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Philips swings to loss and cuts sales guidance

Royal Philips NV PHG, -0.05% PHIA, -9.54% on Monday reported a swing to a net loss for the second quarter, which it blamed on a number of...

July 25, 2022, 4:24 am

Philips misses q2 forecasts, cites supply chain issues and china lockdowns

Dutch medical equipment maker Philips on Monday reported a worse-than-expected drop in second-quarter core earnings to 216 million euros ($220 million...

July 25, 2022, 1:15 am

Rogers to invest c$10 billion in ai, testing after massive outage

Rogers Communications Inc said on Sunday it will invest C$10 billion ($7.74 billion) over the next three years in Artificial Intelligence (AI), and mo...

July 24, 2022, 3:47 pm

Dell is too cheap to ignore

Dell shares are trading at an extremely cheap valuation. I believe that this discount is due to a pullback in computer sales and supply chain issues....

July 22, 2022, 11:23 am

Boston beer lowered its outlook, yet again. stock is falling.

The brewer and seller of hard seltzer cited uncertain consumer demand and broader supply-chain issues....

July 22, 2022, 8:43 am

Anz banking group: cheap valuation makes up for gathering storm clouds

Australia & New Zealand Banking Group is one of the big four banks in the attractive Australian and New Zealand banking markets. Macro concerns are ri...

July 22, 2022, 6:04 am

Heliogen: i am still not sold on solar thermal after ivanpah

Heliogen is a company that is developing solar thermal energy generation applications. While certainly interesting as a renewable technology, the narr...

July 22, 2022, 4:58 am

Honda to cut output by up to 30% at japan plants on supply snag

Honda Motor Co said it would slash production by up to 30% in Japan next month against original plans due to persistent supply chain and logistical is...

July 22, 2022, 4:22 am

Nokia ceo: chip supply chain showing signs of improvement

Pekka Lundmark, CEO at Nokia, discusses the firm's Q2 figures, consumer demand for 5G and the supply chain iss...

July 21, 2022, 5:03 pm

Ford stock: why it has dropped this year and its future outlook

Ford has been troubled by recalls and other short-term issues which have damaged the share price. Ford ...

July 21, 2022, 12:13 pm

Electrolux profit misses forecast as supply chain issues weigh

Sweden's Electrolux reported on Thursday profits below expectations for the second quarter and said it had been impacted by significant supply chain c...

July 21, 2022, 2:10 am

Sturm, ruger & company: it might be time for firearms

I've written on the firearms company Sturm, Ruger & Company before, and given where the stock currently trades, I think it's time to look at the compa...

July 20, 2022, 6:05 am

Gm's south korea unit suspends production at two factories over procurement issues

General Motors Co's South Korea unit has suspended production at its two factories in the country following a local supplier's refusal to supply auto ...

July 20, 2022, 5:02 am

Apple agrees to pay $50 million to settle issues related to its 'butterfly' keyboards

Apple has agreed to pay $50 million to settle a class action lawsuit from customers who say they experienced failures related to the so-called "butter...

July 19, 2022, 6:14 pm

Ppg industries (ppg) to post q2 earnings: what's in the offing?

PPG Industries' (PPG) Q2 performance is likely to have benefited from cost actions and acquisitions. Raw material inflation and supply-chain...

July 19, 2022, 1:55 pm

High-yield dividend hasbro may have hit bottom

Hasbro (NASDAQ: HAS) is not immune to the issues plaguing the market today but it is outperforming what...

July 19, 2022, 11:18 am

Truck maker volvo profit grows more than expected despite supply chain issues

STOCKHOLM (Reuters) -Swedish truck maker AB Volvo posted on Tuesday a bigger rise than expected in second-quarter core earnings, and said it had succe...

July 19, 2022, 1:57 am

Starbucks ceo says more store closures are coming as he cites safety concerns and drug use: 'this is just the beginning'

The chain announced 16 store closures in major cities due to safety issues, but union organizers claim it's retaliation, which the company denies....

July 18, 2022, 3:51 pm

Energy storage will be a gamechanger for power grid issues

We believe lithium-ion and iron flow batteries are sound investments and will be the main players of the energy storage industry. The post Energy Stor...

July 18, 2022, 11:44 am

Exclusive: raytheon ceo greg hayes says supply chain issues will persist into 2023 or 2024

Greg Hayes, CEO of Raytheon Technologies, joins Worldwide Exchange to preview the Farnborough Air Show....

July 18, 2022, 7:32 am


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