Latest in Dick’s stock falls as it warns its year end profit could miss estimate
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LVMH shares down 7% after warning of ‘uncertain’ outlook
World’s largest luxury group hit by pullback in Chinese consumer spendingBusiness - Financial Times - October 16 -
Europe’s economy poised to fall further behind US, IMF warns
Fund pins blame on weak productivity and ageing workforce as it highlights continent’s weak post-pandemic performanceBusiness - Financial Times - October 24 -
Bank of England Cuts Interest Rates, but Signals Stickier Inflation
The central bank said that future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.Top stories - The New York Times - 2 days ago -
Don’t fall into ‘populist trap’ of backing Trump, Badenoch warned
Tory leader advised by senior members not to align herself closely to the president-elect’s success. Kemi Badenoch is being urged not to “fall into a populist trap” by pulling the Conservative ...World - The Guardian - 5 hours ago -
Genuine Parts stock slides on Q3 earnings miss, lowered outlook
Shares of Genuine Parts Co. fell 10.1% in premarket trading after the auto-parts company reported lower-than-expected third-quarter earnings and lowered its outlook, citing weakness in market ...Business - MarketWatch - October 22 -
GE Aerospace’s stock sinks as total sales beat, but commercial engines miss
GE Aerospace beats earnings expectations but its largest business, commercial engines, missed revenue expectations and the stock pulled back from a 17-year highBusiness - MarketWatch - October 22 -
Lilly’s Mounjaro, Zepbound drugs see strong demand. So why did sales disappoint?
Eli Lilly’s stock heads for biggest selloff in more than three years after sales of anti-obesity drugs Mounjaro and Zepbound came up well short of forecasts.Business - MarketWatch - October 30 -
Fluor’s stock tumbles after a big earnings miss, plan to deconsolidate NuScale
Fluor misses revenue expectations by the widest margin in five years, will deconsolidate NuScale, and the stock tumbles.Business - MarketWatch - Yesterday -
BP's Profit Hits Four-Year Low on Commodity Market Weakness
BP’s profit tumbled in the third quarter, although less than expected, as weak oil prices and refining margins continue to weigh on the energy sector.Business - The Wall Street Journal - October 29 -
Trump election win spurs US stocks to strongest week in a year
S&P 500 breaks through 6,000 for first timeBusiness - Financial Times - Yesterday