Investors

Target Raises Holiday Sales Forecast On Robust Apparel, Toy Demand

Target raised its holiday-quarter comparable sales forecast, buoyed by robust shopper demand for clothing, toys and beauty products during November and Dec...

Investors Mining 'Alternative Data' To Predict Retailers' Results

Heading into holidays some expect to disappoint, Wall Street investors like Goldman Sachs are using new ways to monitor shoppers' actions and intentions to...

Alibaba Aims To Raise $5 Billion In Dual Currency Bond Deal, Sources Say

China's biggest e-commerce company Alibaba Group is aiming to raise $5 billion (€4.74 billion) in multi-tranche dollar and offshore Chinese yuan bonds...

Heineken Quarterly Revenue Slightly Ahead Of Forecasts

Heineken's third-quarter sales figures beat forecasts, buoyed by higher priced and non-alcoholic beers, while full-year guidance was left unchanged.

Katy Perry-Backed Food Products Firm Bragg Explores Sale, Sources Say

Bragg Live Food Products, which is backed by celebrities Katy Perry and Orlando Bloom, is exploring a sale that could value the maker of apple cider vinega...

Sustainability Needs To Work For Investors, Danone CFO Says

Decisions based on sustainability need to offer financial returns to ensure they attract investors, Danone finance chief Juergen Esser told Reuters.

Amazon Forecasts Quarterly Revenue Below Estimates

Amazon.com forecast second-quarter revenue below Wall Street expectations, as it expects tepid spending from cost-conscious businesses on its cloud-computi...