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Tag: LSEG

Old logo at a Cracker Barrel restaurant in Tampa, Florida, U.S., June 1, 2021. REUTERS/Octavio Jones/File Photo

Cracker Barrel shares slump as logo change blowback dents restaurant traffic

Cracker Barrel shares fell nearly 10% before the bell on Thursday, after the restaurant chain’s short-lived decision to change its logo hit customer traffic and prompted it to scrap store remodel plans.

Read More Cracker Barrel shares slump as logo change blowback dents restaurant traffic
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 9, 2025. REUTERS/Brendan McDermid

S&P 500, Nasdaq hit record highs after inflation data boosts rate-cut bets; Oracle jumps

The S&P 500 and the Nasdaq hit intraday record highs after cooler-than-expected inflation data kept the U.S. central bank on track to cut borrowing costs this year.

Read More S&P 500, Nasdaq hit record highs after inflation data boosts rate-cut bets; Oracle jumps
Michael Fiddelke, Target's chief operating officer (COO) who is viewed as the leading internal candidate to be the next CEO, gestures during Target’s financial community meeting at The Times Center in New York, U.S., March 4, 2025. REUTERS/Siddharth Cavale/File Photo

Target stock slumps after retailer names insider Fiddelke to CEO role

In his first media call as incoming CEO, Fiddelke said his “number one goal is to get us back to growth.”

Read More Target stock slumps after retailer names insider Fiddelke to CEO role
Meta logo is seen in this illustration taken June 18, 2025. REUTERS/Dado Ruvic/Illustration//File Photo

Meta’s year of bold ‘superintelligence’ bets unlikely to pump profits

It’s crunch time for Mark Zuckerberg as he pulls out all the stops to stay relevant in Silicon Valley’s intensifying advanced artificial intelligence race.

Read More Meta’s year of bold ‘superintelligence’ bets unlikely to pump profits
A Norfolk Southern train rests near the University of North Carolina's energy generation plant, after delivering coal to the facility, in Chapel Hill, North Carolina, U.S. August 11, 2022. REUTERS/Jonathan Drake/File Photo

Union Pacific to reshape US freight rail with $85 billion deal for Norfolk

Union Pacific said it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S. coast-to-coast freight rail operator.

Read More Union Pacific to reshape US freight rail with $85 billion deal for Norfolk
Figurines with computers and smartphones are seen in front of Alphabet logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration

Alphabet jumps as AI-driven spending fuels cloud revenue surge

Alphabet shares rose more than 3% in early trading as the Google parent’s earnings underscored a key message to investors: AI spending is climbing, but so are the returns.

Read More Alphabet jumps as AI-driven spending fuels cloud revenue surge

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