Latest in Nissan shares plunge over 10% after downbeat quarterly results, production cut plans
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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 -
Chapel Down shares plunge after winemaker pulls back on sale plans
England’s largest producer says it will remain independent and also downgrades sales guidanceWorld - Financial Times - October 25 -
Super Micro shares plunge 17% after company says no timetable for annual results, issues weak guidance
Super Micro, the embattled server maker, reported preliminary first-quarter results on Tuesday.Business - CNBC - November 5 -
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 -
Microsoft dips on weak guidance after beating on earnings
Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.Business - CNBC - October 30 -
Nissan shares jump after activist investor takes stake
Hedge fund Effissimo Capital is known for high-profile campaigns against big Japanese companiesWorld - Financial Times - November 12 -
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 -
Estée Lauder shares plunge as China sales slump prompts dividend cut
Beauty group’s stock drops 25% after guidance withdrawn for rest of yearBusiness - Financial Times - October 31 -
Schroders shares tumble to lowest in over 10 years after warning on outflows
Incoming chief executive Richard Oldfield pledges to sharpen asset manager’s focus and executionBusiness - Financial Times - November 5 -
Oil could plunge to $40 in 2025 if OPEC unwinds voluntary production cuts, analysts say
Many market watchers predicted a bearish year ahead for crude.Business - CNBC - November 13 -
Starbucks Shares Drop After Dismal Preliminary Quarterly Earnings
“We need to fundamentally change our strategy,” the coffee giant’s new chief executive said.Business - The New York Times - October 23 -
Toyota Motor Cuts Sales Forecast After Quarterly Profit Halves
The Japanese auto giant cut its annual forecast for group vehicle sales after its second-quarter profit more than halved due partly to weaker sales globally.Business - The Wall Street Journal - November 6 -
What the Budget means for your money
Key measures on tax, investments, pensions and propertyBusiness - Financial Times - October 30 -
The Budget in brief: what you need to know
A quick guide to the UK chancellor’s main policy announcements and official economic forecastsBusiness - Financial Times - October 30 -
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 resultsBusiness - Financial Times - October 30 -
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 firmTech - ABC News - October 30 -
Consumer anger over high prices piles pressure on politicians
Post-Covid inflation rise leaves toxic legacy for governments across rich economiesBusiness - Financial Times - November 11 -
Australian gold miner’s shares plunge after chief executive detained in Mali
Resolute Mining says Terence Holohan and other executives were in Bamako to discuss claims made against companyBusiness - Financial Times - November 11 -
Credit Agricole's Shares Fall After Mixed Results
Credit Agricole reported a smaller-than-expected fall in net profit for the third quarter of 2024 but softer revenue missed views, sending its shares lower.Business - The Wall Street Journal - November 6 -
Assisted dying: caution and compromise may end in dissatisfaction
Politicians who support a law change in principle may still vote against the bill that currently falls shortWorld - Financial Times - November 12 -
Electrolux Shares Tumble After North America Weakness Weighs on Results
Electrolux shares fell sharply after the company reported third-quarter profit that missed analysts’ expectations on continued weakness in North America, where it is turning to promotions to entice ...Business - The Wall Street Journal - October 25 -
Snap shares jump after results come in better than expected
Shares of Snap Inc. rose after hours on Tuesday after the social-media platform reported third-quarter results that beat expectations and said its board authorized a stock buyback of up to $500 ...Business - MarketWatch - October 30 -
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 -
Nintendo Cuts Switch Sales Forecasts After Weak Results
The Japanese videogame maker cut its annual forecasts for Switch console and software sales after disappointing first-half results.Business - The Wall Street Journal - November 5 -
Air taxi firm Lilium's shares plunge 61% after company says main subsidiaries will file for insolvency
Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries plan on filing for insolvency in the coming days.Business - CNBC - October 24 -
Super Micro shares plunge 33% as auditor resigns after raising concerns months earlier
Ernst & Young resigned over accounting and governance concerns at the buzzy AI firm, which has faced regulatory scrutiny before.Business - CNBC - October 30