German conglomerate Thyssenkrupp cut its 2023/24 forecast for sales and net profit for the second time in three months, blaming lower demand and prices at...
FRANKFURT - German conglomerate Thyssenkrupp cut its 2023/24 forecast for sales and net profit for the second time in three months, blaming lower demand and prices at its steel unit as well as impairments at its materials trading division.
Thyssenkrupp, which makes steel, submarines and car parts, expects an annual net loss in the low triple-digit millions of euros, it said on Wednesday, having previously forecast break-even. This dividend stock is still down by 36% in the last year but offers even more growth after taking a year to balance the books. The post Should You Buy This 7% Dividend Stock While it’s Below $6? appeared first on The Motley Fool Canada.The TFSA can help every Canadian become a wealthy retiree. Here are a few stocks that can help you make the most of the TFSA. The post 4 Stocks I Think Every Canadian Should Have in a TFSA appeared first on The Motley Fool Canada.
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