GE's stock extends weekly rally as GE Aerospace sets $15 billion buyback plan

The stock is on pace for the longest such streak since the nine-week streak that ended Feb. 18, 2011. 


 
Burlington Stores' stock jumps after profit beat, as gross margin improves again

Burlington Stores' stock climbed toward a one-year high Thursday, after the discount apparel retailer reported fiscal fourth-quarter profit and sales that rose above expectations, as gross margin continued to improve and inventories fell. 


 
Tesla Stock Falls Again Amid Growth Fears. EV Rival Rivian Rises After Upgrade.

More analysts expressed concern about the Elon Musk-led EV maker's growth. 


 
Novo Nordisk Surges After Early Trial Shows New Obesity Drug Could Outperform Wegovy

Shares in Novo Nordisk hit a record high after the company presented early data for a new obesity drug suggesting it could be more effective than the Danish pharmaceutical giant's blockbuster Wegovy treatment. 


 
Abercrombie & Fitch Is Reaping the Rewards of Taking Adult Women Seriously

How do you quintuple your company's stock over the course of a year? If you're Abercrombie & Fitch, the answer is as simple as listening to your customers. 


 
How Apple Stands to Lose From Europe's New Tech Law

Under the new rules, the iPhone maker will open up parts of its lucrative app ecosystem, providing an opportunity for rivals like Google. 


 
Temu's Push Into America Pays Off Big Time for Meta and Google

The e-commerce discounter founded in China was the top advertiser by revenue at Meta Platforms last year, and was among the five top-spending advertisers at Google. 


 
Costco Stock Trades at Record Highs. What Its Earnings Have in Store.

The company-and its stock-have been reliable outperformers over the past couple of quarters. 


 
GE Aerospace to Make Its Case to Investors. It Sees $10 Billion Profit in 2028.

Analysts and investors will want to hear about the aerospace business separating from General Electric. Growth and better profit margins in jet engines will be center stage. 


 
Lufthansa Restores Dividend as Profits Jump

Lufthansa is planning its first dividend payout since the pandemic, despite reporting revenue and profits below forecasts for the fourth quarter and estimating flat earnings growth in 2024.


(END) Dow Jones Newswires

03-07-24 0915ET