Stock in giant U.K. homebuilder Persimmon tumbled on Tuesday after the FTSE 100 company posted a drop in sales, scrapped its dividend and gave a grim outlook for next year’s Read more
Tag: deteriorating
CSX, Norfolk Southern stocks sink to near 2-year lows after UBS downgrades, citing a ‘deteriorating’ outlook
Shares of CSX Corp. and Norfolk Southern Corp. both sank toward the lowest levels in nearly two years Tuesday, after UBS analyst Thomas Wadewitz backed away from his long-time bullish Read more