Stock Movers American Airlines Up, Proctor & Gamble Falls, Newmont Rises as Gold Surges
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Apr 24, 2025 American Airlines shares rise despite pulling back its earnings outlook due to economic concerns, echoing similar caution from other airlines. Meanwhile, Proctor & Gamble faces a notable drop in stock value after lowering its profit forecasts, challenging its pricing strategies amidst tariff pressures. In contrast, Newmont sees its shares soar as it reports better-than-expected earnings, buoyed by a surge in gold prices, highlighting the mixed signals in today’s market.
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Procter & Gamble Lowers Outlook
- Procter & Gamble cut annual sales and profit outlook due to tariff volatility and uncertain consumer behavior.
- It aims for 2% organic sales growth, down from 3-5%, and plans price hikes next fiscal year after adjusting supply chains.
Procter & Gamble's Tariff Strategy
- Procter & Gamble plans to shift sourcing and change formulations to reduce tariff exposure before raising prices.
- Expect price increases likely starting next fiscal year to combat tariff costs.
Airlines' Outlook Amid Tariff Impact
- American Airlines shares rose despite dropping its full-year earnings outlook amid economic uncertainty.
- The airline industry may face a severe but short-lived downturn from tariffs, similar to post-9/11 impact.