On Thursday, shares of Mitsubishi Motors were not traded as they were swamped with massive sell orders and were ready to hit a new record low after the automaker based in Japan admitted to manipulating data on fuel economy. The sixth largest Japanese automaker announced on Wednesday that it had manipulated the test data to […]
Corporate News – The Cerbat Gem
Showing posts with label Drop. Show all posts
Showing posts with label Drop. Show all posts
Sunday, February 26, 2017
Mitsubishi Motors Stock Ready to Drop to New Record Low
Wednesday, February 22, 2017
BMW Posts Drop in Profit As Prices Fall Due to Competition
BMW AG posted a drop in profit by 2.5% during its first quarter as prices of its cars fell amidst a battle with Germany luxury carmaker Mercedes Benz to keep its status as the biggest maker of luxury vehicles in the world. The price of vehicles made by BMW dropped by 5.9% to 33,700 euros […]
Corporate News – The Cerbat Gem
Sunday, February 19, 2017
J.C. Penney Stock Tanks on Unexpected Drop in Sales
Even the receive comeback retailer J.C. Penney was not spared from being slammed this spring by shoppers. The chain of department stores was the most recent to report weak comparable sales for the first quarter, posting a drop of 0.4%, while Wall Street was expecting an increase of much more or 3.3%. It is the […]
Corporate News – The Cerbat Gem
Tuesday, February 14, 2017
Dick’s Sporting Goods Sees Profit Drop 10%
Dick’s Sporting Goods posted strong growth in sales in its most recently ended quarter, but gave an assessment that was downbeat for the rest of the year as it is contending with closeout sales from its rivals. Sales at its existing stores moved up 0.5% in line with the forecast by the company and reversing […]
Corporate News – The Cerbat Gem
Subscribe to:
Posts (Atom)