Tag: disruptions

TUI AG Shares Jump on Swing to Profit, Record Revenue
World

TUI AG Shares Jump on Swing to Profit, Record Revenue

Updated Dec. 6, 2023 3:53 am ETTUI AG shares jumped as much as 7.6% in early trade after the company reported a swing to net profit for fiscal 2023 on record revenue and said that it expects revenue for the year ahead to grow at least 10%.Shares at 0806 GMT were up 32.0 pence, or 6.25%, at 544.0 pence, having peaked at 551.54 pence shortly after market open.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Blackpink’s Contract Renewal Sends Shares of K-Pop Label YG Soaring
World

Blackpink’s Contract Renewal Sends Shares of K-Pop Label YG Soaring

YG Entertainment shares surged after the label behind K-pop girl group Blackpink renewed exclusive contracts with all four members of the multinational band.Shares of the South Korean talent company rose as much as 29% to 61,900 won ($47.12) in early afternoon trading, on track for their biggest daily percentage gain since listing in November 2011, according to FactSet.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Rising Treasury Yields Pull Stocks Lower
Money

Rising Treasury Yields Pull Stocks Lower

Updated Dec. 4, 2023 5:30 pm ETStocks, bonds and precious metals retreated Monday, reversing course after markets last week extended a monthlong stretch of gains. Higher bond yields weighed on shares of large technology companies, pressuring the broader stock market. The tech-focused Nasdaq Composite lost 0.8%, and the benchmark S&P 500 dropped 0.5%. The Dow industrials slipped 0.1%, or 41 points, snapping a four-day win streak.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Rising Treasury Yields Pull Stocks Lower
World

Rising Treasury Yields Pull Stocks Lower

Stocks, bonds and precious metals retreated Monday, reversing course after markets last week extended a monthlong stretch of gains. Higher bond yields weighed on shares of large technology companies, pressuring the broader stock market. The tech-focused Nasdaq Composite lost 0.8%, and the benchmark S&P 500 dropped 0.5%. The Dow industrials slipped 0.1%, or 41 points, snapping a four-day win streak.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
The Stocks Investors Are Putting Under the Tree
Money

The Stocks Investors Are Putting Under the Tree

Retailers are making modest predictions about the holiday shopping season—and their stocks are going gangbusters in response.Victoria’s Secret, Foot Locker, Ulta Beauty and Dollar Tree are among the companies that offered somewhat mixed assessments of the state of the shopper last week. Yet each received an ovation from investors.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
The Stocks Investors Are Putting Under the Tree
World

The Stocks Investors Are Putting Under the Tree

Retailers are making modest predictions about the holiday shopping season—and their stocks are going gangbusters in response.Victoria’s Secret, Foot Locker, Ulta Beauty and Dollar Tree are among the companies that offered somewhat mixed assessments of the state of the shopper last week. Yet each received an ovation from investors.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8