Today in tariffs: VW cuts guidance as LG Electronics profit falls on weak TV sales
A string of global companies, among them Volkswagen and LG Electronics, have been the latest to report back to investors…
Tag: profit
Puma shares plunge 18% after full-year sales, profit outlook cut on U.S. tariffs
Sign at the entrance to the Puma store in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty Images Puma shares…
Puma shares rocked by profit warning. Tariffs are the least of its problems.
Puma shares lost nearly a fifth of their value as the German apparel maker cited “muted brand momentum,” U.S. tariffs…
Volkswagen posts 29% drop in second-quarter profit as tariffs hit hard
A worker performs a final check on new Volkswagen ID.3 electric cars at the Volkswagen plant on May 14, 2025…
Imax Revenue, Profit Rise Amid Hollywood Theatrical Comeback
Hollywood’s box office recovery continues to underpin Imax, judging by the second-quarter financial results from the film technologies company released…
SK Hynix second-quarter revenue and profit hit record highs
The SK Hynix Inc. logo is displayed on a glass door at the company’s office in Seoul, South Korea, on…
General Motors reports a 35% profit drop as tariffs weigh on car industry | Automotive Industry News
GM’s profit tumble in second quarter comes a day after Jeep maker Stellantis says it expected a $2.7bn loss in…
General Motors absorbs $1.1 billion in tariff costs as profit tops estimates
Auto giant’s stock falls in premarket trading after it reveals $1.1 billion in tariff costs in the second quarter, despite…
TelevisaUnivision Cuts Expenses to Boost Q2 Profit Amid Revenue Dip
Spanish-language giant TelevisaUnivision said it had to rely on trimming expenses to boost second-quarter profit as the company faces a…
GM Profit Hurt by Tariffs, Bessent on Fed Renovations, More
Source: Bloomberg, 5:44 www.bloomberg.com #Profit #Hurt #Tariffs #Bessent #Fed #Renovations