Credit Suisse Struggles to Win Back Investors

The Swiss lender's $4.2 billion share sale and sweeping restructuring were supposed to regain the market's confidence. Instead, more investors are betting against the bank.

 
Kroger's Sales Continued to Climb in Third Quarter

The Cincinnati-based grocery store operator on Thursday reported third-quarter revenue of $34.2 billion, up from $31.9 billion a year ago.

 
Tesla Set to Deliver Semi Truck to PepsiCo

Elon Musk's car company is expanding beyond passenger vehicles with the delivery of its first all-electric semitrailer five years after introducing the model.

 
Blackstone to Sell Stakes in MGM Grand, Mandalay Bay

The deal would bring the investment firm a profit of more than $700 million in less than three years, including rent.

 
Toronto-Dominion Bank Profit Rise Tops Expectations

Toronto-Dominion Bank reported a rise in profit in the fourth quarter of fiscal 2022, benefiting from strong performances by its largest segments and a strong U.S. dollar.

 
Dollar General Cuts Full-Year Earnings Guidance After Warehouse Challenges

Dollar General cut its fiscal 2022 earnings guidance as the discount retailer grappled with greater-than-expected cost pressures, in part tied to challenges obtaining temporary warehouse space.

 
Lands' End Falls After Cutting Full-Year Guidance

Shares of Lands' End lost nearly a quarter of their value after the retailer cut its full-year sales outlook and said it now expects a loss for the year as it grapples with mounting inventory and slowing discretionary spending by customers.

 
Biotech Company Says Citadel, Other Big Traders Manipulated Its Stock Price

In a new lawsuit, Northwest Biotherapeutics accused market makers of illicit "spoofing" trades.

 
Netflix to Let Some Users Preview Content

The streaming giant plans a global expansion of the program that helped make "Don't Look Up" less serious.

 
Timberland Manager Manulife Moving Into Forest Carbon-Offset Market

Manulife Investment Management is raising $500 million to buy forests around the world where carbon sequestration will take precedence over logging.

(END) Dow Jones Newswires

December 01, 2022 09:15 ET (14:15 GMT)

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