Month: October 2022

Ford’s sales up 16% in third quarter, despite September decline
Ford F-150 Lightning at the 2022 New York Auto Show. Scott Mlyn | CNBC DETROIT – Ford Motor on Tuesday said its sales in the third quarter increased about 16% compared with a year earlier, despite a larger-than-expected decline in September. The Detroit automaker, which reports sales monthly, said it sold 142,644 vehicles last month, […]
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Paramount’s peak earnings growth is likely in the past, Wells Fargo says in downgrade
Wells Fargo is shifting its perspective on Paramount , believing the entertainment company may have surpassed its peak earnings growth. “The transition to streaming appears to be the right one, but earnings might need another structural reset lower, even after streaming loses abate,” wrote analyst Steven Cahall in a note to clients Tuesday. “We don’t […]
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Air cargo rates slump but some companies see long-term strength
The cost of shipping air freight around the world is slumping, but some companies say the world’s shift to flying goods around the world will keep the market attractive for years. “I don’t think it’s going to give back share to other forms of transportation,” Boeing CEO Dave Calhoun told reporters at an industry conference […]
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Shares earning the major moves premarket: Rivian, Credit rating Suisse, Poshmark and a lot more
In this write-up CS DPZ RIVN Observe your favorite sharesGenerate Free of charge ACCOUNT R.J. Scaringe, Rivian’s CEO, introduces the entire world to his firm’s R1T all-electric powered pickup and all-electrical R1S SUV at the Los Angeles Car Clearly show in Los Angeles, California, November 27, 2018. Mike Blake | Reuters Examine out the organizations […]
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Apple Apple iphone and other units may perhaps be forced to use a prevalent charger just after EU lawmakers approve rule
European lawmakers are on the lookout to introduce a law that would call for electronic units to use a prevalent charger. EU lawmakers have proposed USB Sort-C as the widespread typical. gelmold | iStock | Getty Pictures European lawmakers on Tuesday accredited a new legislation that would have to have electronic equipment to use a […]
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5 things to know before the stock market opens Tuesday
Traders on the floor of the NYSE Sept. 30, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. A little relief The weather was gloomy Monday in New York, but the markets, for a change, were not. Stocks rebounded sharply as investors sought to shake […]
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Credit score Suisse to stay ‘under pressure’ but analysts cautious of Lehman comparison
A Swiss flag flies around a indication of Credit rating Suisse in Bern, Switzerland FABRICE COFFRINI | AFP | Getty Visuals Credit history Suisse shares briefly sank to an all-time lower on Monday whilst credit history default swaps hit a history significant, as the market’s skittishness about the Swiss bank’s upcoming grew to become abundantly […]
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JPMorgan trims Disney’s price target, cites higher direct-to-consumer losses
Disney ‘s upside could be capped as the entertainment company faces higher potential losses in some segments. Analyst Philip Cusick trimmed his price target on the stock to $145 from $160 a share in a note to clients Tuesday, citing adjustments to operating income for the company’s parks and entertainment segment and higher losses in […]
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