Latest in Lowers Sales Outlook
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Business - The Wall Street Journal
Mattel Lowers Sales Outlook After Barbie Sales Weigh
The toy company’s profit, however, is holding up due to stronger margins, helped by factors such as cost cuts, supply-chain improvements and lower input costs.7 hours ago -
Business - The Wall Street Journal
Michelin Lowers Guidance After Sales Fall
The market downturn in Europe was caused by customers’ weaker purchasing power due to high interest rates and uncertainties over the pace of the transition to electric vehicles, Michelin said.10 hours ago -
Business - CNBC
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.15 hours ago -
Business - MarketWatch
Volvo Cars slashes outlook citing ‘increasingly volatile environment’
Volvo Cars CEO Jim Rowan said the company is facing slower demand in Europe, the U.S. and China.17 hours ago -
Business - The Wall Street Journal
Air Liquide Revenue Hit by Lower Energy Prices
Air Liquide reported a drop in revenue for the third quarter and missed analysts’ expectations due to lower energy prices and negative currency effects.21 hours ago -
Business - CNBC
IMF warns on China's property market worsening as it cuts country's growth outlook
In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.Yesterday - China -
Politics - The Hill
IMF declares victory over inflation, boosts US economic outlook
International Monetary Fund (IMF) officials sounded a death knell for the post-pandemic inflation Tuesday and raised projections for U.S. economic performance, placing the U.S. at the center of the ...Yesterday -
Top stories - NBC News
Biden delivers remarks on lowering prescription drug costs
Watch live coverage as President Biden travels to New Hampshire to deliver remarks on his administration's efforts to lower the cost of prescription drugs.Yesterday - Joe Biden -
Business - Financial Times
UK unions could seek bargaining rights with just 2% of workers as members
Ministers will consult on range of measures aimed at easing representationYesterday - United Kingdom -
Business - The Wall Street Journal
Salzgitter Cuts Outlook After Swing to Nine-Month Pretax Loss
The German steel company slashed its outlook for the third time this year, adding that it expects to report a pretax loss for 2024 amid sustained economic weakness.Yesterday -
Business - The Wall Street Journal
Munich Re Lifts Outlook Despite Third-Quarter Miss
Munich Re’s third-quarter net profit missed consensus forecasts due to hurricane losses but the company said it expected to beat its full-year target.Yesterday -
Business - MarketWatch
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 ...Yesterday -
Business - Inc.
2 States to Vote on Lower Minimum Wage Rate for Tipped Workers
Massachusetts and Arizona plan ballot measures that could eliminate the subminimum wage paid to many workers in the restaurant and hospitality industries.2 days ago -
Business - CNBC
China cuts benchmark lending rates by 25 basis points
The move was expected. China's central bank governor indicated last week that the loan prime rates would be lowered.3 days ago - China -
Sports - Yahoo Sports
Saquon Barkley fined $45,020 for lowering his helmet into a defender
The NFL hit the Eagles' running back hard for a collision with Browns defensive tackle Maurice Hurst.4 days ago -
Top stories - CBS News
Maps show NOAA's winter outlook
NOAA has released its seasonal outlook for the 2024-25 winter months, which predicts the U.S. will slowly transition into a La Niña pattern.5 days ago -
World - The Guardian
Weight-loss drugs could be key in lowering US obesity rates – experts
Medications like Ozempic ‘transformed’ diabetes care because they improved health outcomes, say experts. Obesity rates have decreased slightly in the US and while it’s too early to say whether the ...5 days ago -
Business - The New York Times
Money Market Rates Are Lower, Yes. But Compared to What?
Even with further Fed rate cuts likely, money market funds are a good alternative for stashing cash, and investors are still flocking to them, our columnist says.5 days ago -
Business - MarketWatch
Procter & Gamble’s stock slips as profit beat, steady outlook offset a sales miss
Shares of Procter & Gamble Co. fell 1.2% in premarket trading Friday, after the consumer packaged-goods company reported fiscal first-quarter profit that beat expectations and maintained its ...5 days ago -
World - Financial Times
Corporate Germany is on sale
German companies have become relatively small and relatively cheap5 days ago -
Business - MarketWatch
CSX stock sees biggest drop in 3 years after railroad warns of hurricane impact, discloses SEC subpoena
Shares of CSX Corp. booked their biggest percentage drop in more than three years after the railroad operator on Wednesday said the fourth quarter would be “more challenging” in the wake of falling ...6 days ago -
Politics - The Hill
Democrats press Biden to lower housing costs before leaving White House
Democratic lawmakers from the House and Senate pressed President Biden to lower housing costs before he leaves the White House in a letter dated Wednesday. “We write today to thank you for your ...6 days ago - Joe Biden -
Politics - The Hill
NOAA releases 2024-25 winter weather outlook: Here's what to expect
Depending on where you live in the U.S., this winter could bring a mix of snow and rain or unseasonably warm weather, according to climate experts.6 days ago -
Business - Financial Times
ECB lowers rates to 3.25% as inflation slows
Christine Lagarde says Eurozone’s central bankers are close to ‘breaking the neck’ of soaring price pressures6 days ago -
Business - MarketWatch
Sage Therapeutics’ stock falls 4.7% as biotech unveils plan to cut 33% of workforce
More than 165 jobs to go as company seeks to extend cash runway and focus on postpartum drug launch.6 days ago -
Business - The Wall Street Journal
Absolut Vodka Maker Pernod Ricard Posts Lower Sales
The French distiller experienced a slow start to its fiscal year, citing sharp sales declines in the key markets of China and the U.S. as the spirits industry faces a slowdown in consumption.6 days ago -
Business - MarketWatch
Oil prices down for 4th straight session as traders weigh supply and demand
Crude futures on Wednesday marked a fourth straight session of declines, with prices holding ground at their lowest in two weeks as traders focused on an uncertain demand outlook — particularly ...October 16 -
Top stories - BBC News
What Lower Inflation Means For You
There’s been a surprise fall in the rate at which prices increaseOctober 16 - Inflation -
Business - MarketWatch
Abbott Labs beats Q3 sales and earnings expectations, raises full-year outlook
Abbott Laboratories on Wednesday reported better-than-expected third-quarter earnings and sales, boosted by strength in the company’s medical-devices business.October 16 -
Business - MarketWatch
Global electricity demand to double by 2050, IEA’s World Energy Outlook says
Electricity demand is set to increase at levels equivalent to adding a new Japan to the world each year, the International Energy Agency saidOctober 16 -
Business - MarketWatch
Lower oil prices are good for consumers — but a bad sign for the global economy
A significant drop in oil prices may offer consumers reason to celebrate, but it also hints at an economic slowdown in China, the world’s second largest economy.October 16 -
Business - Financial Times
LVMH shares down 7% after warning of ‘uncertain’ outlook
World’s largest luxury group hit by pullback in Chinese consumer spendingOctober 16 -
Business - CNBC
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.October 16 - Netherlands -
Business - MarketWatch
10-, 30-year U.S. government debt rallies for second day on lower oil and weak manufacturing reading
Long-term Treasury yields fell for a second day on Tuesday as traders reacted to a weaker-than-expected manufacturing reading from the New York Fed and new developments from the Middle East that ...October 15 -
World - The Guardian
Martin Rowson on a parlous outlook for the UN – cartoon
Continue reading...October 15 -
Business - MarketWatch
UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability
UnitedHealth’s stock was having its worst day in more than four years on Tuesday, after the healthcare giant beat third-quarter profit and revenue expectations but missed on medical-care ...October 15 -
Business - The Wall Street Journal
TotalEnergies Expects Continued Refining Weakness, Lower Hydrocarbon Production
The French oil and petroleum company said it expected to report hydrocarbon output of 2.4 million barrels of oil-equivalent a day for the third quarter, while results in its downstream division are ...October 15