The legal battle between former Bergdorf Goodman chief merchant Yumi Shin and Saks Global continues to rage on, with new twists and turns emerging over the past week. Court papers reveal that Shin is attempting to get the case against her dismissed, and that she is arguing that trying the case in a federal court in Texas violates her rights. More from WWD Meanwhile, Saks Global wants to have information on its acquisition of the Neiman Marcus Group contained in Shin’s court papers redacted. Last week S ...

20-Day as Key Overhead BarrierThe acceleration in the short-term bear trend kicked in following last week’s confirmation of resistance near the 20-day moving average over three days. This price behavior highlights the 20-day trend indicator—now at $58.31 and falling—as key dynamic resistance for any higher bounce. The 10-day average sits a little lower at $57.71 currently.Broader Downtrend ConfirmationMonday’s decline triggered bearish continuation of the downtrend on a drop below the prior swing low of $56 ...

The Enforcement Directorate on Thursday said it has restituted funds worth more than Rs 300 crore towards long-pending dues of the former workers of now defunct Kingfisher Airlines that was promoted by fugitive liquor baron Vijay Mallya.Photograph: Mansi Thapliyal/ReutersThe restoration has been enabled pursuant to an order issued on December 12 by the Debts Recovery Tribunal (DRT) located at Chennai directing release of funds realised from the sale of attached shares which had been earlier restituted to St ...

Speaking after RYVYL’s 2025 Annual Meeting of Shareholders, Heckman said Roundtable, RYVYL’s largest shareholder, voted its shares in favor of the proposals, and brought its investment up to $6.5 million, in advance of merger, to ensure shareholder equity compliant with Nasdaq. “Over 90% of shareholder voters agreed to increase the share price to maintain Nasdaq listing,” said James Heckman, CEO of Roundtable. “The Nasdaq listing is critical to shareholder value and the merger. Roundtable now believes all ...

Core Insights - Nike Inc. shares fell over 4 percent in after-market trading despite beating earnings estimates and showing improvement in North America for Q2 of fiscal 2026 [1] Financial Performance - Net income decreased by 32 percent to $792 million from $1.16 billion year-over-year [2] - Diluted earnings per share dropped to 53 cents from 78 cents [2] - Net sales reached $12.43 billion, a 1 percent increase from $12.35 billion on a reported basis, remaining flat on a currency-neutral basis [2][3] Business Segment Analysis - Nike brand revenues for Q2 were $12.1 billion, up 1 percent, driven by growth in North America, but offset by declines in Greater China and APLA [4] - Nike Direct revenues fell by 8 percent to $4.6 billion, with a 14 percent decrease in Nike Brand Digital and a 3 percent decrease in Nike-owned stores [4] - Wholesale channel revenues increased by 8 percent to $7.5 billion, while Converse revenues dropped by 30 percent to $300 million [5] - Footwear revenues remained flat at $7.7 billion, while apparel sales increased by 4 percent to $3.9 billion [5] Management Commentary - CEO Elliott Hill stated that the company is in the "middle innings" of its comeback [6] - Hill expressed confidence in the company's actions to drive long-term growth and profitability, emphasizing the importance of realigning teams and strengthening partner relationships [7] - CFO Matthew Friend highlighted the resilience of the company's portfolio, achieving modest top-line growth while managing headwinds [7]

Join our daily newsletter At The Bell to receive exclusive market insightsASX today – Australian shares are up for the first time this week, finally following Wall Street’s lead to add +0.5% in futures. Over in the U.S., things have been relatively green all week, and jumped again on November’s CPI release.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.That market-moving U.S. economic print saw core con ...

NEW YORK, Dec. 18, 2025 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers REIT and Preferred and Income Fund, Inc. (NYSE:RNP) (the "Fund") with information regarding the sources of the distribution to be paid on December 31, 2025 and cumulative distributions paid fiscal year-to-date.In December 2017, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission. The managed distribution policy seeks to deliver ...

Core Viewpoint - Cruise stocks are experiencing volatility, and the upcoming earnings report from Carnival could influence the short-term trajectory of the cruise industry [1] Industry Summary - The cruise industry is currently facing challenges, with stock performance being inconsistent [1] - Carnival's earnings report is anticipated to provide insights that may affect investor sentiment and market direction for cruise stocks [1]

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Creative Planning has signed an agreement to acquire a United Kingdom-based financial advisory firm with $4.8 billion in assets under management, according to sources with knowledge of the deal. Maseco Private Wealth, based in London, has clients in the U.K. and U.S., and specializes in working with expatriates from both countries. The U.K. firm worked with investment bank Houlihan Lokey on the ...

[Chart courtesy of MarketWatch.com][Chart courtesy of MarketWatch.com]Moving the marketThe markets started with a bang after the delayed November CPI dropped softer than anyone expected—headline at 2.7% year-over-year and core at 2.6% (way below the 3.1%/3.0% guesses).No October data to compare because of the shutdown, so economists aren’t calling it a slam-dunk trend yet, but traders didn’t care—they hit the buy button hard.Micron was the hero, rocketing 9% on a beat-and-raise quarter and strong guidance, ...