reuters
BRIEF-American Overseas Group Q1 EPS USD 69.82
Jun 29 (Reuters) - American Overseas Group Q1 net income USD 3.3 million.
NEWS reuters
Oil stocks in US Strategic Petroleum Reserve fall by 5.5 million to lowest level since 1983
Stocks of crude oil in the U.S. Strategic Petroleum Reserve fell by 5.5 million barrels to 325.7 million barrels, the lowest level since May 1983, according to data from the Department of Energy.The drawdowns are a part of a U.S. agreement to release 172 million barrels from the facility to plug a…
reuters
Franklin Covey Co expected to post earnings of 27 cents a share - Earnings Preview
Previous quarterly performance (using preferred earnings measure in US dollars). This summary was machine generated June 29 at 20:02 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact [email protected]. For any other questio…
reuters
Bassett Furniture Industries Inc expected to post earnings of 20 cents a share - Earnings Preview
Bassett Furniture Industries Inc NASDAQ:BSET is expected to show a fall in quarterly revenue when it reports results on July 1 for the period ending May 31 2026The Bassett Virgin
reuters
Culp Inc expected to post a loss of 11 cents a share - Earnings Preview
Culp Inc NASDAQ:CULP is expected to show a rise in quarterly revenue when it reports results on July 1 for the period ending April 30 2026The High Point North Carolina-based com
reuters
BRIEF-Concentrix Q2 Adjusted EPS USD 2.63 Vs. IBES Estimate USD 2.64
Jun 29 (Reuters) - Concentrix Q2 adjusted operating margin 11.9%.
French parliament passes fast-fashion law to curb Shein and Temu
France's Senate passed a revised version of a bill on Monday aimed at curbing online fast-fashion retailers such as Shein, Temu, which is owned by PDD Holdings NASDAQ:PDD, and AliExpress NYSE:BABA, after more than two years of debate and discussion between the upper and lower houses of parliament a…
reuters
Jana Builds Bigger Stake In FinTech Alkami And Pushes For Sale - Bloomberg News
JANA BUILDS BIGGER STAKE IN FINTECH ALKAMI AND PUSHES FOR SALE - BLOOMBERG NEWSJANA HAS AMASSED AN ECONOMIC STAKE OF MORE THAN 10% IN ALKAMI - BLOOMBERG NEWS
NEWS reuters
US judge blocks labor board's Trump-era move to take control over union elections
By Nate RaymondA federal judge on Monday blocked the U.S. agency that oversees union elections for federal employees from shifting authority over all labor representation decisions to its top body, which is dominated by Republicans appointed by President Donald Trump.Chief U.S. District Judge Denis…
NEWS reuters
CBOT wheat ticks down
Chicago Board of Trade wheat futures ticked down on Monday as traders positioned ahead of the U.S. Department of Agriculture's stocks and acreage report a day later, and large supply prospects weighed on futures, analysts said.
Stocks and oil prices rise with eyes on Iran; yen touches 40-year low vs dollar
By Harry Robertson and Rodrigo CamposA global gauge of stock markets rose on Monday as investors tracked the implementation of an interim peace deal between Iran and the U.S., even as oil prices rose after tit-for-tat attacks underscored the risk of escalation.European equities ended flat but Wall…
Dollar slips, yen reaches 40-year low
By Karen Brettell and Amanda CooperThe dollar dropped on Monday but remained near a 13-month high, supported by optimism over U.S. economic growth, the prospect of Federal Reserve interest rate hikes and a continuing AI-driven boom in U.S. equity markets that has been drawing in capital at a rapid…
NEWS reuters
The construction failures and risky geography behind Venezuela's quake tragedy
By Maxwell Briceno and Sarah KinosianWhen late Venezuelan leader Hugo Chávez built this coastal housing development bearing his name as part of his socialist revolution, residents found a fresh start after deadly floods had decimated the area more than a decade earlier.But after two back‑to‑back e…
reuters
Electrolux Group Submits Claims Related To Refund Of IEEPA Tariffs Of About $88 Million
Electrolux AB OMXSTO:ELUX_A:
reuters
NEWS reuters
Trump signs memo making easier for Americans to fix own vehicles
President Donald Trump on Monday signed a presidential memorandum which aims to improve Americans' ability to repair their own vehicles.
Polestar's US setback leaves owners asking: who will service my car?
By Nora EckertWhen Ryan Rodriguez landed a great deal on a model year 2024 Polestar NASDAQ:PSNY earlier this month, he did not anticipate the brand would soon be in trouble in the United States.Last week Polestar, which is majority-owned by China's Geely Holding HKEX:175, said it was denied an auth…
NEWS reuters
Argentina economic activity grows less than expected in April
Argentina's economic activity grew less than expected in April, official data showed on Monday, as gains in mining and agriculture were partly offset by weakness in manufacturing and commerce.The 1.6% increase in Latin America's third-largest economy fell short of the 2.2% growth projected by analy…
Lilly, Regeneron selected for US program to review new manufacturing plants faster
The U.S. Food and Drug Administration on Monday selected Eli Lilly NYSE:LLY, Regeneron NASDAQ:REGN and five other companies for a pilot program to accelerate reviews of new domestic pharmaceutical manufacturing facilities.Drugmakers, including Lilly and Regeneron, are pledging billions to shift mor…
NEWS reuters
Argentina economic activity grows less than expected in April
Argentina's economic activity climbed 1.6% in April compared with the same month a year earlier, data from Argentina's national statistics agency showed on Monday.The increase for Latin America's third-largest economy fell short of the 2.2% growth projected by analysts polled by Reuters and slowed…