American Eagle: Fiscal Q3 earnings snapshot
PITTSBURGH American Eagle Outfitters Inc. today reported fiscal third-quarter net income of $152.2 million. The company said it had profit of 74 cents per share….
AP Wire
Abercrombie: Fiscal Q3 earnings snapshot
NEW ALBANY, Ohio — Abercrombie & Fitch Co. today reported fiscal third-quarter earnings of $47.2 million. On a per-share basis, the company said it had…
Dollar Tree: Fiscal Q3 earnings snapshot
CHESAPEAKE, Va. — Dollar Tree Inc. today reported fiscal third-quarter net income of $216.8 million. The company said it had net income of 96 cents…
Fighting gas prices, U.S. to release 50 million barrels of oil
WASHINGTON — President Joe Biden on Tuesday ordered a record 50 million barrels of oil released from America’s strategic reserve, aiming to bring down gasoline…
Best Buy: Fiscal Q3 earnings snapshot
RICHFIELD, Minn. — Best Buy Co. (today reported fiscal third-quarter earnings of $499 million. Thecompany said it had profit of $2 per share. Earnings, adjusted…
GM exploring electric boats, buys 25% stake in engine maker
DETROIT — General Motors is testing the water in electric boating by buying a 25% stake in a Seattle company that makes battery-powered outboard motors….
October existing home sales hit fastest pace since January
Sales of previously occupied U.S. homes ticked higher in October, marking their strongest pace since January even as competition for relatively few properties on the…
Biden to keep Powell as Fed chair, Brainard gets vice chair
WASHINGTON — President Joe Biden announced today that he’s nominating Jerome Powell for a second four-year term as Federal Reserve chair, endorsing Powell’s stewardship of…
Insider Q&A: Brian Doubles, CEO of Synchrony Financial
NEW YORK — Synchrony might not be a household name, but it’s the largest issuer of retail-branded store credit cards in the country. Retailers from…
Target will keep stores closed on Thanksgiving for good
NEW YORK — Target will no longer open its stores on Thanksgiving Day, making permanent a shift to the unofficial start of the holiday season…