Tag: OF

  • Wall St falls on bank stocks tumble, jobs report jitters

    Investors are looking forward to Friday’s jobs report Bank shares plummet after SVB announces share sale General Electric rises after repeated forecast Indexes down: Dow 1.85%, S&P 1.66%, Nasdaq 2.05% March 9 (Reuters) – Wall Street’s three major stock indices closed lower on Thursday, with banking stocks the biggest drag, while investors also worried Friday’s […]

  • Adidas boss sees turnaround after Kanye West split

    Split with Kanye West weighs on 2022 results Dividend drops to 0.7 euros/share CEO promises turnaround after predicted loss in 2023 Adidas is still deciding whether to reuse Yeezy stock HERZOGENAURACH, Germany/London, March 8 (Reuters) – Adidas (ADSGn.DE) will cut its dividend for 2022, the sportswear maker said on Wednesday, after warning that a split […]