Latest in Plunges Cuts Forecast
Sort by
457 items
-
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 - 6 hours ago -
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 - 5 days ago -
Marqeta shares plunge more than 30% on big forecast miss
Marqeta shares plummeted after the company's forecast for the fourth quarter fell shy of analysts' expectations.Business - CNBC - 14 hours ago -
Ryanair profit drops as airline cuts passenger forecast
European low-cost carrier blames pressure on consumers for fall in faresBusiness - Financial Times - Yesterday -
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Beauty group’s stock drops 25% after guidance withdrawn for rest of yearBusiness - Financial Times - 4 days ago -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 - 6 hours ago -
Nintendo cuts profit guidance on reduced Switch sales forecast
Nintendo on Tuesday trimmed its sales and profit guidance for the March-ending fiscal year, citing reduced demand for the Nintendo Switch.Business - MarketWatch - 3 hours ago -
U.S. crude oil prices fall more than 2% after OPEC cuts demand forecast again
Soft demand in China has weighed on the market for months.Business - CNBC - October 14 -
FirstFT: Japan plunges into political chaos
Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflowsWorld - Financial Times - October 28 -
Mortgage rates surge, putting a damper on home buying and refinancing
Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.Business - MarketWatch - October 16 -
Cuba plunged into crisis by prolonged power blackouts
President warns against ‘vandalism’ after fuel shortages exacerbate economic strugglesBusiness - Financial Times - October 21 -
Kering warns on profit as Gucci sales plunge
French luxury group grapples with turnaround at its biggest brand as demand dips in AsiaBusiness - Financial Times - October 24 -
China’s industrial profits plunge as economic momentum falters
Steep monthly decline in September comes as policymakers battle to restore confidenceBusiness - Financial Times - October 27 -
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 paralysisBusiness - Financial Times - October 28 -
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 jobBusiness - Financial Times - October 28 -
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 innovationBusiness - Financial Times - October 28 -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - 6 days ago -
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 - 4 days ago -
IMF raises 2025 growth forecast
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story IMF sounds death knell over inflation, raises 2025 outlook International Monetary ...Politics - The Hill - October 22 -
Airbus Revenue, Earnings Beat Forecasts
Airbus posted earnings and revenue above analysts’ expectations, highlighting diverging fortunes with Boeing a week after the beleaguered company reported a multibillion-dollar loss.Business - The Wall Street Journal - 5 days ago -
Parts of UK forecast to see temperatures jump to 20C this week
Parts of the country could see a 10C bump in temperatures in the short period of fine weather.Top stories - BBC News - October 14 -
UK public borrowing exceeds official forecast in September
Data comes as chancellor Rachel Reeves prepares to raise taxes in next week’s BudgetBusiness - Financial Times - October 22 -
IMF upgrades UK growth forecast in boost to Reeves
Fund’s chief economist sees chance of more ‘aggressive’ Bank of England rate cuts as chancellor prepares for BudgetBusiness - Financial Times - October 22 -
Reeves welcomes IMF's improved UK economic forecast
The global financial institution predicts stronger UK growth of 1.1% this year and 1.5% next year.Top stories - BBC News - October 22 -
Lloyds beats earnings forecasts as lending rises
Mortgage book grows as customers take advantage of fall in interest ratesBusiness - Financial Times - October 23 -
A Trump victory would end ‘normal’ politics between UK and US
Keir Starmer defends Labour activists helping Kamala Harris but if former US president wins, such activity could become diplomatic liabilityBusiness - Financial Times - October 23 -
Heathrow says resumed dividends ‘probable’ as it raises forecasts
Airport’s peak summer season boosted by passengers transiting to Paris for OlympicsBusiness - Financial Times - October 23 -
American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss
American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.Business - CNBC - October 24 -
What's the mortgage interest rate forecast for November 2024?
After falling in September, mortgage interest rates rose again in October. Here's what could happen this November.Top stories - CBS News - October 28 -
AMD reports record revenue but Q4 forecast disappoints
Advanced Micro Devices reported record Q3 revenue of $6.8 billio, up 18%. But the shares fell due to a disappointing forecast for Q4.Tech - VentureBeat - 6 days ago -
Halloween forecasts predict record temperatures in parts of the U.S.
East Coast and southern U.S. states experienced high temperatures this Halloween, with the heat forecast set to break records. CBS News 24/7 anchor Lana Zak reports on the weather and how New ...Top stories - CBS News - 4 days ago -
Rain forecasted in key swing states on Election Day
Rain is threatening to disrupt Election Day in several key swing states. A cold front is slicing through the middle of the country, bringing a threat of rain showers and thunderstorms from the ...Politics - The Hill - 21 hours ago -
Election forecaster predicts 218-217 House
Sabato’s Crystal Ball, a prominent election forecaster, predicted Monday that this year’s elections will result in a House divided by one vote. “Just like the presidential race, the battle for the ...Politics - The Hill - 13 hours ago -
Titans cutting Jamal Adams
Jamal Adams' brief tenure in Tennessee is coming to an end.Sports - Yahoo Sports - October 17 -
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 -
Eric Adams’s Campaign Donations Plunge After Federal Indictment
Donations to the New York City mayor’s re-election campaign ceased after a five-count federal corruption indictment against him was unsealed last month.Top stories - The New York Times - 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 -
What to know about the electrical grid failure that plunged Cuba into darkness
A few things to know after millions of people in Cuba were left without electricity for two days when the nation's electrical grid collapsedWorld - ABC News - October 20
