Latest in Shipments Slump Lower
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Jeep maker Stellantis reports 27% drop in sales
Stellantis reported a 20% drop in its shipments driven by major slumps in both Europe and North AmericaBusiness - MarketWatch - 5 days ago -
Fortescue Iron Ore Shipments, Costs Rise
The company reiterated an annual production forecast of between 190 million and 200 million tons for the year through June 2025.Business - The Wall Street Journal - October 23 -
US threatens Israel with arms shipment suspensions over Gaza conditions: Reports
The Biden administration is telling Israeli officials to take immediate measures to address the humanitarian situation in the Gaza Strip or risk cutting off access to key U.S. military assistance. ...Politics - The Hill - October 15 -
Chrysler and Jeep maker sees North American deliveries dive 36%
Europe’s largest car manufacturer Stellantis reported a 20% drop in shipments and a 15% drop in sales in the third quarter of 2024Business - MarketWatch - October 16 -
Austin, in Ukraine, Announces New Arms Shipment as U.S. Election Looms
The trip by the U.S. defense secretary comes as Russian forces steadily gain territory in eastern Ukraine.Top stories - The New York Times - October 21 -
Chipmaker GlobalFoundries Faces $500,000 Fine for Banned Shipments to China
The Biden administration said it had reached a settlement after the U.S. chipmaker voluntarily disclosed that it had shipped products to a firm linked with China’s military industrial complex.Business - The New York Times - 4 days ago -
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 pressuresBusiness - Financial Times - October 17 -
LVMH stock falls on slumping luxury sales in China
LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter salesBusiness - MarketWatch - October 16 -
Stellantis Car Deliveries Slump on U.S. Woes
Stellantis vehicle deliveries fell 20% in the third quarter as the Jeep and Ram-maker began to take measures to address excess inventory in the U.S.Business - The Wall Street Journal - October 16 -
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European Union’s car market slumps further in September
New car registrations dropped by 6.1% in September driven by lower sales in Europe’s top three markets, France, Italy and GermanyBusiness - MarketWatch - October 22 -
Starbucks Suspends Guidance as Sales Slump Persists
The coffee chain needs to “fundamentally change” strategy, the new CEO, Brian Niccol, said. Shares fell in premarket trading.Business - The Wall Street Journal - October 23 -
Durable-goods orders retreat due to Boeing. Manufacturing slump goes on.
Orders at U.S. factories fell almost 1% in September — mostly due to fewer aircraft bookings — and showed little sign of a rebound in a slump-ridden manufacturing industry.Business - MarketWatch - October 25 -
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 -
What Lower Inflation Means For You
There’s been a surprise fall in the rate at which prices increaseTop stories - BBC News - October 16 -
Ozempic lowers Alzheimer’s risk: Research
The diabetes and weight loss drug Ozempic could lower the risk of Alzheimer's disease among people with Type 2 diabetes, according to a new study published Thursday. Alzheimer’s disease is the ...Politics - The Hill - October 24 -
Oil prices lose 2% after China offers little detail on stimulus plans
Oil futures ended lower Monday to give back all of last week’s gains and then some, after a weekend announcement by Chinese authorities failed to provide details on a stimulus plan sufficient to ...Business - MarketWatch - October 14 -
Aaron Judge’s Playoff Slump Is Over. Now He Needs to Carry the Yankees.
Judge’s home run in Game 2 let the Yankees exhale, for so many reasons.Sports - The New York Times - October 16 -
ASML says chip-market slump will mainly impact sales to China
A day after a profit warning that rocked the stock market, executives at ASML Holding said the slower-than-expected recovery in the microchip market will have the sharpest impact on sales to China ...Business - MarketWatch - October 16 -
Elevance Health’s stock slumps 13% as profit dented by ‘unprecedented’ Medicaid challenges
Elevance Health Inc.’s stock tumbled 13% Thursday and weighed on rivals after the health insurer’s third-quarter profit fell short of estimates amid ”unprecedented” challenges in the Medicaid ...Business - MarketWatch - October 17 -
Schlumberger’s stock slumps as falling oil prices turn customers cautious
Schlumberger’s stock slumps after revenue misses expectations amid “cautious spending” by some international customers as oil prices fell.Business - MarketWatch - October 18 -
Starbucks boss shakes up menu to win back customers
The coffee shop chain has also promised to look at pricing and staffing to prevent bottlenecksTop stories - BBC News - October 23 -
Wall Street slumps as rates climb, and more negativity on the iPhone 16 emerges
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - October 23 -
Mercedes-Benz Earnings Slump on Tough Economic Backdrop, Fierce Competition
The luxury-car maker’s net profit halved in the third quarter and it said profitability in its main cars business was weaker due to softer pricing and lower sales of its higher-margin models.Business - The Wall Street Journal - October 25 -
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 - 5 days ago -
Trump's wealth slumps by $1.9 billion amid DJT stock plunge
Trump Media & Technology Group's stock, which trades under DJT, is plunging just days before the November 5 election.Top stories - CBS News - 5 days ago -
Three Potential Trade Targets For Slumping Avalanche Team In Need Of Depth
The Colorado Avalanche are a Jekyll-and-Hyde team — and Adam Proteau has a handful of trade options for Avs brass to consider as they try and correct the team's course.Sports - Yahoo Sports - 2 days ago -
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.Business - The New York Times - October 18 -
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.Top stories - NBC News - October 22 -
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.Business - The Wall Street Journal - October 23 -
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.Business - The Wall Street Journal - October 23 -
Mattel, Hasbro lower guidance ahead of holiday season
Toy giants Mattel and Hasbro decreased 2024 guidance prior to the holiday season as toy sales continue to fall during the third quarter.Business - CNBC - October 24 -
Harris vs. Trump on lowering health care costs
Presented by Alliance for Aging Research — McDonald's E.coli issue worsens {beacon} Health Care Health Care The Big Story Harris vs. Trump: lowering health care costs The economy and health ...Politics - The Hill - October 25 -
'Alarming' - creators hit back at Instagram lowering quality of less viewed videos
The revelation has sparked concern among some creators it may impact their reach on the platform.Top stories - BBC News - October 29 -
Moncler Revenue Falls on Lower Demand in Asia, Europe
The Italian fashion group said the results were hit by lower consumer confidence in several markets, as the luxury industry continues to grapple with a period of volatility.Business - The Wall Street Journal - October 29
