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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    Beauty group’s stock drops 25% after guidance withdrawn for rest of year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 - 10 hours ago

  • 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 - 12 hours ago

  • EstéeLauder Shares Plunge Nearly 20% 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 - 9 hours ago

  • ASML share plunge wipes over $50 billion off Dutch chip giant's value

    ASML published its third-quarter earnings Tuesday, a day earlier than expected.
    Business - CNBC - October 16

  • LVMH stock falls on slumping luxury sales in China

    LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter sales
    Business - MarketWatch - October 16
  • 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 - Yesterday

  • ASML says chip-market slump will mainly impact sales to China

    A day after a profit warning that rocked the stock market, executives at ASML Holding said the slower-than-expected recovery in the microchip market will have the sharpest impact on sales to China ...
    Business - MarketWatch - October 16
  • 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 - Yesterday

  • 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 - 6 days ago

  • 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 - 6 days ago

  • 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
  • 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 - 6 days ago

  • 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 - 3 days 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 - 7 hours ago

  • 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

  • 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

  • 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 - Yesterday
  • 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 - 3 days ago
  • 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 - 3 days ago
  • 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 - 3 days ago
  • 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 - 4 days ago

  • Oil prices lose 2% after China offers little detail on stimulus plans

    Oil futures ended lower Monday to give back all of last week’s gains and then some, after a weekend announcement by Chinese authorities failed to provide details on a stimulus plan sufficient to ...
    Business - MarketWatch - October 14
  • 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 - 6 hours ago

  • 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 - Yesterday

  • Trump Media shares fall nearly 10% after DJT plunge triggers trading halt

    Trading in Trump Media shares was briefly halted due to volatility, after the Truth Social owner's stock suddenly plunged in price.
    Business - CNBC - October 15

  • Trump Media's stock is halted after sudden plunge in DJT shares

    Trading in Trump Media, owner of Truth Social, was halted briefly on Tuesday after the stock suddenly plunged.
    Top stories - CBS News - October 15

  • FirstFT: Shares in McDonald’s plunge on links to E. coli outbreak

    Also in today’s newsletter, Israel claims Nasrallah’s heir killed and Starbucks scraps financial guidance
    World - Financial Times - October 23
  • What the Budget means for your money

    What the Budget means for your money

    Key measures on tax, investments, pensions and property
    Business - Financial Times - Yesterday
  • The Budget in brief: what you need to know

    The Budget in brief: what you need to know

    A quick guide to the UK chancellor’s main policy announcements and official economic forecasts
    Business - Financial Times - Yesterday
  • Super Micro Computer shares drop by one-third after EY resigns as auditor

    Super Micro Computer shares drop by one-third after EY resigns as auditor

    Server maker said in August it would delay the release of its fiscal year 2024 results
    Business - Financial Times - Yesterday

  • Super Micro Computer's shares plunge 33% after server maker's accounting firm quits

    Shares of Super Micro Computer have plunged more than 33% after the server maker disclosed that Ernst & Young had resigned as its public accounting firm
    Tech - ABC News - Yesterday

  • China's industrial profits plunge at fastest pace since the pandemic

    The country's industrial profits declined 27.1% year-on-year in September.
    Business - CNBC - 3 days ago
  • UK’s borrowing costs rise as Reeves’s budget prompts fears of slower interest rate cuts

    UK’s borrowing costs rise as Reeves’s budget prompts fears of slower interest rate cuts

    Markets conclude higher level of public spending could lead to higher inflation, making cuts in Bank of England rate less likely. . UK government borrowing costs have risen to their highest level ...
    World - The Guardian - 7 hours ago

  • GSK cuts vaccine sales target on reduced demand

    U.K. drugmaker GSK on Wednesday cut its vaccine sales guidance for the year after what it called lower-than-expected demand.
    Business - MarketWatch - Yesterday
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Topics
  • Estée Lauder Shares
  • Lauder Shares Plunge
  • Shares Plunge China
  • Plunge China Sales
  • China Sales Slump
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