Investing.com -- The Jungheinrich share price plunged more than 15% on Thursday after the German warehouse equipment maker cut its 2025 guidance and unveiled a restructuring plan aimed at shoring up competitiveness in a weakening European market.
Jefferies analysts noted that order intake, revenue, and EBIT were all revised lower.
“The new guidance for 2025 leads to cuts at order intake of 3%, at revenues of 2% and at reported EBIT of 32% at midpoint,” they wrote,... (continue reading...)
WASHINGTON (Reuters) -U.S. import prices rebounded marginally in June amid cheaper energy products, but higher costs for consumer goods were consistent with a tariff-driven increase in inflation.
Import prices increased 0.1% last month after a downwardly revised 0.4% decline in May, the Labor Department's Bureau of Labor Statistics said on Thursday. Economists polled by Reuters had forecast import prices, which exclude tariffs, would rise 0.3% after a... (continue reading...)
Investing.com -- The Trump-backed World Liberty Financial token ($WLFI) could surge to as much as $1.50 when it becomes tradable, according to Bitrue research analyst Andri Fauzan Adziima. However, he warned that the rally may not last.
“WLFI could skyrocket to $0.50–$1.50 on its mid-2025 listing, driven by Trump’s hype machine and retail FOMO, amplified by X posts calling it ‘patriot crypto’ in a bullish market,” Adziima told Investing.com.
“But without a solid DeFi... (continue reading...)
Investing.com -- Bank of America (BofA) expects Boeing’s aircraft deliveries and production to remain stable following a solid second quarter, supported by improving activity in China and a steady ramp-up of the company’s key programs.
Data from Aero Analysis Partners (AAP) shows Boeing (NYSE: BA) delivered 10 737 aircraft by mid-July. While the number may appear low, it reflects a typical monthly pattern where shipments accelerate in the second half, BofA analysts... (continue reading...)
Investing.com -- Jefferies downgraded both Shake Shack (NYSE: SHAK) and Starbucks (NASDAQ: SBUX) to Underperform in separate notes Thursday, citing stretched valuations, overly optimistic investor expectations, and a lack of near-term fundamental improvement.
On Shake Shack, Jefferies argued that the stock’s rally to all-time highs has “more than reflected” optimism around near-term same-store sales (SSS) recovery and menu innovation.
“Although we acknowledge tangible... (continue reading...)
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