Under Armour forecasts downbeat annual sales and profit, shares slump
UNDER Armour forecast a surprise drop in annual sales and projected profit below analysts’ estimates on Thursday (May 16), as ...
Tag: Slump
Warner Bros Discovery posts larger-than-expected loss on studio slump, weak ad market
WARNER Bros Discovery reported a larger-than-expected quarterly loss, as advertising sales slumped at its cable TV unit and the studio ...
Tesla sends top executive back to China as sales slump worsens
TESLA is sending executive Tom Zhu back to China, where he led the carmaker’s entry into the country, The Wall ...
Mercedes earnings drop on model changeovers, EV slump
Mercedes-Benz Group’s earnings plummeted 34 per cent in the first quarter, weighed down by model changes and sluggish demand for ...
Nestle sales growth sputters on US slump, vitamin snags
NESTLE sales growth sputtered in the first quarter as the maker of Nespresso coffee was hit by cooler demand in ...
BNP Paribas beats estimates as lower costs offset trading slump
BNP Paribas (BNPP) beat first-quarter profit forecasts on Thursday (Apr 25) as lower costs and a robust performance in global ...
Greenback recovers from PMI slump, yen closes in on 155 per dollar
THE US dollar regained some lost ground on Wednesday (Apr 24) following big falls against the euro and sterling the ...
Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs as deals slump
MORGAN Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific this week, sources with knowledge ...
HSBC cuts a dozen investment bankers in Asia on deals slump
HSBC Holdings has started a new round of job cuts at its Asia investment bank amid a slump in dealmaking ...
Chinese airlines slump on US move to curb flight frequencies
SHARES of China’s biggest airlines slumped on Friday (Apr 12) as investors reacted to news that US carriers are trying ...
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