Tag: setback

This Ultra-High-Yield Dividend Stock’s Recovery Plans Face Another Setback

Medical Properties Trust (NYSE: MPW) continues to battle seemingly unrelenting headwinds. The real estate investment trust (REIT) has had to navigate tenant-related issues and surging interest rates. These issues have weighed heavily on its stock price, driving its dividend yield into the double digits. It seems like every time the healthcare REIT takes one step […]

JetBlue stock plunges as much as 19% as profitability goal hits setback

JetBlue’s (JBLU) stock sank as much as 19% on Tuesday after the airline cut its annual revenue forecast. It’s another setback in the company’s attempts to get back to a black bottom line. “We’ve got to get the business back to profitability,” JetBlue CFO Ursula Hurley said during the airline’s conference call. Profitability would mean […]

OnePlus runs into a setback in its biggest market

What you need to know OnePlus phones will not be sold at 4,500 retail chains across six states in the southern and western parts of India. The retailers association noted encountering ‘significant obstacles’ with OnePlus, including delays in processing warranties, and slender profit margins. The sales ban will go live on May 1. OnePlus has […]

In major setback for Argentina’s Milei, sweeping reform bill sent back to committee

BUENOS AIRES (Reuters) – A major economic reform package championed by Argentina’s libertarian President Javier Milei will be sent back to a legislative committee for consideration, the president’s party said on Tuesday, marking a major setback for the bill after lawmakers rejected many of its provisions. The rejections played out during the article-by-article approval process, […]

Modi Rival Becomes Ally in Setback to India Opposition Unity

(Bloomberg) — A political alliance challenging Prime Minister Narendra Modi was dealt a blow ahead of elections when a chief minister of an opposition-held state switched sides to join forces with the ruling party. Most Read from Bloomberg Nitish Kumar was heading the government in the eastern state of Bihar with a coalition of smaller […]

Palestinians see World Court ruling as both win and setback

By Ali Sawafta, Nidal al-Mughrabi and Emily Rose RAMALLAH/DOHA/JERUSALEM (Reuters) – Palestinians said the World Court let them down by failing to order a halt to the Israeli military offensive in Gaza, but they also described the proceedings as a victory which had inspired hope of accountability. The International Court of Justice (ICJ) ordered Israel […]