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Weak April sales hit most top Indian carmakers as demand cools

Weak April sales hit most top Indian carmakers as demand cools

(Reuters) -Three of India’s top four carmakers reported weak sales to dealers in April, company data showed on Thursday, as buyers delayed purchases amid concerns about slowing economic growth. Market leader Maruti Suzuki posted a marginal 0.6% year-on-year rise, while Hyundai Motor (OTC:HYMTF) India and Tata Motors (NYSE:TTM) clocked declines of 11.6% and 5.1%, respectively. Mahindra & M ...

2025-05-01 22:22:22
Medical device maker Becton Dickinson cuts 2025 profit forecast on potential tariff hit

Medical device maker Becton Dickinson cuts 2025 profit forecast on potential tariff hit

(Reuters) -Medical device maker Becton Dickinson (NYSE:BDX) lowered its annual profit forecast on Thursday, in anticipation of a potential hit from U.S. President Donald Trump’s tariffs, sending its shares down 5% in premarket trading. The manufacturer and distributor of medical and surgical products also said it intends to invest $2.5 billion in U.S. manufacturing capacity over the next 5 years ...

2025-05-01 22:21:24
Meta, Microsoft and Tesla rise premarket; Apple, McDonald’s fall

Meta, Microsoft and Tesla rise premarket; Apple, McDonald’s fall

Investing.com -- U.S. stock futures rose Thursday, as investors digested more corporate earnings, in particular from Big Tech giants. Here are some of the biggest premarket U.S. stock movers today:Meta Platforms (NASDAQ:META) stock climbed 6.2% after the Facebook and Instagram parent reported better-than-expected first-quarter results and upbeat guidance that pointed to increased spending on artif ...

2025-05-01 22:20:24
Citi upgrades Burberry to “buy,” sees value in brand reset and U.S. growth

Citi upgrades Burberry to “buy,” sees value in brand reset and U.S. growth

Investing.com -- Citi Research in a note dated Thursday has upgraded Burberry Group Plc (LON:BRBY) to “buy” from “neutral,” citing improving brand momentum and growth potential in the United States. The brokerage set a new price target of £9.25, down slightly from £9.80, implying a total return of 28.7% including dividends.The decision follows signs that Burberry’s “Burberry F ...

2025-05-01 22:19:21