Tag: Breaking News: Business
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Costco’s sales resilience is giving Cramer a reason to feel better about the stock
Jim Cramer is feeling better about the wholesaler following its September report
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Why a Starbucks takeover of Chipotle would — and wouldn’t — make sense for both companies
Starbucks has reportedly been working with advisers on a takeover proposal for Chipotle, but a potential deal comes with pros and cons for investors.
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Treasury sanctions 17 tankers linked to Iran’s ‘shadow fleet’ in economic pressure campaign
The additional sanctions are part of the Trump administration’s military and economic campaign against Iran.
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Skydance’s David Ellison tells CNBC combined company is ‘positioned to win in every single vertical’
Skydance includes two film studios, the CBS broadcast network, a sprawling pay TV portfolio and streaming services Paramount+ and HBO Max.
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Why REITs aren’t getting killed by rising interest rates this time around
REITs have been seen as a low interest rate play. But some experts are making the case that real estate fundamentals today are outweighing even rising rates.
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PepsiCo cuts earnings forecast as North American turnaround takes longer than expected
Pepsi’s North American business continues to lag behind its international markets.
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Barclays sees big haircare gains for this consumer stock as shoppers prioritize self-care
This consumer stock’s burgeoning haircare segment is being overlooked despite consumers continuing to splurge on self-care routines, Barclays says.
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Lululemon poaches Athleta CEO as new chief product officer
Lululemon announced Wednesday that Athleta CEO Maggie Gauger is joining the company as its chief product officer, a newly created role.
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Levi Strauss hikes profit guidance after tariff refunds, but its sales outlook is less optimistic
Levi Strauss on Wednesday posted earnings that beat expectations, though it saw benefits from tariff refunds.
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Modelo owner Constellation is getting creative to bring back beer drinkers as overall demand weakens
Constellation Brands beat earnings and revenue expectations as beer brands gained share, while inventory rebuilding and consumer caution clouded demand.
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