Barry Diller, chairman of Expedia and digital media group IAC, told CNBC on Friday his companies will no longer provide long-term earnings forecasts. “Guidance is a bad business. We’re out.…
Author: FinMar News
FinMar News
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About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, a historically high number, even as the economy increasingly reopens and employers bring some…
Gap Inc.’s first-quarter sales fell 43%, the clothing maker reported Thursday, as its stores were shut for much of the period due to the coronavirus pandemic. Chief…
The group reported underlying earnings for the period of £75.6mln, down 0.9% on the first half of last year despite net revenues climbing 4.2% to £501.8mln…
Stitch Fix on Monday reported a quarterly sales decline of 9%, and a wider-than-expected net loss, as its supply chain hit a snag amid the coronavirus pandemic,…
The housing sector has been one of the most resilient areas of the economy during the coronavirus downturn, but the Moody’s Analytics chief economist Mark Zandi…
Co PLC () and Group PLC () shares offer value for patient investors, broker Peel Hunt believes. With both companies having withdrawn dividends and with a lack of…
A Warby Parker’s store in The Standard, Los Angeles, California.Michael Buckner | Getty ImagesRetail darlings Warby Parker and Allbirds launched on the internet and paved the…
Round bales of straw drying on the field are seen in front of the power station operated by RWE AG near Rommerskirchen, Germany on August 10,…
The Centers for Disease Control and Prevention on Thursday endorsed the distribution of Pfizer and BioNTech’s Covid-19 booster shots to older Americans and other vulnerable people, including those…