Nike Inc. reported robust quarterly sales that beat Wall Street’s expectations as the sportswear brand worked down its excess inventory, but profitability missed estimates.
A cohort of TV Azteca SAB’s creditors filed a petition to force the Mexican broadcaster into involuntary bankruptcy in the US, the latest twist in drawn-out debt talks.
GameStop Corp. swung to a surprise profit in the fourth quarter and beat analysts’ estimates for revenue, sending the shares soaring 36 per cent extended trading.
First Republic Bank surged by a record, leading a broad-based rally in US lenders, amid discussions aimed at offering further support for the beleaguered lender.
The Portuguese Navy said it’s monitoring a tanker with a fire on board off the Atlantic coast in the north of the country in case there’s any pollution.
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