Latest News for: Profits warnings

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Stellantis boss won’t rule out dividend cuts after profits warning

The Times/The Sunday Times 04 Oct 2024
The boss of Stellantis has refused to rule out cuts to dividends next year after issuing a profit warning this week ... Investors fear payouts will be disrupted by the continuing upheaval in the business ... Business & Money ... .
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As EU targets Chinese cars, European rivals sputter

Potter Leader-Enterprise 04 Oct 2024
German group Volkswagen, BMW, Mercedes and Stellantis, a 15-brand behemoth that includes Jeep, Fiat and Peugeot, have all issued profit warnings in recent weeks ... The company has offered promotional deals in recent months, limiting profit margin.
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Global car shares slide amid lower demand in China – what happens now?

Moneyweek 04 Oct 2024
Has the car sector run into trouble? Britain’s Aston Martin and Germany’s Volkswagen are among the key automobile brands that have issued profit warnings ....
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Down 8.5% in a week, what’s going on with the JD Sports share price?

The Motley Fool 04 Oct 2024
And said that it expects to report a full-year adjusted profit before tax of £955m-£1,035m ... Profit before tax405.6126.3(279.3) ... The American sportswear giant has recently issued a profits warning and replaced its chief executive.
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Car makers dangle £2bn in EV discounts to customers to boost UK sales

The Irish Times 04 Oct 2024
The pullback of subsidies in several markets across Europe has contributed to a slump in EV demand and profit warnings from the likes of Stellantis and Volkswagen. READ MORE ... .
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SMALL CAP MOVERS: AO World makes bargain offer for MusicMagpie

This is Money 04 Oct 2024
is a popular online marketplace for picking up a bargain on second-hand iPhones, PlayStations and what have you ... A profit warning this June appeared to irreparably undermine confidence in the stock, which by late August had hit a low of 5.25p ... ....
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Best AIM stocks to consider buying in October

The Motley Fool 04 Oct 2024
The main danger here is that the company’s still in growth mode and not yet profitable ... Investors were particularly spooked by a profit warning in June, which caused a one-day drop of 46%.
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Spirit Airlines (SAVE) stock falls another 40%: what led to this decline?

Invezz 04 Oct 2024
Spirit Airlines Inc (NYSE ... Spirit Airlines needed JetBlue to survive ... But shares continued to tumble in recent months as SAVE failed to turn a profit and even warned of a steeper loss in Q3 due to “intense competitive battle” ... ....
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European shares rise as energy stocks shine on wider Middle East conflict

Hindustan Times 04 Oct 2024
*. European shares rise as energy stocks shine on wider Middle East conflict ... * ... The dour performance was led by Italian-American automaker Stellantis, which lost nearly 17% this week after a profit warning and sustainability of the company's dividend.
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Oil set for biggest weekly gain since early 2023 on Middle East risk

The Irish Times 04 Oct 2024
READ MORE ... in Singapore ... Options markets are flashing warning signs, as investors bet that oil could rise further. Brent call options, which profit from when prices rise, were at the widest premium to the opposite puts in a year, as of Thursday’s close.
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IHC directs acting PTV MD to look after only day-to-day affairs

Dawn 04 Oct 2024
ISLAMABAD ... According to documents, during 2023-24 PTV was in loss of almost Rs30 million whereas in 2022-23 the profit was almost Rs870 million. A report on PTV’s financial health warned that “the loss will increased alarmingly” ... .
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Stellantis to workers: Please don't 'weaken' us more with a strike

Detroit news 04 Oct 2024
Tavares, known for his aggressive cost-cutting, blamed this week's profit warning on a "small operational mistake" in the United States and added that it "in no way" raises questions about his strategy for the company, Bloomberg reported.
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Watches of Switzerland joins forces with watch fan site Hodinkee

The Daily Mail 04 Oct 2024
Watches of Switzerland said the acquisition will be funded through existing financing facilities. In charge ... RELATED ARTICLES ... Wetherspoon's Tim Martin warns against further pub sector... Tesco boss upbeat as chain raises profit forecast and says... '.
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Israel’s economy is paying a high price for its widening war

CNN 04 Oct 2024
Such measures, coupled with a weakened sense of security, could also spur an exodus of highly educated Israelis, notably tech entrepreneurs, Flug warned ... In a recent report, Hasson warned that the ...
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Michael Smolens: Gunderson seeks to take abortion ‘off the table’ in congressional race

The San Diego Union-Tribune 04 Oct 2024
He said certain corporations have to be held accountable for what he called unreasonable profits and that some companies should no longer get tax breaks. He has further warned that Trump’s ...

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Oil prices rise on threat of wider Middle East war
Business Day
03 Oct 2024
After the task force in the supply, oil & gasoline (gas) station register more regular flow, Brasilia, Brazil
ABr / Gabriel Jabur
Putin ‘met with shamans in Mongolia to ask about using nukes’
Metro UK
04 Oct 2024
FILE - Russian President Vladimir Putin, center, talks with Russian Chief of General Staff Gen. Valery Gerasimov, left, and Russian Defense Minister Sergei Shoigu after a meeting with military leaders in Moscow, Russia, on Dec. 19, 2023. The Kremlin says Russia's President Vladimir Putin has signed a decree appointing Sergei Shoigu as secretary of Russia's national security council, replacing Nikolai Patrushev. The appointment Sunday comes after Putin proposed to appoint Andrei Belousov as the country's defense minister instead of Shoigu, who has served in the post for years.
AP / Mikhail Klimentyev, Sputnik, Kremlin Pool Photo via AP, File
Israel bombards Beirut after deadliest West Bank strike in decades
Guam Pacific Daily News
04 Oct 2024
A man runs for cover as a smoke raises in the background following an Israeli airstrike in Dahiyeh, Beirut, Lebanon, Friday, Oct. 4, 2024.
AP / Hassan Ammar
Ukraine Claims Attack on Russian Oil Depot
Moscow Times
04 Oct 2024
In this photo taken from video released by Russian Emergency Ministry Press Service on Friday, Oct. 4, 2024, firefighters extinguish a large fire at the base for the storage of petroleum products with an area of 10 thousand square meters on fire in the industrial zone of the village of Osentsi, Perm region of Russia.
Russian Emergency Ministry Press Service via AP / Russian Emergency Ministry Press Service
Middle East war could swing US election for Trump
Asiatimes
04 Oct 2024
Shirts and hats are seen at a vendor stand before a former President Donald Trump commit to caucus rally, Wednesday, Dec. 13, 2023, in Coralville, Iowa.
AP / Charlie Neibergall
Tesla working on 4 next-gen batteries to power EVs, Robotaxi, Cybertruck
Interesting Engineering
04 Oct 2024
FILE - A 2021 Model 3 sedan is connected to a charger at a Tesla dealership on June 27, 2021, in Littleton, Colo.
AP / David Zalubowski, File
North Korea’s Kim Jong Un threatens to destroy the South with nuclear weapons if provoked
CNN
04 Oct 2024
A TV screen shows an image of North Korean leader Kim Jong Un during a news program at the Seoul Railway Station in Seoul, South Korea, Tuesday, Jan. 16, 2024
AP / Ahn Young-joon
Mark Zuckerberg surpasses Jeff Bezos as world’s second-richest person with $206.2bn net worth
Arabian Business
04 Oct 2024
Mark Zuckerberg at South by Southwest in 2008.
Creative Commons / Jason McELweenie
Southeast US reels as storm Helene death toll passes 210
Sina
04 Oct 2024
Len Frisbee dumps a wheelbarrow of dirt as he helps with clean up in the aftermath of Hurricane Helene Tuesday, Oct. 1, 2024, in Hot Springs, N.C.
AP / Jeff Roberson
Massacre in Burkina Faso left 600 dead, double previous estimates, according to French security assessment
CNN
04 Oct 2024
Province of Gourma, Burkina Faso, West Africa, street south of Fada N'Gourma - direction border Benin)
Creative Commons / Martin Wegmann Baliola
Hezbollah leader agreed to temporary ceasefire days before assassination, says Lebanese foreign minister
CNN
03 Oct 2024
File - Hezbollah supporters carry a flag depicting Hezbollah leader Hassan Nasrallah as they ride a scooter following the funeral procession of Hezbollah commanders Ibrahim Kobeisi and Hussein Ezzedine in Beirut's southern suburb, Wednesday, Sept. 25, 2024.
AP / Hassan Ammar
Japan PM warns ‘today’s Ukraine could be tomorrow’s East Asia’
Dawn
04 Oct 2024
Japanese Prime Minister Shigeru Ishiba delivers his first policy speech during a Diet session at the Lower House of the Parliament Friday, Oct. 4, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)
AP / Eugene Hoshiko
Addressing climate change and inequality: A win-win policy solution
Phys Dot Org
04 Oct 2024
In this Friday Sept. 22, 2006 file photo, an oil refinery is seen at sunset in Rodeo, Calif. Oil refineries, electric utilities and other emitters of greenhouse gases must pay to emit carbon dioxide under the state's cap-and-trade program.
AP / Rich Pedroncelli, file
As communist China turns 75, can Xi fix its economy?
BBC News
04 Oct 2024
Chinese President Xi Jinping makes a toast on stage after delivering his speech at a dinner marking the 75th anniversary of the founding of the People's Republic of China, at the Great Hall of the People in Beijing, Monday, Sept. 30, 2024.
AP / Andy Wong
Not your grandfather’s NATO
Asiatimes
04 Oct 2024
President Joe Biden and NATO leaders pose for a family photo during an event marking the 75th anniversary of the NATO Alliance, Tuesday, July 9, 2024, in the Andrew W. Mellon Auditorium in Washington, D.C.
White House / Oliver Contreras
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