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: 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
U.S. Stock Movers: Carparts.com, Dollar Tree, Chewy Mar 27
Carparts.com reported lower sales in 2024, and net loss widened. Dollar Tree agreed to sell its Family Dollar business at a steep loss after about a decade. Chewy’s net sales advanced in the fourth quarter, but income declined. PRTS CHWY DLTR

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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: 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.
Europe Movers: Aroundtown, CTS Eventim, Deutsche Wohnen, H&M, Next Plc, Wacker Neuson Mar 27
H&M's profit slumped amid challenging market conditions. Aroundtown swung to a profit in 2024. CTS Eventim said the increase in revenue was driven by a strong fourth quarter and international acquisitions. Next, they reported strong 2024 results. Wacker Neuson lowered its dividend amid weak market demand for construction equipment.

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Japan Indexes Plunged 4% Following Wall Street Weakness, Retail Sales and Industrial Output Painted Mixed Picture Mar 31
Japan's benchmark indexes plunged following losses on Wall Street amid looming U.S. tariffs. Retail sales advanced for the 35th month in a row, and industrial output rebounded in February.
China Injects Capital In Four Largest Banks, Business Activities Expands in March Mar 31
China's manufacturing sector activities expanded for the second consecutive month, and the non-manufacturing activities rose for the third consecutive month in March. The finance ministry arranged the injection of capital in the four largest banks.

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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.
India Movers: : Dish TV, Bannari Amman, Superhouse, Regency, Suryalakshmi Cotton, DIGJAM, Panacea Biotec, Tarsons Mar 26
Dish TV India Ltd reported a sharp jump in revenue and earnings in the December quarter. Panacea’s net income swung to a profit in the December quarter. Regency said consolidated loss expanded and revenue increased 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