Skechers USA Inc. Reports Strong Second Quarter Results
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Shares of Skechers USA Inc. surged 3.7% in after-hours trading on Thursday following the release of their impressive second-quarter results. The popular…
Worker Filings for Unemployment Benefits Show Promising Decline
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By Christian Robles The latest data released by the Labor Department reveals a positive trend in the labor market, with a noteworthy…
Jupiter Fund Management Sees Rise in Half-Year Pretax Profit
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London, August 10, 2023 – Jupiter Fund Management, a leading FTSE 250 money manager, experienced a surge in pretax profit during the…
China's Industrial Profit Decline Narrows
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The decline in China’s industrial profit narrowed for the fourth straight month in June, according to official data released by the National…
Nitrogen Fertilizer Prices Stabilize and Strengthen
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Industrial and agricultural chemical company, LSB Industries, has reported that nitrogen fertilizer prices have stabilized and begun to strengthen after experiencing a…
Economic Resilience Defies Expectations
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The Congressional Budget Office (CBO) has revised its economic projections, revealing a more robust economy than previously anticipated. Despite facing challenges, such…
PacWest Bancorp's Acquisition by Banc of California: A Milestone Turnaround
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PacWest Bancorp’s stock surged following the announcement of its all-stock acquisition by Banc of California Inc. The deal is receiving positive feedback…
Uniphar Expects to Meet Earnings Targets
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By Elena Vardon Uniphar, a leading healthcare-services provider, announced on Wednesday that it anticipates meeting its earnings targets for 2023. The company…
Shimano Shares Plummet
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Shares of Shimano, the Japanese bicycle-parts maker, experienced a significant decline on Wednesday morning in response to a 27% drop in net…
Cal-Maine Foods Report: Egg Prices and Food Demand
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Cal-Maine Foods, Inc. has recently announced that egg prices have finally returned to their historic norms. This news comes as a relief…
TCW Group to Acquire Engine No. 1's ETF Business
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Asset management firm TCW Group announced on Tuesday its plans to acquire the exchange-traded-fund (ETF) business owned by activist investor Engine No….
Economic Growth Outlook Improves, Inflation Remains Elevated
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The International Monetary Fund (IMF) has revised its forecasts for economic growth in the United States and globally, indicating a stronger outlook…