News Highlights: Top Company News of the Day
Lowe's stock falls as spending pullback drives cut to earnings outlook
Lowe's shares were falling in Tuesday's premarket trading after
the company trimmed its full-year outlook and called out pressure
on discretionary spending.
Kohl's Earnings Look Good but Sales Are a Different Story. The Stock Is Falling.
The retailer beats quarterly earnings estimates but falls short
Best Buy Misses on Sales and Lowers Guidance. Consumer Demand Is 'Uneven.'
The company's earnings came in ahead of expectations, but
revenue trends are still choppy.
Ilya Sutskever: The OpenAI Genius Who Told Sam Altman He Was Fired
The company's chief scientist led a board coup against one of
the most prominent figures in Silicon Valley.
Abercrombie & Fitch Had a Stellar Quarter. Here's Why the Stock Is Lower.
Retailer Abercrombie topped third-quarter estimates, and raised
guidance, but shares are lower after a huge run-up this year.
The Big Bank With a $15 Billion Conundrum in China
HSBC has a big stake in a Chinese lender that it can't easily
sell and that could require a big write-down.
Wyndham Rebuffs Latest Takeover Attempt From Choice Hotels
Choice CEO Pat Pacious sought to restart negotiations in a Nov.
GM's Driverless Taxis Need to Slow Down
A more cautious approach can rebuild trust, but will also
threaten the commercial promise that kept robotaxi venture Cruise
on the road financially.
Biden's Electric-Vehicle Push Hits a Speed Bump
Mining projects are being delayed after a plunge in prices for
metals used in batteries.
Siemens Energy Eyes Gamesa Profits After Fiscal 2026
Siemens Energy said it has defined a plan for its troubled
wind-turbine unit to reach breakeven by fiscal 2026 and return to
(END) Dow Jones Newswires
November 21, 2023 09:00 ET (14:00 GMT)
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