Avis’s Stock Slides

Avis’s stock slides after third-quarter earnings fall short of estimates

Avis Budget Group’s stock was falling in after-hours trade Thursday, after the car-rental company’s third-quarter earnings fell short of estimates.

Business - MarketWatch - 8 hours ago

Rachel Reeves’s Budget balancing act

The chancellor’s tax plans must avoid overburdening business and investors

Business - Financial Times - October 21

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

HCA Healthcare’s stock slides 9% after earnings are weighed down by Hurricane Helene

HCA is expecting Hurricane Helene’s impact on facilities in North Carolina and Hurricane Milton’s impact on facilities in Florida in October to shave 60 cents to 90 cents off fourth-quarter EPS.

Business - MarketWatch - 6 days ago

Merck’s stock slides as Q3 earnings beat estimates, but company lowers guidance

Merck’s stock fell Thursday morning, despite the company beating profit and sales estimates for the third quarter.

Business - MarketWatch - 14 hours ago

Novavax’s stock slides 19% after FDA puts clinical hold on COVID and flu vaccine candidates

Novavax Inc.’s stock tumbled 19% early Wednesday after the company said the FDA has placed a clinical hold on its COVID-19-and-flu combination and stand-alone flu vaccine candidates, following a ...

Business - MarketWatch - October 17

Boot Barn stock slides after CEO departure announcement, but Western-wear retailer’s forecast is more upbeat

Western-themed retail chain Boot Barn Holdings Inc. on Monday said its chief executive would be leaving next month, while forecasting better sales and profits for the full year.

Business - MarketWatch - 3 days ago

Icahn Enterprises’ stock slides 14% as majority-owned CVR Energy suspends its dividend

Icahn Enterprises LP’s stock fell 4% early Tuesday, after CVR Energy Inc., in which it owns a 66% stake, said it would suspend its third-quarter dividend, as unplanned outages and a weak macro ...

Business - MarketWatch - 2 days ago

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

Boohoo considers break-up as sales slide

The online fashion firm is mulling whether to offload its brands as sales remain under pressure.

Ohtani hurts shoulder in G2, set for more testing

Shohei Ohtani suffered a shoulder injury while sliding into second base on a steal attempt. Dodgers manager Dave Roberts said the superstar had a minor dislocation and would undergo further testing.

Sports - ESPN - 4 days ago

Winston injects life into Browns to help end slide

Jameis Winston, making his first start since 2022, helped end the Browns' losing streak by injecting life into an offense that had been one of the NFL's worst.

Sports - ESPN - 4 days ago

Third of world's tree species slide towards extinction, say scientists

Scientists have revealed that more than a third of tree species are facing extinction.

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

Stellantis hit by sales slide in US and Europe

Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventory

World - Financial Times - 21 hours ago

Uber shares slide on slowing bookings growth

Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimates

Business - Financial Times - 12 hours ago

Oil prices drop over 4% after report Israel won’t target Iran’s oil facilities

Oil futures dropped by more than 4% on Tuesday, with U.S. and global benchmark prices settling at their lowest in about two weeks after a report that Israel will not attack key oil facilities in Iran.

Business - MarketWatch - October 15

Oil price slides amid China slowdown and easing Middle East fears

Brent crude slides by almost $3.50 a barrel to below $74 after Opec cuts forecasts for demand growth. Business live – latest updates Global oil prices have tumbled by almost $3.50 a barrel ...

World - The Guardian - October 15

Google CEO names new search and ads boss, slides predecessor to role of chief technologist

Google is replacing Prabhakar Raghavan, the company's search and ads boss since 2018, with longtime executive Nick Fox.

Business - CNBC - October 17

Iranian markets slide and flights cancelled as Israeli attack looms

Country braced for retaliation after Tehran’s ballistic missile strike earlier this month

World - Financial Times - October 21

Despite Global Crises, Gas Prices Slide as U.S. Election Nears

Fuel prices, which had soared after Russia’s invasion of Ukraine, have dropped to their lowest level since February.

Business - The New York Times - October 23

Starbucks shares slide after coffee chain says sales fell again, suspends outlook

The company's same-store sales slid for the third consecutive quarter, fueled by a 10% tumble in traffic to its North American stores.

Business - CNBC - October 23

Starbucks boss shakes up menu to win back customers

The coffee shop chain has also promised to look at pricing and staffing to prevent bottlenecks

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

AMD's post-earnings slide is a buying opportunity. Here's why

Wall Street's reaction to the quarter continues an up-and-down month for shares of the AI chipmaker.

Business - CNBC - 2 days ago

Starbucks turns to Sharpies and price freeze to stem traffic slide

New CEO Brian Niccol pledges to simplify ‘overly complex’ menu and return to its coffee house roots

Business - Financial Times - Yesterday

Boeing’s bonds signal view that company has bought time with credit-raters to avoid slide to junk

Boeing Co., under pressure to boost liquidity, filed a $25 billion shelf registration Tuesday to offer equity or debt over the next three years and announced a new credit agreement with lenders.

Business - MarketWatch - October 16

What happened to TCU? Examining the Horned Frogs' post-title game slide, what the future holds in Fort Worth

Life has moved too fast for TCU after its shot at glory, with the Horned Frogs going a historically-bad 8-10 since opening the 2023 season as national champion runners-up

Sports - CBS Sports - October 16

Oil prices rise as U.S. supply posts a surprise decline, but trend ‘favors the bears’

Crude futures finished higher on Thursday for the first time in five sessions, supported in part by an unexpected decline in last week’s U.S. crude inventories, which followed sizeable back-to-back ...

Business - MarketWatch - October 17

IMF warns of ‘round-tripping’ fears

Technique to shift risk to investors may have ‘system-wide’ impact, fund warns

Business - Financial Times - October 22

Latest in Avis’s Stock Slides