German Manager Magazine: Stellantis shares collapse: Opel parent shocks the stock market with profit warning003604

The car company Stellantis is slashing its profit expectations for this year due to problems in the North American market and the weak industry situation. CEO Carlos Tavares (66) now only expects an operating profit margin of 5.5 to 7.0 percent adjusted for special effects, as Stellantis announced in Amsterdam. So far there should be… Continue reading German Manager Magazine: Stellantis shares collapse: Opel parent shocks the stock market with profit warning003604

German Manager Magazine: Stock market: Dax in the red, Volkswagen and Stellantis with losses, Baywa shares with price jump003605

After the latest rally on Monday, the Dax took a break. Since the mixed specifications from overseas did not provide any tailwind, the leading German index recently fell by 0.5 percent to 19,380 points. The MDax of medium-sized companies lost 0.23 percent to 27,147 points. The Eurozone leading index EuroStoxx 50 fell by around 0.3… Continue reading German Manager Magazine: Stock market: Dax in the red, Volkswagen and Stellantis with losses, Baywa shares with price jump003605

German Manager Magazine: DAX record despite recession: How economic crisis and stock market rally fit together003604

A brief overview of the weather situation: This is what the leading economic institutes expect for Germany second year of recession in a row. The economy will continue to shrink in 2024 and only grow hesitantly in 2025, according to the researchers. Unemployment is increasing again, also because of tough austerity programs many corporations. The… Continue reading German Manager Magazine: DAX record despite recession: How economic crisis and stock market rally fit together003604