Luxoft Drops on Second-Half Headwinds
Luxoft Holding NYSE LXFT 160 announced fiscal second quarter 2019 results early Thursday delivering roughly flat sales as it continues its strategic customer diversification efforts and shifts toward higher growth markets But for the fourth time this year.....»»
JPMorgan drops its recession call for the first half and now sees a 55% chance of a soft landing for the global economy
"The larger shift in our recent thinking, however, is about the relationship between interest rates and the life of the expan.....»»
Workhorse stock drops after revenue was less than half what was expected
Shares of Workhorse Group Inc. dropped 7.2% toward .....»»
Local tourism drops 53%, loses $25B+ due to pandemic. Here"s what"s being done about it.
The region saw more than half of its visitation lost last year......»»
Nikola stock drops after Wedbush"s Ives cuts price target nearly in half
Shares of Nikola Corp. dropped 1.3% in prema.....»»
Bitcoin drops by half in epic 2-day plunge
Bitcoin is proving to be no haven asset amid the current global market meltdown......»»
Warren Buffett says economy is "strong, but a little softer" than it was 6 months ago
Berkshire Hathaway Chairman and CEO Warren Buffett said Monday that while the U.S. economy still looks healthy, it isn't as robust as it was even half a year ago thanks to a combination of global headwinds......»»
Syngenta reports 4% gain in global sales at $3.6 billion
Citing a solid second half of 2019 that helped it overcome first-half unfavorable weather headwinds, agriculture company Syngenta reported sales of $3.6 billon for the year, a 4 percent gain over the year prior. Net income of $1.45 billion in 2019 was .....»»
Werner Posts Solid Q4 Result; "Choppy Times Ahead" In First Half Of 2020
One of the nation's largest truckload (TL) carriers, Werner Enterprises Inc. (NASDAQ: WERN), expects continued headwinds in the first half of 2020. The Omaha, Nebraska-based company reporte.....»»
Bitcoin Price Sheds $500 Over Day, Drops Below $8,000
Support at $7,900 lasted about one-half-hour before the price went southward once more, sitting at $7,800 as of writing......»»
Oil price drops further after half of Saudi output restored
The price of oil .....»»
Vancouver"s Record Mid-Year Report Can"t Hide Trade Turbulence
The Port of Vancouver handled a record amount of cargo in volumes and containers during the first half of 2019 as Canada's largest maritime trade hub showed resilience but not immunity to economic headwinds. read more.....»»
It’s not just Bloom Energy: Half of last year’s Bay Area IPO stocks are underwater
Half of the 34 businesses from the region that debuted on Wall Street in 2018 are now trading below their initial offering price, and three have experienced bigger percentage drops than Bloom......»»
Earnings Results: GoPro stock drops 7% after earnings miss, second-half rebound promised
GoPro Inc.’s second-quarter earnings and revenue fell short of expectations on Thursday, though the company said it was raising its outlook for the second half of the year......»»
Huawei says its first-half revenue jumped 23.2% despite political headwinds
China's Huawei said its total revenue came in at 401.3 billion yuan ($58.26 billion) and its net profit margin for the period was 8.7%......»»
Carter"s Delivered A Q2 Beat, But Will Face Back-Half Headwinds, DA Davidson Says
Carter's, Inc. (NYSE: CRI) beat second-quarter EPS expectations by 14 cents but lowered its third-quarter g.....»»
Carter"s Delivered A Q2 Beat, But Will Face Back-Half Headwinds, DA Davidson Says
Carter's, Inc. (NYSE: CRI) beat second-quarter EPS expectations by 14 cents but lowered its third-quarter guidance due to the likely reversal of a shift in timing of SG&A expenses and wholesale order upsid.....»»
Netflix headwinds to diminish in second half, says SunTrust
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Chipmakers likely to post disappointing 2H19 results
Most of Taiwan-based chipmakers will likely experience a particularly weak second half of 2019, due to macro headwinds facing the chipmaking sector, according to industry observers......»»
Venezuela"s Inflation Finally Drops Below 1 Million Percent
Finally, some relief for Venezuelans - and we're only half joking. Annual inflation in the country has dropped below one million percent in May for the first time since 2018, Reuters reports. And how did the country magically start to .....»»