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 […]
August 21, 2019

Uniper workers urge Fortum to spell out future plans to allay downgrade fears

Labor representatives at Uniper , fearing a ratings downgrade in the event of a full takeover of the German energy group, have called on major shareholder […]
August 21, 2019

Futures gain on upbeat Target, Lowe’s earnings; Fed minutes eyed

U.S. stock index futures rose on Wednesday as upbeat earnings reports from retailers Lowe’s and Target reflected robust consumer demand, helping ease some concerns around slowing […]
August 21, 2019

Target raises profit forecast as online sales power second-quarter beat

Target Corp beat Wall Street estimates for quarterly profit and raised its annual forecast on Wednesday, as higher investments to cater to changing shopping habits lifted […]
August 21, 2019

Texas shale towns grapple with growth as oil-bust fears fade

In west Texas, the center of the U.S. oil boom, about 3,800 students at Permian High School are crammed into a campus designed for 2,500, with […]
August 21, 2019

Resale clothing company thredUP gets $175 million in funding

Online resale store thredUP said on Wednesday it received $175 million in funding which it will use to expand its platform to offer resale clothing services […]
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