Latest in Target Shares Plunge
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Target Shares Plunge on Earnings Miss
The retailer says spending remains sluggish for apparel, TVs and home goods.Business - The Wall Street Journal - 6 hours ago -
Target shares plunge 20% after discounter cuts forecast, posts biggest earnings miss in two years
Target missed on earnings and revenue even as it cut prices on thousands of items, including milk, diapers and toys, to try to attract discerning shoppers.Business - CNBC - 3 hours 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 - November 8 -
Target Stock Plunges After Weak Earnings Report Ahead of Holiday Season
The retailer’s downbeat earnings report, which included lower profit and larger inventory, fell far short of Wall Street’s expectations.Business - The New York Times - 2 hours ago -
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 -
Consumer anger over high prices piles pressure on politicians
Post-Covid inflation rise leaves toxic legacy for governments across rich economiesBusiness - Financial Times - November 11 -
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 - November 11 -
Target shares tumble as retailer’s holiday forecast disappoints
US retailer blames muted sales of non-essential items and rising costsWorld - Financial Times - 6 hours ago -
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 - November 8 -
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 -
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
