Ralph Lauren Slips as Three-Year Sales Guidance Disappoints

Ralph Lauren Corp. sees revenue growth remaining similar to recent rates over the next three years, according to the preppy fashion company’s latest strategic outlook. The New York-based retailer is projecting sales to grow at a mid-single-digit percentage annually...

Wall Street Raises Alarm on Trump Ending Quarterly Earnings

For more than half a century publicly-traded US corporations have reported earnings at quarterly intervals, but during an early-morning wave of social media posts on Monday, President Donald Trump reignited a long-standing debate over the requirement. Trump is pushing...

Investors Cut Dollar Exposure at Record Pace, Deutsche Bank Says

Overseas investors are slashing their dollar exposure at “an unprecedented pace” as they put on currency hedges when buying US stocks and bonds, according to a Deutsche Bank AG analysis of exchange-traded funds. For the first time this decade, flows into dollar-hedged...

JPMorgan’s Kelly Warns Fed Cuts Risk Hurting Stocks and Bonds

The Federal Reserve’s widely expected interest rate cut this week will increase risks for stocks, bonds and the dollar if it’s perceived to be driven by political pressure and doesn’t align with the central bank’s forecasts for the economy, according to David Kelly,...