General Motors (GM) projects $13-15B in adjusted earnings for 2026, announces $6B share buyback program and 20% dividend increase, driven by strong truck and SUV sales despite EV pullback.
Lands' End forms joint venture with WHP Global, receiving $300M to pay off debt while retaining 50% ownership and operational control of its business.
Citi upgrades Abercrombie & Fitch to Buy, raising its price target to $135 and highlighting strong growth and cash flow potential in 2026.
PDD Holdings fined $14K by Shanghai tax authorities for delayed compliance. Citi analysts view penalty as "smaller-than-feared," maintaining Buy rating with stock jumping 4% premarket.
GameStop Chairman Ryan Cohen increases his ownership to 9.2% by purchasing 500,000 additional shares at $21.12 average price, sending GME stock up 3.5% in after-hours trading.
Lululemon temporarily removes Get Low collection from online sales after customers complain about sheer fabric and sizing issues.
