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Coach, Kate Spade parent reports revenue miss amid weakness in North America

Tapestry’s stock dropped toward a four-month low in premarket trading Thursday, after the fashion company reported fiscal third-quarter revenue that fell short of expectations, with the Coach brand’s in-line sales offset by misses by Kate Spade and Stuart Weitzman.

FTSE 100 hits fresh record as Bank of England signals summer rate cut

The prospect of lower borrowing costs helped push U.K. stocks to a fresh record high on Thursday.

Warner Bros. Discovery’s stock falls as earnings reflect traditional-media woes

Traditional media businesses have had a tough time even as they navigate a march into the streaming era, and WBD’s earnings could be the latest example of that.

Jobless claims climb sharply to highest level in nine months

Initial jobless claims rose by 22,000 to 231,000 in the week ended May 4, the Labor Department said Thursday.  That’s the highest level since last August.

Warner Music Group’s stock dips 4% after profit falls short of estimates

Revenue from recorded music rose 4%, while revenue from music publishing rose 19%

Advertising legend Maurice Saatchi says big companies are ‘now worse than Big Government’

The man behind many memorable ad campaigns has written a new book, ‘Orgasm,’ that aims to challenge some widely held political, societal and financial beliefs

AMC will navigate box-office challenges and tackle $4.5 billion debt load, says Benchmark

AMC, the movie-theater chain and original meme stock, reported first-quarter results after the bell Wednesday, and cited the impact of last year’s Hollywood strikes.

Warby Parker’s stock rises after company raises guidance and offsets quarterly loss

Warby Parker Inc.’s stock was on track to open higher Thursday, after the maker of eyewear raised its full-year revenue guidance and offset a surprise first-quarter loss.

Companies race to borrow ahead of the Biden-Trump election, with cost of 2017 tax cuts in focus

“There’s obviously concerns about volatility coming into the election,” said Leslie Falconio, head of taxable fixed-income strategy, UBS Wealth Management.

Yeti’s stock heads for best day in 9 months after earnings beat, raised outlook

Yeti’s stock powered higher in Thursday’s premarket, after the drinkware and outdoor-products maker beat first-quarter earnings expectations and raised its full-year outlook, amid strength in coolers and international sales.

Three overlooked stocks from a Spanish quant: ‘Now is not a time everyone is going to win.’

This Spanish fund manager that focuses on U.S. stocks, offers three overlooked names, and says AI is just a part of their stories.

Plug Power’s stock falls as losses dwarf revenue

Plug Power’s stock was dropping as sales fell sharply and came up short of expectations.
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