Heineken shares fall 7% after first-half profit miss – CNBC
Operating profit showed organic growth of 12.5%, below the company’s consensus estimate of 13.2%. Beer sales were expected to grow 3.4% but actually increased just 2.1%. Heineken slumped to a net loss of 95 million euros ($103 million), mainly due to a non-cash impairment on its 874 million euro investment in Chinese brewer CR Beer. […]
Olivia Newton-John’s nephew shares never-before-seen clips of icon, full of ‘pure surprise’ and ‘joy’
Olivia Newton-John’s nephew, Emerson Newton-John, has released some previously unseen footage of his late aunt. The professional race car driver posted two clips from the unaired pilot episode of the TV series “Celebrity Car Crash.” His YouTube page Friday. “Despite her health rapidly declining due to cancer and lacking the strength she once had, we […]
Teen Allegedly Derails Train And Records, Shares Video
Authorities charged a Bennett, Nebraska, teenager on Wednesday with causing a train derailment in April while filming a YouTube video. BNSF Police investigators alleged in an affidavit that a 17-year-old male caused the accident, which involved two locomotives and five freight cars operated by BNSF Railway. Fox NebraskaThe derailment reportedly caused more than $150,000 in […]
Deckers shares soar after profit forecast hike on strong Hoka, UGG sales
Shares of Deckers Outdoor Inc. soared as much as 17% on Friday after several brokerages raised their price targets after the company bet on full-price sales of its best-selling Hoka running shoes and Ugg boots to boost its full-year profit forecast. Shares of clothing company Deckers Outdoor surged on Friday after the company raised its […]
Tesla Shares Plummet 12% as Q2 Earnings Miss Expectations amid Dismal EV Market
Elon Musk’s Tesla took a big hit, with its shares falling more than 12% in morning trading on Wednesday after reporting disappointing second-quarter results. CNBC Reports Tesla’s second-quarter earnings report shocked the investment community, sending the company’s shares plummeting more than 12% in morning trading Wednesday. The surprise drop came after the electric car maker […]
Disney Stock Takes a Dive, Billionaire Investor Unloads 26 Million Shares
Disney Grooming Syndicate’s stock, already struggling, has fallen sharply in recent months. In April, the stock price rose from $91 per share at the start of the year to $123. By early May, Disney Grooming Syndicate’s stock price had risen to $116. But all of that gain has been wiped out this year, and the […]
Tesla shares dip after lackluster earnings report
Tesla shares fell 12% on Wednesday after the electric car maker reported second-quarter profit that fell short of expectations. The company, led by billionaire tech mogul Elon Musk, made revenue of $25.5 billion in the three months from April to June, up 2% from the same period last year. But despite cost-cutting efforts, including widespread […]
Trump shares letter from Palestinian leader Mahmoud Abbas on assassination attempt – and his response
Donald Trump on Tuesday released a letter he received from Palestinian Authority President Mahmoud Abbas condemning the assassination attempt against the Republican presidential candidate. “Your Excellency,” began Abbas’s brief letter to the 78-year-old former president, “I have heard the news and subsequently seen the video of the assassination attempt on Your Excellency and am deeply […]
S&P 500 climbs for best day since early June as Nvidia shares lead tech turnaround – NBC News
of S&P 500 Stock indexes suffered their worst weekly drop since April but hit their highest close since June 5 on Monday as technology shares rebounded. The benchmark rose 1.08% to close at 5,564.41, its highest since June 5. Nasdaq Composite Index It rose 1.58% to close at 18,007.57. Dow Jones Industrial Average It rose […]
Mattel receives buyout offer from L Catterton, shares soar 20%
L Catterton, a private equity firm backed by luxury goods giant LVMH, has approached Mattel, the toy maker that makes Barbie and Hot Wheels, with a takeover bid, people familiar with the matter said on Monday. The move could encourage other potential bidders to consider making offers for Mattel, including rival Hasbro Inc. Hasbro has […]