NKE sees China as key to global growth, leveraging its 'mono-brand market' to power long-term gains. However, short-term sales may take a hit.
Argentine market traders cautiously cheer 'future without Cristina'
BUENOS AIRES/NEW YORK (Reuters) -Argentine traders cheered on Wednesday a court's political ban on populist former President Cristina Fernandez de Kirchner, a powerful but divisive politician who often clashed with investors and creditors. The country's Supreme Court on Tuesday upheld a ruling against the former president, who was sentenced to six years in prison and banned from holding public office for fraud, rejecting an appeal by the leader of the Peronist opposition. "The specter that always looms over investors is Kirchnerism and Argentina's falling back into policies of that nature."
The charts that show why Reeves’s spending plans are a fantasy
Rachel Reeves claims she is investing in the country’s future. The Chancellor was cheered on by her front benches as she announced more money for the NHS, defence and schools in a move she boasted would lead to “a national renewal”.
5 Dividend ETFs Hovering Around a 52-Week High
Dividend ETFs like TDV, TDIV, and GCOW are hitting 52-week highs as market volatility has boosted demand for steady income.
Despite Trump Tariff Anxiety, Shoe Prices Continue to Decline — for Now
Retail footwear prices slid 1.6 percent from a year ago in May.
JPM deposit growth, Citi restructuring gains bolster Wells Fargo’s signature picks
Investing.com -- Wells Fargo added JP Morgan Chase (NYSE:JPM) and Citigroup (NYSE:C) to signature picks list. JPM was added due to strong organic growth while restructuring-driven upside was attributed for Citigroup’s inclusion.
ArcelorMittal's Canadian unit to close Hamilton wire drawing mill, lay off 153 workers
The unit's wire drawing mill in Hamilton, Ontario, will be shut down permanently in the coming weeks. This comes after the U.S. hiked tariffs on steel and aluminum imports, effective June 4, for all trading partners except Britain. Canadian companies and a major union last week warned of job losses and lost sales resulting from higher U.S. levies on steel and aluminum, as Canada prepares for reprisals over the metal tariffs.
The Latest Tempest for Tesla's Stock Looks to Have Come to an End
Tesla’s stock on Wednesday topped the price at which it closed the session before a spat between CEO Elon Musk and President Donald Trump culminated in a one-day drop of about $150 billion in Tesla’s market value.
Commvault (CVLT) is an Incredible Growth Stock: 3 Reasons Why
Commvault (CVLT) could produce exceptional returns because of its solid growth attributes.
Blackstone is going big in Europe: 'We are seeing signs of change,' says Schwarzman
Winds of change are blowing in Europe's favor as governments boost spending, particularly in defense.