Wilson tennis racket maker Amer Sports rises 3% in tepid market debut
Wilson products at the Paragon Sports store in the Chelsea neighborhood of New York on Jan. 4, 2024.Jeenah Moon |…
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Ferrari finishes a record year by topping Wall Street’s estimates
Car key for the Ferrari Purosangue SUV.Adam Jeffery | CNBCLuxury sports car manufacturer Ferrari topped Wall Street’s top- and bottom-line…
Peloton shares plummet 24% as fitness company gives dismal outlook
Shares of Peloton plunged on Thursday after the fitness company warned investors it is still months away from growing sales…
Main Street is more optimistic this year even as inflation persists, survey says
U.S. President Joe Biden speaks during a Rose Garden event at the White House to mark National Small Business Week…
Peloton shares plummet 20% as fitness company gives dismal outlook
Shares of Peloton plunged on Thursday after the fitness company warned investors it is still months away from growing sales…
Peloton shares plunge after fitness company posts mixed holiday results, dismal quarterly guidance
Peloton managed to turn a gross profit off of its pricey connected fitness products for a second quarter in a…
Lululemon to launch first men’s footwear line as it chases growth in crowded athletic apparel space
Canadian sportswear clothing band, Lululemon store in Hong Kong.Budrul Chukrut | Lightrocket | Getty ImagesLululemon is launching its first men’s…
Merck results beat expectations as top drugs Keytruda, Gardasil post strong sales
The logo for Merck & Co. is displayed on a screen at the New York Stock Exchange (NYSE) in New…
Starbucks’ earnings report was weak — but Wall Street expected worse
A customer exits a Starbucks store in Manhattan on Jan. 30, 2024, in New York City.Spencer Platt | Getty ImagesWall…
Byron Allen, offering $14 billion for Paramount, has a long history of media bids that haven’t materialized
Byron Allen, founder, chairman and CEO of the Allen Media Group, speaks during the Milken Institute Global Conference in Beverly…
Adidas won’t write off remaining Yeezy inventory, plans to sell ‘at least’ at cost
Shoes are offered for sale at an Adidas store in Chicago on Feb. 10, 2023.Scott Olson | Getty ImagesAdidas announced…
Biogen drops controversial Alzheimer’s drug Aduhelm to focus on Leqembi, experimental treatments
The Biogen headquarters in Cambridge, Massachusetts, on Oct. 24, 2023.Vanessa Leroy | Bloomberg | Getty ImagesBiogen on Wednesday said it…
Boeing holds off on 2024 guidance as CEO says ‘we caused’ 737 Max 9 midair blowout
Boeing narrowed its losses at the end of last year, but its CEO said now is “not the time” for…
PGA Tour secures up to $3 billion from U.S. investors as LIV Golf merger hangs in the balance
The PGA Tour logo is seen during the third round of the Travelers Championship at TPC River Highlands in Cromwell,…
Walmart plans to add more than 150 large-format stores across the U.S.
Walmart Inc. President and CEO Doug McMillon delivers a keynote address during CES 2024 at The Venetian Resort Las Vegas…
GSK posts blowout RSV vaccine sales, raises outlook as shots give big pharma a boost
Company logo of pharmaceutical company GlaxoSmithKline is seen at their Stevenage facility, Britain October 26, 2020. Dado Ruvic | ReutersGlaxoSmithKline on…
Starlab, meet Starship: Private space station buys SpaceX launch for later this decade
An artist’s rendering of the Starlab space station in low Earth orbit.Voyager Space / Starlab Space LLCA contract written in…
Boeing narrows losses but holds off on 2024 guidance as 737 Max 9 crisis looms
A grounded Boeing 737 Max 9 aircraft at Los Angeles International Airport.Eric Thayer | Bloomberg | Getty ImagesBoeing narrowed its…
To stream or not to stream: Hollywood studios could send more films to the big screen as Wall Street pushes for profits
Bebe Wood, Renee Rapp and Avantika Vandanapu star as The Plastics in the 2024 adaptation of “Mean Girls.”ParamountParamount is making…
Boeing is set to report fourth-quarter results in the shadow of 737 Max 9 crisis
A grounded Boeing 737 Max 9 aircraft at Los Angeles International Airport.Eric Thayer | Bloomberg | Getty ImagesBoeing on Wednesday…
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