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US stock futures muted ahead of Fed rate decision; tariff jitters persist

US stock futures muted ahead of Fed rate decision; tariff jitters persist

Investing.com-- U.S. stock index futures moved little on Tuesday evening as investors hunkered down before the conclusion of a Federal Reserve meeting where the central bank is likely to keep interest rates unchanged.Futures steadied after a negative session on Wall Street, which fell on Tuesday as a two-day rebound from correction territory largely petered out. Losses were driven by sustaine ...

2025-03-19 12:31:53
Australia’s Myer’s profit slumps; shares tank on bleak outlook

Australia’s Myer’s profit slumps; shares tank on bleak outlook

By Rishav Chatterjee(Reuters) - Australian department store owner Myer on Wednesday posted lower interim earnings, citing logistical challenges at a distribution centre in Victoria and strategic review costs, while painting a gloomy outlook due to weak economic conditions.The firm, which finalised the purchase of the apparel brands portfolio from rival Premier Investments in January, said the sale ...

2025-03-19 12:30:34
Ben & Jerry’s says parent Unilever decided to oust ice cream maker’s CEO

Ben & Jerry’s says parent Unilever decided to oust ice cream maker’s CEO

By Jonathan StempelNEW YORK (Reuters) -Ben & Jerry’s said its parent, Unilever (LON:ULVR), decided to oust the ice cream maker’s chief executive, Dave Stever, escalating a battle over the subsidiary’s independence on social policy issues.In a Tuesday night filing in Manhattan federal court, Ben & Jerry’s said Unilever advised on March 3 it was removing Stever without consulting d ...

2025-03-19 12:29:03
Starboard plans to launch proxy fight at Autodesk- WSJ

Starboard plans to launch proxy fight at Autodesk- WSJ

Investing.com-- Activist investor Starboard Value is gearing up to wage a proxy war at Autodesk Inc (NASDAQ:ADSK) with an over $500 million stake in the software developer, the Wall Street Journal reported on Tuesday. Starboard plans to nominate a minority slate of director candidates for Autodesk’s upcoming annual meeting, the WSJ report said, citing people familiar with the matter.The a ...

2025-03-19 12:27:33