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07.10.25 - 13:24
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ROUNDUP: McCormick Trims FY25 Adj. EPS Outlook (AFX)
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WASHINGTON (dpa-AFX) - While reporting financial results for the third quarter on Tuesday, McCormick & Co., Inc. (MKC) trims its earnings and adjusted earnings guidance for the full-year 2025, whi......
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26.06.25 - 13:30
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ROUNDUP: McCormick Reaffirms FY25 Outlook (AFX)
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WASHINGTON (dpa-AFX) - While reporting financial results for the second quarter on Thursday, McCormick & Co., Inc. (MKC) reaffirmed its earnings, adjusted earnings and net sales growth for the ful......
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03.12.24 - 18:21
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Tesla′s China Sales Fall 4.3% In November As BYD Sales Surge (ZeroHedge)
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Tesla's China Sales Fall 4.3% In November As BYD Sales Surge
Just hours after Delaware Chancery Court Judge Kathaleen McCormick ruled against Elon Musk's record (but "deeply flawed" according to her) $56 billion performance-based compensation package, Tesla reported sales numbers out of China that didn't offer any respite for its stock.
According to the China Passenger Car Association (CPCA), Tesla's sales of China-made electric vehicles fell 4.3% year-on-year to 78,856 in November, Yahoo/Reuters reported.
Sequentially, Model 3 and Model Y vehicles saw a 15.5% increase from the month prior, but it wasn't enough to show YOY growth for the automaker.
Tesla introduced a limited-time 10,000 yuan ($1,375.89) loan discount on its Model Y in China, aiming to stay competitive as BYD's aggressive price cuts gain traction.
The report added that Chinese automaker BYD set a new monthly sales record in November, with a 67.2% year-over-year increase, delivering 504,003 passenger vehicles from i...
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