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Pinterest shares plunge 16.6% plunge in after-hours trading after Covid-19 warnings
Pinterest shares plunged 16.6% in after-hours trading Tuesday following its first quarter earnings report when it warned advertisers were spooked by Covid-19 and that the future looked increasingly uncertain. Shares of Pinterest fell to $17.35 per share .....»»
Coronavirus has created the "gravest crisis the aerospace industry has ever known," Airbus" CEO warns as the plane maker"s revenues plunge
Reuters Airbus chief executive Guillaume Faury said on Wednesday: "We are now in the midst of the gravest crisis the aerospace industry has ever known." The company's revenues fell 13% quarter-on-quarter to $11.5 billion. Airbus' com.....»»
VW says expects to be profitable in 2020 as first-quarter earnings drop
Volkswagen on Wednesday said it expected to be profitable on a full-year basis even as the coronavirus pandemic caused first-quarter earnings to plunge......»»
Daimler"s earnings plunge as coronavirus hammers sales
German car and truck maker Daimler reported a plunge of nearly 70% in first-quarter operating profit on Thursday due to the coronavirus pandemic and warned that the cash flow it uses to pay dividends would fall this year......»»
Daimler earnings plunge as coronavirus hammers vehicle sales, production
German's Daimler AG said on Thursday it expected to report a near 70% plunge in a key first-quarter earnings figure, as demand for its Mercedes-Benz cars plunges amid the coronavirus pandemic......»»
Slack earnings: Shares plunge 22% on revenue miss, widening loss
Slack Technologies Inc. shares slumped 16% in after-hours trading Thursday after the digital-collaboration platform reported fourth-quarter earnings that fell short of Wall Street revenue estimates and a widening loss......»»
ViacomCBS investors reject streaming plans as shares plunge more than 15%
ViacomCBS shares dropped 15% after the company announced fourth-quarter earnings and a new streaming service that will compete with Disney+ and NBCUniversal's Peacock while also continuing to license content to third parties......»»
Six Flags earnings take roller-coaster plunge as traffic slips
Six Flags lost $11.2 million in the fourth quarter amid declining park attendance......»»
Snap shares plunge 14% on revenue, earnings miss
Snap Inc. shares plunged after the company’s fourth-quarter earnings fell short of Wall Street estimates on Tuesday, momentarily blunting a year-long financial bounce back that had catapulted the past year......»»
Samsung Electronics sees gradual chip rebound in 2020 after fourth-quarter profit plunge
Samsung Electronics Co Ltd said on Thursday it expects earnings to bounce back in 2020 after a fourth-quarter slump, helped by a gradual recovery in memory chip demand from data center customers and 5G smartphone makers......»»
Bed Bath & Beyond"s Stock Plunges With Hard Times On The Horizon
On Wednesday, January 8, third quarter earnings and revenue miss caused the share price of Bed Bath & Beyond Inc (NASDAQ: BBBY) to plunge 8 percent with the retailer withdrawing fiscal 2019 ou.....»»
Kohl"s cuts profit projections causing stock to plunge despite rise in same-store sales
Sales at established Kohl's stores rose modestly in the third quarter, but overall revenue was flat and earnings fell short of analysts'.....»»
Airbus Results Show Uptick In Revenue And Earnings
European aircraft manufacturer Airbus reported on Oct. 30 that adjusted earnings before interest and tax rose 2% to €1.6 billion ($1.8 billion) in the third quarter, more than the €1.36 billion estimated by analysts. Airbus' 2019 consolidated r.....»»
Airbus Results Show Uptick In Revenue And Earnings
European aircraft manufacturer Airbus reported on Oct. 30 that adjusted earnings before interest and tax rose 2% to €1.6 billion ($1.8 billion) in the third quarter, more than the €1.36 billion estimated by analysts. read more.....»»
AB Volvo warns of demand slump as truck orders plunge
Swedish truckmaker AB Volvo reported a sharp decline in third-quarter orders and forecast a demand slump on both sides of the North Atlantic next year, taking the shine off forecast-beating earnings......»»
Kraft Heinz takes another $1 billion hit, shares plunge
Kraft Heinz released its second quarter earnings reports and revealed continued fall-out related.....»»
Airbus second-quarter profit rise beats forecasts, delivery challenges ahead
Airbus on Wednesday posted stronger-than-expected core second-quarter earnings, led by the switch to efficient new single-aisle jets, and maintained its profit forecast for the year while warning of delivery challenges in the second half......»»
Airbus second-quarter profits rise and beat analyst forecasts
Airbus on Wednesday posted stronger-than-expected core second-quarter earnings, led by the switch to efficient new single-aisle jets, and maintained its profit forecast for the year while warning of delivery challenges in the second half......»»
Lufthansa braces for more challenges after price war hits earnings
German airline Lufthansa said it was braced for very tough price competition with Ryanair and easyJet for at least the rest of this year as it reported a plunge in second-quarter earnings on Tuesday......»»
Ford Shares Plunge After Mixed Q2 Earnings
Ford Motor Company (NYSE: F) shares are down after reporting a second-quarter earnings miss. Second-qua.....»»