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Tesla expected to post lower profit margin amid doubts on growth, product strategy - Vimarsana News

Tesla expected to post lower profit margin amid doubts on growth, product strategy

By Hyunjoo Jin and Akash Sriram (Reuters) - Tesla is expected to report its lowest gross profit margin in more than six years on Tuesday after a chaotic week that included major layoffs, vehicle price cuts and urgent calls by investors for clarity ...

Source: wkzo.com
Novartis Raises Guidance on Profit, Sales Growth -- Update - Vimarsana News

Novartis Raises Guidance on Profit, Sales Growth -- Update

By Helena Smolak Novartis lifted its full-year guidance after first-quarter profit and sales rose and beat consensus expectations, boosted by strong sales of key drugs. The Swiss...

Gucci Owner Kering Expects Sharp Drop in Operating Profit After China Weighs on Sales -- 2nd Update - Vimarsana News

Gucci Owner Kering Expects Sharp Drop in Operating Profit After China Weighs on Sales -- 2nd Update

By Andrea Figueras Kering expects sharply lower operating profit in the first half after sales slumped in the first three months as the company grapples with sluggish demand, particularly in...

Kering Expects Sharp Drop in Operating Profit After Gucci Sales Tumble in China -- Update - Vimarsana News

Kering Expects Sharp Drop in Operating Profit After Gucci Sales Tumble in China -- Update

By Andrea Figueras Kering expects sharply lower operating profit in the first half after sales slumped in the first three months and the company grapples with sluggish demand, particularly in...

Tesla shares rise ahead of quarterly results - Vimarsana News

Tesla shares rise ahead of quarterly results

:Shares of Tesla gained on Tuesday ahead of the electric car maker's first-quarter results, with analysts expecting its lowest gross profit margin in more than six years due to price cuts and slowing demand.The stock rose 2.9 per cent to $146.19 ahead of the report, due after the closing bell.Tesla als