Consumer goods

Amer Sports shares fall 6% on bigger-than-expected Q4 loss

Amer Sports shares fall 6% on bigger-than-expected Q4 loss

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Posted: March 5, 2024 at 8:30 am ET Shares of Amer Sports Inc. fell 6% in premarket trade on Tuesday after the Finnish sportswear company reported its first quarterly results since its February IPO. The company, which includes the Arc’teryx, Salomon and Wilson brands, reported better-than-expected fourth-quarter revenue boosted by China and a bigger-than-expected loss. …

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Case for simplified investing: good US stocks and a few bonds

Case for simplified investing: good US stocks and a few bonds

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I guess I’m a financial nudist. I’m not advocating portfolio rebalancing in buff or anything like that, although I’m not judging. And it has nothing to do with RCI Hospitality Holdings , the publicly traded parent company of Rick’s Cabaret, Tootsie’s, Jaguars, Foxy’s, Heartbreakers, Temptations, Chicas Locas — too many establishments to list, really — …

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Will the Magnificent Seven be in for another whip? What to expect from tech stocks in 2024

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It’s been a year of wonder — for several U.S. tech stocks. Investors who missed out on the year’s windfall may be wondering if there’s still room in 2024 to point fingers at Magnificent Seven stocks, given the backdrop of where the Federal Reserve is expected to reverse to lower interest rates and to ease …

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