General Mills sees "step up" in Q4 organic sales growth
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Cost of General Electric credit insurance rises along with coronavirus concerns
The cost to insure General Electric Co debt has shot up to levels last seen in 2018, possibly reflecting concern about the company's exposure to coronavirus-induced declines in interest rates, air travel and global growth......»»
Oil crashes after Saudi Arabia starts price war amid slumping demand
Oil prices plummeted around 30% on Monday after Saudi Arabia slashed its official selling prices and set plans for a dramatic increase in crude production next month, starting a price war even as spread of the coronavirus erodes global demand growth......»»
Insurers promise to cover tests, relax policies
A major health insurance trade group is pledging its member plans will cover doctor-ordered testing for the coronavirus amid rising confusion and concern about who will bear the cost of care in an outbreak......»»
Time to rebalance portfolios, keep proceeds in cash: investment officer
Investors should consider rebalancing their portfolios amid the sell-off, and either keep the proceeds in cash or dollar-cost average into growth stocks, says Abbot Downing deputy CIO Carol Schleif......»»
HSBC sets new cost cutting, earnings targets after profit falls 33%
The wider strategy overhaul also comes amid slowing economic growth in HSBC's major markets.....»»
Credit Suisse"s new CEO Gottstein seeks growth offensive
Credit Suisse's incoming chief executive, Thomas Gottstein, plans to put Switzerland's second-biggest bank on a growth offensive following predecessor Tidjane Thiam's cost-cutting exercise, he told Reuters on Friday......»»
Baltimore Convention Center expansion plans scaled back amid financial hurdles
Plans for an upgrade to the Baltimore Convention Center are headed back to the drawing board after officials discovered an expansion would cost more than $1.5 billion to complete as envisioned. The eye-popping price tag was driven upward by the .....»»
Ryanair says MAX woes may delay growth by two years
Ryanair says delays in receiving Boeing's grounded MAX jets may put back its growth plans. Ciara Lee reports......»»
East Bay accounting firm names new CEO amid ambitious growth plans
The firm's co-founder is eager to step back from daily operations to focus on strategic planning......»»
Weight Watchers still banks on Oprah amid competition from other diet plans and its own subscription programs
WW International Inc., more commonly known as Weight Watchers, is banking on another well-known name to drive growth – Oprah Winfrey......»»
General Motors strike to slash U.S. October payrolls: JPMorgan
A month-long strike at General Motors could cut U.S. job growth by as much as 75,000 in October, JPMorgan economist Daniel Silver said on Friday, an unwelcome development amid financial market fears of a recession......»»
Alcoa plans up to $1B in asset sales amid growth fears
The aluminum producer may close facilities over the next few years as it grapples with slowing economic growth......»»
Lengthy UAW strike at GM to cost $1.5 billion: Credit Suisse
An ongoing workers' strike at General Motors Co could cost the automaker about $1.5 billion, brokerage Credit Suisse said on Friday, throwing the U.S. automaker's cost reduction plans off the track and forcing key suppliers to cut their 2019 outlook......»»
GM laying off 1,300 workers in Canada amid UAW strike
General Motors announced on Wednesday that it plans to temporarily lay off 1,300 workers at its final assembly plant in Oshawa, Canada due to slowdown at US plants during UAW strike......»»
General Mills sees 8%-10% like-for-like U.S. Pet segment sales growth in FY20
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
General Mills sees FY20 organic net sales growth 1%-2%
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General Mills backs FY20 adj. EPS growth guidance of 3%-5%
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
What Investors Should Expect When General Mills Reports Earnings
The consumer packaged-goods giant will need to drive core growth and maintain superlative cash flow generation to support current share-price gains......»»
Wendy’s nosedives amid plans to expand its breakfast line nationwide
The company now expects its adjusted earnings per share to drop by 3.5% to 6.5%, after previously estimating yearly growth between 3.5% and 7%......»»