Edition:
India

Uday Sampath Kumar

Lowe's shares jump as higher-spending customers drive profit beat

21 Aug 2019

Lowe's Cos Inc shares surged over 11% on Wednesday as the home improvement chain's efforts to focus on higher-spending customers helped it beat quarterly profit estimates and gain ground on larger rival Home Depot Inc .

UPDATE 3-Lowe's shares jump as higher-spending customers drive profit beat

21 Aug 2019

* Beats same-store sales estimates for second time in six quarters

UPDATE 3-Home Depot beats quarterly profit estimates, warns of tariff impact

20 Aug 2019

Aug 20 Home Depot Inc beat quarterly profit estimates on Tuesday as it sold more big-ticket items to high-spending builders and handymen, while flagging the potential impact of U.S. President Donald Trump's ongoing trade tussle with China on consumers.

Tapestry sees Kate Spade turnaround taking more time, shares plunge

15 Aug 2019

Tapestry Inc shares tumbled to their lowest in over a decade on Thursday after the high-end fashion house forecast a surprise fall in first-quarter revenue and profit and said it was not sure when same-store sales at Kate Spade would rise.

China's Luckin counts cost of Starbucks battle, looks to break even

15 Aug 2019

BEIJING Luckin Coffee turned in a bigger-than-expected loss as costs ballooned on store openings and heavy discounts aimed at competing with Starbucks , driving the Chinese firm's U.S.-listed stock down sharply on Wednesday.

UPDATE 4-China's Luckin counts cost of Starbucks battle, looks to break even

15 Aug 2019

* Revenue soars seven fold, but operating costs up three fold

Tyson to rebuild plant after fire, assures weekly pay for full-time workers

13 Aug 2019

U.S. meat processor Tyson Foods Inc said on Monday it will rebuild a Kansas beef plant after a fire heavily damaged the facility last week and that full-time, active employees would be paid weekly until production resumes.

Beyond Meat shares crumble on stock offering surprise, demand for meatless burgers soars

30 Jul 2019

Beyond Meat Inc's shares tumbled on Monday on plans for another stock offering just three months after its IPO while demand for its plant-based burgers and sausages prompted an increase in its full-year sales forecast. | Video

"Toy Story 4", Barbie star in Mattel's surprise revenue rise

26 Jul 2019

Mattel Inc saw a big boost in demand for its action figures after the worldwide success of the latest "Toy Story" movie while a Barbie makeover lifted sales of the iconic doll, helping it report a surprise rise in quarterly revenue.

US STOCKS-Wall Street falls as Netflix adds to earnings jitters

18 Jul 2019

* Indexes down: Dow 0.39%, S&P 0.22%, Nasdaq 0.47% (Updates to early afternoon)

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