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Deckers Second-Quarter Profit Rises on Higher Sales for Hoka, Ugg
WSJ· 2025-10-23 20:40
Core Viewpoint - The shoe company has decided to provide full-year guidance after previously withholding it due to macroeconomic uncertainties [1] Group 1 - The company is responding to improved visibility in the market, allowing it to offer a more confident outlook for the upcoming year [1] - Previous macroeconomic uncertainties had led the company to refrain from issuing guidance, indicating a cautious approach to forecasting [1] - The decision to provide guidance suggests a potential stabilization in the industry, which may benefit investor confidence [1]
Newmont Revenue, Profit Gain on Surging Gold Prices
WSJ· 2025-10-23 20:37
Core Insights - Newmont reported increased revenue and profit in the third quarter, driven by the rising price of gold [1] Financial Performance - The company experienced higher revenue and profit compared to previous quarters, attributed to the soaring gold prices [1]
Norfolk Southern Third-Quarter Sales Rise, Ups Productivity Target
WSJ· 2025-10-23 20:34
Core Insights - The railroad company reported a profit of $711 million [1] - The company increased its productivity target to $200 million [1] Company Summary - The railroad company has agreed to sell itself to Union Pacific in July [1] - The reported profit indicates strong financial performance [1] - The increase in productivity target suggests a focus on operational efficiency [1]
Target to Cut Around 1,000 Jobs
WSJ· 2025-10-23 20:13
Retailer also will eliminate 800 open roles. Together, the moves will cut 8% of corporate roles ...
Blackstone Looks to IPOs for Investment Exits
WSJ· 2025-10-23 20:07
Core Insights - The expected value of initial public offerings (IPOs) for the firm's portfolio companies in the next 12 months is projected to be among the highest in its history [1] Group 1 - The firm anticipates a significant increase in IPO activity, indicating strong market conditions for its portfolio [1]
Ford Profit More Than Doubles on Pickup, SUV Sales Growth in U.S.
WSJ· 2025-10-23 20:05
The automaker is looking to hire workers and to boost F-Series production to make up for an aluminum supply disruption. ...
Intel Shows Progress in First Earnings Report Since U.S. Investment
WSJ· 2025-10-23 20:04
The troubled chipmaker posted third-quarter profit of $4.1 billion on improved sales. ...
Canada Retail Sales Pull Back After Rising 1% in August
WSJ· 2025-10-23 18:42
Core Insights - Retail trade in Canada is experiencing volatility, with a recent decline in sales indicating consumer spending uncertainty [1] - Concerns over job prospects and the impact of a trade dispute with the U.S. are contributing factors to this uncertainty [1] Retail Industry Summary - Retailers in Canada are facing a pullback in sales, suggesting a cautious consumer sentiment [1] - The ongoing trade dispute with the U.S. is affecting retail performance, highlighting the interconnectedness of trade relations and domestic sales [1]
Hasbro Lifts Outlook as Holiday Orders Accelerate
WSJ· 2025-10-23 17:00
Core Insights - The company now expects revenue growth in the high-single digits, an increase from the previous outlook of mid-single digit growth, driven by a pickup in orders from retailers [1] Revenue Outlook - The revised revenue growth expectation is categorized as high-single digits, indicating a more optimistic forecast compared to the earlier mid-single digit growth projection [1] - The increase in revenue expectations is attributed to a rise in orders from retailers, suggesting improved demand in the market [1]
Central U.S. Manufacturing Activity Increases at Faster Pace
WSJ· 2025-10-23 16:02
Core Viewpoint - Activity at factories in the central U.S. has shown improvement this month, with a notable increase in expectations for future activity as the Federal Reserve considers further reductions in borrowing costs [1] Group 1 - Factory activity in the central U.S. has improved further this month [1] - Expectations for future factory activity have jumped significantly [1] - The Federal Reserve is contemplating lowering borrowing costs, which may influence manufacturing activity [1]