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Cargill quarterly profit dives 41% on trade tensions, U.S. floods

Global commodities trader Ca.....»»

Category: topSource: reutersJul 11th, 2019

Cargill fourth-quarter profit dives 41% on trade tensions, U.S. floods

Commodit.....»»

Category: topSource: reutersJul 11th, 2019

Union Pacific cost cuts sheltered profit amid freight slowdown

Union Pacific Corp on Thursday reported a quarterly profit that beat Wall Street estimates, as the U.S. railroad operator cut costs and raised rates to overcome disruptions from record floods in the Midwest and ongoing U.S.-China trade tensions......»»

Category: topSource: reutersJul 18th, 2019

Dow profit beats on Asia demand and cost cuts, sees recovery in 2020

Dow Inc beat Wall Street's estimates for quarterly profit and revenue on Wednesday, helped by growth in volumes in Asia as well as lower costs, and the chemicals maker pointed to a recovery in demand this year as trade tensions ease......»»

Category: topSource: reutersJan 29th, 2020

Buffett"s Berkshire tops profit forecasts despite trade tensions

Berkshire Hathaway Inc , the conglomerate run by billionaire Warren Buffett, on Saturday said its quarterly operating profit rose 14%, more than analysts expected, as growth in several business lines offset the drag from trade tensions and tariffs......»»

Category: topSource: reutersNov 2nd, 2019

Dow cuts 2019 spending forecast due to trade friction, posts profit beat

U.S. chemical company Dow Inc posted a better-than-expected quarterly profit on Thursday, and cut its spending for the year by 25% against the backdrop of prolonged trade tensions......»»

Category: topSource: reutersJul 25th, 2019

Union Pacific quarterly profit beats estimates on price gains

Union Pacific Corp on Thursday reported a quarterly profit that beat Wall Street estimates, as the U.S. railroad operator cut costs and raised prices to overcome the effects of severe flooding in the Midwest and ongoing U.S.-China trade tensions......»»

Category: topSource: reutersJul 18th, 2019

Morgan Stanley reports drop in profit, but wealth management gains

Morgan Stanley reported a drop in quarterly profit Thursday, hit by lower market activity amid global trade tensions and expectations for U.S. interest rate cuts......»»

Category: topSource: reutersJul 18th, 2019

FedEx profit beats estimates, warns of pain in 2020 from trade war

Package delivery company FedEx Corp beat Wall Street estimates for quarterly profit on Tuesday, but warned that U.S.-China trade tensions and the non-renewal of its contract with Amazon.com Inc would hurt its fiscal 2020 performance......»»

Category: topSource: reutersJun 25th, 2019

Cargill profit more than doubles on higher beef demand

Cargill Inc [CARG.UL] reported a quarterly profit on Thursday that more than doubled, boosted by higher demand for beef, even as the global commodities trader wrestled with worries over a trade war between the U.S. and China......»»

Category: topSource: reutersJul 12th, 2018

BlackRock profit beats on demand for low-risk funds

BlackRock Inc reported a better-than-expected quarterly profit on Tuesday, as more people poured money in its low-risk funds amid heightened trade tensions between Beijing and Washington......»»

Category: topSource: reutersOct 16th, 2018

Campbell Soup boosts guidance as profit beats forecasts; shares jump

Campbell Soup Co on Wednesday raised its fiscal full-year earnings forecast and posted better-than-expected quarterly profit and sales due to strong demand for soups and snacks, and its shares rose 5% in early trade......»»

Category: topSource: reutersMar 4th, 2020

Beyond Meat posts profit miss, dragged by investment, marketing costs; shares fall

Beyond Meat Inc on Thursday missed quarterly earnings expectations due to higher costs, and said Executive Chairman Seth Goldman would give up his executive status, while remaining chair of the board, sending shares down 10% in after-hours trade......»»

Category: topSource: reutersFeb 27th, 2020

StanChart annual profit rises 46%, misses estimates

Standard Chartered on Thursday posted a 45.5% rise in annual profit, weathering the economic fallout from global trade tensions and political protests in Hong Kong with revenue growth in its main markets......»»

Category: topSource: reutersFeb 27th, 2020

Panasonic shares soar on profit at U.S. battery business with Tesla

Shares of Panasonic Corp jumped more than 8% in early Tuesday trade after the Japanese electronics conglomerate the previous day reported its first quarterly profit at its U.S. battery venture with Tesla Inc......»»

Category: topSource: reutersFeb 3rd, 2020

Dow operating profit drops on lower prices, sees recovery in 2020

Dow Inc reported a 27% fall in fourth-quarter operating profit on Wednesday as lower prices squeezed margins, but the chemicals maker pointed to a recovery in demand this year on the back of easing trade tensions......»»

Category: topSource: reutersJan 29th, 2020

Lockheed Martin beats estimates, raises sales forecast on higher F-35 deliveries

Lockheed Martin Corp reported a better-than-expected quarterly profit on Tuesday and forecast 2020 revenue above analysts' estimates, as the Pentagon's No.1 weapons supplier benefited from heightened geopolitical tensions in the Middle East......»»

Category: topSource: reutersJan 28th, 2020

Trade war weighs on railroad operator Union Pacific

Railroad operator Union Pacific Corp reported a lower-than-expected quarterly profit, as freight volumes of agricultural products and energy shipments fell......»»

Category: topSource: foxnewsJan 23rd, 2020

Oil dives as U.S., Iran tensions ease and on U.S. crude build

Oil futures fell more than 4% on Wednesday in a wild swing, soaring close to a four-month high in early trade on an Iranian rocket attack on U.S. forces in Iraq before retreating as the countries quickly ratcheted back tensions......»»

Category: topSource: reutersJan 8th, 2020

Oil dives on soothing words from U.S., Iran and on U.S. crude build

Oil futures fell near 4% on Wednesday in a wild swing, soaring close to a four-month high in early trade on an Iranian rocket attack on U.S. forces in Iraq but then retreating as the countries quickly ratcheted back tensions......»»

Category: topSource: reutersJan 8th, 2020

FedEx cuts 2020 profit, cites "significant challenges"

FedEx Corp on Tuesday issued its second warning on fiscal 2020 profit after quarterly earnings fell sharply on lackluster global trade and the end of its relationship with Amazon.com, the world's top online retailer......»»

Category: topSource: reutersDec 17th, 2019