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Tired trends make their way to Macy’s

BREAKINGVIEWS-Tired trends make their way to Macy’s The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Jennifer Saba NEW YORK, Jan 26 (Reuters Breakingviews) - The cycle of unfashionable ideas has arrived at Macy’s M.N doorstep. The department store owner is the latest to be targeted by retail bargain-shoppers.
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U.S. Meta Platforms, Qualcomm, Visa

U.S. RESEARCH ROUNDUP-Meta Platforms, Qualcomm, Visa Jan 23 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Meta Platforms, Qualcomm, and Visa, on Tuesday. HIGHLIGHTS * Coinbase Global Inc COIN.O : JP Morgan cuts to underweight from neutral * Meta Platforms Inc META.O : Canaccord Genuity raises target price to $450 from $430 * Qualcomm Inc QCOM.O : Wells Fargo raises target price to $120 from $110 * Visa Inc V.N : JP
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US corporate bankruptcies hit 13-year peak in 2023

FACTBOX-US corporate bankruptcies hit 13-year peak in 2023 Updates with data for December and year-end milestone By Bansari Mayur Kamdar Jan 10 (Reuters) - U.S. corporate bankruptcy filings touched a 13-year high in 2023, as elevated interest rates and sticky inflation hit the companies. There were 50 corporate bankruptcy petitions in December, according to data from S&P Global Market Intelligence, bringing the total count last year to 642, the highest since 2010. Consumer discretionary sector r
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U.S. Beyond, Cintas, Nike

U.S. RESEARCH ROUNDUP-Beyond, Cintas, Nike Dec 22 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Beyond, Cintas and Nike, on Friday. HIGHLIGHTS * Beyond Inc BYON.N : Wedbush raises target price to $33 from $25 * Cintas Corp CTAS.O : RBC raises target price to $645 from $525 * Nike Inc NKE.N : HSBC raises target price to $120 from $113 * Tesla Inc TSLA.O : Wedbush raises target price to $350 from $310 * Walgreens WBA
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US bankruptcy wave may stretch into 2024, but pace could slow

GRAPHIC-US bankruptcy wave may stretch into 2024, but pace could slow By Bansari Mayur Kamdar Dec 13 (Reuters) - The retail sector could continue to lead U.S. bankruptcies next year due to sticky inflation and high interest rates, but analysts expect easing monetary policy to offer some respite in the second half of 2024. There have been 591 U.S. corporate bankruptcy filings so far this year, the highest since 2020 , according to data from S&P Global Market Intelligence.
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