An Ohio jury has found Olivia Clendenin guilty on multiple charges, including attempted murder, after she opened fire on a New Year's Eve party upon learning her husband and boyfriend were both in attendance.
A personal finance journey reveals how aggressive retirement saving, while prudent for the future, can create present-day cash flow struggles and limit financial flexibility.
Designer Brands Inc., parent company of DSW and several footwear labels, has confirmed a new round of layoffs as part of an organizational restructuring. The move follows a trend of job cuts across the fashion and retail sector, driven by efforts to streamline operations and adapt to shifting market dynamics.
Citigroup introduces a collaborative workspace feature within its internal AI platform, aiming to streamline project work and decision-making for employees across the global financial giant.
Two Swedish nationals have been convicted on terrorism and attempted murder charges for a 2024 grenade attack targeting the Israeli Embassy in Copenhagen, receiving prison sentences of 12 and 14 years.
Davey Resource Group, a subsidiary of The Davey Tree Expert Company, has acquired Georgia-based Cal Engineering Solutions, significantly expanding its engineering capabilities to support the nation's evolving power grid infrastructure.
Sonos (NASDAQ: SONO) reported stronger-than-expected fourth-quarter earnings, though revenue remained flat year-over-year. While cost controls boosted profitability, analysts point to stagnant sales over a multi-year period as a key concern for the audio specialist.
Japanese pharmaceutical firm Shionogi & Co. reported robust nine-month results, with net income growth significantly outpacing revenue increases. The performance highlights the company's effective cost management and strategic portfolio shifts, though analysts caution that future growth hinges on key pipeline products and regulatory approvals.
Shopify updates its partner program with stricter data usage rules for AI training while CEO Tobi Lütke emphasizes integrating founders from acquisitions into key leadership roles, signaling a dual strategy of data control and entrepreneurial innovation.
Adobe's expanded partnership with IT services giant Cognizant aims to embed its generative AI and experience platforms deeper into enterprise workflows. While not an immediate financial catalyst, the move underscores Adobe's pivot towards large-scale, services-driven deployments as it navigates heightened competition and growth concerns.
EastGroup Properties (EGP), a leading industrial REIT focused on the Sunbelt, has seen its shares climb to $180.44, delivering a solid one-year total return of 10.69%. This performance brings its valuation into sharp focus, with a narrative fair value estimate of $199.84 suggesting potential upside, yet a lofty P/E ratio of 38.7x signaling significant growth expectations priced in.
Abbott Laboratories faces heightened regulatory scrutiny after the FDA issued a warning letter concerning the accuracy and testing protocols for its widely used FreeStyle Libre continuous glucose monitors, raising questions about the company's quality systems in a key growth market.
Texas Instruments is reportedly in late-stage negotiations to acquire semiconductor design firm Silicon Laboratories in a deal valued at approximately $7 billion, according to a Financial Times report that sent Silicon Labs' shares soaring.
Following a staggering multi-year rally and a recent pullback, investors are scrutinizing whether Cameco's current share price still offers value or if the market has already priced in its nuclear renaissance narrative.
Analysts have nudged NeuroPace's (NPCE) fair value target higher, but the modest adjustment reflects a fine-tuning of financial models rather than a fundamental shift in the company's narrative. The move underscores the quiet, ongoing reassessment of risk and growth in the medtech sector.
Ermenegildo Zegna's (ZGN) shares have dipped to $9.00, sparking debate among investors. While some see a luxury brand trading below its estimated fair value, others point to challenges in China and rich valuations as reasons for caution.
Stitch Fix's latest financial model update maintains its fair value estimate at approximately $5.25 per share, reflecting a market narrative that balances patience with profitability concerns. As the personal styling service navigates a challenging retail environment, incremental adjustments to long-term assumptions signal cautious optimism from analysts.
While ChatGPT captured the world's imagination, Google is leveraging its vast ecosystem to weave Gemini into the fabric of daily digital life. The battle is shifting from building the best destination to owning the most ubiquitous starting point.
Electronic Arts posted a 38% surge in quarterly net bookings to $3 billion, fueled by the blockbuster launch of ‘Battlefield 6’. The results come as the gaming giant prepares for a $55 billion transition to private ownership.
As MassMutual marks its 175th anniversary, the mutual insurer reflects on a journey from a local idea to a global force managing over $570 billion, while reaffirming its commitment to policyowners and its Springfield roots.
