Macy’s stock tumbles after takeover talks with Arkhouse and Brigade were ended

by OverviewFX | Jul 15, 2024 | Stocks

Macy’s stock tumbled early Monday, after the department-store chain said it terminated talks with private-equity firms Arkhouse Management Co. LP and Brigade Capital Management LP after failing to reach a compelling deal with committed financing.

New York Empire State factory gauge contracts for eighth straight month in July

by OverviewFX | Jul 15, 2024 | Stocks

Index falls slightly to negative 6.6, slightly below forecast

SolarEdge to cut 400 jobs, or about 7% of its workfoce

by OverviewFX | Jul 15, 2024 | Stocks

Company cites weak market conditions in Europe.

Cleveland Cliffs stock down 6% after steel producer says it’s buying Canada’s Stelco in $2.5 billion cash-and-stock deal

by OverviewFX | Jul 15, 2024 | Stocks

Stelco ships about 2.6 million net tons of flat-rolled steel annually, primarily hot-rolled steel to service center customers.

Apple’s sales increase by a third in India to $8 billion: report

by OverviewFX | Jul 15, 2024 | Stocks

Apple’s sales have reportedly surged to around $8 billion in the year ending in March compared to $6 billion a year earlier.

‘It’s a very ugly American trait’: I cried foul when basic-economy passengers grabbed premium-economy seats. The airline has finally shown me respect.

by OverviewFX | Jul 15, 2024 | Stocks

“That woman and her mother were selfish and self-interested, and believed that they were entitled to get those seats.”