© Reuters. FILE PHOTO: Anti-affirmative action activist Edward Blum, founder of Students for Fair Admissions (SFFA), speaks to reporters at the “Rally for the American Dream-Equal Education Rights for All,” ahead of the start of the trial in a lawsuit accusing Harva By Nate Raymond (Reuters) -A group founded by…

© Reuters. Texas Instruments (TXN) downgraded as Oppenheimer sees sustained margin pressure Oppenheimer analysts downgraded shares of Texas Instruments (NASDAQ:) to Perform from Outperform in a note to clients Wednesday, removing its price target for the stock. In their note previewing the company’s Q3 earnings release, the analysts said TXN…

© Reuters. Jeffrey J. Brown, the CEO of Ally Financial (NYSE:) Inc., has announced his resignation, effective at the end of January 2024, concluding a 14-year tenure at the financial institution. Following his departure, Brown will assume the presidency at Hendrick Automotive Group, a major Ally client and America’s largest…

Domino’s Earnings: What To Look For From DPZ Fast-food pizza chain Domino’s (NYSE:DPZ) will be reporting results tomorrow morning. Here’s what to expect. Last quarter Domino’s reported revenues of $1.02 billion, down 3.81% year on year, missing analyst expectations by 4.28%. It was a weak quarter for the company, with…

What To Expect From SMART’s (SGH) Q4 Earnings Semiconductor maker SMART Global Holdings (NASDAQ:SGH) will be reporting results tomorrow after the bell. Here’s what to expect. Last quarter SMART reported revenues of $383.3 million, down 17.1% year on year, beating analyst revenue expectations by 2.2%. It was a mixed quarter…

© Reuters. The outdoor sign seen at the DaVita Dialysis clinic in Denver February 16, 2016. REUTERS/Rick Wilking/File Photo By Mariam ESunny (Reuters) – Shares of dialysis service providers fell sharply on Wednesday after Novo Nordisk (NYSE:)’s Ozempic showed early signs of success in delaying the progression of kidney disease…

© Reuters. Birkenstock (BIRK) IPO Opens Below Offering Price The IPO of footwear company Birkenstock (BIRK) opened for trading at $41 after earlier pricing the offering of 32,258,064 ordinary shares at a public offering price of $46 per share. Birkenstock is offering 10,752,688 ordinary shares and the selling shareholder is…

© Reuters. Boeing Company (NYSE:) has intensified its strategic investment in Brazil by inaugurating an Engineering and Technology Center in São José dos Campos, marking the addition of one more to its 15 worldwide sites. This move underscores Boeing’s commitment to leveraging the technical abilities of Brazilian engineers, as it…

Investing.com — Birkenstock fell on its stock market debut Wednesday as German sandal maker struggled to drum up demand in early trade. Birkenstock Holding ltd (NYSE:) opened at $41 on the New York Stock Exchange, in afternoon trading under the tick “BIRK,” down about 11% from its IPO price of $46 a…

2/2 © Reuters. A Birkenstock shoe is displayed at Birkenstock shoe store in London, Britain, October 11, 2023. REUTERS/Toby Melville 2/2 (Reuters) – Luxury sandal maker Birkenstock notched a valuation of $8.32 billion in its market debut on Wednesday after shares opened 11% below their offer price. The stock began…