On Wednesday, Siemens Energy warned of increased sales and margins pressure due to worsening problems at its wind turbine division Siemens Gamesa, which has been hit hard from supply chain disruptions. Results at Siemens Gamesa, which in January issued its third profit… Read More ›
profit warning
California court rules Nufarm’s glyphosate-based herbicide caused cancer
Given the widespread usage of glyphosate in agriculture, no wonder investors are jittery. Although Bayer-owned Monsanto has stood by its stance that its herbicide is safe for human use, in practice taken steps to reduce concentration levels of the chemical… Read More ›
Hedge funds take aim at Brexit-hit retailers
Political and economic uncertainties arising out of Brexit and May’s surprise snap elections are significantly contributing to falling sales for retailers in the UK. Britain’s inconclusive general elections along with its upcoming exit from the European Union has many hedge… Read More ›