Victoria's Secret says year will 'gradually get better' despite wobbly consumer confidence
Victoria's Secret & Co. on Wednesday said it expects the year ahead to "gradually get better," despite what it characterized as shaky consumer confidence and sales forecasts that came in below expectations.
Marvell's stock sinks on earnings, showing Wall Street's harsh view of AI plays
Marvell beat expectations with its latest quarterly results and outlook, but that wasn't enough to lift the stock.
Starbucks CEO Tells Workers to Step It Up After Layoffs
Brian Niccol said the coffee chain's turnaround hinges on greater accountability: "We own whether or not this place grows."
Tesla has another bad month in Germany as sales tumble 76%
Tesla has its second straight difficult month in Germany, as data released Wednesday showed that vehicle registrations fell 76% in February in Europe's largest economy.
New Version of Merck's Blockbuster Cancer Drug Threatened by Patent Battle
The company has asked the U.S. patent office to reconsider patents that could prevent it from selling an update to Keytruda.
Microsoft-OpenAI Partnership Gets U.K. Antitrust Clearance
The decision is a a victory for the tech giant in its bid to justify the partnership to regulators on both sides of the Atlantic.
Kenvue Averts Proxy Battle With Starboard
Kenvue has struck a cooperation agreement with Starboard Value, averting a proxy fight with the activist investment firm.
KKR, Walmart to Sell Japan Supermarket Chain Seiyu for $2.5 Billion
The sale ends foreign ownership of one of Japan's most well-known supermarket operators.
Campbell's Expects More Muted Back-Half of Fiscal 2025
The maker of soups and snacks said that it expects sales to rise 6% to 8% this year, instead of 9% to 11% as previously projected.
Foot Locker Expects Nike Reset, Tariffs to Weigh on Sales
Foot Locker sees a bumpy road ahead for the rest of the year as it contends with cautious consumers and turnaround efforts at Nike.
(END) Dow Jones Newswires
March 05, 2025 19:00 ET (00:00 GMT)
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