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Shipping stocks slide
Shipping stocks slide after US port strike ends
Shares in shipping companies fell heavily across Asia on Friday after workers and U.S. port operators agreed a deal to end a strike on the East and Gulf coast docks far sooner than expected.
These consumer-staples stocks could take a hit from the port strike
The U.S. port strike, which is now in its third day, could impact a host of consumer-staples companies spanning whiskey, fruit, pasta sauce and beauty products, according to Bank of America. The strike by the International Longshoremen’s Association has shut down ports from Maine to Texas and has also thrust U.
The biggest stock market winners and losers of the US port strike
"The longer this goes, the more the impact scales, and really it starts to scale exponentially," Stifel analyst Bruce Chan said of the port strike.
10h
With port strike in its third day, consumer-staples stocks and retailers are in the spotlight
The strike that has shut U.S. East Coast and Gulf ports could impact a number of names in the consumer-staples space, warns Bank of America. A protracted strike could see companies such as ...
5h
on MSN
What products are affected by the port strike?
Since this story was written, the port strike has been suspended until Jan. 15. MONTGOMERY, Ala. (WIAT) — As the nationwide ...
3d
More China Stimulus And A Looming Port Strike
With the Chinese economy struggling, the People's Bank of China (PBOC) has unleashed a plethora of tools aimed at stimulating ...
1d
Port strike spurs TP panic run in parts of NJ. But where is most toilet paper made?
A spot check showed some NJ supermarkets had plenty of toilet paper, but others had lower supplies. 90% of American toilet ...
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