Cinemark credit outlook revised to positive at S&P on robust box office expectations
The positive outlook is based on the expectation that Cinemark will reduce its S&P Global Ratings-adjusted leverage to the mid-2x area over the next 12 months. However, fluctuations in theatrical ...
Cholula maker McCormick forecasts tepid annual sales, profit
(Reuters) -Cholula hot sauce maker McCormick (NYSE: MKC) forecast annual sales and profit below analysts' estimates on Thursday, hurt by flat demand for its spices and condiments, especially in China, ...
Nikola stock plummets amid potential sale to ease cash woes
The company's financial position has weakened, with cash and cash equivalents dwindling to $198.3 million at the end of September from $464.7 million at the end of the previous year. Over the course ...
Stock market today: S&P 500 in record close as Trump says he'll demand lower rates
At 4:00 p.m. ET (21:00 GMT), the S&P 500 index closed 0.5% higher to a record of 6,118.72, while the Dow Jones Industrial Average rose 408 points, or 0.9%, and the NASDAQ Composite added 0.2%.
Explainer-Trump says corporate diversity efforts are illegal - but are they?
(Reuters) - President Donald Trump has issued an executive order designed to eradicate workforce diversity, equity and ...
AI tool Operator launched by OpenAI, capable of performing web tasks independently
Operator can manage a variety of repetitive browser tasks, including filling out forms, ordering groceries, and creating memes. This tool expands the functionality of AI by using the same interfaces ...
OpenAI unveils tool to automate web tasks as AI agents take center-stage
(Reuters) - Generative artificial intelligence heavyweight OpenAI on Thursday previewed an AI agent that can carry out tasks on the web for users, as it seeks to enhance its chatbot amid intensifying ...
Booking Holdings shares rise after court victory
Investing.com -- Shares of Booking Holdings (NASDAQ: BKNG) climbed 3% following the news that a federal court overturned a jury verdict that had previously held the company liable for violating a ...
Lululemon’s Comeback: Is This Yoga Brand Still Undervalued?
Despite recent gains, Lululemon’s valuation remains relatively low compared to peers, suggesting potential upside if growth continues. However, risks from competition, shifting consumer trends, and ...
Argentina economy expands for first time since middle of last year
BUENOS AIRES (Reuters) - Argentina's economy grew for the first time in half a year, posting a modest 0.1% year-on-year expansion in November that beat expectations, official data showed on Thursday.
Ionis stock rises on FDA, EMA nod for SMA drug dose increase
Investing.com -- Shares of Ionis Pharmaceuticals (NASDAQ: IONS) climbed 7% today after the company announced that regulatory agencies in the United States and Europe have accepted applications for a ...
Booz Allen, SAIC shares fall on CACI bookings drop
CACI International reported a 45% decrease in contract awards for the second quarter, totaling $1.2 billion, down from $2.2 billion in the same period last year. This significant drop has investors ...