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Aston Martin raises new capital, warns on profit
Aston Martin Raises Cash From Investors, Issues Profit Warning
Aston Martin Lagonda is raising around 210 million pounds ($264 million) from investors as the U.K. luxury car maker seeks to stabilize its balance-sheet, and issued another profit warning.The latest cash-injection came as the company cut its full-year earnings guidance for the second time in nearly three months.
Aston Martin shares drop on car maker’s second profit warning in two months
Aston Martin said delays in deliveries of its limited edition run of 38 Valiant sports cars would hit its profits in the full year 2024
Aston Martin shares drop after profit warning and investor cash call
Aston Martin, the carmaker of choice for James Bond, has issued a profit warning for the second time in less than two months as it battles a difficult market and asked investors for more cash
Aston Martin issues new £210m profit warning as sales slump in China
British sportscar brand Aston Martin has issued a second profit warning in as many months with the firm now raising cash to stay in the green. The popular car brand issued new shares and debt totalling a staggering £210million but still expects to turn a profit this year.
Aston Martin issues second profit warning in two months
Aston Martin had already cut its guidance in September, saying it had been hit by a fall in demand in China, where a slowing economy has affected sales of luxury cars. To bolster its finances, the carmaker has said it will issue new shares and debt totalling £210m.
Aston Martin issues profit warning and announces £210m fundraising
Aston Martin issues profit warning and announces £210m fundraising. Discover how delays in supercar deliveries and new financing plans impact the luxury carmaker's financial outlook.
Aston Martin shares slump to two-year low following fresh profit warning
Shares in Aston Martin fell to their lowest point in two years, after the luxury carmaker said it was looking to raise funds and issued another profit warning.
Aston Martin raises £210m after new chief executive issues second profit warning
Aston Martin has tapped up investors for a £211m fundraise after issuing a second profit warning in two months. New chief executive Adrian Hallmark, who became the luxury car maker’s fourth boss in four years in September, has downgrading expectations again after delays in the delivery of some of its Valiant models.
Live news: Aston Martin to raise £210mn after issuing latest profit warning
The US Securities and Exchange Commission alleged in a complaint that Leech placed trades between 2021 and 2023 with brokers and then waited until later in the day to assign them to specific portfolios, resulting in hundreds of millions of dollars of net gains for those he favoured.
Aston Martin Raises More Cash After Another Profit Warning
Aston Martin Lagonda Global Holdings Plc tapped investors for more funds as the luxury carmaker issued its second profit warning in two months.
Aston Martin raises new capital, warns on profit; shares at two-year low
By Yadarisa Shabong and Shashwat Awasthi (Reuters) -Shares in Aston Martin fell as much as 9% to a more than two-year low on Wednesday after the British luxury carmaker warned that annual profit could fall as much as 11% on delivery delays and said it would raise new capital.
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Pets at Home Warns on Profit as Covid-Era Boom Comes to an End
Pets at Home Group Plc dropped after warning that weak consumer confidence and the end of a pandemic boom in pet ownership ...
6d
PDD Stock Plummets: Profit Warning Highlights China Market Struggles
PDD's future dims as competition and economic headwinds pressure profitability, triggering a sharp market reaction ...
6d
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JD Sports’ shares tumble after profit warning prompted by October trading woes
The retailer said underlying annual profits are now expected at the lower end of its previous guidance for between £955 ...
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