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U.S. Wholesale Inventories Rise Less Than Expected In July

Wholesale inventories in the U.S. increased by less than expected in the month of July, according to a report released by the Commerce Department on Friday. The report showed wholesale inventories rose by 0.6 percent in July after surging by 1.8 percent in June. Economists had expected wholesale inventories to climb by 0.8 percent.
RTTNews | Před 984 dny
Kroger Again Boosts FY22 Outlook - Update

Kroger Again Boosts FY22 Outlook - Update

While reporting financial results for the second quarter on Friday, supermarket chain Kroger Co. (KR) raised its adjusted earnings and identical sales outlook for the full-year 2022.
RTTNews | Před 984 dny
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AirNet Appoints Dan Shao To Replace Herman Man Guo As CEO

AirNet Appoints Dan Shao To Replace Herman Man Guo As CEO

AirNet Technology Inc. (ANTE), formerly known as AirMedia Group Inc., announced Friday changes in its board of directors and management. The company appointed Dan Shao, the spouse of Herman Man Guo, as the chief executive officer to replace Guo, effective from September 9, 2022.
RTTNews | Před 984 dny
MOGU Board Authorizes To Repurchase Up To $10 Mln Of Shares

MOGU Board Authorizes To Repurchase Up To $10 Mln Of Shares

MOGU, Inc. (MOGU), a KOL-driven online fashion and lifestyle retailer, announced Friday that its board of directors has authorized a new share repurchase program, where the Company is authorized to repurchase up to $10 million of its shares, effective until August 31, 2023.
RTTNews | Před 984 dny
CAC 40 Climbs After ECB's Jumbo Rate Hike

CAC 40 Climbs After ECB's Jumbo Rate Hike

French stocks jumped on Friday, a day after the European Central Bank raised interest rates by a record 75 basis points and signaled further hikes to tame runaway inflation.
RTTNews | Před 984 dny

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