Tag: Retail
L’Occitane shares rise on report of potential Blackstone offer
L’Occitane International’s shares rose sharply after a report that Blackstone is considering a bid for the skincare company. L’Occitane’s shares 973, +8.46% gained 9.4% to [Read more about this post…]
Gap brings aboard fashion designer Zac Posen as creative director
Gap Inc. on Monday said it had appointed fashion designer Zac Posen as the clothing retailer’s new creative director and chief creative officer of Old [Read more about this post…]
Just in time for the Grammys, here’s a whiskey from country star Chris Stapleton
The bottle Traveller Whiskey, $39.99 The back story It’s the big Grammy Awards weekend. So here at Weekend Sip, that naturally has us thinking about [Read more about this post…]
Amazon says the ‘magic words.’ They spurred a $130 billion market-cap boost.
Three months back, Amazon.com Inc. executives sent investors scrambling for their dictionaries as they called out “attenuating” — or lessening —pressures on the AWS cloud-computing [Read more about this post…]
Amazon’s big earnings beat and upbeat cloud talk send its stock soaring
Amazon.com Inc. closed out last year with a big quarter of profit growth — and it signaled that a recent acceleration in its all-important cloud-computing [Read more about this post…]
Opinion: Meta stuns Wall Street with its first dividend. Amazon and Alphabet may be next.
Meta Platforms Inc. surprised Wall Street on Thursday with its first-ever dividend, a move that’s likely Silicon Valley’s most monumental dividend decision since Apple Inc. [Read more about this post…]
‘If I say the sky is blue, she’ll tell me it’s green’: My daughter, 19, will inherit $800,000. How can she invest in her future?
I have a 19-year-old college-sophomore daughter who is coming into a large sum of money — around $800,000. What is the best way for her [Read more about this post…]
Oreo-maker Mondelez calls for slower growth this year
Global snacks giant Mondelez International Inc. late Tuesday called for slower growth this year, hedging that its outlook comes amid “greater-than-usual volatility as a result [Read more about this post…]
Red Sea disruption forces retailers to rethink back-to-school, holiday shipments
The disruption caused by Houthi attacks on cargo ships in the Red Sea is forcing U.S. retailers to rethink how back-to-school and holiday shipments are [Read more about this post…]
Five-star fund manager bets on cheap AI, beer and China plays
We’ve got big tech earnings on the way from Microsoft and Alphabet, as a Fed meeting looms. What are big money managers worried about? “The [Read more about this post…]