August 21, 2019

Nordstrom misses quarterly revenue estimates

Department store chain Nordstrom Inc reported quarterly sales below analysts’ expectations on Wednesday, as the upscale retailer struggled to attract shoppers to both its full-price and […]
August 21, 2019

Fannie Mae names former FDIC chair Sheila Bair to board

U.S. mortgage financing agency Fannie Mae said on Wednesday it named former Federal Deposit Insurance Corp chair Sheila Bair to its board. Powered by WPeMatico
August 21, 2019

Fed was divided on rate cut, wanted to avoid appearing on path for more cuts

Federal Reserve policymakers were deeply divided over whether to cut interest rates last month but were united in wanting to signal they were not on a […]
August 21, 2019

Global stocks lead risk rally ahead of Fed minutes

A global equities gauge rose on Wednesday for a third day in four as bets on more economic stimulus overcame, for now, worries over the rising […]
August 21, 2019

Ryanair fails to stop UK pilots’ strike but wins case in Ireland

An Irish court granted an injunction on Wednesday to prevent Ryanair’s Dublin-based pilots from going on strike, but the airline suffered a setback when a London […]
August 21, 2019

Target shares surge on same-day delivery boost

Target Corp raised its profit outlook for the year on Wednesday as its investments in same-day delivery and pick-up services increased traffic to its website and […]
August 21, 2019

U.S. markets regulator proposes new guidelines on shareholder advisers

The U.S. Securities and Exchange Commission on Wednesday proposed new guidance that aims to clarify how investors and advisory firms that vote on their behalf should […]
August 21, 2019

U.S. home sales jump, boosted by lower mortgage rates

U.S. home sales rose more than expected in July, boosted by lower mortgage rates and a strong labor market, signs the Federal Reserve’s shift toward lower […]
August 21, 2019

Nestle to invest almost $250 million in Brazil over the next three years

Nestle SA said on Wednesday it will invest 1 billion reais (about $250 million) in Brazil’s Sao Paulo state over the next three years to introduce […]
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