Johnson & Johnson shares fell Tuesday, after the company said a judge rejected its proposed plan to settle thousands of claims alleging its baby powder and other talc products cause ovarian cancer.
The former Chicago mayor and 2028 presidential contender will rejoin Centerview Partners, historically an outpost of Democratic influence.
Shares of breakfast restaurant chain First Watch Restaurant Group (NASDAQ:FWRG) jumped 7.7% in the morning session after TD Cowen upgraded the stock's rating from Hold to Buy and assigned a price target of $22, which implied a potential 20% upside. The firm anticipated improvements in same-store sales due to "more effective" marketing. This upgrade suggested that TD Cowen felt there was a decent possibility of an upward surprise to FWRG's growth projection, which could translate to improved inve
Shares of fashion conglomerate PVH (NYSE:PVH) jumped 18.7% in the morning session after the company reported impressive fourth quarter 2024 results, with sales and earnings exceeding Wall Street's expectations. In North America, sales remained steady, supported by the benefit of earlier wholesale shipments. Meanwhile, European sales declined as planned, reflecting the company's deliberate strategy to prioritize quality over volume.
U.S. equities rose at midday as investors anticipated tomorrow's tariffs announced by the White House won't be as tough as anticipated.
Airline stocks slumped Tuesday after Jefferies analysts lowered their ratings for three of the four major U.S. carriers, writing “consumer sentiment continues to disappoint.”
Progress Software shares jumped Tuesday, a day after the firm reported strong annualized recurring revenue and net retention rate.
Employers posted 7.6 million job openings in February, a sign that that the job market is slowing but remains healthy. Layoffs of federal workers hit the highest level since the COVID-19 pandemic slammed the economy in 2020, as Elon Musk's job cuts start to show up in national jobs data. The number of vacancies fell slightly from a revised 7.8 million in January and from a 8.4 million a year earlier, the Labor Department reported Tuesday.
Tommy Hilfiger and Calvin Klein owner PVH beat profit and sales forecasts on success of its long-term strategy.
Ulta upgraded, Kroger downgraded: Wall Street's top analyst calls