Latest in Shares Plunge Chief
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Consumer anger over high prices piles pressure on politicians
Post-Covid inflation rise leaves toxic legacy for governments across rich economiesBusiness - Financial Times - 3 days ago -
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 - 3 days ago -
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 -
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 -
Vistry shares plunge as cost overruns hit profits
UK housebuilder blames ‘insufficient management capability’ and ‘poor divisional culture’ for underestimating costsBusiness - Financial Times - 6 days ago -
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 guidanceWorld - Financial Times - October 23 -
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 -
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 -
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 -
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 - November 4 -
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 -
Novavax says FDA put hold on combination Covid-flu shot and influenza vaccine; shares plunge
The so-called clinical hold is due to a single report of nerve damage in a patient who received the combination shot in a phase two trial.Business - CNBC - October 16 -
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 -
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 -
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 - 6 days ago -
Kelce shares ominous message to Kittle after 49ers vs. Chiefs
Chiefs tight end Travis Kelce shared an ominous one-liner to 49ers tight end George Kittle after Kansas City defeated San Francisco on Sunday at Levi's Stadium.Sports - Yahoo Sports - October 22 -
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 -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - October 30 -
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 - October 30