By Christiana Sciaudone Investing.com -- Markets rallied for the most part on Thursday, with Boeing (NYSE:BA) seeing demand back for its Max jets and stimulus on our lips again. But the S&P 500 gave up gains to close slightly lower after Pfizer (NYSE:PFE) said it is facing supply chain issues for its Covid-19 vaccine. Ryanair placed an order...
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By Susanna Twidale LONDON (Reuters) - Britain will set a more ambitious target to cut emissions to help meet international climate goals, aiming for at least an 68% reduction from 1990 levels by 2030 compared with 57% currently, Prime Minister Boris Johnson said. Johnson is seeking to boost Britain's green credentials ahead of...
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LONDON (Reuters) - Anthony Fauci, the top U.S. infectious diseases expert, apologised on Thursday after casting doubt over the rigour of the British regulators who approved the Pfizer (NYSE:PFE) vaccine against COVID-19 and said he had faith in their work. "There really has been a misunderstanding, and for that I'm sorry, and I apologise for that," Fauci said in an...
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Ulta Beauty (NASDAQ:ULTA) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations. Ulta Beauty announced earnings per share of $1.64 on revenue of $1.55B. Analysts polled by Investing.com anticipated EPS of $1.44 on revenue of $1.56B. Ulta Beauty shares are up 14.38% from the beginning of the year and are trading...
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By Yasin Ebrahim Ulta Beauty (NASDAQ:ULTA) lifted guidance for fourth-quarter comparable-store sales but reported a mixed third-quarter performance as earnings beat, but revenue fell of Wall Street expectations as stores temporarily closed due to COVID-19. Ulta Beauty (NASDAQ:ULTA) fell more than 6% following the report. "While it is difficult to predict future impacts of the pandemic on demand this holiday season, we have...
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FRANKFURT/MADRID (Reuters) - The European Central Bank on Thursday denied a newspaper report which had said that its supervision banking arm had discussed potential business plans by BBVA (MC:BBVA) to grow further in Mexico and Turkey. "Contrary to a Spanish front page news report today, ECB Banking Supervision has not yet discussed any future business plans with BBVA," an ECB spokesperson...
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By Saikat Chatterjee LONDON (Reuters) - The dollar's decade-long bull run is at an end, say top money managers, who are positioning for a stronger-growth, weaker-dollar world. This bearish take on the dollar was the near unanimous verdict of investors attending the annual Reuters Investment Outlook summit this week, who predicted that non-U.S....
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By Christiana Sciaudone Investing.com -- Splunk (NASDAQ:SPLK) sank 23% after missing estimates and getting a range of price target decreases. The software company reported a loss per share of 7 cents, well below the expected earnings per share of 9 cents with sales of $558 million missing the estimated $613 million. Splunk provided guidance for fiscal 2021 fourth quarter revenue of between $650...
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By Yasin Ebrahim The Dow rose Thursday above a key level led by a rise in Boeing on signs of demand returning for the beleaguered Max jets, while ongoing optimism for much-needed stimulus aid continued to underpinned investor sentiment. The Dow Jones Industrial Average rose 0.45%, or 172 points, rising above the 30,000 level intraday. The S&P 500 was up 0.15%, while the...
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By Allison Lampert and Jamie Freed MONTREAL/SYDNEY (Reuters) - Aviation industry opposition to requiring mandatory COVID-19 vaccination for passengers has intensified as impending drug approvals trigger a debate over their role in air travel. Airports Council International, which represents airports worldwide, joined most airlines in calling for a choice between testing or vaccination,...
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