News by Scott Kanowsky on Investing.com

H&M slips as first-quarter sales growth misses estimates By Investing.com - Mar 15, 2023

By Scott Kanowsky Investing.com -- Shares in H & M Hennes & Mauritz AB B (ST:HMb) slumped on Wednesday after the Swedish fast fashion retailer announced first-quarter sales...

European stocks move lower as recovery in bank shares loses steam By Investing.com - Mar 15, 2023

By Scott Kanowsky Investing.com -- European stock markets slipped on Wednesday, with banks paring back early gains, as investors eye developments in the U.S. financial sector and...

Zara owner Inditex reports surge in annual profit as sales hit record high By Investing.com - Mar 15, 2023

By Scott Kanowsky Investing.com -- Zara-owner Inditex (BME:ITX) posted a 29% jump in annual profit despite a slowdown in top-line returns in the final quarter, thanks to...

U.S. authorities investigating collapse of Silicon Valley Bank - WSJ By Investing.com - Mar 14, 2023

By Scott Kanowsky Investing.com -- U.S. authorities from the Justice Department and Securities and Exchange Commission are investigating the failure of Silicon Valley Bank...

Apollo Global to buy chemicals firm Univar in $8.1 billion deal By Investing.com - Mar 14, 2023

By Scott Kanowsky Investing.com -- Shares in Univar Solutions Inc. (NYSE:UNVR) jumped by more than 12% on Tuesday after the chemical company announced that Apollo Global...

First Republic, PacWest rise premarket; United Airlines, BuzzFeed fall By Investing.com - Mar 14, 2023

By Scott Kanowsky Investing.com -- Stocks in focus in premarket trade on Tuesday, March 14th. Please refresh for updates. Shares in regional U.S. banks rose, but any rebound hopes...

Ride-sharing apps rise after California court upholds most of gig driver law By Investing.com - Mar 14, 2023

By Scott Kanowsky Investing.com -- Ride-sharing apps Uber Technologies Inc (NYSE:UBER) and Lyft Inc (NASDAQ:LYFT), as well as food delivery platform DoorDash Inc...

U.S. stock futures rise as investors eye SVB fallout, key inflation data By Investing.com - Mar 14, 2023

By Scott Kanowsky Investing.com -- U.S. stocks are seen opening higher on Tuesday following a volatile previous session marked by concerns over the collapse of Silicon Valley...

Volkswagen unveils new €180B investment plan as part of electrification push By Investing.com - Mar 14, 2023

By Scott Kanowsky Investing.com -- Volkswagen AG VZO O.N. (ETR:VOWG_p) outlined a sweeping €180 billion (€1=$1.0708) plan to invest in battery production and boost performance in...

European banking stocks extend decline as SVB collapse concerns persist By Investing.com - Mar 14, 2023

By Scott Kanowsky Investing.com -- European stock markets were mixed on Tuesday, with banks edging lower, as investors fret over an ongoing banking crisis in the U.S. and an...