The decision includes cutting approximately 500 jobs, primarily in South Korea, and selling off assets related to the storage business, including manufacturing facilities for battery cells and packs.
Investing.com -- Shares of Urban Outfitters (NASDAQ: URBN) jumped 14% in pre-market trading on Wednesday, buoyed by a revised outlook from BofA Securities, which upgraded the company’s stock to a "buy ...
(Reuters) - Shares of Dell (NYSE: DELL) and HP fell on Wednesday after the personal computer makers issued forecasts that cast doubt on a market recovery driven by artificial intelligence-enabled PCs.
(Reuters) -Shares in Aston Martin (LON: AML) fell as much as 9% to a more than two-year low on Wednesday after the British luxury carmaker warned that annual profit could fall as much as 11% on ...
December futures on the S&P/TSX index were up 0.09% at 6:10 a.m. ET (1110 GMT). Investors are braced for a data-heavy day with special focus on the personal consumption expenditure index, the Fed's ...
Although Li characterized BlackRock’s current stance as “risk-on,” she emphasized that circumstances could quickly change. She also noted that there is optimism that the market's reaction to potential ...
Investing.com -- Inflows into US equities surged to record levels following the US presidential election, according to a Barclays (LON: BARC) report. The post-election environment, shaped by renewed ...