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Latest Threat to Fed Chair Powell Rattles Markets
WSJ· 2026-01-12 15:54
Core Insights - U.S. stocks, bonds, and the dollar experienced declines, while gold reached new all-time highs [1] Group 1 - U.S. stocks fell, indicating a bearish trend in the equity market [1] - Bond prices also decreased, reflecting a potential shift in investor sentiment [1] - The U.S. dollar weakened, suggesting a decline in its value against other currencies [1] Group 2 - Gold prices surged to new all-time highs, highlighting a strong demand for safe-haven assets [1]
Paramount Plans Proxy Fight to Push Hostile Warner Bid
WSJ· 2026-01-12 14:58
The company also said Monday it filed a lawsuit seeking more information on Warner's deal with Netflix ...
Meta Names Former Trump Adviser Dina Powell McCormick as President, Vice Chair
WSJ· 2026-01-12 14:21
Meta Platforms named Dina Powell McCormick as its president and vice chair, tapping one of the most senior women on Wall Street and a former Trump advisor to help lead the company's next phase of grow... ...
Abercrombie & Fitch Narrows Quarterly Guidance
WSJ· 2026-01-12 13:50
Core Viewpoint - Abercrombie & Fitch has narrowed its fiscal fourth-quarter guidance, indicating a more precise outlook for its financial performance during this period [1] Group 1: Sales Performance - The Hollister segment experienced strong holiday sales, contributing positively to the overall performance of the company [1] - The Abercrombie segment also reported strong holiday sales, reflecting robust consumer demand during the holiday season [1]
Volkswagen Car Deliveries Edge Lower on Challenges in China and Tariffs
WSJ· 2026-01-12 13:45
Group 1 - The core point of the article is that Volkswagen reported a 0.5% year-on-year decline in group car deliveries for 2025, with a significant drop of 8% in deliveries specifically in China [1] Group 2 - Volkswagen's brands include Audi and Porsche, indicating a diverse portfolio within the automotive sector [1] - The decline in deliveries may reflect broader challenges in the automotive industry, particularly in key markets like China [1]
Mercedes-Benz Car Sales Fell 9% in 2025 Amid Challenging Market
WSJ· 2026-01-12 13:14
Core Insights - The company experienced significant declines in sales in both its largest market, China, and the U.S. [1] Group 1 - Sales in China saw a hefty drop, indicating challenges in the market [1] - The U.S. market also registered substantial decreases in sales, reflecting broader issues [1]
Shake Shack's Quarterly Sales Hurt by Inclement Weather
WSJ· 2026-01-12 13:12
Core Viewpoint - Shake Shack experienced lower than expected revenue due to inclement weather affecting sales in its most heavily penetrated markets [1] Company Summary - The company reported that adverse weather conditions had a negative impact on sales during the recent quarter [1]
Lululemon Sees Quarterly Profit at High End After Strong Holiday Sales
WSJ· 2026-01-12 12:45
Core Viewpoint - Lululemon Athletica anticipates that its fourth-quarter profit and revenue will reach the high end of its previously issued forecasts, driven by a strong holiday season [1] Group 1 - The company expects strong financial performance in the fourth quarter [1] - The positive outlook is attributed to a robust holiday shopping period [1]
Thermo Fisher Chief Operating Officer Michel Lagarde Leaving Company
WSJ· 2026-01-12 12:08
Core Insights - Thermo Fisher Scientific's second-highest executive, Michel Lagarde, is departing the company to explore a new opportunity [1] Company Summary - The departure of Michel Lagarde marks a significant change in the leadership structure of Thermo Fisher Scientific [1]