Deere Plunges as Struggling Farmers Delay Machinery Rebound

Shares of Deere & Co. tumbled the most in over three years as the world’s biggest farm machinery maker pared its annual earnings outlook with lower grain prices curbing growers’ spending. The farm-machinery sector has been expected to bottom out this year, but a...

S&P 500 Margins at Risk as Producer Costs Outrun Consumer Prices

Corporate America’s effort to boost margins and sustain US stock gains faces a key hurdle: a widening gap between consumer and producer prices, compounded by tariff uncertainties. Prices paid to US producers surged in July by the most in three years, adding to signs...

Carlsberg Falls After CEO Warns of Weak Consumer Spending

Carlsberg A/S shares fell after it reported a drop in volumes and warned consumers were continuing to pull back on spending. Overall organic volumes at the Danish brewer fell 1.7%, which was slightly worse than analysts had expected, with the company warning demand is...

China’s $11 Trillion Stock Market Stages Steady Resurgence

Chinese stocks have gained ground in recent months despite a lack of major catalysts, with ample domestic liquidity likely to sustain the rally. Mainland households, flushed with record-high savings, are turning to equities for better returns as interest rates...

Wendy’s Cuts Sales Guidance as US Consumers Tighten Belts

Wendy’s Co. cut its full-year sales guidance after posting a bigger-than-expected quarterly decline, highlighting the economic pressures weighing on the chain’s US business. The chain now expects global system-wide sales to fall between 3% and 5% this year, while it...