Nike CEO John Donahoe to Step Down
admin Nike, Inc. announced that its CEO, John Donahoe, will be stepping down from his role effective March 13,…
Business
Dow Surges to Record High on Fed Rate Cut
The Dow Jones Industrial Average surged to a new record high on Wednesday, following the Federal Reserve’s decision…
FedEx Earnings Miss Estimates, Stock Drops
FedEx Corporation reported lower-than-expected earnings for the third quarter on Tuesday, citing higher operating costs and weaker demand…
FedEx and Lennar Earnings Preview
FedEx is set to report its fiscal third-quarter earnings on Tuesday, with analysts expecting earnings per share of…
Nike’s Negative Outlook but Still Not Undervalued with Price Drops
Nike’s stock price dropped after the company issued a negative outlook for the fiscal year. Despite the price…
Red Lobster Exits Bankruptcy, Damola Adamolekun Appointed CEO
Red Lobster has emerged from bankruptcy protection. The seafood restaurant chain, owned by Golden Gate Capital, has appointed…
CBOE to Launch New CBOE S&P 500 Variance Futures on September 23
The CBOE Global Markets, Inc. (CBOE) announced that it will launch new CBOE S&P 500 Variance Futures on…
Biden signs $1.2tn infrastructure bill into law
US President Joe Biden has signed the $1.2tn (£900bn) infrastructure bill into law. The legislation includes funding for…
Morgan Stanley Downgrades Elanco to Equal Weight
Morgan Stanley has downgraded Elanco (ELAN) from Overweight to Equal Weight, citing valuation concerns and potential headwinds from…
NASDAQ: TQQQ Files SEC Form 13F for Q3 2024
The Exchange-Traded Fund (ETF) managed by Invesco, NASDAQ: TQQQ, has filed its quarterly report with the Securities and…