Edition:
India

Soundarya J

PVH forecasts 2019 above estimates on Tommy Hilfiger boost

28 Mar 2019

Apparel maker PVH Corp on Wednesday forecast full-year adjusted profit and sales above Wall Street expectations, banking on higher demand for its Tommy Hilfiger branded apparels and accessories.

Dollar Tree chops value of Family Dollar brand, to shut 390 stores

06 Mar 2019

Dollar Tree Inc announced plans to close hundreds more Family Dollar stores on Wednesday as it wrote off $2.7 billion, or nearly a third of the value of the struggling discount chain it bought for $9 billion four years ago.

UPDATE 2-Dollar Tree chops value of Family Dollar brand, to shut 390 stores

06 Mar 2019

March 6 Dollar Tree Inc announced plans to close hundreds more Family Dollar stores on Wednesday as it wrote off $2.7 billion, or nearly a third of the value of the struggling discount chain it bought for $9 billion four years ago.

Papa John's founder Schnatter to exit board in settlement

06 Mar 2019

Papa John's founder John Schnatter is leaving its board of directors as part of a settlement resolving a bitter dispute for control of the world's third-largest pizza chain. | Video

UPDATE 4-Papa John's founder Schnatter to exit board in settlement

05 Mar 2019

March 5 Papa John's founder John Schnatter is leaving its board of directors as part of a settlement resolving a bitter dispute for control of the world's third-largest pizza chain.

Newell shares plunge as Toys 'R' Us liquidation, strong dollar weigh on forecast

15 Feb 2019

Newell Brands Inc on Friday forecast lower-than-expected full-year sales and profit, hit by a strong dollar, higher costs and sluggish sales of its Graco baby products in the aftermath of the liquidation of Toys 'R' Us, sending its shares down nearly 19 percent.

UPDATE 3-Newell shares plunge as Toys 'R' Us liquidation, strong dollar weigh on forecast

15 Feb 2019

Feb 15 Newell Brands Inc on Friday forecast lower-than-expected full-year sales and profit, hit by a strong dollar, higher costs and sluggish sales of its Graco baby products in the aftermath of the liquidation of Toys 'R' Us, sending its shares down nearly 19 percent.

Tapestry shares sink as Kate Spade collection fails to impress

07 Feb 2019

Handbag maker Tapestry Inc cut its full-year profit forecast and reported its first quarterly earnings miss in at least two years, as its millennial-focused Kate Spade brand failed to impress shoppers with a lack of new designs.

Dollar General cuts forecast on hurricane costs, warns of tariff hit

05 Dec 2018

Dollar General Corp cut its full-year profit and sales forecasts on Tuesday and warned that proposed tariffs on Chinese imports could begin to have a greater impact on its business and customers, sending its shares down as much as 8.6 percent.

UPDATE 4-Dollar General cuts forecast on hurricane costs, warns of tariff hit

05 Dec 2018

Dec 4 Dollar General Corp cut its full-year profit and sales forecasts on Tuesday and warned that proposed tariffs on Chinese imports could begin to have a greater impact on its business and customers, sending its shares down as much as 8.6 percent.

World News

Afghan communications ministry attacked, seven killed

At least seven people were killed in an attack on the Afghan communications ministry in central Kabul on Saturday, breaking months of relative calm in the capital and underlining the continued security threats despite efforts to open peace talks with the Taliban.