Yahoo Movies Why Shares of Macy's, Nordstrom, and Dillard's All Rose Sharply on a Terrible Day for Wall Street
After Kohl's received an unsolicited acquisition offer, investors looked for similar names in the space.
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- Reuters
International Paper tops quarterly sales on higher prices, demand rebound
Initially buoyed by a surge in online shopping during the pandemic, paper and packaging firms faced a slowdown when economies reopened. Peer Packaging Corp of America reported a quarterly revenue beat on Tuesday from higher pricing, improved production and a recovery in demand for its corrugated packaging products. Earlier in the year, European packaging giant Smurfit Kappa, said the worst of the slowdown in terms of demand for paper and containerboard seemed behind it.
Evening StandardAmazon's Fallout TV show brings back a million players to a once-hated game
Perhaps it’s time to revisit the most maligned Fallout game of them all
- Associated Press
Russia fines actress who hosted 'almost naked' party over her calls for peace
A Moscow court on Thursday imposed a 50,000-ruble ($560) fine on a TV presenter and actress who gained notoriety for hosting an “almost naked” party, saying her social media posts calling for peace discredited the military. Anastasia Ivleeva sparked an explosion of public indignation in the increasingly traditionalist country when she hosted a party in December encouraging guests to wear almost nothing. Ivleeva did not appear in court Thursday for the non-criminal case, in which she was fined for two social media posts in the early days of Russia's invasion of Ukraine that called for peace and negotiations.
- Associated Press
NFL to open academy in Australia to identify and develop young prospects
The NFL will expand its international search for talent by opening an academy in rugby-mad Australia to develop promising teenagers in the Asia-Pacific region into college and pro prospects. The NFL Academy will open in September for student athletes aged 12 to 18, following recruitment camps taking place this summer in Australia and New Zealand, the league announced on Thursday. Ahead of the NFL Draft, the announcement says the region is full of talent such as Philadelphia Eagles offensive tackle Jordan Mailata, a 6-foot-8 (2.08-meter) Australian who was deemed too big for rugby league.
- Evening Standard
London travel news LIVE: Disruption to and from Euston as train hits piece of wood near Watford Junction
Disruption has hit the morning rush-hour on Thursday after a train crashed into a a piece of wood near Watford. Trains to and from Euston are among those affected. National Rail warns trains are having to run at reduced speeds on the line towards Milton Keynes Central.
- BBC
Big Daddy dune: Namibia angered by tourists posing naked in dune safari
Photos of the three naked tourists have gone viral in Namibia, angering the authorities.
- Reuters
SVB-owner First Citizens' profit beats estimates on interest income strength
The Raleigh, North Carolina-based lender has been boosted by its buyout of SVB, which collapsed last year after a deposit flight spiraled out of control and led to the biggest banking crisis in 15 years. Since SVB's collapse, banking giants including JPMorgan Chase and HSBC have tried to beef up their businesses catering to startups and venture capital firms. "It's been over one year since SVB became part of First Citizens, and we continue to successfully execute on our integration efforts, which are accelerating the momentum of our franchise," CEO Frank Holding Jr. said.
- Reuters
UPDATE 1-Bristol Myers posts quarterly loss, revenue rises 5%
Bristol Myers Squibb on Thursday reported a first-quarter loss as charges related to its recent acquisitions of Karuna Therapeutics, RayzeBio and Mirati Therapeutics offset a 5% increase in revenue. The New Jersey-based drugmaker posted a loss of $4.40 per share, including charges for acquired research and development. On a net basis, Bristol's loss was $5.89 per share.
- Investor's Business Daily
Dow Jones Futures Fall As Meta Dives, Chipotle Eyes Buy Point; Key Economic Data Due
The rally attempt paused Wednesday as Nvidia reversed lower. Meta, Chipotle and ServiceNow led key earnings late.
- PA Media: Entertainment
Rare Cartier silver gift box from John Lennon and Yoko Ono to be auctioned
Yoko Ono personally gave the box to John Lennon’s bank manager after his death in December 1980.
- Reuters
UPDATE 1-Bombardier burns more cash to ramp up business jet production
Bombardier reported a higher-than-expected cash burn in the first quarter on Thursday as the Canadian planemaker builds up inventory to support increased production of business jets amid resilient demand for private flying. Cash burn for the quarter through March rose 57% to $387 million, above analysts' estimates of $361 million, according to LSEG data. The Montreal-based company is facing pressure from rival General Dynamics' Gulfstream, which had its flagship G700 luxury jet certified last month by the U.S. Federal Aviation Administration.
- The Telegraph
No 10 criticises BBC after spending licence fee money on Duchess of Sussex’s TV show Suits
No 10 has criticised the BBC after the broadcaster spent licence fee payers’ money on the US series Suits starring the Duchess of Sussex.
- Moneywise
‘It’s a bull market’: Billionaire investor Ken Fisher says the bears are getting 2 things wrong
Be greedy when others are fearful?
- The Guardian
Why is Spain’s prime minister considering resigning from office?
Pedro Sánchez accuses opponents of ‘bullying operation’ conducted against him and his wife, Begoña Gómez
- The Telegraph
Why the fight against malaria is having a ‘Red Queen’ moment
As Alice and the Red Queen run towards a chessboard in Lewis Carroll’s childhood classic, the wind whistling in their ears, the little girl makes a curious discovery: despite running very fast for a very long time, she hasn’t actually moved.
- Simply Wall St.
Here's Why Shareholders May Want To Be Cautious With Increasing General Dynamics Corporation's (NYSE:GD) CEO Pay Packet
Key Insights General Dynamics' Annual General Meeting to take place on 1st of May Salary of US$1.70m is part of CEO...
- Simply Wall St.
MeiraGTx Holdings plc (NASDAQ:MGTX): Is Breakeven Near?
MeiraGTx Holdings plc ( NASDAQ:MGTX ) is possibly approaching a major achievement in its business, so we would like to...
- Evening Standard
Suspended London Labour MP Kate Osamor to get whip back 'imminently'
Kate Osamor issued an apology for ‘any offence caused’ by a message she wrote on the eve of Holocaust Memorial Day
- Thomson Reuters StreetEvents
Q1 2024 Knight-Swift Transportation Holdings Inc Earnings Call
Q1 2024 Knight-Swift Transportation Holdings Inc Earnings Call
- Thomson Reuters StreetEvents
Q1 2024 International Business Machines Corp Earnings Call
Q1 2024 International Business Machines Corp Earnings Call