Category: loss
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Ford stock dives 13% after larger-than-expected Q2 loss, warranty burden By Investing.com
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Ford Motor Company (NYSE: NYSE:) reported a big drop in second-quarter earnings, with adjusted earnings per share (EPS) of $0.47, missing analysts’ estimates of $0.68. The company’s fourth-quarter revenue was $47.8 billion, slightly below the consensus estimate of $48.09 billion. Second-quarter earnings before interest and taxes were $2.8 billion, also…
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Terra Community Must File Crypto Loss Claims Now
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The U.S. Bankruptcy Court for the District of Delaware has announced that stakeholders in Terraform Labs Pte. Ltd. (TFL) and Terraform Labs Limited (TLL) are required to file preliminary evidence of their cryptocurrency loss claims by August 21, 2024, at 5:00 p.m. (ET). This filing is critical for those planning…
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Vodafone books Sh5bn loss from M-Pesa cash firm sale
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British multinational Vodafone said it recorded a loss of €37 million (Sh5.1 billion) from the sale of the company that holds M-Pesa funds to Safaricom for a symbolic price of $1 (Sh128). The loss represents the transfer of a valuable subsidiary – M-Pesa Holding Company Limited – for almost nothing…
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Big real estate stocks kick off H2 with loss as state of the sector weighs on sentiment
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ArLawKa AungTun/iStock via Getty Images Large real estate stocks started the second half of 2024 with a marginal weekly loss despite optimism surrounding interest rate cuts, as the state of the sector weighed on sentiment. S&P 500 Index Advanced 1.95% From last week, with Labor market data supports the case…
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Justin Sun Potential $66 Million Loss Revealed As Ethereum Price Declines
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Simelor Valeti is a cryptocurrency writer who specializes in journalism and content creation. Although he started out writing on a variety of topics, Simelor quickly developed a knack for navigating the complexities and intricacies of the exciting world of blockchain and cryptocurrencies. Simelor is drawn to the efficiency of digital…
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Crude oil tallies Q2 loss but natural gas scores best quarter in two-and-a-half years
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Slavko Sereda/iStock via Getty Images Crude oil futures ended the week and month with gains as expectations for summer demand will continue to rise. Oil prices fell to multi-month lows in early June when OPEC+ said it would start easing production cuts after September, then Crude oil prices rose due…
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How the 4 Stages of Loss Apply in Trading
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Although losing trades is a natural part of the trading process, it is something that many traders – both beginners and professionals – struggle with. I think the main reason why losses are so difficult to deal with is not understanding their nature and impact on trading psychology rather than…
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Interactive Brokers reveals $48 million loss from NYSE glitch
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(Reuters) – Interactive Brokers on Wednesday disclosed a $48 million loss due to a New York Stock Exchange glitch earlier this month that at one point showed a 99% drop in the stock prices of some companies, including Warren Buffett’s Berkshire Hathaway. . Interactive said that the brokerage company submitted…
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Emma Bridgewater’s Pottery Empire Faces £1.4m Loss Amid Rising Costs
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Iconic British pottery designer Emma Bridgewater has announced a loss of nearly £1.4 million for her homewares brand, due to deep discounts and increased online competition. This contraction follows a £1.1m profit the previous year. The Stoke-on-Trent-based company, which Bridgewater founded herself, saw a 9% rise in sales to £36.2m…
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Novo’s Wegovy induces higher weight loss in women than men with same heart condition, study shows By Reuters
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Written by Jakob Gronholt Pedersen and Bhanvi Satya COPENHAGEN (Reuters) – An analysis of data from a study published in a medical journal showed that Novo Nordisk Inc’s (NYSE) popular obesity drug WiGovi helped women with common heart diseases lose more weight than men with the same condition. The trials…
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Dollar just lower; euro set for sharp weekly loss on political turmoil By Investing.com
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Investing.com – The US dollar fell slightly on Friday, while the euro also fell, heading for a sharp weekly loss amid political turmoil in the region. At 04:20 EDT (08:20 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down 0.1% at 105.125.…
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Largest Ethena (ENA) Staker Sells $14.1M in Tokens, Suffers $13M Loss
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ENA – the native token of Athena – has faced significant selling pressure in recent weeks. After a long period of falling prices, ENA fell to $0.73, marking its weakest price level since May 20. This in turn has led to huge losses for ENA participants. Loconchine open The largest…
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Largest Ethena (ENA) Staker Sells $14.1M in Tokens, Suffers $13M Loss
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ENA – the native token of Athena – has faced significant selling pressure in recent weeks. After a long period of falling prices, ENA fell to $0.73, marking its weakest price level since May 20. This in turn has led to huge losses for ENA participants. Loconchine open The largest…
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Largest Ethena (ENA) Staker Sells $14.1M in Tokens, Suffers $13M Loss
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ENA – the native token of Athena – has faced significant selling pressure in recent weeks. After a long period of falling prices, ENA fell to $0.73, marking its weakest price level since May 20. This in turn has led to huge losses for ENA participants. Loconchine open The largest…
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Meme Coin Attack Results in a $2M Loss, Exploiter Still Holds $1M Worth of Pepe’s Best Friend
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The popular on-chain investigator highlighted in his Telegram channel the latest fraudulent activity involving an early investor in the Solana-based meme coin – ANDY. It’s also worth noting that the price of Pepe’s best friend has dropped by over 20% in the past day alone. ZachXBT’s investigation into ANDY Drainer…
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Short-seller Andrew Left is betting against GameStop again, undaunted by his 100% loss last time
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Andrew Left, founder of Citron Research, is selling GameStop again, arguing that the stock is “overvalued” after its recent meteoric rise. The veteran short-seller got burned on his first bet against the stock traders’ favorite company in 2021, and eventually closed his short position at a 100% loss and stopped…
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Crypto Industry Suffers $385 Million Loss To Hackers
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In May, the cryptocurrency community suffered massive losses to hackers, resulting in the highest loss toll recorded in 2024 so far.. according to a report From blockchain security firm Peckshield, hackers were able to steal $385 million in May, highlighting the sophistication of these bad actors and the ongoing need…
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Crypto Industry Suffers $385 Million Loss To Hackers
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In May, the cryptocurrency community suffered massive losses to hackers, resulting in the highest loss toll recorded in 2024 so far.. according to a report From blockchain security firm Peckshield, hackers were able to steal $385 million in May, highlighting the sophistication of these bad actors and the ongoing need…
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S&P 500 marks a loss for holiday-shortened week, but finishes May with a win
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Standard & Poor’s 500 (SP500) on Friday decreased by 0.51% The week ended at 5277.51 points, recording losses in two out of four sessions in the week shortened by the Memorial Day holiday. The accompanying SPDR S&P 500 ETF (NYSEARCA: SPY) Precipitation 0.39%. In the holiday-shortened week, the benchmark index…
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Suning’s loss of Inter Milan caps China’s failure to dominate soccer
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About a decade ago, Xi Jinping, the Chinese president, I saw a dream: To transform the country into a global football power. This ambition was soon supported by work and money. Chinese companies have pumped money into the country’s local league, So attract Football stars based in Europe. Some companies…