By Helen Reid and Anuja Bharat Mistry (Reuters) -Birkenstock, the German maker of sandals and clogs favoured by several Hollywood celebrities, plans to raise prices globally and look for production efficiencies to offset the impact of a 10% tariff that President Donald Trump has imposed on imports to the U.S. Birkenstock (NYSE:BIRK) sandals, worn by Margot Robbie in the Barbie movie and by supermo ...
Investing.com -- On Thursday, Raymond James lowered its rating for JetBlue to Market Perform, citing a more balanced risk/reward outlook after a sharp rally in the stock. The downgrade comes just weeks after the firm issued a tactical upgrade in April.“We are downgrading JetBlue to Market Perform on more balanced risk-reward, with the shares having reached our $5.00 target price,” an ...
Investing.com - Canada’s main stock exchange climbed higher on Thursday, pointing to the possible continuation of a multi-day winning streak.By 12:15 ET, the S&P/TSX 60 index bounced by 10.5 point, or 0.7%.The Toronto Stock Exchange’s S&P/TSX composite index rose by 181.9 points, or 0.7%. Wednesday saw a gain of 75.59 points, or 0.3%, notching its highest closing level since February 1 ...
(Reuters) -Private equity firm Thoma Bravo has sold its remaining stake in Nasdaq for proceeds of about $3.4 billion, Bloomberg News reported on Thursday. Thoma Bravo divested around 43 million shares, or about 7.4% of Nasdaq, in unregistered block trades on May 7 and May 13, the report said, citing people familiar with the matter. Nasdaq and Thoma Bravo did not immediately respond to Reuters’ r ...