Goldman Sachs said Tuesday the company may be losing around $100 million to $125 million a week as a result Workers are striking at a Michigan Ford plant making Broncos and Rangers, a Missouri GM plant making GMC Canyons and Colorados and an Ohio Stellantis plant making Jeep Wranglers and Gladiator
Sep 19, 2023 at 12:54 pm ET United Auto Workers employees continue their strike against the Big Three car companies that began late last week. Follow MarketWatch's coverage of the strike and its impact on the market.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Goldman Sachs analyst lowers earnings forecast on Tesla, cites price cuts and slimmer marginsTesla's earnings could be hit further from weaker margins as the company continues to push for higher production, according to Goldman Sachs.
Read more »
Goldman Sachs lowers peak U.K. interest-rate forecast ahead of meetingGoldman Sachs has lowered its estimate of the peak U.K. interest rate, even as it forecasts a quarter-point increase by the Bank of England on Thursday.
Read more »
Here's Goldman Sachs' complete guide to successfully trading IPOsThe Wall Street investment bank advised clients to focus on identifying companies capable of growing sales at a fast pace.
Read more »
Recession-hit Germany is facing a flurry of global headwinds, Goldman Sachs saysThe German economy is at a crossroads of global issues, according to Peter Oppenheimer, strategist and head of macro research EMEA at Goldman Sachs.
Read more »
UAW strike is costing Big Three about $125 million each in lost revenue, Goldman Sachs saysUAW strike at plants making midsize pickup trucks and SUVs is costing Ford, GM and Stellantis about $100 million to $125 million a week each in delayed revenue.
Read more »
Tesla’s Price Cuts Might Not Be Over. It’s Bad News for Margins, Goldman Says.Tesla's price cuts have hit its margins. The pain in earnings could be felt more deeply in 2024, according to Goldman Sachs.
Read more »