Dominic Chopping

Stockholm

Senior Reporter at The Wall Street Journal

Senior Reporter at The Wall Street Journal - Nordics and Baltics

Articles

Audi Says Guidance Remains in Place, But Excludes Tariff Impact

1 week ago | tradingview.com | Dominic Chopping

Audi Says Guidance Remains in Place, But Excludes Tariff ImpactVOWAudi backed its full-year financial forecasts, but said the difficulty in gauging the impact of tariffs means the guidance doesn't include any potential hit from the duties. The German company joins a growing list of automakers who in recent weeks have inserted similar caveats in their financial outlooks as they struggle to get a grip on U.S. President Trump's dynamic trade policy.
Mercedes-Benz Withdraws Guidance Due to Tariffs, Warns of Profit Hit

2 weeks ago | wsj.com | Dominic Chopping

The profit margin on its cars could be hit by 300 basis points this yearThe German luxury-car maker said Wednesday that the uncertainty means it can’t offer estimates with the necessary level of certainty and warned that if current trade policies persist, a material impact is expected, with earnings, cash flow and margins all hit. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8Subscribe NowAlready a subscriber? Sign In
Stellantis Suspends Guidance on Tariff UncertaintyUpdate

2 weeks ago | tradingview.com | Dominic Chopping

Stellantis Suspends Guidance on Tariff UncertaintyUpdateSTLAMStellantis suspended its full-year guidance, citing U.S. tariffs and the difficulty in predicting their potential impact on market volumes and the competitive landscape. U.S. President Trump imposed a 25% tariff on automotive imports into the U.S., but he said Tuesday that his range of other duties wouldn't be stacked on top, in a move aimed at softening the blow to car makers.
Mercedes-Benz Warns of Uncertainty Amid Market Turmoil -- 2nd Update

2 weeks ago | marketscreener.com | Dominic Chopping

By Dominic Chopping Mercedes-Benz withdrew its full-year guidance due to the market volatility stemming from U.S. President Trump's tariffs on auto imports. The German luxury-car maker said Wednesday that the uncertainty means it can't offer estimates with the necessary level of certainty and warned that if current trade policies persist, a material impact is expected, with earnings, cash flow and margins all hit.
Stellantis Suspends Guidance on Tariff Uncertainty

2 weeks ago | wsj.com | Dominic Chopping

President Trump slapped a 25% tariff on automotive imports into the U.S. as well as a range of additional duties payable on other goods and assigned fixed rates of import taxes on a country-by-country basis. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8Subscribe NowAlready a subscriber? Sign In
Mercedes-Benz Can’t Offer Reliable Guidance Amid Market Turmoil

2 weeks ago | wsj.com | Dominic Chopping

April 30, 2025 2:07 am ETMercedes-Benz said the current market uncertainty means it can’t offer guidance with the necessary level of certainty. The German luxury-car maker said Wednesday that its previously announced guidance would remain unchanged without any further tariff impact. But assuming the currently implemented and announced tariffs become effective and remain in place until the end of the year, material impacts are expected. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved.
Stellantis Suspends Guidance on Tariff Uncertainty

2 weeks ago | marketscreener.com | Dominic Chopping

By Dominic Chopping Stellantis suspended its full-year guidance, citing U.S. tariffs and the difficulty in predicting their potential impact on market volumes and the competitive landscape. President Trump slapped a 25% tariff on automotive imports into the U.S. as well as a range of additional duties payable on other goods and assigned fixed rates of import taxes on a country-by-country basis.
Novo Nordisk Shares Fall After Data From New Eli Lilly Pill

3 weeks ago | wsj.com | Dominic Chopping

Novo Nordisk NOVO.B -7.43%decrease; red down pointing triangle shares fell Tuesday after Eli Lilly LLY -2.61 %decrease; red down pointing triangle announced results of a new pill that could rival the weight-loss potential of the Danish giant’s blockbuster shots. Shares fell as much as 9.8% in early European trade as investors reacted to the news on the first trading day since the Lilly announcement last week.
Novo Nordisk Shares Fall After Data From New Eli Lilly Pill

3 weeks ago | marketscreener.com | Dominic Chopping

By Dominic Chopping Novo Nordisk shares fell Tuesday after Eli Lilly announced results of a new pill that could rival the weight-loss potential of the Danish giant's blockbuster shots. Shares fell as much as 9.8% in early European trade as investors reacted to the news on the first trading day since the Lilly announcement last week. Novo Nordisk and Eli Lilly currently dominate the weight-loss market, but their drugs are administered by injection.
KKR Launches $1.2 Billion Takeover Bid For Swedish Life-Sciences Company Biotage

3 weeks ago | wsj.com | Dominic Chopping

April 22, 2025 2:52 am ETKKR KKR -5.24%decrease; red down pointing triangle offered to buy the shares in Biotage that it doesn’t already own in a deal that values the Swedish life sciences company at $1.2 billion. The U.S. investment firm said it can provide the capital and resources needed for a strategic repositioning of Biotage to ensure future growth and value creation. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8