Swedish fashion retailer Hennes & Mauritz AB says first-quarter sales increased 7 percent, with strong growth and profits in online brands
HELSINKI (AP) -- Swedish low-cost fashion brand Hennes & Mauritz AB said Thursday its first quarter sales disappointed, causing a plunge in the company's share price, as customers increasingly shop online....

Lululemon's shares have fallen more than 17 percent after the yoga pants maker delivered a weaker-than-expected outlook for the current quarter
NEW YORK (AP) -- Shares of Lululemon Athletica Inc. fell more than 17 percent Wednesday after the athletic-inspired sportswear company said it'd had a slow start to the year and offered a weaker outlook than expected for the current quarter....

Dave & Buster's and Principal Financial Group fall while Vertex Pharmaceuticals and RH surge
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Wednesday:...

Ratings agency Moody's says Egypt economy improving but public discontent likely to slow reforms under IMF bailout
CAIRO (AP) -- The economic picture for Egypt is improving, ratings agency Moody's said on Wednesday, but a public backlash will likely lead the Mideast country to slow reforms undertaken to secure a bailout from the international Monetary Fund....

Portugal's central bank has given an upbeat assessment of the country's economic outlook, with an export-driven recovery taking national output close to a pre-2008 level within two years
LISBON, Portugal (AP) -- Portugal's central bank has given an upbeat assessment of the country's economic outlook, with an export-driven recovery taking national output close to a pre-2008 level within two years....

The European Union blocked the proposed merger of Germany's Deutsche Boerse and the London Stock Exchange on Wednesday, saying it would effectively have created a European monopoly in clearing bonds
BERLIN (AP) -- European regulators blocked the proposed merger of Germany's Deutsche Boerse and the London Stock Exchange on Wednesday, saying it would effectively have created a European monopoly in clearing bonds....

Darden Restaurants and Red Hat trade higher while McCormick and Depomed sink
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Tuesday:...

General Motors says it has rejected a proposal from investor David Einhorn to split its stock into two classes
DETROIT (AP) -- General Motors has rejected a proposal from investor David Einhorn to split its stock into two classes....

Carnival's 1Q profit more than doubles on lower fuel costs, higher revenue
NEW YORK (AP) -- Carnival Corp.'s profit more than doubled in the first-quarter as lower fuel costs and higher revenue helped it top Wall Street forecasts....

South African finance minister pulled from overseas tour amid investor fears of firing
JOHANNESBURG (AP) -- South Africa's finance minister returned to Johannesburg on Tuesday after being abruptly ordered to pull out of a trade promotion trip to Britain and the United States, fueling investor fears that he is about to be fired by President Jacob Zuma....

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AP Photo/Dylan T. Lovan
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