Hi, MarketWatchers. Don’t miss these top stories. ‘No wonder consumer confidence has been falling’: Women’s financial well-being sinks to five-year low, study finds Only 14% of women say they’re prepared Read more
Tag: sinks
U.S. trade deficit in goods sinks 9.7% in July, inventories rise
WASHINGTON (MarketWatch) – An early look at U.S. trade patterns in July showed a 9.7% decline in the nation’s trade deficit. The trade gap in goods – services are excluded Read more
Target stock sinks after big profit miss, as higher markdowns lead to lower gross margins
Shares of Target Corp. TGT, +4.57% slumped 2.3% in premarket trading Wednesday, after the discount retailer reported fiscal second-quarter profit that fell well short of expectations, as higher markdown rates Read more
BioNTech stock sinks more than 8% after profit, revenue fall below expectations
The U.S.-listed shares of Germany-based BioNTech SE BNTX, +1.48% sank 8.2% in premarket trading Monday, after the biotechnology company and Pfizer Inc. PFE, -1.18% partner in developing a COVID-19 vaccine Read more
Shopify stock sinks amid layoff plan as CEO admits, ‘I got this wrong’
At the height of the COVID-19 crisis, many companies tethered to online spending predicted that the pandemic would permanently alter the trajectory of e-commerce growth for the better as people Read more
Walmart stock sinks after warning of inflation’s effects on earnings
Shares of Walmart Inc. sank 8% in after-hours trading Monday after the retail giant lowered its profit forecast, disclosing that inflation has required the company to conduct more markdowns. The Read more
Walmart stock sinks after warning of inflation’s effects on earnings
Shares of Walmart Inc. sank 8% in after-hours trading Monday after the retail giant lowered its profit forecast, disclosing that inflation has required the company to conduct more markdowns. The Read more
U.S. budget deficit in June sinks 49% to $89 billion
The numbers: The U.S. budget deficit shrank 49% to $89 billion in June from $174 billion a year earlier, reflecting the end of Covid-relief spending and an increase in tax revenue. Read more