The luxury fashion house has appointed Helene de Tissot, a top finance executive at Pernod Ricard, to succeed retiring CFO Philippe Blondiaux. The move comes as Chanel focuses on maintaining its growth trajectory.
The global truck manufacturer now expects adjusted EBIT of €3.6 billion to €4.1 billion for the full year, citing a revised tariff structure and robust performance in its North American division.
The Farnborough International Airshow concluded with over 300 firm aircraft orders, a Reuters tally shows, with Boeing securing a narrow lead over rival Airbus. The total fell short of higher expectations amid persistent supply-chain and production challenges across the aerospace industry.
Southwest Airlines is set to report Q2 earnings, providing the first major test of its new strategy involving checked bag fees and assigned seating. With the stock up 35% in the last quarter, investors will be closely watching for signs that the high-stakes pivot is boosting revenue.
The U.S. Food and Drug Administration is defending its investigation into a widespread cyclosporiasis outbreak linked to Taylor Farms, stating its case remains strong despite retracting a positive test result on a lettuce sample.
UBS analysts expect the aluminum market's tightness to ease as new supply comes online, forecasting that prices will rebase above the cost curve, benefiting major integrated producers.
The German exchange operator reported a net profit of €569 million for the second quarter, surpassing analyst expectations and raising its full-year treasury income forecast.
Micron Technology is experiencing an unprecedented earnings surge driven by demand for its High Bandwidth Memory (HBM) for AI, but investors are weighing whether this marks a permanent structural shift or another cyclical peak for the historically volatile chipmaker.
Intuitive Surgical (ISRG) shares fell sharply after the company issued a conservative full-year forecast for da Vinci procedure growth, overshadowing a strong second-quarter earnings beat and creating a conflict between the stock's weak technicals and robust fundamentals.
