York, U.S., May 14, 2019. REUTERS/Mike...
Li Auto cuts vehicle delivery guidance for Q1, shares slide By Investing.com
© Reuters Li Auto (LI) cuts vehicle delivery guidance for Q1, shares slide Shares of Li Auto (NASDAQ:) fell more than 7% in U.S. premarket...
Canadian dollar weakens as hot U.S. CPI raises prospect of delayed Fed rate cuts By Investing.com
© Reuters. Investing.com – The weakened against its U.S. counterpart on Tuesday, as hotter than expected U.S. inflation data had markets considering the prospect of...
Jefferies cuts IGT stock target to $26, maintains hold rating By Investing.com
© Reuters. On Wednesday, Jefferies adjusted its outlook on International Game Technology (NYSE:), reducing the stock’s price target to $26.00 from the previous $30.00 while...
Morgan Stanley cuts MP Materials stock amid NdPr oversupply concerns By Investing.com
© Reuters. On Wednesday, Morgan Stanley adjusted its stance on MP Materials Corp (NYSE:MP), a leading rare earth minerals producer, by downgrading the stock from...
S&P cuts Ukraine’s long term foreign currency rating deeper into junk By Reuters
© Reuters. FILE PHOTO: A woman walks past a board showing currency exchange rates in central Kiev, Ukraine January 27, 2020. REUTERS/Gleb Garanich/File Photo (Reuters)...
Canadian dollar adds to gains as markets bet Bank of Canada cuts rates before Fed By Investing.com
© Reuters. Investing.com – The Canadian Dollar added to gains vs. its U.S. counterpart today, with the supported by broad-risk on sentiment, and as markets...
JPMorgan cuts Kodiak Gas Services after shares robust performance By Investing.com
© Reuters. On Friday, JPMorgan altered its stance on Kodiak Gas Services Inc (NYSE:KGS), moving its stock rating from Overweight to Neutral, while increasing the...