Puma Faces Weak U.S. Demand, Plans Job Cuts as Shares Plunge
(Reuters) - Puma's shares were seen falling 8% in Wednesday's premarket indications, after the German sportswear group gave a ...
Puma's Financial Struggles: Layoff Rumors and a Double Decline
In the wake of its financial disclosure, Puma's stock price experienced a dramatic decline of 25% on the German stock market, a clear indicator of market disappointment. Despite a year-on-year revenue ...
Puma Biotech confirms court ruling on patent invalidity, disagrees with verdict
Shares of Puma Biotech (PBYI) plunged 25% on Wednesday in the wake of the court opinion. Puma rose 6% on Thursday. US ...
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Puma faces weak U.S. demand, plans job cuts as shares plunge
(Reuters) - Puma on Wednesday announced job cuts and warned of uncertain U.S. consumer demand as the German sportswear group's shares slumped 23% in the wake of disappointing quarterly and annual ...
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Puma faces weak U.S. demand, plans job cuts as shares plunge
Company forecast currency-adjusted sales below last year's level Management flags weak U.S. market, announces 500 job cuts Puma shares down 23% Sign up here. Chief Executive Arne Freundt said Puma ...