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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......»»

Category: topSource: marketwatchFeb 18th, 2020

SIG slumps 20% after profit warning

Building materials supplier SIG plc lost a fifth of its value.....»»

Category: topSource: marketwatchJan 9th, 2020

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......»»

Category: topSource: reutersApr 2nd, 2019

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......»»

Category: topSource: reutersApr 2nd, 2019

Etsy slumps 14% after warning growth could slow in coming months following 1st-quarter earnings beat

"We currently expect Q2 20.....»»

Category: smallbizSource: nytMay 6th, 2021

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.....»»

Category: topSource: businessinsiderMay 6th, 2021

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.....»»

Category: topSource: marketwatchJan 19th, 2021

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.....»»

Category: topSource: marketwatchJan 15th, 2021

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......»»

Category: topSource: reutersMay 6th, 2020

European stocks pause as BMW slumps 5% on warning

European stocks opened flat on Wednesday, with investors weighing .....»»

Category: topSource: marketwatchMay 6th, 2020

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.....»»

Category: topSource: marketwatchMay 5th, 2020

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......»»

Category: topSource: reutersMay 1st, 2020

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......»»

Category: topSource: reutersMay 1st, 2020

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......»»

Category: topSource: reutersApr 28th, 2020

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......»»

Category: topSource: reutersApr 21st, 2020

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......»»

Category: topSource: reutersApr 15th, 2020

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 .....»»

Category: topSource: marketwatchApr 14th, 2020

Tupperware shares crater 43% to record low after profit warning

Shares of Tupperware Inc. tumb.....»»

Category: topSource: moneycentralFeb 25th, 2020

Tupperware shares crater 43% to record low after profit warning and news of Mexico accounting probe

Shares of Tupperware Inc. tumb.....»»

Category: topSource: marketwatchFeb 25th, 2020

Tupperware crashes to record low amid profit warning, accounting probe

Tupperware said its full-year 2019 earnings would fall sharply from the prior year......»»

Category: topSource: foxnewsFeb 25th, 2020