Shares of Target Corp. TGT, +3.95% tumbled 14.0% in premarket trading Wednesday, after the discount broadline retailer reported fiscal third-quarter profit that was well below expectations even as revenue beat, Read more
Tag: tumbles
Disney stock tumbles toward worst day since 2001 after ‘massive earnings downgrade’
Walt Disney Co. has a profit problem, and that’s helping to send shares of the media giant toward their worst daily performance in more than two decades. Though Disney DIS, Read more
AMC stock tumbles after reporting 12th consecutive quarterly loss
AMC Entertainment Holdings Inc. reported its 12th consecutive quarterly loss and revenue that topped analysts’ estimates after market close on Tuesday, sending shares lower in after-hours trading. The movie-theater chain Read more
Rate squeeze: Commercial-property CLO issuance tumbles 80% from peak
Issuance of a newer breed of real estate bonds designed to finance riskier commercial properties for short stretches has tumbled 80% from a $16.5 billion first-quarter peak, according to DRBS Read more
Twilio’s stock tumbles as quarterly loss, outlook spook investors
Shares of Twilio Inc. tumbled as much as 17% in extended trading Thursday after the customer-engagement technology company reported mixed fiscal third-quarter results that met Wall Street analysts’ forecasts, but a Read more
Estee Lauder stock tumbles more than 11% after profit beat expectations, but outlook was well below
Shares of Estee Lauder Cos. EL, +3.13% tumbled 11.1% toward a 2 1/2-year low, after the beauty products company fiscal first-quarter profit that topped expectations while sales matched, but provided Read more
The Dow soars, Big Tech tumbles: What’s next for stocks as investors await Fed guidance
The past week offered a tale of two markets, with gains for the Dow Jones Industrial Average putting the blue-chip gauge on track for its best October on record while Read more
Lloyds Banking Group profit tumbles 26% over amid impairment charge, challenging economy
Lloyds Banking Group PLC on Thursday reported a 26% fall in third-quarter pretax profit after booking an impairment charge due to the weakening economic outlook, but raised its interest margin Read more
HSBC Holdings profit tumbles 46%, amid impairment charges, more provisions for bad loans
HSBC Holdings PLC’s third-quarter net profit slid 46% from a year earlier as the bank booked impairment charges for the disposal of its retail-banking operations in France and a rise Read more
HSBC Holdings profit tumbles 46%, amid impairment charges, more provisions for bad loans
HSBC Holdings PLC’s third-quarter net profit slid 46% from a year earlier as the bank booked impairment charges for the disposal of its retail-banking operations in France and a rise Read more