Tag: loss

Nidec posts unexpected quarterly loss, hit by restructuring costs

 stock analyst  04/23/2024  0 Comments on Nidec posts unexpected quarterly loss, hit by restructuring costs

TOKYO (Reuters) -Japanese electric motor maker Nidec on Tuesday posted an operating loss for the January to March quarter, hit by the costs of restructuring steps taken to deal with fierce price competition in China's electric vehicle market.

Bengaluru businessman loses Rs 5.2 crore to cyber crooks in stock market scam

 stock analyst  04/22/2024  0 Comments on Bengaluru businessman loses Rs 5.2 crore to cyber crooks in stock market scam

A Bengaluru businessman lost Rs 5.2 crore in a stock market scam after receiving a suspicious WhatsApp message.

EasyJet expects reduced first-half loss as summer demand accelerates, shares rise

 stock analyst  04/18/2024  0 Comments on EasyJet expects reduced first-half loss as summer demand accelerates, shares rise

EasyJet (ESYJY) shares added over 3% in London trading Thursday after the company said it expects a narrower headline pretax loss for the first half of 2024 amid growing demand for summer bookings.

US opens probe into 3,322 GM Cadillac Lyriq EVs over loss of brake assist

 stock analyst  04/15/2024  0 Comments on US opens probe into 3,322 GM Cadillac Lyriq EVs over loss of brake assist

The U.S. National Highway Traffic Safety Administration (NHTSA) said on Monday it has opened a preliminary evaluation to investigate claims related to loss of brake assist for 3,322 GM Cadillac Lyriq electric vehicles.