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Thor Industries’ stock posts double-digit loss after earnings miss amid ‘challenging operating environment’

Recreational vehicle maker cuts 2024 guidance and missed earnings estimates.

Brown-Forman’s stock dips after Jack Daniel’s parent’s sales fall short of estimates

Brown-Forman Corp. ‘s stock fell 4.6% early Wednesday, after the parent of Jack Daniel’s whiskey’s fiscal third-quarter sales fell short of estimates, overshadowing a profit beat.

ADP says 140,000 private-sector jobs created in February. Labor market softening but still strong.

American businesses added 140,000 new jobs in February, paycheck company ADP said, in a sign that demand for labor might be slacking after a frenzy of hiring last year.

Foot Locker’s stock dives as price cuts hurt margins, profit outlook disappoints

Foot Locker’s stock took a tumble Wednesday, after the athletic shoe apparel retailer provided a full-year profit outlook that was below expectations, and pushed back the timing of reaching its target for adjusted margins by two years.

Palantir’s Army-contract win sends stock surging

One bear is still cautious in the wake of a new Army award that could help reaccelerate Palantir’s U.S. government revenue.

Egypt’s pound plunges after currency float, interest rate rise

The new measures are expected to pave the way for additional financing from the International Monetary Fund

Campbell Soup Co.’s shares dip as profit falls and company adds cautious tone on sales guidance

Iconic soup maker introduces a cautious tone to its full-year sales guidance.

There’s one big mystery in the everything rally: gold’s record-setting ascent

Gold’s defying many of its traditional relationships in its record-setting run.

Mortgage rates stay put at 7%, but first-time buyers aren’t holding back

Mortgage applications rose 9.7% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 7.02%.

Oil edges higher after Saudi Arabia raises prices for crude to Asia

Oil futures gained ground early Wednesday.

Grifols’ shares plunge further on short-seller’s new report

Shares in the Spanish medicine maker fell 14% after Gotham City Research questioned its transparency

Nikki Haley to end presidential run on Wednesday: report

Nikki Haley plans to end her Republican presidential run on Wednesday, The Wall Street Journal reported, citing people familiar with her plans.
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