Nike and Lululemon Athletica Are Cutting Staff in a Tough Year for Sports Gear
Nike is laying off approximately 740 employees, while Lululemon is trimming a little over 128 jobs as it shutters a distribution center.
Nike is laying off approximately 740 employees, while Lululemon is trimming a little over 128 jobs as it shutters a distribution center.
1. The Tories are on course for an electoral wipeout of some description, with the party expected to lose around half the council seats it was defending. 2. But Rishi Sunak can breathe a sigh of relief in that Ben Houchen has held the Tees Valley mayoralty while Andy Street looks set to cling on in the West Midlands. Three years ago, Houchen won by 46 points.
Wall Street's main indexes advanced on Friday after a softer-than-expected jobs report revived hopes of the Federal Reserve cutting interest rates this year, while gains in Apple and Amgen on upbeat corporate updates added support. U.S. job growth slowed more than expected in April and the increase in annual wages fell below 4% for the first time in nearly three years, while the unemployment rate stood at 3.9% compared with expectations that it would remain steady at 3.8%.
Q1 2024 Ryan Specialty Holdings Inc Earnings Call
InterDigital, Inc. (NASDAQ:IDCC) Q1 2024 Earnings Call Transcript May 2, 2024 InterDigital, Inc. beats earnings expectations. Reported EPS is $2.88, expectations were $2.75. InterDigital, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day and thank you for standing […]
Italy's biggest bank Intesa Sanpaolo on Friday said it had acquired some 90,000 new customers through its digital-only arm Isybank, after an antitrust decision effectively halted the migration of existing clients. Italy's competition authority dealt a blow to Intesa's fintech ambitions in November when it ruled the bank had to obtain explicit consent from the around 4 million clients it planned to move to Isybank based on their digital habits. Intesa had informed customers digitally of an opt-out deadline.
Google's preeminence as an internet search engine is an illegal monopoly propped up by more than $20 billion spent each year by the tech giant to lock out competition, Justice Department lawyers argued at the closings of a high-stakes antitrust lawsuit. Google, on the other hand, maintains that its ubiquity flows from its excellence, and its ability to deliver consumers the results that it's looking for. The government and Google made their closing arguments Friday in the 10-week lawsuit to U.S. District Judge Amit Mehta, who must now decide whether Google broke the law in maintaining a monopoly status as a search engine.
Singapore, May 03, 2024 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) ("Genius Group" or the "Company"), a leading provider of AI-powered, digital-first education solutions, today announced that it will be participating in the Sidoti Micro Cap Conference virtually Wednesday, May 8 and Thursday, May 9, 2024. The Company is scheduled to present on Wednesday, May 8th, at 10:00 a.m. Eastern Time. To access the presentation please visit GNS webcast link. Members of Management and the
Dominating the Network Security Firewall Market with Next-Gen Solutions! Stay Ahead of Threats and Competition with Cutting-Edge Firewall Technologies. Dive into Our Comprehensive Market Research Analysis for Top Sales Strategies and Profitable InsightsLewes, Delaware, May 03, 2024 (GLOBE NEWSWIRE) -- The Global Network Security Firewall Market is projected to grow at a CAGR of 13.30% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the
MELVILLE, N.Y., May 03, 2024 (GLOBE NEWSWIRE) -- Data Storage Corporation (Nasdaq: DTST) (“DSC” and the “Company”), a provider of diverse business continuity solutions for disaster-recovery, cloud infrastructure, cyber-security, and IT services, today announced that it plans to host a conference call at 11:00 a.m. Eastern Time on Wednesday, May 15, 2024, to discuss the Company's financial results for the first quarter of 2024 which ended March 31, 2024, as well as corporate progress and other de
Texas Roadhouse, Inc. (NASDAQ:TXRH) Q1 2024 Earnings Call Transcript May 2, 2024 Texas Roadhouse, Inc. beats earnings expectations. Reported EPS is $1.69, expectations were $1.65. Texas Roadhouse, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good evening, and welcome […]
WESTPORT, Conn., May 03, 2024 (GLOBE NEWSWIRE) -- HMG Strategy, the World’s #1 platform for enabling technology executives to reimagine the enterprise and reshape the business world, is excited to be hosting its 8th Annual New York CISO & Technology Leadership Summit on June 11 at The Harvard Club of New York. CISOs, CIOs and other cybersecurity leaders at the event will explore the steps needed to safeguard data used in GenAI-focused initiatives. “CISOs, cybersecurity leaders and their teams ar
Developers have signed a lease with Redcar's council for the former Coatham Bowl site.
Employers in the US added 175,000 jobs in the US in April, while the unemployment rate ticked up to 3.9%.
Shares of Block (SQ) are moving up Friday morning — gains eventually pulling back after the market open, but remaining in the green — after the fintech company posted its first-quarter earnings results, revealing a 22% gain in gross profit, compared to one year ago. The company announced that they plan on using 10% of those profits from bitcoin (BTC-USD) products, to buy more bitcoin as an investment. Morning Brief Anchor Brad Smith breaks down the latest development for Block as it leans heavier into investing in bitcoin For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
Trupanion, Inc. (NASDAQ:TRUP) Q1 2024 Earnings Call Transcript May 2, 2024 Trupanion, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, everyone, and welcome to the Trupanion First Quarter 2024 Earnings Call. All participants will be in a […]
Zymeworks Inc. (NYSE:ZYME) Q1 2024 Earnings Call Transcript May 2, 2024 Zymeworks Inc. misses on earnings expectations. Reported EPS is $-0.41513 EPS, expectations were $-0.31. Zymeworks Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Thank you for standing by. […]
On the hunt for the best waterproof mascara? We've reviewed some of the UK's top-rated formulas, from Maybelline to Too Faced and even Dior. Here are 10 to try.
Canada's Magna International missed first-quarter profit estimates and cut its full-year overall sales forecast on Friday, as auto parts suppliers navigate ongoing supply constraints and bumpy demand for electric vehicles. Auto parts suppliers have been struggling with lower-than-expected demand for their EV components, as carmakers shift their focus toward producing affordable hybrid vehicles instead. Magna, which produces powertrains, along with assembling complete vehicles, signed agreements with Fisker in 2020 to engineer and manufacture its Ocean SUV.
Family praises 14-year-old as a ‘wonderful child’ as stabbing suspect Marcus Monzo appears in court