Category: increasingly
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Wall Street analysts increasingly bullish on Nio stock after a 50% YTD drop By Investing.com
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Investing.com – Despite NIO Inc (NYSE:) (HK:) seeing a sharp 50% decline since the beginning of the year, Wall Street analysts are increasingly optimistic about the company’s future prospects. Both Jefferies and Citi Research expressed confidence in Nio’s ability to recover, pointing to a series of upcoming catalysts that could…
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Directors increasingly involved in operations as trust in executive teams wanes
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The previously clear boundaries between non-executive directors and senior management have become increasingly blurred, with a significant number of business leaders reporting a lack of full confidence in their executive teams to manage operations effectively. More than a fifth of managers surveyed, including those from FTSE 350 companies, expressed concerns…
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Walgreens CEO calls consumers ‘increasingly selective and price-sensitive’ as retailer cuts profit outlook
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Walgreens’ (WBA) quarterly results are the latest sign that U.S. consumers are under increasing pressure. Shares of Walgreens Boots Alliance fell 24% on Thursday after the retail pharmacy chain cut its full-year guidance due to challenging pharmacy industry trends and a “worse-than-expected” consumer environment, with management citing a “sustained decline”…