Shocking plunge by Southwest flight from Southern California was to avoid another aircraft KHON2 Southwest flight plummets, injuring flight attendants BBC Southwest Airlines passengers report sudden drop after departure from Burbank NBC Los Angeles Southwest flight abruptly descends to avoid mid-air collision with another plane near Burbank airport ABC7 Los Angeles Southwest aircraft takes a dive to avoid midair collision NPR Source link
Read More »Tag Archives: Plunge
Intel Shares Plunge on Billions in Q2 Loss, 25,000 Jobs Slashed
July 25 – Intel (NASDAQ:INTC) shook markets on Friday, shedding more than 7% share value in pre-market trading after its Q2 report revealed a $2.9 billion loss and plans to cut over 25,000 jobs by year?end. Revenue came in at $12.9 billion, slightly above estimates, but the company warned of deeper losses ahead and set Q3 revenue guidance between $12.6 …
Read More »Puma shares plunge 18% after full-year sales, profit outlook cut on U.S. tariffs
Sign at the entrance to the Puma store in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty Images Puma shares plummeted 18% Friday after the German sportwear brand posted worse-than-expected second-quarter sales and cut its full-year guidance, flagging the impact of U.S. trade tariffs. In a preliminary updated after markets closed on Thursday, the retailer said it expects full-year sales …
Read More »Lockheed Martin Shares Plunge After $1.6B Classified Charge Crushes Profit
July 22 – Lockheed Martin (NYSE:LMT) shares fell more than 6% Tuesday after the defense contractor reported an 80% plunge in second-quarter profit. This profit decline was due to the $1.6 billion pretax charge tied to a classified Aeronautics program. Net income dropped to $342 million, or $1.46 per share, compared with $1.64 billion, or $6.85 per share, a year …
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