Finance News – Tariff Costs
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Tapestry Stock Slumps as Coach, Kate Spade Parent Cuts Outlook on Tariff Costs
The company's shares declined following a revised earnings forecast that reflected increased expenses linked to import duties, impacting overall profitability expectations for the...
Read Full Article →U.S. consumers will take most of the hit from tariff costs: Goldman Sachs
According to analysts, American households are expected to bear nearly two-thirds of the expenses associated with tariffs, impacting their overall spending and financial decisions.
Read Full Article →Premarket: S&P, Nasdaq futures edge up amid earnings, UnitedHealth pressures Dow
Global stock futures showed modest gains before the market opened, influenced by corporate earnings reports and healthcare sector developments, while concerns over tariffs contribu...
Read Full Article →General Motors absorbs $1.1 billion in tariff costs as profit tops estimates
General Motors faced substantial expenses related to tariffs totaling $1.1 billion in the second quarter, which impacted investor sentiment despite the company exceeding profit exp...
Read Full Article →3M’s stock leaps toward a 4-year high as lower tariff costs boost profit outlook
3M's shares rose significantly, driven by improved profit expectations resulting from reduced tariff expenses, marking the highest stock level the company has reached in nearly fou...
Read Full Article →Levi Strauss raises sales guidance, says it will absorb some tariff costs for now
Levi Strauss updated its revenue expectations positively, indicating a willingness to bear certain increased import taxes temporarily, which may impact profit margins depending on...
Read Full Article →Folgers coffee, Jif peanut butter parent aims to absorb some tariff costs for shoppers
Smucker plans to partially cover increased import duties to maintain affordable pricing, aligning its revenue projections with market expectations while managing profit margins ami...
Read Full Article →Apple looking at raising iPhone prices
Apple may increase the cost of its upcoming iPhone models due to enhanced features and design updates, potentially impacting consumer spending and market competitiveness within the...
Read Full Article →Mattel plans to increase prices for some toys to offset tariff costs
Mattel aims to adjust product pricing to balance additional expenses, while expanding manufacturing locations beyond China to reduce future financial pressure from trade tariffs.
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