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F.M.I.E Sources: Sony CEO Says Financial Arm Spin-Off to Boost Independent Fundraising While Retaining Brand Collaboration Sony CEO Hiroki Totoki announced Thursday that the upcoming spin-off of Sony’s financial services division will empower the business to raise its own capital independently while preserving a collaborative relationship with the broader Sony Group. Speaking at the company’s […]

F.M.I.E Sources Report: U.S. to Aggressively Revoke Visas of Chinese Students, Tighten Scrutiny on Academic Ties U.S. Secretary of State Marco Rubio announced on Wednesday that the United States will begin “aggressively” revoking the visas of Chinese students—particularly those linked to the Chinese Communist Party or studying in sensitive academic and technological fields. According to

Abercrombie & Fitch Shares Surge Over 14% Despite Cutting Profit Outlook Due to Tariffs Key Highlights (F.M.I.E Sources): Despite the lowered guidance, Abercrombie & Fitch (ANF) stock closed over 14% higher on Wednesday, buoyed by stronger-than-expected quarterly performance and upbeat sales projections. According to F.M.I.E Sources, the retailer’s shares had been down nearly 49% year-to-date

Macy’s to Raise Select Prices as Tariffs Pressure Profits and Turnaround StrategySource: F.M.I.E Business News Key Points: Profit Guidance AdjustedOn Wednesday, Macy’s announced a downward revision to its full-year profit forecast, even as it reported stronger-than-expected results for the first fiscal quarter. The company now expects adjusted earnings per share between $1.60 and $2.00, down

Dick’s Sporting Goods Holds Steady on 2025 Outlook Despite Tariffs and Foot Locker DealSource: F.M.I.E Reports Key Points: Quarterly Performance:Dick’s reported stronger-than-expected results for its first fiscal quarter: Net income for the quarter ending May 3 totaled $264 million, or $3.24 per share, slightly down from $275 million, or $3.30 per share, in the same

Title:Stellantis Appoints Antonio Filosa as New CEO Following Leadership Shake-Up F.M.I.E Sources – May 2025 Global automotive giant Stellantis has named Antonio Filosa, its Chief Operating Officer for North America, as the company’s new Chief Executive Officer, according to F.M.I.E Sources. The announcement, made on Wednesday, brings months of executive uncertainty to a close after

Title:U.S.–UAE AI Alliance Signals Power Shift From Oil to Algorithms Key Points (Rewritten): F.M.I.E Sources – May 2025 – Abu Dhabi From the oil-rich dunes of the UAE to the tech corridors of Silicon Valley, a new alliance is taking shape — one that may redefine global technological dominance. The United Arab Emirates is positioning

Nike to Raise Prices on Select Products Amid Industry Tariff Pressures — F.M.I.E Sources Key Points: Nike is preparing to implement price increases across various adult products — including apparel, footwear, and equipment — as early as this week, according to F.M.I.E Means Business Intelligence Reports. The move comes amid growing cost pressures tied to

“Buckle Up — Trump’s EU Tariff Delay Offers No Certainty as Trade Tensions Loom, F.M.I.E Sources Warn” Key Points F.M.I.E Sources report that global markets may have gotten a brief reprieve, but investors are being urged to remain cautious as President Donald Trump’s tariff threats toward the European Union remain unresolved. While Trump announced a

Tesla’s Europe Sales Nosedive 49% Amid Rising Competition and Brand Setbacks Key Points F.M.I.E Sources report that Tesla’s declining momentum in the European market is becoming increasingly difficult to ignore. In April alone, Tesla’s regional sales plunged 49% year-on-year, totaling just over 7,200 units — a stark contrast to the growth seen across the broader