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

Global commodities trader Ca.....»»

Category: topSource: reutersJul 11th, 2019

Deere blames farmers" caution, trade tensions for Q4 profit dip

Deere & Co. cited uncertainties in the agricultural sector, trade tensions and a year of difficult growing and harvesting conditions for its decline in fourth-quarter net income. The Moline, Illinois-based tractor maker (NYSE DE) reported that fourth-qu.....»»

Category: topSource: bizjournalsNov 27th, 2019

Deere warns of lower profits in 2020 on lingering trade tensions

Deere & Co. on Wednesday warned of lower earnings in the fiscal year 2020 after reporting a fall in quarterly profits, hurt by trade tensions as well as poor weather in the U.S. farm belt that have slowed equipment purchases by farmers......»»

Category: topSource: reutersNov 27th, 2019

Dell misses revenue estimates on weakness in server business

Dell Technologies Inc missed Wall Street estimates for quarterly revenue on Tuesday as its server business wrestled with higher costs and lower demand in a market hit by U.S.-China trade tensions......»»

Category: topSource: reutersNov 26th, 2019

Nissan shares skid after profit plunge, outlook cut

Shares of Nissan Motor slid more than 4% in early trade on Wednesday, a day after the Japanese automaker reported a 70% plunge in quarterly profit and slashed its full-year forecast to an 11-year low......»»

Category: topSource: reutersNov 12th, 2019

Redmond-based Data I/O pins third-quarter losses on trade tensions

International trade and political tensions this year have “wreaked havoc” on Redmond-based Data I/O Corp., which posted its largest loss since 2013 in quarterly earnings released last week. The public company manufactures data security devices .....»»

Category: topSource: bizjournalsNov 4th, 2019

Wall Street firms record best first-half profit in a decade: report

Wall Street firms recorded their best first half in a decade as profits rose 11%, but a slowdown in the global economy and ongoing trade tensions could hit earnings in the second half of 2019, according to a report from the New York State Comptroller......»»

Category: topSource: reutersOct 25th, 2019

Dow Jones Newswires: UBS profit drops, warns trade tensions weighing on investors

The bank said the low-interest-rate environment will hit net interest income, while trade tensions and geopolitical issues hurt investor confidence......»»

Category: topSource: marketwatchOct 22nd, 2019

Union Pacific misses profit expectations amid trade war, to cut spending, jobs

Railroad operator Union Pacific Corp on Thursday reported quarterly profit that missed analysts' estimates and said it would cut capital spending and jobs as the multi-front U.S. trade war worsens an industry-wide freight volume slump......»»

Category: topSource: reutersOct 17th, 2019

Industrial earnings take center stage in third quarter with trade, economy in focus

Profit reports from big manufacturers and other industrial firms arriving this week will provide investors with a crucial corporate gauge of the U.S. economy's health and the fallout from trade tensions between Washington and Beijing......»»

Category: topSource: reutersOct 14th, 2019

U.S. manufacturing dives to 10-year low as trade tensions weigh

U.S. manufacturing activity tumbled to a more than 10-year low in September as lingering trade tensions weighed on exports, further heightening financial market fears of a sharp slowdown in economic growth in the third quarter......»»

Category: topSource: reutersOct 1st, 2019

S&P, Nasdaq dragged down by Micron"s downbeat outlook

The S&P 500 and Nasdaq slipped on Friday, pulled lower by a slide in Micron shares after the chipmaker blamed U.S.-China trade tensions for its downbeat first-quarter profit forecast, but gains in financials kept the Dow in positive territory......»»

Category: topSource: reutersSep 27th, 2019

Commodities trader Cargill"s quarterly profit rises 3% on beef, eggs demand

Global commodities trader Cargill Inc [CARG.UL] reported a 3% increase in adjusted quarterly profit on Thursday, citing strong consumer demand for meat and eggs in North America and growth in its animal nutrition businesses......»»

Category: topSource: reutersSep 26th, 2019

Nike beats quarterly forecasts despite trade war

Shares of Nike hit an all-time high after the world's largest athletic gear maker topped quarterly sales and profit forecasts......»»

Category: videoSource: reutersSep 24th, 2019

FedEx tumbles 13% on weak 2020 outlook, brokers cut price targets

Shares of FedEx Corp fell about 13% on Wednesday after the package delivery company slashed its 2020 profit outlook, blaming trade tensions and its split with client-turned-competitor Amazon.com ......»»

Category: topSource: reutersSep 18th, 2019

Bond yields, stock prices supported ahead of central bank meetings

Asian stock markets held firm and bond yields rose on Wednesday as hopes of diminishing U.S.-China tensions and reduced risk of no-deal Brexit prompted investors to take profit in risk-off trade ahead of key central bank policy meetings......»»

Category: topSource: reutersSep 10th, 2019

Bond yields, stock prices supported ahead of central bank meetings

Asian stock markets held firm and bond yields rose on Wednesday as hopes of diminishing U.S.-China tensions and reduced risk of no-deal Brexit prompted investors to take profit in risk-off trade ahead of key central bank policy meetings......»»

Category: topSource: reutersSep 10th, 2019

PVH cuts profit and revenue forecast as tariffs, Hong Kong protests bite

PVH Corp cut its full-year profit forecast for the second time this year on Wednesday, as the Calvin Klein owner sees pressure from the protracted U.S-China trade tensions and the ongoing protests in Hong Kong......»»

Category: topSource: reutersAug 28th, 2019

Calvin Klein owner PVH cuts full-year profit, revenue forecast

PVH Corp cut its full-year profit and revenue forecast on Wednesday, as the Calvin Klein owner sees pressure from the escalating trade tensions between the U.S. and China and the ongoing protests in Hong Kong......»»

Category: topSource: reutersAug 28th, 2019

HP CEO steps down, taps veteran insider; flags quarterly profit below Street view

HP Inc said on Thursday Chief Executive Officer Dion Weisler is stepping down after nearly four years in the role, and forecast fourth quarter profit below Wall Street estimates, sending its shares down 6% in late trade......»»

Category: topSource: reutersAug 22nd, 2019

Home Depot beats quarterly profit estimates, warns of tariff impact

Home Depot Inc beat quarterly profit estimates on Tuesday as it sold more big-ticket items to high-spending builders and handymen, while flagging the potential impact of U.S. President Donald Trump's ongoing trade tussle with China on consumers......»»

Category: topSource: reutersAug 20th, 2019