BofA cuts home price growth to 0% for next 2-3 years, but still sees no major distress unfolding
admin Record low affordability and a dearth of houses to buy have credit analysts at BofA…
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Goldman cuts expectations for S&P 500 profit growth through 2024
A team of equity analysts at Goldman Sachs Group GS, +0.75% cut their expectations for…
Read MoreFoxconn Cuts Fourth-Quarter Outlook as Covid Hits Ops in Zhengzhou
By Kosaku Narioka Foxconn Technology Group said Monday that it is revising down its outlook…
Read MoreEDF cuts nuclear-output outlook again following workers’ strikes
Electricite de France SA expects recent strike action and maintenance work at some of its…
Read MoreModerna stock falls after earnings miss by a wide margin and company cuts sales outlook by up to $3 billion
Moderna Inc. shares moved lower Thursday, after the COVID vaccine maker posted far weaker-than-expected third-quarter…
Read MoreLyft lays off 13% of workers in second round of cuts this year, maintains financial guidance
Lyft Inc. is laying off 13% of its workforce, which amounts to 683 jobs, in…
Read MoreFresenius Cuts 2022 Views on Worse Outlook for FMC; 3Q Earnings Fell Sharply
By Joshua Kirby Fresenius SE & Co. KGaA has again cut its guidance for the…
Read MoreGlencore Reports Production Falls in Most Commodities for Year to Date, Cuts 2022 Some Guidance
By Ian Walker Glencore PLC on Friday reported falls in year-to-date production for most commodities…
Read MoreIntel stock rises as earnings, PC-chip sales come in ahead of Street view, and billions in cost cuts planned
Intel Corp. shares surged Thursday after the chip maker topped Wall Street earnings estimates for…
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Some Republican senators are talking openly about Social Security cuts
If the Republican-controlled Congress comes for your Social Security benefits in the next few years,…
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