Midea Will Likely Expand Operating Margin Through Product Mix Upgrade and Cost Rationalization
China’s transition to a consumption driven economy will help maintain demand for household appliances and Midea should better capture the growth given its wide range of innovative products. Midea has ...
U.S. Futures, European Stocks Fall
In Europe, the Stoxx Europe 600 declined 1.1% in morning trading. Fortnox rose 36.2% and Wise rose 1.9%. On the other hand, Carl Zeiss Meditec slipped 6.2%, and Wartsila lost 5.2%. The FTSE 100 lost 1 ...