10:24 AM EDT, 05/21/2024 (MT Newswires) -- Macy's (M) lifted its full-year earnings outlook on Tuesday after the department store operator's fiscal first-quarter bottom-line topped market expectations. The company now anticipates per-share adjusted earnings to come in between $2.55 and $2.90 for the ongoing year, up from its prior forecast of $2.45 to $2.85. The consensus on Capital IQ is...

10:17 AM EDT, 05/21/2024 (MT Newswires) -- Elie Melhem, President, Asia Pacific, Middle East & Africa, on May 20, 2024, sold 2,051 shares in Watts Water Technologies ( WTS ) for $442,011. Following the Form 4 filing with the SEC, Melhem has control over a total of 13,226 shares of the company, with 13,226 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/795403/000122520824006268/xslF345X03/doc4.xml...

SEOUL (Reuters) -Sixteen companies at the forefront of developing Artificial Intelligence pledged on Tuesday at a global meeting to develop the technology safely at a time when regulators are scrambling to keep up with rapid innovation and emerging risks. The companies included U.S. leaders Google, Meta, Microsoft and OpenAI, as well as firms from China, South Korea and the United...

10:22 AM EDT, 05/21/2024 (MT Newswires) -- (Updates with the latest stock movement in the headline and the first paragraph.) Gaotu Techedu ( GOTU ) shares fell by nearly 15% in recent Tuesday trading after the company swung to a Q1 loss and issued a lower-than-expected Q2 revenue outlook. The Chinese education company swung to a Q1 loss of 0.05...