Amazon, Chanel, and other major creditors have formed a unified front in Saks Global's Chapter 11 proceedings, aiming to recover debts while the luxury retailer moves to liquidate its off-price division and renegotiate key partnerships.
Despite a 14% share price decline over three months, Frontken Corporation Berhad (KLSE:FRONTKN) exhibits robust financial health, highlighted by a superior Return on Equity. Analysts suggest the sell-off may be a buying opportunity for long-term investors.
Teradyne (TER) shares surged over 10% after the semiconductor test equipment leader posted Q4 revenue and profit that smashed analyst estimates, fueled by surging demand from AI chipmakers. The company's bullish guidance signals confidence in a sustained industry upcycle.
As Amazon prepares to release its Q4 earnings, analysts are eyeing accelerated AWS growth and robust advertising revenue as key drivers that could propel the stock higher, mirroring its October surge.
An independent financial analysis of Duke University has found the institution possesses substantial reserves and strong cash flow, raising faculty criticism over recent staff reductions and budget cuts framed as necessary austerity measures.
A new legislative effort seeks to transform California's insurer of last resort into a comprehensive provider, potentially ending the need for hundreds of thousands of homeowners to juggle multiple policies amid the state's ongoing insurance crisis.
IDEXX Laboratories announces a planned CEO transition for 2026 alongside the launch of its flagship AI veterinary imaging platform, signaling a dual focus on leadership continuity and technological innovation in the competitive animal health diagnostics market.
SoFi Technologies partners with GoTu to embed its 'SoFi at Work' financial solutions directly into the gig-work platform for healthcare professionals, aiming to tap into a growing market as the company navigates a volatile stock performance.
Following robust Q4 2025 results, Hess Midstream (HESM) is capturing investor interest with increased distributions and a leaner capital expenditure outlook. This financial discipline, set against a volatile energy backdrop, has analysts scrutinizing whether the stock's current price fully reflects its future potential.
PPG Industries' stock has climbed over 20% this quarter following robust 2025 results and an upgraded 2026 earnings forecast. While analysts cheer the company's strategic execution, questions linger about valuation and macroeconomic headwinds.
A new Treasury Department assessment paints a picture of an economy entering the new year with sustained momentum, driven by business investment and consumer spending, while key inflation metrics show continued moderation.
Coffee markets diverged on Monday as arabica futures found modest support from technical buying, but robusta prices slumped to a four-week low. The mixed performance comes amid favorable rains in Brazil boosting yield prospects, while surging Vietnamese exports pressure the robusta market.
Weekend protests in Turin descended into severe violence, with anarchist and far-left groups clashing with police, resulting in over 100 officer injuries. Prime Minister Giorgia Meloni condemned the "attempted murder" and promised a firm state response.
In a landmark interview, three of the youngest Turpin siblings detail their harrowing journey from their parents' infamous captivity to alleged abuse in foster care, revealing a system that failed them twice.
California unveils a novel $200 million electric vehicle incentive program requiring matched funding from automakers and restricted to first-time EV buyers, with specific vehicle price caps to be set.
The luxury hospitality group turns to a Farfetch and Alo Yoga alum to lead global marketing strategy for its nascent ultra-luxury yachting venture, highlighting a broader industry shift towards fashion and lifestyle expertise.
Ripple has released 1 billion XRP tokens from escrow, valued at approximately $1.63 billion, as part of its scheduled monthly treasury management. While a portion has been re-locked, $500 million worth is earmarked for potential company operations this month, raising questions about market absorption amid a broader crypto downturn.
Hyperliquid has upgraded its core engine with the HIP-4 protocol, introducing a novel 'Outcomes' contract system designed for prediction markets and structured products, currently in testnet phase.
Alphabet's self-driving subsidiary Waymo has closed a massive $16 billion funding round, catapulting its valuation to $126 billion and signaling robust investor confidence in the future of autonomous vehicles.
A new report finds corporate treasurers remain deeply concerned about deposit security, with most businesses holding funds far above FDIC insurance limits and vulnerable to operational shutdowns if a primary bank fails.
