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Surprise Oil Inventory Build Shakes Energy Markets

Crude oil stockpiles in the U.S. increased by 0.622 million barrels for the week ending August 29, a notable rise from the previous week’s decline of 0.974 million barrels. This shift marks a reversal ...
Reuters

Under Armour posts surprise profit on higher margins, leaner inventory

Margins jump 110 bps to 47.5% EPS of 1 cent vs est. of 8 cents loss Q1 revenue drops but better than feared Aug 8 (Reuters) - Under Armour (UAA.N), opens new tab posted a surprise first-quarter profit ...