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Europe Markets: European chip stocks tumble on Apple warning, while HSBC slumps on profit slide
European stocks under pressure a day after Apple warns on its fourth-quarter guidance, owing to fallout from the coronavirus. Chip makers were in the firing line, while HSBC also slid on a profit plunge and potentially 35,000 job cuts......»»
SIG slumps 20% after profit warning
Building materials supplier SIG plc lost a fifth of its value.....»»
Wall Street treads water after rally, Walgreens slumps on profit warning
The benchmark S&P 500 stock index paused on Tuesday, taking a breather from Monday's strong quarterly kickoff as a decline in shares of Walgreens Boots Alliance Inc weighed and economic data did little to ease growth concerns......»»
Wall Street takes a breather, Walgreens slumps on profit warning
A three-day surge in U.S. stocks stalled on Tuesday, as a profit warning from drugstore chain Walgreens Boots hit the pharma sector, while investors looked for signs of strength in the economy in the wake of growth worries......»»
Etsy slumps 14% after warning growth could slow in coming months following 1st-quarter earnings beat
"We currently expect Q2 20.....»»
Etsy slumps 11% after warning growth could slow in coming months following 1st-quarter earnings beat
"We currently expect Q2 2021 gross merchandise sales to decelerate," the company said in its earnings report. The stock fell even as earnings beat estimates. Etsy is an online marketplace that offers handmade and vintage go.....»»
PetMed Express stock slumps after profit miss
PetMed Express Inc. stock slumped 8.6% in Tuesday premarket trading before rebounding to a 2.1% decline after the pet pharmacy reported fiscal third-quarter profit that missed expectations. Net income to.....»»
Wells Fargo"s stock slumps after revenue falls more than forecast, but profit breaks streak of misses
Shares of Wells Fargo & Co. slumped 2.5% in premarket trading Friday, after the bank reported a fourth-quarter profit that beat expectations for the first time in six quarters, but revenue that fell more than forecast as lower int.....»»
PayPal profit slumps as COVID-19 weighs on spending
Payment processor Paypal Holdings Inc reported an 87.4% slump in first-quarter profit on Wednesday, as consumers spent less due to the COVID-19 lockdowns and unemployment numbers surged......»»
European stocks pause as BMW slumps 5% on warning
European stocks opened flat on Wednesday, with investors weighing .....»»
Outback parent issues profit warning, expects hundreds of restaurants to reopen Tuesday
Bloomin' Brands Inc. shares fell 4.5% in Tuesday premarket trading after the company announced preliminary first-quarter losses totaling 44 cents per share and adjusted EPS of 14 cents, below the FactSet cons.....»»
Wall Street slides as Trump warns of new China tariffs
Wall Street's main indexes fell on Friday after President Donald Trump threatened to slap new tariffs on China over the coronavirus crisis, while a profit warning from Amazon added to the gloom......»»
Wall St. slides as Trump warns of new China tariffs
Wall Street's main indexes fell on Friday after President Donald Trump threatened to slap new tariffs on China over the coronavirus crisis, while a profit warning from Amazon added to the gloom......»»
BP hikes debt, keeps dividend as coronavirus hammers profits
BP's first-quarter profit tumbled by two thirds and its debt climbed to its highest in at least five years as the coronavirus crisis hammered oil demand, but the energy major kept its dividend despite warning of exceptional uncertainty......»»
Chinese electric vehicle maker BYD"s profit slumps after subsidy cuts
Chinese electric vehicle maker BYD Co Ltd , reported on Tuesday a 42% drop in 2019 profit, saying cuts in government subsidies and emissions rules changes had hit demand in the sector......»»
Bank of America gives dour economic outlook, profit falls
Bank of America Corp reported a 48.5% drop in first-quarter net income on Wednesday, warning that it anticipated a recession because of the novel coronavirus and setting aside an additional $3.6 billion to cover potential losses......»»
RealReal"s stock slumps after loss warning, job cuts
Shares of RealReal Inc. slumped 2.4% in morning trading Tuesday, after the online luxury consignment site warned of a wider-than-expected net loss for the first quarter, but provided an .....»»
Tupperware shares crater 43% to record low after profit warning
Shares of Tupperware Inc. tumb.....»»
Tupperware shares crater 43% to record low after profit warning and news of Mexico accounting probe
Shares of Tupperware Inc. tumb.....»»
Tupperware crashes to record low amid profit warning, accounting probe
Tupperware said its full-year 2019 earnings would fall sharply from the prior year......»»