Stock Markets, Business News, Financials, Earnings

Wall Street Indexes Extend Losses as U.S.-China Trade War Intensifies Apr 9
Wall Street indexes extended five-day losses to more than 12% after the trade war between the U.S. and China escalated and Trump's import taxes kicked in. AAPL NVDA TGT COST MU AMZN
Wall Street Indexes Attempt to Rebound After Three Days of Mayhem Apr 8
Stock market indexes rebounded after a 3-day sell-off as investors shifted focus to the start of earnings season with five leading banks reporting on Friday. AVGO LEVI UNH CVS HUM

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U.S. Movers: Aehr Test Systems, Cal-Maine Foods, Fila Group, MSC Industrial, Tilray Brands, Walgreens, WD-40 Apr 9
Cal-Maine Foods posted increased sales and earnings in the fiscal third quarter. Tilray Brands guided higher revenue after net loss widened in the third quarter. WD-40 raised its earnings outlook. Aehr Test Systems’ net loss shrank in the third quarter. TLRY WBA WDFC CALM AEHR
U.S. Movers: Dave & Buster’s Entertainment, Greenbrier, Levi Strauss Apr 8
Levi Strauss swung to a profit in the first quarter but issued a cautious guidance. Greenbrier increased its quarterly dividend after net earnings edged up in the second quarter. Dave & Buster’s Entertainment said comparable store sales declined 9.4% in the fourth quarter and down 7.2% in 2024. GBX PLAY LEVI

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Sony Corp. Lifts Annual Outlook Driven by Gains in PlayStation and Music Businesses Feb 17
Sony raised its full-year outlook on the back of the strength in its console and music businesses. The technology and media company plans to spin off its financial services unit by October.
Lululemon Athletica Quarterly Sales Rise 19%, Expands Stock Repurchase Plan Dec 8
The specialty apparel retailer said international sales soared but net income declined. The company board approved an additional stock repurchase plan of $1 billion. LULU

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January's Consumer Price Inflation Supports Fed's Resolve to Delay Rate Cuts Feb 12
The rebound in inflation in January was driven by an increase in prices for food, fuel, and passenger cars. Elevated shelter continues to drive most of the inflation and underscored the Fed's reluctance to deliver additional rate cuts in the imminent future.
U.S. Job Growth Slowed by Solid In January, Wage Growth Supports Fed's Rate Case Feb 8
Wall Street indexes were little changed after nonfarm payrolls increased at a slower pace in January, but wage growth in the month stayed sharply ahead of the Fed's inflation goals.

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China's Bubble Tea Chain Mixue Group's IPO Attracted Huge Interest from Retail Investors Mar 3
The rapidly growing affordable beverage chain operator's public offering became the most popular ever in Hong Kong, with 6,000 times oversubscribed.
Heidelberg Materials Enlarges U.S. Footprint with Giant Cement Acquisition Nov 28
Heidelberg Materials agreed to acquire the U.S.-based Giant Cement and its subsidiaries from Mexican billionaire Carlos Slim controlled company listed in Spain.

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Europe Markets Resume Slide Amid U.S. Tariff Policy Chaos and Lack of Plans Apr 9
European stocks resumed their slide amid the rapidly escalating trade war between the world's two largest economies. The U.S. tariffs on imports kicked in, and the presidential administration sent conflicting signals about its trade policy.
Europe Markets Recover 2% Amid Elevated Trade Tensions Apr 8
European markets rebounded following sharp losses in the previous session as the European Union and the U.S. exchanged offers. France's trade deficit widened after imports rose at a faster pace than exports in February.

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Europe Movers: 3i Infrastructure, Bang & Olufsen, Saga Apr 9
Saga Plc, the UK-based retirement products provider, said revenue increased in 2024, but losses widened amid challenging market conditions. Bang & Olufsen, the Swedish audio and TV products maker, swung to a loss year-to-date. 3i Infrastructure raised its dividend.
Europe Movers: Hilton Food, OMV Apr 8
Hilton Food Group, the meat packaging company, raised its dividend after net income edged up in 2024. OMV, the Austria-based chemical and energy company, said it plans to post first quarter earnings results on April 30.

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Japan's Nikkei Down 4% as U.S. Tariffs On Asian Imports Take Effect Apr 9
Japan's benchmark indexes erased gains of the previous session after U.S. tariffs on Asian goods went into effect. Japanese executives are increasingly factoring in high trade barriers with the U.S. and are looking to other markets for future growth.
Investor Sentiment In Shanghai and Hong Kong Waver After China and Asia Tariffs Kick In Apr 9
The U.S. tariffs of 104% went into effect this afternoon Hong Kong time, and Beijing political leaders prepare to impose stiff tariffs on U.S. services providers and leading tech companies.

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India Movers: P. N. Gadgil, Ganesh Housing, 5paisa, MCX, Karur Vysya Bank, Mangalore Refinery, Supreme Industries Apr 9
Multi Commodity’s net income swung to a profit in the December quarter. Supreme Industries reported mixed results in the December quarter. Ganesh Housing reported a sharp jump in revenue and earnings in the December quarter.
India Movers: Alok Industries, D B Corp, Digicontent, Khaitan Chemicals, Wipro, Vinyl Chemicals, ICICI Lombard, Aether Industries Apr 8
Aether Industries reported a sharp jump in revenue and earnings in the December quarter. Digicontent’s net income swung to a profit in the December quarter. Wipro reported a 25% rise in its earnings and announced an interim dividend.

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How Can Argentina Regain Growth Momentum and Avoid Dollarization? Mar 25
Argentina’s persistent financial crisis is rooted in its failure to diversify its economic base away from agriculture and mining activities and to ignore its human capital potential for decades.
Is Twitter Dying? Nov 18
The social media platform's rapid rise brought a flood of users from all walks of life. Twitter's popularity also attracted politicians, regulators and investors, all competing to bend the platform to meet their needs. TWTR