With a challenging consumer environment and a firestorm over its CEO’s support of President Trump, Under Armour’s first quarter results could have been disastrous. Instead, the company posted a smaller-than-expected quarterly loss Thursday, sending the stock for a surge.
Month: April 2017
The Latest: Spicer calls judge’s decision ‘egregious’
SAN FRANCISCO (AP) — The Latest on a federal judge's ruling that blocked a Trump administration order to withhold funding from sanctuary cities (all times local):…
US judge blocks Trump’s threat to withhold city funding
The judge called the order “a weapon” that could be used by the president against local governments.
Trai to invite stakeholder comments on spectrum auction in 15 days
This comes when the telecom industry is battling fierce competition and shrinking profits
Novartis Q1 profit slips as spending on Alcon, Entresto continue
Novartis’s first-quarter core net income fell 4 percent, it said on Tuesday.
Mean reversion in consumer sentiment index
The week ended April 23 was a second straight week of decline for the CMIE Consumer Sentiment Index
Red flags were raised over Reading FC’s suitors
Premier League probed Dai family’s finances during bid for Hull City
James Bond For Sale: A Look At The Studios Gunning For The Next 007 Movie
Who has what to gain from winning distribution rights for the next James Bond adventure?
Exclusive: Buffett likely voted shares to back Wells Fargo board
NEW YORK (Reuters) – Wells Fargo & Co’s largest investor, Warren Buffett, has likely already voted his shares to support the bank’s recommendations at its contentious annual shareholder meeting next week, a representative told Reuters on Wednesday, which include reinstating most of the board’s directors.
NSW government backs away from parliamentary report into Airbnb-type rentals
Airbnb watchers were left hanging on Wednesday when long-anticipated proposals for new legislation on short-term holiday lets were put on hold by the NSW government.
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