Deira Trading Company

GM folding its all-electric BrightDrop vans into Chevrolet brand

Brightdrop EV600 van Source: Brightdrop DETROIT – General Motors is folding its all-electric BrightDrop commercial vans into the Chevrolet brand in an attempt to increase sales, accessibility and recognition of the vehicles. The change is expected to expand the selling and service points from a handful of dealers to Chevrolet’s large network of North American […]

Where are low-cost airlines cutting back now? New planes

JetBlue Airways, Spirit Airlines and United Airlines airplanes proceed to gates after landing at Newark Liberty International Airport in Newark, New Jersey on May 30, 2024. Gary Hershorn | Corbis News | Getty Images Airlines that spent years clamoring for new jets are changing their tune. Cash-strapped, low-cost and deep discounter airlines are putting off […]

Best Buy (BBY) earnings Q2 2025

Best Buy raised its fiscal-year profit guidance Thursday after exceeding earnings and revenue expectations for the most recent quarter. Shares of Best Buy jumped more than 15% in morning trading Thursday. The retailer now expects to see full-year adjusted earnings per share in the range of $6.10 to $6.35, up from a prior range of […]

American Eagle (AEO) earnings Q2 2024

American Eagle missed Wall Street’s sales targets for a second quarter in a row on Thursday, but profit grew by nearly 60% thanks in part to lower product costs.  The company’s shares fell roughly 3% in early trading Thursday. Here’s how the apparel company did in its fiscal second quarter compared with what Wall Street […]

Lululemon (LULU) earnings Q2 2024

Lululemon lowered its guidance and posted its first revenue miss in more than two years on Thursday after it botched a highly anticipated product launch and growth slowed in the Americas.  The company now expects full-year net revenue to be between $10.38 and $10.48 billion, down from a previous range of between $10.7 billion and […]

Ulta earnings Q2 2024

Ulta Beauty shares sank 7% in extended trading Thursday as the company fell short of second-quarter expectations and trimmed its full-year guidance after a decline in same-store sales during the most recent period. It was the company’s first earnings per share miss since May 2020 and first revenue miss since December 2020. Comparable sales for […]

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