Mortgage Rates Rise for the Third Week in a Row
According to data released by Freddie Mac, mortgage rates in the United States have increased for the third consecutive week. This rise comes as the economy demonstrates signs of strength…
Siemens Reports Positive Q3 Results
Siemens, the German industrial company, has released its fiscal third-quarter results. Here's what you need to know: Orders In the three months leading up to June, Siemens received orders worth…
Tapestry Inc. to Acquire Capri Holdings Ltd.
Fashion company Tapestry Inc., known for its brands Coach and Kate Spade, has announced its agreement to acquire Capri Holdings Ltd., the parent company of Michael Kors, Jimmy Choo, and…
Capital & Regional Reports Decrease in Net Profit for First Half
Capital & Regional announced that its net profit for the first half of the year has decreased compared to the previous year. The company, which operates as a shopping centers…
Soho House Reports Narrowed Loss and Strong Membership Growth
By Will Feuer Soho House, the renowned membership-based hotel and club operator, has announced its financial results for the second quarter. Despite the challenges posed by the pandemic, the company…
Spectrum Brands Reports Sales Decline in Third Quarter
Spectrum Brands Holdings, the home-essentials company, has announced a decrease in sales for the fiscal third quarter, with short-term demand headwinds expected to continue in the current quarter. Here are…
Deutsche Telekom to Report Q2 Results
Deutsche Telekom, the German telecommunications company, is set to release its second quarter results on Thursday. Here are the key details you need to know: Revenue Forecast According to consensus…
Lyft Faces Challenges in the Ride-Hailing Market
Lyft, the popular ride-hailing company, reported its second-quarter earnings with mixed results. Despite narrowing its losses, Lyft's revenue growth fell short compared to its main competitor, Uber. Narrower Losses Lyft's…
Barrick Gold Reports Decline in Q2 Profit
Barrick Gold, the Canadian mining major, announced a decrease in net income for the second quarter, attributed to lower production and increased costs during the period. The company reported a…
Walt Disney Co. Faces Challenges in Linear Television
Atlantic Equities analyst Hamilton Faber expresses concerns about the future of Walt Disney Co. (Disney) in linear television, dubbing it a potential "negative tipping point" for the company. In light…
Danaher Posts Lower Sales in Q2 as Covid-19 Product Demand Slows
Danaher - the health-care and laboratory-supply company - reported a decrease in sales for the second quarter due to a decline in demand for Covid-19 products. Despite this, the company…
Northcoders Group Reports Revenue Growth and Secures Funding
Northcoders Group has announced that its revenue for the first half of the year has increased, and it is optimistic about achieving further growth throughout the rest of the year.…