Tag : Earnings Report

H&M shares fall as fourth-quarter sales miss forecasts despite profit gains
Business

H&M shares fall as fourth-quarter sales miss forecasts despite profit gains

manamalive.com
Shares of H&M fell on Thursday after the Swedish fashion retailer reported lower-than-expected fourth-quarter sales, despite a slight increase in full-year operating profit. The company cited the later timing of Black Friday as a factor...
Tech stocks feel the heat from soaring Treasury yields
Business

Tech stocks feel the heat from soaring Treasury yields

manamalive.com
On Wednesday, U.S. stock markets experienced significant shifts, as investors navigated through diverse earnings reports and evolving Treasury yields. Notable indices showed marked volatility, with the Dow Jones Industrial Average declining by approximately 0.4%, the...