Airline stocks tumble after Delta trims profit forecast

[ad_1] Delta Air Lines shares slipped about 8% Friday after the company trimmed its 2024 earnings forecast.  Delta forecast full-year earnings per share of $6 to $7, below its previous…

Discovery Behavioral Health Trims Residential Care To Shift Business Strategy

[ad_1] Discovery Behavioral Health has consolidated or closed around 14 to 16 locations as part of a retooling of the company in the face of severe market pressures. The provider…

Dutch group Prosus trims Tencent stake again with stock near 2023 lows

[ad_1] Dutch group Prosus NV sold another piece of its US$93 billion stake in Tencent Holdings to help fund its own stock buy-back in Amsterdam, pressuring the WeChat operator’s stock…

Lombard Odier Asset Management Switzerland SA Trims Stock Position in American Express (NYSE:AXP)

[ad_1] Lombard Odier Asset Management Switzerland SA lessened its holdings in American Express (NYSE:AXP) by 89.0% during the 2nd quarter, according to its most recent disclosure with the Securities and…

Live news: Rivian raises production forecast and trims losses

[ad_1] Rivian plans to make an additional 2,000 vehicles this year, while cutting its full-year projection for adjusted losses to $4bn. The California carmaker said it would make 54,000 trucks…

Bursa Malaysia trims IPO target to 31 for 2023

[ad_1] PETALING JAYA: Lower-than-expected LEAP Market listings has led Bursa Malaysia Bhd to cut its initial public offering (IPO) target for 2023 by one-fifth, despite only reaffirming the initial target…

American Airlines posts third-quarter loss and trims 2023 profit forecast

[ad_1] Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023.  JanValls | Nurphoto | Getty Images American Airlines posted a third-quarter…

Citigroup (C) Realigns Corporate Structure, Trims Management Layers

[ad_1] Citigroup Inc. C announced an organizational restructuring to simplify and eliminate extra management layers. This will make the decision-making process swifter, drive increased accountability and enhance the focus on clients.…

Canada’s largest pension fund trims staff as it puts China deals on hold

[ad_1] The Chinese national flag is seen in front of the financial district Central on the Chinese National Day in Hong Kong, China October 1, 2022. REUTERS/Tyrone Siu/File Photo Acquire…

Canada’s largest pension fund trims staff as it puts China deals on hold – sources

[ad_1] HONG KONG : CPP Investments, Canada’s biggest pension fund, has laid off at least five investment professionals at its Hong Kong office as it steps back from deals in…