New orders in Germany’s manufacturing sector fell sharply and by more than forecast in September reflecting weakening external demand for goods in a context of rising input costs and high Read more
Tag: biggerthanexpected
German factory orders fall a bigger-than-expected 4% in September
New orders in Germany’s manufacturing sector fell sharply and by more than forecast in September reflecting weakening external demand for goods in a context of rising input costs and high Read more
Philips to cut 4,000 jobs ‘immediately’ after bigger-than-expected loss
Royal Philips NL, +3.00% PHIA, -2.66% on Monday said it will “immediately” cut 4,000 jobs after reporting a bigger-than-expected loss on Monday. Roy Jakobs, chief executive officer, announced the layoffs Read more
Rite Aid stock slides 11% premarket after company posts bigger-than-expected Q2 loss
Rite Aid Corp. stock RAD, +7.16% slid 11% in premarket trade Thursday, after the pharmacy retail chain posted a wider-than-expected loss for its fiscal second quarter as it booked goodwill Read more
Stitch Fix slides after bigger-than-expected loss, weaker outlook, drop in active clients
Stitch Fix on Tuesday reported fiscal fourth-quarter results that missed expectations amid a decrease in customers, and forecast further sales declines in the first quarter, sending shares lower in after-hours Read more
Vestas posts bigger-than-expected loss, but backs guidance
Vestas Wind Systems AS on Wednesday posted a bigger-than-expected second-quarter net loss as a delayed U.K. offshore project hit turbine deliveries while supply-chain disruptions and cost inflation weighed on earnings. Read more