These are the stocks posting the largest moves before the bell.Market Insiderread more
Removing Neumann is a difficult decision for Son, who has long believed in WeWork and Neumann's vision to quickly expand the company.Technologyread more
The next three weeks are among the rockiest, on a historical basis, of the entire calendar.Trading Nationread more
Of all the cases of economic espionage charged by the DOJ's National Security Division since 2012, more than 80% of them implicated China.World Politicsread more
In his new memoir, "The Ride of a Lifetime," Iger explains why he decided against the deal to buy Twitter.Technologyread more
Ad-tech company The Trade Desk is launching a campaign to show how it differs from tech giants like Google and Facebook.Technologyread more
The streaming wars may have claimed a new victim, and one technical analyst says it could be about to get worse.Trading Nationread more
"Whilst there is a big dispute at the moment, I think there's also potential for resolution," UBS chairman Axel Weber says of the U.S.-China trade negotiations.Singapore Summitread more
No quid pro quo, there was nothing," Trump said the call. "It was a perfect conversation."Politicsread more
On Sunday, the 71st Primetime Emmy Awards honored the best comedies, dramas, limited and variety series from the last year.Entertainmentread more
The UK's Civil Aviation Authority said Thomas Cook had now ceased trading and the regulator would work with the government to bring the more than 150,000 British customers...Europe Marketsread more
H&M on Tuesday warned of further prices cuts to shift unsold clothes after the Swedish fashion retailer reported a 61 percent dive in first-quarter profit that knocked its shares lower.
The world's second-largest clothes retailer said it would be forced into more discounting after seeing a bigger-than-expected 7 percent increase in inventories.
H&M shares were down 6.4 percent to 13-year lows.
The shares have fallen in recent years amid slowing sales hurt partly by shoppers moving online.
The company noted online sales rose by approximately 20 percent year on year.
"2018 is a transitional year for the H&M group, as we accelerate our transformation so that we can take advantage of the opportunities generated by rapid digitalization," Chief Executive Karl-Johan Persson said.
Pretax profit for the three months through February fell to 1.26 billion crowns ($154 million), just short of the 1.29 billion expected by analysts in a Reuters poll.
Net profit of 1.37 billion crowns was boosted by a one-off positive tax income of 399 million crowns related to U.S. tax reform.
The company had warned already in February that markdowns due to weak demand in its main H&M brand stores would hit earnings, and this month said quarterly sales had fallen by 2 percent.
Markdowns in the second half of the year are likely to be lower compared to year-before levels, CEO Persson said on a conference call with analysts and media.
H&M stood by its full-year guidance for sales growth at its newer add-on brands and online of more than 25 percent, and a better group result than last year.
The outlook seems optimistic and inventory levels meant risks of further markdown pressure in coming quarters, said RBC analyst Richard Chamberlain, who holds an "underperform" rating on H&M.
"We are concerned that H&M is over-distributing and may be forced to cut its dividend this year or next if sales trends remain sluggish," he said.
Unusually, H&M, the world's second-biggest apparel retailer after Zara owner Inditex, did not provide a preliminary sales figure for the current month.