Tiffany and LVMH Deal Looms Over Early Year Outlook
Wall Street expects Tiffany & Co to report a weak fiscal first quarter with declines in earnings and revenue from a year ago. LVMH agreed to buy Tiffany for 16.2 billion dollars, adding the New York jeweler to a portfolio that already includes Louis Vuitton, Dior and Bulgari. The Federal Reserve will release April consumer credit figures showing a potential 25 billion dollar drop, following a 12 billion dip in March, underscoring cautious spending and debt trends in households.
MENTIONED IN THIS ARTICLE
Wall Street
Tiffany & Co
LVMH
New York
Jeweler
Louis Vuitton
Christian Dior
Bulgari
Federal Reserve
Wall Street Pauses As Stocks Give Back Some Gains
Wall Street paused on Thursday with the S&P 500 slipping for the first time in five sessions. The market saw strength in steady stocks but investors shifted as news highlighted Costco sales gains and Navistar earnings beating forecasts while software firm Elastic NLV issued a weak yearly revenue forecast.
MENTIONED IN THIS ARTICLE
Wall Street
S&p
U.S
Costco
Navistar Inter
Demand Drives Local Food Shift In Kansas Markets
Graze The Prairie co owner Linda Pechin Long says demand outstrips processing slots for beef in Flint Hills area. Farmers markets report rising crowds as shoppers seek local, safely produced goods amid coronavirus. Vendors like Natural to the Core and Miller's Homestyle Meals expand delivery and open air markets see record sales.
MENTIONED IN THIS ARTICLE
Walnut Valley
Linda Pechin-Long
Prairie
Flint Hills
Luke Snow
Old Town Farm and Art Market
Wichita
Kansas
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Dow
Labor Department
Ibe
Dow Jones
DJ Fem AM
DOW Trans
Wilshire
Russell
Com- Orange Juice
the Associated Press
Diane Delen
Federation of Belgian Cates
Smar
Atari
Ciuse
Cloudera
FIS
eBay
Fanald
RTN
AMC Entertainment
AMC
At&t Inc T
Alphabet Inc C Goog
Amazon.com Inc
AMZN
Anheuser-Busch
ATO
Atmos Energy Bank of America Bac
Berry Plastics Grp Bery
Black Hills Corp Bkh
Boeing Co BA
CFFN
Capitol Federal Center
CERN
Colgate-Palmolive cL
TZAL
Cmrce Bncsh
MO Cbsh
Energy Inc Evrg
Ford Motor F
Garmin Ltd Grmn
Gen Dynamics
General Motors Co
Goodyear GT
Israel Chemicals Ick
KC Southern Ksa
KSS
Kohls Corp Kroger Co KR
Merck & Co Mrk
NIC Inc Egov
Natl Bank Hidgs Corp Nbhc
SLB
Schlumberger Ltd
Seabord Co Seb
Smucker, JM Sum
Spirit Aerosystems Spr
T-Mobile US Inc
TMUS
TGT
Target Corp
UMB Financial
UMBF
US Bancorp
USB
Verizon Comm VZ
Waddell & Reed
WDR
WalMart Strs
WMT
Waranty
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