U.S. stocks slump as GE, Philip Morris weigh


(Updates to midafternoon) By Chelsea Emery NEW YORK, Sept 27 (Reuters) - Stocks slid into negative territory in midafternoon on Friday on worries about sagging corporate profits after sour calls on General Electric Co. and after cigarette maker Philip Morris Cos. Inc. slashed its profit outlook. "There are disasters on a bunch of Dow stocks," said Josh Rothe, a trader for SKBA Capital Management, which oversees $300 million. "GE is not just an industrial company, it's also in finance. ...

Premium Content (PAID Subscription Required)

"U.S. stocks slump as GE, Philip Morris weigh" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×