Panasonic said on Monday its operating profit for the April-December period dropped 18% on lower sales in China but it left its full-year forecast intact despite the deadly coronavirus outbreak. The Japanese consumer electronics giant said its nine-month sales fell 5.4% to 5.76 trillion yen ($53.04 billion) as the weakness of the Chinese market also […]
Tag: corporate profits
Posted inUncategorized
Something strange is happening with US corporate profits
Posted inUncategorized
S&P 500 profit growth has likely peaked: Goldman Sachs
Posted inChina, Shanghai
The fragile US stock market
Posted inUncategorized
Broad US market index gains despite tech stocks’ plunge
Posted inUncategorized