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Citi says Consumer unit may see more than $1.5B in cost cuts

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.....»»

Category: blogSource: theflyonthewallJun 13th, 2018

Largest Apple Supplier Planning Billions In Cost Cuts On iPhone Woes

With Goldman Sachs cutting its price target on Apple shares for the third time this month while the consumer-tech giant's shares sink into bear-market territory, more signs of.....»»

Category: blogSource: zerohedgeNov 21st, 2018

Citi is shaking up its consumer bank — and a key executive is out (C)

Larry French/AP Citigroup is shaking up its $33 billion consumer banking unit. The bank announced Monday several changes in the top rungs of management within its Global Consumer Banking division in an effort to "align our structure with our strategy," St.....»»

Category: topSource: businessinsiderAug 13th, 2018

Bayer"s German workers mostly spared from Monsanto-related job cuts: labor boss

The lion's share of job cuts from folding U.S. seed maker Monsanto into Bayer's agriculture unit will affect workers outside Germany, the head of Bayer's works council told Reuters......»»

Category: topSource: reutersDec 7th, 2018

Volkswagen to cut another $3.4 billion in costs to boost margins

Volkswagen announced another 3 billion euros ($3.4 billion) of cost cuts on Thursday in an effort to speed up an improvement in profit margins at its core VW brand......»»

Category: topSource: reutersDec 6th, 2018

Hawaiian Airlines cuts unit revenue outlook, as load factor decreased in November

Hawaiian Holdings Inc. subsidiary Hawaiian Airlines cut its fourth-quarter unit revenue guidance range, citing lower-than-expected market pricing for North America routes and lower-than-anticipated demand w.....»»

Category: topSource: marketwatchDec 5th, 2018

CORRECT: Hawaiian Holdings cuts Q4 cost per ASM outlook to up 0.6%-3.3% from up 2.3%-5.8%

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchDec 5th, 2018

Consumer protection agency name change could cost banks $300 million; report

Changing the name of the regulator create.....»»

Category: topSource: marketwatchDec 4th, 2018

Ryanair sidesteps unions by ramping up ultra-low-cost unit

Ryanair has reached an agreement on wages and .....»»

Category: videoSource: reutersDec 4th, 2018

Ryanair sidesteps unions by ramping up ultra-low-cost unit

Ryanair is ramping up a new subsidiary with weaker labor rights to better compete in eastern Europe, infuriating staff and unions by bypassing concessions granted during a year of industrial strife......»»

Category: topSource: reutersDec 4th, 2018

Focus on Cost Cuts & Investments Aids Pentair Amid Inflation

Focus on cost reduction and investments is likely to drive Pentair's (PNR) performance in the near term despite material and other cost inflation. .....»»

Category: personnelSource: nytDec 3rd, 2018

Factbox: Unilever names beauty unit head Alan Jope as new CEO

Anglo-Dutch consumer goods company Unilever said its CEO Paul Polman was retiring and would be replaced by the head of its beauty unit Alan Jope, 54, from January 1......»»

Category: topSource: reutersNov 29th, 2018

Citi consumer electronics survey positive for Corning, negative for GoPro

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.....»»

Category: blogSource: theflyonthewallNov 29th, 2018

Unilever CEO Polman to retire, replaced by beauty head Jope

Anglo-Dutch consumer goods company Unilever said its CEO Paul Polman was retiring, less than two months after a damaging row with shareholders, and would be replaced by the head of its beauty unit Alan Jope from January 1......»»

Category: topSource: reutersNov 29th, 2018

"It’s Going To Be Devastating": GM Cost Cuts Hit Home In Ohio

The massive job cuts announced by General Motors have been the talk of the financial media since they were announced on Monday. Not only did the news trigger a buying frenzy of GM stock among trading desks, it also quickly made its wa.....»»

Category: blogSource: zerohedgeNov 27th, 2018

When Foxconn Sounds the Alarm, You Better Listen

Steep cost cuts at the assembler of iPhones signal deep trouble in the global electronics industry......»»

Category: topSource: washpostNov 21st, 2018

South Korean low-cost carrier Jeju Air orders 40 Boeing 737 Max jets, takes options for more

The deal is a boost for Boeing's 737 assembly plant in Renton and includes more business for Boeing's Global Services unit.....»»

Category: topSource: bizjournalsNov 20th, 2018

Capitol Report: Blue-state Republicans embraced the 2017 tax cuts. It may have cost them.

When Washington Republicans were working to pass their tax reform package in 2017, there were warnings that it could cost many of them their seats in the 2018 midterms. That may just have happened.......»»

Category: topSource: marketwatchNov 16th, 2018

Wells Fargo plans 1,000 U.S. job cuts

Wells Fargo & Co said on Thursday it notified about 1,000 employees in its Consumer Lending and Payments, Virtual Solutions and Innovations groups of plans to eliminate their positions......»»

Category: topSource: reutersNov 15th, 2018

Consumer prices jump to 9-month high

U.S. consumer prices increased by the most in nine months in October, driven by gains in the cost of gas and rents. Fred Katayama reports......»»

Category: videoSource: reutersNov 14th, 2018

U.S. consumer prices post largest rise in nine months

U.S. consumer prices increased by the most in nine months in October amid gains in the cost of gasoline and rents, pointing to steadily rising inflation that likely will keep the Federal Reserve on track to raise interest rates again next month......»»

Category: topSource: reutersNov 14th, 2018