Watchmaker Fossil said Tuesday that the company is returning to profit and sales growth in the first signs of its turnaround strategy.
Fossil CEO says turnaround is ahead of plan as sales return to growth
Source: CNBC
Original reporting
CNBC: read the full reportRelated stories
CNBC
Mississippi Senate: Scott Colom extends tight lead over Hyde-Smith as ballot deadlines hit
Tuesday was the deadline for provisional ballots to be resolved in Mississippi, and the deadline for the receipt of mail-in absentee ballots.
CNBC
Rep. Jim Jordan, Sen. John Thune elected GOP leaders in Congress
House Speaker Mike Johnson, R-La., announced the day after Election Day he would not run for minority leader in the 120th Congress.
CNBC
White House vows to press ahead with tariffs despite midterm backlash over rising prices
Business executives warned at a Washington summit of rising costs and shifting supply chains as polls showed growing opposition to Trump's tariffs.
CNBC
Homeowners tap equity as HELOC balances post biggest jump since 2005: New York Fed report
The rise in balances on HELOCs marks the 18th consecutive quarterly increase, according to a new report from the Federal Reserve Bank of New York.
CNBC
GE Vernova sellers have it all wrong — plus, why Fed rate hike odds are soaring
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
CNBC
CoreWeave beats on revenue and lifts guidance, easing AI slowdown concerns
CoreWeave's stock has been hammered heading into the neocloud's Q3 earnings report.