By Savyata Mishra (Reuters) -Tapestry on Thursday raised its annual sales and profit forecast, driven by strong demand for its pricey Tabby bags and suede boots across Europe, North America and China, sending its shares surging 16% in premarket trading. The New York-based firm also posted better-than-expected second-quarter results as sales of its Coach brand rose 10% on a constant...

07:56 AM EST, 02/06/2025 (MT Newswires) -- CI Financial ( CIXXF ) subsidiary Corient said on Thursday that it has acquired Rootstock Advisors, a Pennsylvania-based registered investment advisory firm with about US$600 million in assets under management. Corient said the acquisition strengthens its ability to serve ultra-high-net-worth clients and expands its presence in the Pittsburgh region. Rootstock provides comprehensive family...

07:53 AM EST, 02/06/2025 (MT Newswires) -- AGCO ( AGCO ) reported Q4 adjusted earnings Thursday of $1.97 per diluted share, down from $3.78 a year earlier. Analysts polled by FactSet expected $1.90. Net sales for the quarter ended Dec. 31 were $2.89 billion, compared with $3.80 billion a year earlier. Analysts surveyed by FactSet expected $3.17 billion. The company...

07:55 AM EST, 02/06/2025 (MT Newswires) -- Huntington Ingalls Industries ( HII ) reported Q4 earnings Thursday of $3.15 per diluted share, down from $6.90 a year earlier. Analysts polled by FactSet expected $3.38. Revenue for the quarter ended Dec. 31 was $3.0 billion, down from $3.18 billion a year earlier. Analysts surveyed by FactSet expected $3.05 billion. The company...