In financial services, asset management firms that used to earn 120 basis points on are now earning 8, if they're lucky. Commoditization is squeezing the industry. In retailing, consumers only seem to care about price. They gather information many places, but only buy from the vendor with the narrowest margins.
BING NEWS:
- Phillips 66's Refining Margins Sink, Dragging Down Profits
Key Takeaways Phillips 66 reported a drop in first-quarter profits as refining margins thinned.The energy company's realized refining margins were nearly half what they were in the first quarter of 2023.
04/26/2024 - 3:47 am | View Link - Harley-Davidson Stock Plunges as First-Quarter Retail Sales Disappoint
Harley-Davidson beat expectations on revenue and earnings but its share price crashed Thursday as global retail sales came in flat despite the introduction of new touring motorcycles. The company repo
04/25/2024 - 11:28 am | View Link - More
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