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Macy's raises annual forecasts as Bloomingdale's drives growth

Macy's raises annual forecasts as Bloomingdale's drives growth

Sept 10 (Reuters) - Macy's raised its annual sales and profit forecasts on Thursday after stronger performance at its upmarket Bloomingdale's and Bluemercury chains as higher-income shoppers keep spending despite broader economic uncertainty.
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American Eagle shares slide as flat margin outlook, weak core brand weigh

American Eagle shares slide as flat margin outlook, weak core brand weigh

Sept 10 (Reuters) - American Eagle Outfitters' shares slumped over 11% in premarket trading on Thursday, following a flat quarterly gross-margin forecast as persistent softness at the company's core brands outweighed a second-quarter revenue beat.
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Navan raises fiscal 2027 forecast on strong corporate travel demand, customer growth

Navan raises fiscal 2027 forecast on strong corporate travel demand, customer growth

Sept 9 (Reuters) - Corporate travel and expense platform Navan raised its full-year forecasts for revenue and operating income on Wednesday, as strong demand for business travel and addition of new customers drive growth.
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Oil prices hold near six-week high after Houthis hit Saudi sites

Oil prices hold near six-week high after Houthis hit Saudi sites

By Scott DiSavino Sept 8 (Reuters) - Oil prices held near a six-week high on Tuesday after Iran-backed Houthis in Yemen attacked Saudi energy facilities, setting oil installations ablaze and threatening a major expansion of the six-month-old Middle East war.
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Tiffany Co. Opens New Blue Box Café in Southern California

Tiffany Co. Opens New Blue Box Café in Southern California

Tiffany Co. Opens New Blue Box Café in Southern California
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American Eagle Outfitters Faces Q2 Revenue Growth with Anticipated EPS Decline Amidst Strategic Partnerships

American Eagle Outfitters Faces Q2 Revenue Growth with Anticipated EPS Decline Amidst Strategic Partnerships

American Eagle Outfitters Faces Q2 Revenue Growth with Anticipated EPS Decline Amidst Strategic Partnerships
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Baker Hughes raises annual forecasts after Chart purchase, signals LNG recovery ahead

Baker Hughes raises annual forecasts after Chart purchase, signals LNG recovery ahead

By Vallari Srivastava and Pranav Mathur Sept 9 (Reuters) - U.S. oilfield services provider Baker Hughes raised its full-year forecasts on Wednesday, reflecting the benefits of its $13.6 billion acquisition of industrial equipment maker Chart Industries.
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US holiday retail sales growth set to accelerate, Deloitte says

US holiday retail sales growth set to accelerate, Deloitte says

Sept 10 (Reuters) - U.S. holiday retail sales are expected to grow by as much as 4.8% this year, Deloitte said on Thursday, as rising disposable incomes help support spending in the crucial shopping season despite consumers' continued focus on value.
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Smithfield Foods expects to swing to third-quarter operating loss in fresh pork business

Smithfield Foods expects to swing to third-quarter operating loss in fresh pork business

Sept 8 (Reuters) - Smithfield Foods said on Tuesday its fresh pork segment is expected to swing to an adjusted operating loss in the third quarter, due to persistent pressure from lower hog prices and a shrinking industry market spread amid cautious spending.
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Paramount says California AG contradicted bond arguments in TV interviews

Paramount says California AG contradicted bond arguments in TV interviews

By Jody Godoy Sept 8 (Reuters) - Paramount Skydance said on Tuesday that California Attorney General Rob Bonta made statements in television interviews that undermine his legal arguments against the company's request for a $1.88 billion bond in the Warner Bros. Discovery merger case. 
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Kalshi's $400 million-plus monthly commodity trade volume outpaces early crypto growth

Kalshi's $400 million-plus monthly commodity trade volume outpaces early crypto growth

Sept 8 (Reuters) - Prediction market startup Kalshi said on Tuesday monthly commodities trading volume on its platform was four times that of cryptocurrency at the same point, seven months after launch.
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MassMutual Seeks Head of Strategic Finance for Enterprise Technology and Global Business Services

MassMutual Seeks Head of Strategic Finance for Enterprise Technology and Global Business Services

MassMutual Seeks Head of Strategic Finance for Enterprise Technology and Global Business Services