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Latest in Estée Lauder shares plunge as China sales slump prompts dividend cut

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  • Estée Lauder shares plunge as China sales slump prompts dividend cut

    Estée Lauder shares plunge as China sales slump prompts dividend cut

    Beauty group’s stock drops 25% after guidance withdrawn for rest of year
    Business - Financial Times - October 31

  • Estée Lauder’s stock heads for record selloff after profit warning, dividend cut

    Consumer sentiment in China worsened, driving weak prestige beauty and Asia travel retail sales.
    Business - MarketWatch - October 31

  • EstéeLauder Shares Plunge 21% After It Slashes Dividend

    The cosmetics giant withdrew its outlook for the current year after reporting another quarter of falling sales.
    Business - The Wall Street Journal - October 31
  • Volkswagen profit plunges 64% as China sales slide

    Volkswagen profit plunges 64% as China sales slide

    Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gains
    Business - Financial Times - October 30
  • Estée Lauder names new chief executive as family steps back

    Estée Lauder names new chief executive as family steps back

    Stéphane de La Faverie to lead beauty group while William Lauder to relinquish executive chair role
    Business - Financial Times - October 30

  • Chapel Down shares plunge after winemaker pulls back on sale plans

    England’s largest producer says it will remain independent and also downgrades sales guidance
    World - Financial Times - October 25

  • Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console

    Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.
    Business - CNBC - November 5

  • Remy Cointreau Warns of Sales Plunge as U.S., China Woes Persist

    The maker of Remy Martin and Cointreau ditched its forecast of a gradual organic sales recovery over the course of the year to March 2025 and projected, instead, a decline in the double-digit ...
    Business - The Wall Street Journal - October 25

  • Roche Increases Dividend on Higher Sales

    Roche said it would increase its dividend after its hemophilia injection Hemlibra and multiple sclerosis treatment Ocrevus lifted sales in the first nine months of the year.
    Business - The Wall Street Journal - October 23

  • China retail sales beat forecasts in October while real estate slump worsens

    Retail sales grew by 4.8% year-on-year, the National Bureau of Statistics said Friday. That was above the 3.8% forecasted in a Reuters poll, and a pickup from 3.2% growth in September.
    Business - CNBC - 6 days ago
  • Mercedes-Benz and Porsche look for cost cuts after China slump hits profits

    Mercedes-Benz and Porsche look for cost cuts after China slump hits profits

    German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto market
    Business - Financial Times - October 25

  • Philips shares slide as company blames China for lowered sales outlook

    Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year.
    Business - MarketWatch - October 28

  • Nissan shares plunge over 10% after downbeat quarterly results, production-cut plans

    The automaker posted disappointing second-quarter results and announced reductions in production and staff.
    Business - CNBC - November 8

  • Target shares plunge 21% after discounter cuts forecast, posts biggest earnings miss in two years

    Target missed on earnings and revenue even as it cut prices on thousands of items, including milk, diapers and toys, to try to attract discerning shoppers.
    Business - CNBC - Yesterday
  • Target Shares Tumble on Earnings Miss

    Target Shares Tumble on Earnings Miss

    The stock fell 21% after the retailer posted disappointing quarterly results and lowered its guidance for the full year.
    Business - The Wall Street Journal - 23 hours ago

  • Trump's wealth slumps by $1.9 billion amid DJT stock plunge

    Trump Media & Technology Group's stock, which trades under DJT, is plunging just days before the November 5 election.
    Top stories - CBS News - October 31

  • Mass Attacks in China Prompt Censorship, Clampdown on Mourning

    Beijing has scrambled to restrict information and suppress public expression of mourning after a series of violent incidents, signaling its concerns about social stability.
    World - The Wall Street Journal - 2 days ago

  • Starbucks Suspends Guidance as Sales Slump Persists

    The coffee chain needs to “fundamentally change” strategy, the new CEO, Brian Niccol, said. Shares fell in premarket trading.
    Business - The Wall Street Journal - October 23
  • Kering warns on profit as Gucci sales plunge

    Kering warns on profit as Gucci sales plunge

    French luxury group grapples with turnaround at its biggest brand as demand dips in Asia
    Business - Financial Times - October 24
  • Japan’s PM vows to stay on after election debacle

    Japan’s PM vows to stay on after election debacle

    Shigeru Ishiba has presided over a result that threatens to plunge country’s politics into paralysis
    Business - Financial Times - October 28
  • Wise chief executive fined £350,000 over ‘tax issues’

    Wise chief executive fined £350,000 over ‘tax issues’

    UK financial regulator says Kristo Käärmann breached conduct rules but clears him to continue in his job
    Business - Financial Times - October 28
  • From intern to CEO: does it pay to be a company lifer?

    From intern to CEO: does it pay to be a company lifer?

    Executives who spend their career at one place can boost morale and loyalty but risk stifling innovation
    Business - Financial Times - October 28
  • Vistry shares plunge as cost overruns hit profits

    Vistry shares plunge as cost overruns hit profits

    UK housebuilder blames ‘insufficient management capability’ and ‘poor divisional culture’ for underestimating costs
    Business - Financial Times - November 8

  • Can you beat 5 per cent with UK dividend shares?

    Be cautious of the yields you might see on investment platforms
    World - Financial Times - October 23

  • Volkswagen in Drive to Cut Costs as Earnings Plunge

    The automaker said it needed to urgently cut costs after reporting a sharp fall in third-quarter earnings hurt by weaker car sales in China.
    Business - The Wall Street Journal - October 30
  • China’s industrial profits plunge as economic momentum falters

    China’s industrial profits plunge as economic momentum falters

    Steep monthly decline in September comes as policymakers battle to restore confidence
    Business - Financial Times - October 27
  • Home Depot Says Hurricane Demand Slows Sales Slump

    Home Depot Says Hurricane Demand Slows Sales Slump

    Strom damage across the Southeast accounted for higher sales to contractors, and the chain also forecast stronger results as mortgage rates drop.
    Business - Inc. - November 12

  • Nvidia shares fluctuate as investors digest third-quarter earnings

    Despite nearly doubling sales year on year, Nvidia's third-quarter results show a slowdown from previous quarters.
    Business - CNBC - 6 hours ago

  • Nissan cuts 9,000 jobs and halves CEO’s pay as it sinks to a loss

    Carmaker to slash global production capacity by a fifth in emergency turnaround plan
    World - Financial Times - November 7

  • 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
  • Western consumer groups unconvinced by China’s economic stimulus efforts

    Western consumer groups unconvinced by China’s economic stimulus efforts

    Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidence
    Business - Financial Times - October 31
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Topics
  • Estée Lauder Shares
  • Lauder Shares Plunge
  • Shares Plunge China
  • Plunge China Sales
  • China Sales Slump
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