Vestas Shares Slump After Profit Guidance Trimmed — Update
Shares in Vestas Wind Systems plunged more than 10% Tuesday after the company said its profit margin would come in at the lower end of its guidance range this year on higher costs and warranty ...
Thomson Reuters 3Q Profit Slides as Investments Costs Increase
Revenues rose 8% to $1.72 billion. Analysts expected a rise to $1.7 billion. Thomson Reuters credits the rise to growth in recurring and transactions revenues, while acquisitions had a 1% positive ...
Ferrari Defies Wider Auto Industry Malaise With Higher Sales, Earnings
Adjusted earnings before interest and taxes--one of Ferrari's preferred measures of profitability--increased to 467 million euros from 423 million euros, generating a 28.4% margin. Meanwhile, adjusted ...
Schroders shares tumble after fund manager reports outflows
Shares of U.K. fund manager Schroders (UK:SDR) dropped as much as 14% after it reported outflows of GBP2.3 billion ($3 billion) in the third quarter. The firm cited "continued market volatility in ...
Fast food restaurants are charging 77% more for this breakfast item than they did 5 years ago. Here's why.
A newly released study from the personal-finance site FinanceBuzz found that breakfast menu-item prices at 10 of the most popular fast-food chains have increased by 53% since 2019. And in some cases, ...