Wed, Nov 27, 2024 5:44 PM
Best value ETFs: Top funds that hold bargain-priced stocks
A Flip by Avya Verma
Urban Outfitters' shares surged 14% after reporting a Q3 earnings beat, driven by rising sales at Free People and Anthropologie, despite declining sales at its namesake stores. The company sees a "remarkably resilient" consumer and is optimistic about holiday demand, but may close or downsize some Urban Outfitters stores in the coming years.
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The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial estimate of third-quarter growth. U.S. gross domestic product — the economy's output of goods and services — slowed from the April-July rate of 3%, the Commerce Department reported Wednesday.
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Padam Cotton Yarns Ltd on Wednesday, November 27, 2024, announced bonus shares for its shareholders, the penny stock in the textile products sector said in a regulatory filing. The company's Board of Directors, during their meeting held on November 27, 2024, approved the issuance of 38,73,000 bonus shares with a face value of ₹10 each, in a ratio of 1:1.
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