Thyssenkrupp warns of economic pressure as profit falls
Steel-to-elevators group Thyssenkrupp has warned of a darkening economic backdrop, signalling tough times for its capital goods business ahead of a planned spin off. David Pollard reports......»»
Gold 1 OZ (XAU=X) seeing some profit taking after hitting a 4-week high
Gold 1 OZ (XAU=X) seeing some profit taking after hitting a 4-week high Gold remain under pressure Tuesday even as the U.S. housing sector continues to drag on economic growth. The Commerce Department’s lat.....»»
Infinera stock falls after company warns of pricing pressure, but analysts maintain bullish stances
Shares of Infinera Corp. are down 8.2% in premarket trading Thursday after the optical transmission equipment maker reported better-than-expected quarterly results but spoke of pricing pressure fr.....»»
China and Russia Push Into Iran, Exploiting Europe"s Caution
Chinese and Russian state-backed companies are maneuvering to profit from European firms leaving Iran, threatening the Trump administration’s bid to raise economic pressure on Tehran......»»
Futures Movers: Oil falls as global equity rout takes a toll on demand optimism
Oil futures remain under pressure Thursday, unable to escape the pull of a global equity rout that may also reflect concerns about underlying economic growth......»»
WPP shares plunge as falls behind ad rivals in post-Sorrell era
WPP lost a fifth of its market value on Thursday after a major downturn at its creative agencies in New York and London forced it to cut its sales and profit forecasts, ramping up the pressure on new boss Mark Read......»»
China factory activity falls amid tariff fight
An official survey shows China's manufacturing activity contracted in December, adding to pressure on Beijing to reverse an economic downturn amid trade tension with Washington......»»
Oil falls to $53 on economic worries, surging supply
Oil fell to about $53 a barrel on Wednesday, under pressure from rising output in major OPEC and non-OPEC producers and due to concerns about an economic slowdown that could weaken demand......»»
Oil falls toward $53 on economic worries, surging supply
Oil fell toward $53 a barrel on Wednesday, under pressure from rising output in major OPEC and non-OPEC producers and concerns about an economic slowdown that could weaken demand......»»
HSBC warns on China, Britain slowdown as 2018 profit disappoints
HSBC Holdings turned in a disappointing annual profit as higher costs and a stocks rout chipped away at its trading businesses, while warning that an economic slowdown in China and Britain would throw up further hurdles this year......»»
The US"s blowout debt burden is one piece of a global problem, IMF warns
"Loose fiscal policy in the United States exerts upward pressure on global interest rates an.....»»
Front-line NATO countries will be staring down a "battle-hardened Russia" able to more easily strike if Ukraine falls, war analyst warns
If Russia defeats Ukraine, a possibility if it doesn't get help, NATO may find itself facing a tough, e.....»»
S&P 500 Due For "Classic 10% Correction," Wall Street Veteran Warns: Why They Expect Zero Rate Cuts In 2024
Wall Street veteran Ed Yardeni predicts a 10% market drop due to rising yields and strong economic growth, with no expected Fed rate cuts. read more.....»»
D.C. region’s economy continues to slow, CBRE index warns
Effects from persistently higher interest rates, combined with falling federal spending locally, have continued to weaken the local economy, according to the latest numbers from CBRE Group Inc.’s index charting Greater Washington’s economic p.....»»
Bond Yields Surge To 6-Month Highs As Likelihood Of No-Landing Scenario Increases: UBS Warns Of Potential Fed Rate Hikes To 6.5%
U.S. Treasury yields at highest since mid-November 2023 due to economic resilience, fiscal spending, and inflation pressures, impacting government debt costs and bond ETFs. read more.....»»
Knicks fan who used bitcoin to buy tickets in 2013 lost out on almost $30,000 worth of profit
In 2013, Alex Taub agreed to buy a pair of tickets to a New York Knicks game using bitcoin. The value now falls within the $30,000 range. An NBA basketball game.....»»
Lowe"s beats on profit and sales and provides upbeat outlook, but stock falls
Lowe's Companies reported Wednesday fiscal first-quarter profit, sales and same-store sales that rose above expectations, and provided an upbeat outlook, but the home improvement retailer's stock fell 1.5% in premarket t.....»»
Dow falls over 300 points early Tuesday as tech stocks get slammed amid renewed inflation fears
U.S. stock benchmarks opened solidly lower Tuesday, with inflation worries seen keeping pressure on previously highflying tech stocks. The Dow Jones Industrial Average.....»»
Top economist Mohamed El-Erian warns of a jobless recovery - and recommends investors ride the liquidity wave
Allianz's chief economic advisor suggested workers might lack the skills employers want, and predicted stimulus would fuel an "everything rally." Mohamed El-Erian. REUTERS/Lucy Nicholson Mohamed El-Erian warned the US econom.....»»
Tyson earnings beat expectations but warns of mounting margin pressure
Tyson Foods Inc. stock rose 1% in Monday premarket trading after the protein manufacturer reported fiscal second-quarter earnings and sales that beat expectations. Net income totaled $476 million, or $1.30 per share, up fro.....»»
Marriott"s stock falls after profit beats expectations but revenue falls shy
Shares of Marriott International Inc. dropped 1.2% in premarket trading Monday, aft.....»»