Stock Markets, Business News, Financials, Earnings

Wall Street Indexes Deepen Losses Ahead of Import Tax Rollout Mar 31
Wall Street indexes deepened losses to correction territory ahead of the start of the reciprocal tariff wars on April 2 launched by the White House. Economists are dialing down first quarter economic growth expectations to close to zero. TSLA GM F NVDA SCS
Wall Street Indexes Extend Weekly Losses to 4% Amid Persistent Elevated Inflation Worries Mar 28
The S&P 500 index and the Nasdaq Composite dropped nearly 2% and extended weekly losses to 4% after the latest inflation update confirmed persistent upward pressures on prices. TSLA LULU GM BRZE

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U.S. Movers: PVH, Steelcase Apr 1
Steelcase said revenue and net income climbed in the fiscal fourth quarter of 2025, and the furniture design company guided for higher sales in the current quarter. PVH Corp., the parent company of Calvin Klein and Tommy Hilfiger, announced a further share repurchase plan for 2025. PVH SCS
U.S. Movers: Haier Smart Home, Li Ning Co., Lululemon Mar 28
Lululemon reported strong results in the fourth quarter, but guidance disappointed investors. Li Ning Co. raised its final dividend after increased sales in 2024. Haier Smart Home reported higher sales and earnings for 2024. LULU

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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 Extend Losses Amid Looming U.S. Import Tax on Vehicles Mar 31
Stock market indexes across Europe fell as much as 1% ahead of the implementation of the U.S. import tax on vehicles. Germany's consumer price inflation slowed to a four-month low of 2.2% in March.
European Markets Extend Weekly Losses to 2%, France's Inflation Holds Steady Below 1% Mar 28
European markets extended weekly losses to 2%, driven by a 5% decline in stocks in the automobile sector. The UK's retail sales advanced in February, and GDP and France's inflation remain below 1% for the second consecutive month in March.

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Europe Movers: Dragerwerk, Pets At Home Apr 1
Dragerwerk raised its dividend after increased profit and earnings per share in 2024. Pets At Home continued with its cost-cutting program, but the retailer expects lower pre-tax profit in the current fiscal year.
Europe Movers: United Internet, Vossloh Mar 31
United Internet reported lower hardware sales, while total sales advanced 2% in 2024. Vossloh, the German rail infrastructure company, held out for higher annual sales driven by significant increases in China, the U.S., and Germany.

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Japan's Jobless Rate Eased In February, Business Sentiment Index Dropped to One-Year Low Apr 1
Japan's business sentiment among large manufacturers dropped to a one-year low in the first quarter. Japan's jobless rate unexpectedly eased in February, and the labor market expanded for the 31st consecutive month.
China Manufacturing Activities Slowly Improve, Stock Indexes Retain Upward Bias Apr 1
China indexes extended monthly and quarterly gains after a private survey showed activities in the manufacturing sector expanded at the fastest pace in four months.

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India Stock Movers: Tech Mahindra, SBI Life Insurance, Sterlite Tech, Seshasayee Paper, Aether, Ponni Sugars, Ramkrishna, Supreme Petrochem Apr 1
Seshasayee Paper reported a sharp decline in revenue and earnings in the December quarter. Sterlite tech said consolidated loss shrank after revenue increased in the December quarter.
India Movers: Ajanta Pharma, Banaras Beads, Dodla Dairy, CARE Ratings, Indo National, Hester Biosciences, Gulshan Polyols, Alankit Mar 28
Dodla Dairy said profit soared 54% in the fiscal third quarter and announced an interim dividend. Hester Biosciences reported a two-fold increase in earnings in the December quarter. Indo National swung to a loss in the December quarter.

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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