JD.com (JD) stock has plunged in 2018 and hit multiyear lows. In addition to the trade standoff between the United States and China that has generally caused sell-offs in global stocks in recent months, the sell-off in JD stock can also be linked to challenges particular to the company. In the first JD-specific challenge is the company reported third-quarter revenue that missed the consensus estimate.
Jeep maker Stellantis is planning to lay off an unspecified number of workers at its U.S. factories in the coming months to deal with a rapidly changing global auto market, the company said Tuesday. The statement comes as the company faces increased capital spending to make the transition from gasoline vehicles to electric autos. It also has reported declining U.S. sales in the first quarter, and it has higher costs due to a new contract agreement reached last year with the United Auto Workers union.
European Union antitrust regulators are asking rivals and customers whether proposed acquisition of Telecom Italia's (TIM) fixed-line access network by U.S. investment firm KKR could hamper Italy's wholesale market, people familiar with the matter said on Tuesday. Such regulatory worries could lead to a lengthy investigation of the deal and put pressure on KKR to offer significant remedies. KKR is buying TIM's domestic network for up to 22 billion euros ($23.5 billion) in a deal that would make the Italian telecoms group the first in a major European country to divest its landline grid.
Press ReleaseBollène, April 23, 2024– 07:30pm (CET) Egide announces the rescheduling of the publication of its 2023 annual results and the cancellation of the April 26 SFAF meeting The Egide Group (Euronext Growth Paris™- ISIN: FR0000072373 - Mnemo: ALGID), worldwide provider of hermetic packages and heat dissipation solutions for sensitive electronic components, regrets to inform its investors that the meeting dedicated to the presentation of the Group's 2023 annual results, scheduled for Frida
The earnings avalanche continues after the market close, with Tesla (TSLA), Visa (V), and Mattel (MAT) all issuing their quarterly reports. Investors are keeping a close eye on Tesla, in particular. The EV maker has seen its stock slide 40% so far this year, with disappointing Q1 deliveries and price cuts taking a toll on the shares. For Mattel and Visa, Wall Street will be looking for signs that consumers may be starting to pull back on spending. Other trending tickers on Yahoo Finance include Spotify (SPOT), General Electric (GE), and JetBlue Airways (JBLU). Top guests today include: 3:05 p.m. ET - Phil Blancato, Osaic Chief Market Strategist & Ladenburg Asset Management CEO 3:35 p.m. ET - Veronica Clark, Citi Economist 4:10 p.m. ET - Craig Irwin, Roth MKM Senior Research Analyst 4:35 p.m. ET - Dave Liniger, RE/MAX co-founder
Stock Of The Day TransDigm neared a buy point as GE Aerospace soared on earnings. Both companies rely on aftermarket sales, booming amid Boeing woes.
NEW YORK, April 23, 2024--Optimum, the provider of advanced internet, mobile, TV, and phone services, today announces that its 100% Fiber Internet network has been recognized by Ookla® Speedtest® for delivering New York and New Jersey’s fastest and most reliable internet speeds.
Argentina's libertarian President Javier Milei is revving up his attack on the country's deep fiscal deficit, doubling down on "chainsaw" spending cuts and "blender" austerity that squeezes purchasing power - and he hopes brings down rampant inflation. The embattled country, facing drained central bank reserves and annual inflation nearing 300%, posted a third straight monthly fiscal surplus in March, a reflection of Milei's laser focus on cost-cutting since taking office in mid-December. "Zero deficit isn't just a marketing slogan for this government, it is a commandment," Milei said in a speech on Monday night, touting a rare first-quarter surplus that he said was last achieved in 2008.
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Injection Molding Market size & share revenue was valued at approximately USD 278.3 Billion in 2023 and is expected to reach USD 285.5 Billion in 2024 and is expected to reach around USD 431.6 Billion by 2033, at a CAGR of 5.1% between 2024 and 2033. The key market players listed in the report with their sales, revenues and strategies are Haitian International Holdin
Generation X are Key Travelers in Polar Travel Market, Contribute Over 48.9% Market RevenueNew Delhi, April 23, 2024 (GLOBE NEWSWIRE) -- According to Astute Analytica, the global polar travel market was valued at US$ 953.7 million in 2023 and is expected to reach US$ 2,300.8 million by 2032, at a CAGR of 10.28% during the forecast period 2024–2032. The polar travel market is experiencing a significant boom. Over 30 specialized expedition cruise vessels now traverse these regions, contributing to
The United Kingdom’s specialty malt market is expected to develop at a 3.3% CAGR, driven by the increasing popularity of beer and non-alcoholic malt beverages.NEWARK, Del , April 23, 2024 (GLOBE NEWSWIRE) -- The specialty malt market, encompassing caramel, roasted, and smoked malt, is set to be valued at US$ 3,102.40 million in 2024. It is projected to grow to US$ 4,250.30 million by 2034, with a compounded annual growth rate of 3.70%. This growth is attributed to the growing demand for specialt
Roadside Attractions has acquired “Exhibiting Forgiveness,” the directorial debut of artist Titus Kaphar that premiered at this year’s Sundance Film Festival. The drama, about an acclaimed painter whose life is upended by an unexpected visit from his estranged father, stars André Holland (“Moonlight”) and John Earl Jelks (“Miracle at St. Anna”), along with Oscar nominees …
The hybrid learning comes amid reports of antisemitic harassment around Columbia University.
NFL Network Insider Mike Garafolo on the Los Angeles Chargers' trade chances, they're "open to getting out of No. 5."
NFL Network Insider Ian Rapoport says he can't foresee the Arizona Cardinals trading down further than No. 6 pick.
OLDWICK, N.J., April 23, 2024--The April edition of Best’s Review includes the following exclusive rankings:
Disgraced sports doctor is now serving decades in prison for assaulting female athletes, including medal-winning Olympic gymnasts such as Simone Biles
The FTSE 100 index set a new intraday high this morning after recording an all-time record close last night. Today’s top performing London stocks are Primark owner AB Foods after a strong update and JD Sports Fashion following a US acquisition.
ARCUEIL, France, April 23, 2024--Regulatory News: BALYO (FR0013258399, Ticker: BALYO), technology leader in the design and development of innovative robotic solutions for industrial trucks, today announces its sales for the 1st quarter of 2024.
Recognition Provides Valuable Insights into Evolving Technological Trends Inbound Logistics Top 100 Logo NetLogistik Named Top Supply Chain IT Provider DENVER, April 23, 2024 (GLOBE NEWSWIRE) -- NetLogistik, the leader in powerful services that guide companies toward the digital transformation of the supply chain, announces the company has been selected as a Top 100 Logistics & Supply Chain Technology Provider for 2024 by Inbound Logistics magazine. NetLogistik was chosen for its implementation
GREENWICH, Conn., April 23, 2024 (GLOBE NEWSWIRE) -- Oxford Park Income Fund, Inc. (“Oxford Park”, “the Fund”, “our”) announced today the Net Asset Value (“NAV”) as of March 31, 2024 for Class A and Class I common shares outstanding, outlined below. Class A: Net asset value, per share$28.5949 Class I: Net asset value, per share$28.5900 The fair value of the Fund’s portfolio investments may be materially impacted after March 31, 2024 by circumstances and events that are not yet known. To the exte
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