September 12 (Reuters) – Microsoft (MSFT.O)opens new tab said its cloud-based productivity software suite, which includes Word, Excel and Teams among other widely used tools, had recovered from an outage that affected thousands of users on Thursday. “We can confirm that the issue affecting connectivity to Microsoft services is now resolved,” the Windows parent company […]
Aug 29 (Reuters) – Birkenstock (BIRK.N)opens new tab Quarterly earnings expectations were missed on Thursday as the German sandal maker’s global expansion and production increases led to a decline in its margins, sending shares down 12% in early trading. Due to strong global demand and to increase sales through its own channels, where products are […]
Article 1 of 2 The logo of Seven & i of Japan is seen at its 7-Eleven convenience store in Tokyo, Japan, August 19, 2024. REUTERS/Kim Kyung-Hoon/File Photo (1/2)The logo of Japan’s Seven & i is seen at its 7-Eleven convenience store in Tokyo, Japan, August 19, 2024. REUTERS/Kim Kyung-Hoon/File Photo Purchase Licensing rightopens new […]
Aug 27 (Reuters) – Nordstrom (JWN.N)opens new tab The company reported second-quarter profit that beat estimates on Tuesday. Revenue was boosted by key anniversary sales, sending shares up nearly 7% in after-hours trading. The upscale department store chain also raised the lower limit of its annual forecast for comparable sales growth to 0% to 2% […]
Aug 27 (Reuters) – A U.S. appeals court on Tuesday upheld $300,000 in compensation for a former Walmart employee with Down syndrome who was fired because of her disability after 15 years with the company, according to the Equal Employment Opportunity Commission. A unanimous three-member panel of judgesopens new tab of the Chicago-based 7th U.S. […]
Aug 23 (Reuters) – U.S. energy companies increased the number of their oil and natural gas rigs in operation this week for the first time since late June, energy services company Baker Hughes (BKR.O) said.opens new tab said in his eagerly awaited report on Friday. The number of oil and gas rigs, an early indicator […]
Aug 22 (Reuters) – Ross Stores (ROST.O)opens new tab The company raised its earnings forecast for fiscal 2024 and released second-quarter results on Thursday that beat Wall Street estimates, benefiting from demand for discounted clothing and falling freight costs. The company’s shares rose nearly 6% in extended trading as the company’s strategy of lowering prices […]
NEW YORK, Aug 22 (Reuters) – Evolent Health (EVH.N)opens new tab is currently in talks with private equity firms and health care providers about a potential sale. The process was initiated after interest in an acquisition emerged, people familiar with the matter said Thursday. Private equity firm TPG (TPG.O)opens new tabCD&R and KKR (KKR.N)opens new […]
