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Vans owner VF Corp shares tumble after cyberattack

American manufacturer of skateboarding shoes Vans store seen in Hong Kong.Budrul Chukrut | LightRocket | Getty ImagesShares of The North Face and Vans owner VF Corp tumbled Monday after the company reported that a hack had affected its ability to fulfill some orders ahead of the holidays.The company said hackers encrypted "some" systems and made off with personal data. Those are some hallmarks of ransomware, where attackers try to extort companies in exchange for hefty payment. VF Corp declined to comment on whether the…

Wonya Lucas makes big changes at Hallmark Channel

President and CEO at Hallmark Media Wonya Lucas speaks onstage during Hallmark Media's star-studded kickoff of 'Countdown To Christmas' with a special screening of "A Holiday Spectacular" featuring the world famous Rockettes at Radio City Music Hall on October 20, 2022 in New York City.Mike Coppola | Getty ImagesWonya Lucas landed a job as the CEO of the Hallmark Channel with two directives: Keep its brand intact and disrupt its playbook. At the same time. Since mid-2020, Lucas has been the CEO of Hallmark Media, the…

Stocks making the biggest moves midday: AMZN, GOOGL, AAPL

Workers load packages into Amazon Rivian Electric trucks at an Amazon facility in Poway, California, November 16, 2022.Sandy Huffaker | ReutersCheck out the companies making headlines in midday trading.Amazon – The e-commerce giant's stock tumbled 4% despite a revenue beat. Late Thursday, Amazon issued weaker-than-expected guidance for the current period. The company also reported a slowdown in growth within its cloud business.Alphabet — The tech giant saw its shares drop 1% following the aftermath of its disappointing…

Stocks making the biggest moves before the bell: Apple, Alphabet, Amazon, Starbucks and more

These are the stocks posting the largest moves in premarket hours. These are the stocks posting the largest moves in premarket hours. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials,…

‘Covid winners’ like DocuSign still have time to reinvent

CNBC's Jim Cramer on Tuesday lamented the languishing stocks of pandemic winners like DocuSign — but suggested the window of reinvention has not been slammed shut just yet."We know it hasn't been long since the pandemic effectively ended, but we're so quick to fault the Fed for providing too much liquidity or Congress for doing too much deficit spending," the "Mad Money" host said. "The truth is, we'd be in a much better situation if the private sector had been proactive about transitioning to a post-Covid world."Cramer…

Stores, suppliers fight over price hikes as inflation squeezes shoppers

A woman shops in a supermarket as rising inflation affects consumer prices in Los Angeles, California, June 13, 2022.Lucy Nicholson | ReutersLong before shoppers fill up their carts with hot dogs or detergent, supermarkets and suppliers negotiate — and sometimes clash — over how much the products should cost.Those delicate discussions spilled into public view this summer when Kraft Heinz proposed price hikes of as much as 30% on its foods in the United Kingdom, according to The Guardian, as people cope with rising costs…

Coinbase, AMTD Digital, Restaurant Brands, Alibaba and more

A Burger King restaurant seen in Milton, Pennsylvania.Paul Weaver | SOPA Images | LightRocket | Getty ImagesCheck out the companies making the biggest moves in midday trading on Thursday:Coinbase — Shares of the cryptocurrency exchange jumped about 15% after the company announced a partnership with BlackRock, the world's largest asset manager, that will allow its institutional clients to buy bitcoin. The ticker COIN also became one of the most mentioned names on Reddit's WallStreetBets forum, according to Quiver…