TLTRIS

Estee Lauder, Canada Goose slash annual targets as China recovery falters

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Estee Lauder, Canada Goose slash annual targets as China recovery falters

[1/2]An Estee Lauder cosmetics counter is seen in Los Angeles, California, U.S., August 19, 2019. REUTERS/Lucy Nicholson/File Photo Acquire Licensing Rights Nov 1 (Reuters) – Estee Lauder (EL.N) and Canada Goose Holdings (GOOS.TO), on Wednesday cut their annual forecasts as the luxury goods companies grapple with weak demand in high-growth market China. Estee’s shares tumbled … Read more

Wall Street gyrates after Fed keeps rates steady, warns of higher for longer

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Wall Street gyrates after Fed keeps rates steady, warns of higher for longer

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 11, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights Fed sees 25 bp hike this year, 50 bp cuts in 2024 Fed’s projections see inflation approaching goal at end of 2025 Klaviyo jumps in debut Indexes: Dow up … Read more