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Mercedes Slumps After Warning China Rout Is Hurting Profits
Mercedes-Benz Group AG Chief Executive Officer Ola Källenius pledged he’ll do whatever it takes to bolster returns after the luxury-car maker warned on profit over sluggish sales in China.
Mercedes, BMW Flash Warning Lights on China
Top-end German carmakers have joined expensive French handbags among the products hit by weak consumer sentiment in the country.
Mercedes’ China motor hits one of two roadblocks
Mercedes-Benz’s all-important China motor is sputtering. The $64 billion luxury carmaker warned of collapsing earnings and free cash flow this year, as a real estate bust in the People’s Republic means less demand for upmarket rides.
Mercedes-Benz shares fall after profit warning
Chief executive Ola Källenius told analysts on Friday that the company’s issues stemmed “mainly [from] China” but added that in other markets, such as Europe, Mercedes-Benz was also still feeling “the [impact] of higher interest rates”.
Mercedes-Benz cuts guidance on slump in China’s economy
Mercedes-Benz Group shares fell 8% on Friday after the German carmaker made another cut to its full-year guidance, citing a slowdown in car sales caused by a slump in China’s economy. The Stuttgart company said the cut to its outlook,
Mercedes-Benz cuts margin outlook on weak Chinese market, shares fall
Mercedes-Benz cut its full-year profit margin target for the second time in less than two months, hitting European auto stocks as it joined a growing number of rivals that are blaming a weakening Chinese car market,
Live news: Mercedes-Benz lowers full-year outlook on China’s economic ‘deterioration’
Mercedes-Benz lowered its full-year earnings outlook, blaming the weaker projections on China’s worsening macroeconomic conditions. The company on Thursday said its car division now anticipated the return on sales to be in the range of 7.
11h
FedEx Slumps as Lowered Outlook Offers Warning Sign for Economy
FedEx Corp. warned its business would slow in the year ahead and reported a worse-than-expected quarterly profit in an ominous sign about the direction of the US economy.
1d
FedEx Slumps as Lowered Outlook Offers Economic Warning Sign
FedEx Corp. said its business would slow in the year ahead and reported a worse-than-expected quarterly profit in a warning ...
Opinion
Mediaite on MSN
7h
Opinion
Gallup’s Latest Poll on Harris vs. Trump’s Favorability Is a Flashing Red Warning Sign For Harris’s Media Strategy
AP Photo/Rebecca Droke Gallup, one of the country’s most respected polling firms, gave Vice President Kamala Harris some very ...
7d
on MSN
What warning labels could look like on your favorite foods
As the FDA considers new food labels, experts say the government is not doing enough to protect Americans amid exploding ...
5d
RH Shares Have Popped, but There Are Warning Signs for Investors
Gross margins fell 230 basis points to 45.2%, and adjusted operating margins plunged from 20.2% to 11.7%. This is the first ...
5d
The warning sign on your skin that could mean autumn could be devastating for your health
As the temperatures start to drop and the days become shorter, many of us are starting to prepare for the winter months.
4d
A top poll showing Trump narrowly ahead in Iowa is a warning sign for his campaign
A new Des Moines Register/Mediacom Iowa poll has some findings that should give Trump some pause, as his struggles are about ...
1d
HMRC warning as you need to sign this document now to avoid 25% Labour tax raid
Mark Routen, head of Tax at Hoxton Wealth, has issued a warning that Chancellor Rachel Reeves is likely eyeing up hikes to ...
4d
5 warning signs of a bad annuity
If you notice that the annuity you’re looking to purchase has a surrender charge period longer than 8 to 10 years, or a fee ...
YourTango
3d
Witch Shares The 6 Warning Signs Someone Is Not Meant To Be In Your Life
It can be positive to share your goals with those you trust, but be wary of oversharing with those who may interfere with or ...
20h
In a warning sign for Trump, voters are split on who would do a better job on the economy in latest AP-NORC poll
In a warning sign for Trump, voters are split on who would do a better job on the economy in latest AP-NORC poll ...
7h
Democrats privately worry the Teamsters non-endorsement is a warning sign
Harris still has work to do to win over older, white, working-class voters who make up a large portion of the electorate in ...
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