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Melrose warns of £200m hit from pratt & whitney engine issue

Melrose cautioned that problems revealed yesterday by US aero engine maker Pratt & Whitney's subsidiary Raytheon (RTX) might cost it as much as £200 ...

September 12, 2023, 6:36 am

Docgo: preventing onboarding problem from turning into a crisis (rating downgrade)

DocGo was rewarded a no-bid contract by the NYC to provide medical care for the migrants, but this large contract is facing the risk of being revoked ...

September 11, 2023, 10:36 pm

Esg wars: dominion takes a punt on offshore wind as enbridge piles up debt on risky gas bet

Dominion Energy reached a deal to sell its natural gas utility business to Enbridge for $14 billion. Dominion also is planning on investing $10 billio...

September 11, 2023, 12:59 pm

Kre: sorry, it's still too soon to buy bank stocks

Banks continue to face challenges and headwinds despite solid revenue and profit growth in the second quarter. Problems in the industry, such as decli...

September 11, 2023, 12:26 pm

Why rtx stock is falling today

RTX said it will take a massive charge due to a previously disclosed problem with one of its mainstay a...

September 11, 2023, 11:49 am

Rtx stock falls on $3bn warning as airbus engine problem is worked on

Shares in RTX Corp (Raytheon Technologies Corp (NYSE:RTX)), the aerospace engineer formerly known as Raytheon, tumbled more than 6% in Monday's early ...

September 11, 2023, 10:03 am

Rtx to take $3 billion charge on pratt & whitney engine problem

The issue is forcing inspections on hundreds of Pratt & Whitney GTF engines ahead of schedule....

September 11, 2023, 8:46 am

Railroad inspectors find alarming safety defects on union pacific locomotives, railcars

OMAHA, Neb. — Federal inspectors said they found an alarming number of defects in the locomotives and railcars Union Pacific was using at the world'...

September 10, 2023, 3:24 pm

This high-yield stock is cutting its dividend -- here is a company that won't

Medical Properties Trust recently cut its dividend due to its financial problems. Medtronic's business is strong enough to handle economic issues, mak...

September 9, 2023, 7:59 am

3 tech stocks to sell in september before they crash & burn

Tech stocks have had a solid 2023, with the large-cap firms putting in especially strong numbers year-to-date (YTD). However, there are problems on th...

September 8, 2023, 4:30 pm

Block's shares sink after square, cash app outage

Shares of Block, Inc. (SQ) tumbled after its Square and Cash App payment systems crashed Thursday, although the problems were apparently worked out by...

September 8, 2023, 4:20 pm

Chinese yuan falls to year’s low

Why is the yuan falling? → Strong US dollar. Yesterday it became known that the number of applications for unemployment benefits in the US amounted ...

September 8, 2023, 8:21 am

Lululemon stock is up nearly 30% in the last year -- is it too late to buy?

Lululemon had another knockout quarter, and once again raised full-year 2023 financial guidance. Shares trade for a high premium, though, and slowing ...

September 8, 2023, 7:38 am

Boeing will meet 737 delivery goal despite new production problem -cfo

Boeing is set to meet targets to deliver at least 400 narrowbody 737s this year, its chief financial officer said on Thursday, despite a recently disc...

September 7, 2023, 9:56 am

Walmart, apple, and microsoft: three strategy lessons for supply chain leaders

Lessons from Walmart, Apple, Microsoft. 1) Digitization for Customer Problem-Solving, 2) Regionalization for Resilience, 3) Talent Transformation for ...

September 7, 2023, 9:02 am

Itb: the hidden supply of housing could be a problem for homebuilders

Baby boomers and empty nesters are downsizing and planning to sell their homes to supplement retirement funds. This "hidden supply" of homes not yet l...

September 7, 2023, 12:35 am

Iteris: underappreciated opportunity with huge upside potential in the long term

Iteris faced several supply chain issues in F2023 which cause the stock to drop significantly from its 2021-highs. These problems are now solved, and ...

September 7, 2023, 12:12 am

Memory turns around in q3 but inventories excluding memory and ai remain high

Global memory and AI chipmakers are experiencing an end to the supply surplus for semiconductors. Excessive capex spending in memory chips has led to ...

September 6, 2023, 1:14 pm

Nike: turnaround is expected with a strong brand equity

Nike is the most valuable apparel brand, with a brand value of over $30 billion and a market share of 38.23%. Nike faced inventory challenges during t...

September 5, 2023, 8:56 pm

Forget about bitcoin: this startup will pay for your spare gpu power to train ai in an open source network

The main problem with the cloud market, according to Akash, is that it’s dominated by a monopoly of f...

September 5, 2023, 8:14 pm


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