Ralph Lauren shops to be cut globally
US premium clothing manufacturer Ralph Lauren said it plans to cut up to 30% of its corporate real estate in North America, reduce space in Europe and Asia and close up to a dozen shops worldwide.
The company i...
Company's revenue growth
Pinterest ended the holiday fourth quarter with revenue growth of 76% as the COVID-19 pandemic boosted demand for digital advertising and Pinterest's advertising products were improved. The company is forecasting 70% revenue...
The company's profit declined in Q4
France's largest bank by assets, BNP Paribas (PA:BNPP) SA, saw its net profit fall 14% to 1.59bn euros in Q4 2020 from 1.85bn euros in the same period last year.
Analysts polled by FactSet had on average estimate...
U.S. indices
U.S. stock indices ended Thursday's trading up strongly, with the S&P 500 reaching a record high. Traders assessed new company reports and statistical data.
The Dow Jones Industrial Average index rose 332.26 points (1.08%) to 31055...
Ford's Q4 report
Ford's Q4 loss to the automaker, but the company has high expectations for its new Mustang Mach-E EV, F-150 and Transit vans. Ford plans to allocate huge investments for its electric and autonomous vehicles.
Ford (F)...
Paypal's revenue increase
PayPal increased its Q4 revenues by 23% and the number of active customers by 24% to 16 million, its new cryptocurrency service enjoyed growing demand. PayPal's total payments processed for 2020 approached $1 trillion.
Sha...
Company's record fourth-quarter profit
Shares in Sony Corporation (NYSE:SNE) rose 11% in New York trading on Wednesday following news of record fourth-quarter earnings.
The company sold 4.5 million PlayStation 5 consoles, the exact same number as t...
The company's new CEO
Amazon ended 2020 with a record 118% growth in earnings per share and 44% growth in revenues, ending the year with the biggest numbers in its history. Andy Jassy, head of AWS cloud, will replace Jeff Bezos as Amazon CEO in the ...
Deal with Drizly
Uber shares rose 7% on Tuesday on the back of the announcement of the acquisition of major alcohol delivery company Drizly for 90% of Uber's ordinary shares.
International online taxi orderin...
Google's business
Shares in Alphabet (GOOGL, GOOG), up 29.4% over the past year, rose 7% after the close of trading on Tuesday when the company released its fourth-quarter financial report.
Key cues for investors were strong growth i...
In October last year, the Playboy company went public again and refused to release its famous magazines with 70 years of history and the debut picture of Marilyn Monroe in 53 of the last century.
Playboy decided to use their recognizable rabbit logo...
Net profit growth
Net profit at Japanese gaming console and video game maker Nintendo Co (T:7974). for the third quarter of fiscal 2020-2021, up 1.9 times to 375.67 billion yen ($...
Silver prices hit a record high since 2013. This is another manifestation of the retail madness that has been going on for the past week.
The news site Reddit, which allows you to post any information you like, posted messages urging private investo...
European markets trade
European stock indices ended Friday's trading lower amid lingering worries about coronavirus vaccines and volatility in US stocks.
The Stoxx Europe 600 composite index of the region's largest companies was down 1.87 per cent ...
Start of January trading
U.S. stock indices fell sharply in late January trading, with the Dow and S&P 500 indicators suffering their biggest losses in a month since October amid volatility due to fears of a market bubble over the performance of...
As the world's largest financial market, Forex offers great potential for profits, attracting both pro-tier foreign-exchange traders and beginners. It's very easy for a novice to access the market, but most newcomers quit the game after facing their ...
New York restaurants are reopening
New York City restaurants will once again be allowed to serve customers indoors. A new ordinance could go into effect on Valentine's Day.
Promising a "plan for New York restaurants" b...
Prevention from Covid-19
On Friday evening, the US Centers for Disease Control and Prevention (CDC) issued an order making it mandatory to wear protective masks on all forms of public transport. The move was&n...
Tablet sales
The global market grew 28% year-on-year in the fourth quarter of 2020 on the back of strong demand for entertainment devices during the holidays and continue work/study at home.
Strategy Analytics calculates that 62.5 million...
UK foreign policy
The UK should decide on its foreign policy and not try to simultaneously enlist both the European Union and the US as close allies. This was stated by French President Emmanuel Macron.
He said: "What course will the UK choose? It ...
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