BMW issues a big profit warning it once again blames on China. The automaker is plotting a major strategy shift
BMW was the worst performing major European stock on Wednesday after the luxury-car maker lowered its profit outlook, citing a downturn in China as well as the impact from the Middle East war.
BMW issues a big profit warning it once again blames on China. The automaker is plotting a major strategy shift
Overview
BMW was the worst performing major European stock on Wednesday after the luxury-car maker lowered its profit outlook, citing a downturn in China as well as the impact from the Middle East war.
Source
Originally published at www.marketwatch.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
