Investing.com -- ADVFN, the London-listed stock and cryptocurrency information platform, saw its shares fall by 42% following a proposal to delist its shares from London’s AIM market and a report of a reduced pretax loss for the fiscal first half. The shares were seen down to 7.55 pence.Furthermore, ADVFN announced a pretax loss of £453,000 ($583,871) for the six months ending on December 31. T ...
Investing.com -- Sodexo (EPA:EXHO) faced renewed pressure as Barclays and HSBC downgraded the stock, raising concerns over growth prospects, contract retention, and profit margins. Barclays’ decision follows Goldman Sachs’ downgrade just a day earlier, downgrading the stock to "equal weight" rating from "overweight," and cutting its price target to €64 from €90.While HSBC we ...
Investing.com -- BLG Group, a leading logistics provider operating one of the globe’s most active automobile terminals at Germany’s Bremerhaven port, announced on Wednesday that it is preparing for a potential 15% decrease in traffic. This projection is in response to the anticipated 25% tariffs on U.S. auto imports, set to take effect from April 3.The company’s Chairman, Matthias Magnor, st ...
By Elizabeth HowcroftPARIS (Reuters) -Global stock markets fell on Thursday as shares in some of the world’s biggest carmakers tumbled after U.S. President Donald Trump announced new tariffs on auto imports.Trump announced 25% tariffs on all vehicles and foreign-made auto parts imported into the United States late on Wednesday, prompting heavy losses in Japanese and South Korean stocks in Asian ...