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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

General Mills lifts profit view on cost cuts, price hikes

Consumer goods companies like General Mills have been raising product prices to make up for rising commodities and transportation costs......»»

Category: topSource: foxnewsMar 20th, 2019

As loans and revenue shrink, Wells Fargo leans on cost cuts

Wells Fargo & Co's loan book shrank and revenue fell across all its major businesses last quarter, as the fourth-largest U.S. lender continued to work through the consequences of wayward sales practices at its consumer bank......»»

Category: topSource: reutersJan 15th, 2019

As loans and revenue shrink, Wells Fargo touts cost cuts

Wells Fargo & Co on Tuesday said its loan book shrank and quarterly revenue fell in all of its major businesses, especially consumer banking, sending its shares lower......»»

Category: topSource: reutersJan 15th, 2019

Credit Suisse chairman says on track to boost equity return: media

Cost cuts and closing a unit where Credit Suisse had parked underperforming assets will help boost return on tangible equity (ROTE) to at least 10 percent in 2019, Chairman Urs Rohner said in an interview published on Saturday......»»

Category: topSource: reutersDec 22nd, 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

BMW warns of significant profit fall in 2019, seeks 12 billion euros in cuts

BMW on Wednesday said it expected group pretax profit to fall by more than 10 percent in 2019 and announced a sweeping 12 billion euro ($13.6 bln) cost savings and efficiency plan to help offset higher technology investment and currency costs......»»

Category: topSource: reutersMar 20th, 2019

Citi cuts Novavax target to $1.25, sees three reasons to keep Buy

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: theflyonthewallMar 19th, 2019

Citi cuts Q1 fertilizer estimates on slow start to spring season

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: theflyonthewallMar 19th, 2019

Citi downgrades PVH Corp. to Neutral from Buy, cuts target to $120

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: theflyonthewallMar 18th, 2019

JPMorgan"s Chase to open up to 90 branches in new U.S. markets

JPMorgan Chase & Co's consumer banking unit said on Wednesday it will open up to 90 branches in new U.S. markets, in the face of intensifying competition for loans and deposits among the country's three biggest banks......»»

Category: topSource: reutersMar 13th, 2019

JPMorgan"s Chase to open up to 90 branches in nine U.S. markets

JPMorgan Chase & Co's consumer banking unit said on Wednesday it was planning to open up to 90 new branches in nine top U.S. markets in the face of an intensifying competition among three of the biggest U.S. banks for loans and deposits......»»

Category: topSource: reutersMar 13th, 2019

JPMorgan"s Chase to open 90 branches in nine top U.S. markets

The consumer banking unit of JPMorgan Chase & Co said on Wednesday that it was planning to open up to 90 new branches in nine top U.S. markets......»»

Category: topSource: reutersMar 13th, 2019

Citi CFO accelerates 2019 expense cuts, Reuters reports

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: theflyonthewallMar 12th, 2019

Sonoma Pharmaceuticals announces job cuts as part of cost reduction program

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: theflyonthewallMar 12th, 2019

Economic Report: Inflation perk ups in February, CPI shows, but not enough to set off any alarm bells

Americans paid more for rent, food, gas and clothes in February, triggering the biggest increase in inflation in fourth months. But the cost of living more generally is still rising very slowly. The consumer price index climbed 0.2% in February......»»

Category: topSource: marketwatchMar 12th, 2019

Economic Report: Inflation perks up in February to four-month high, CPI shows

Americans paid more for rent, food, gas and clothes in February, triggering the biggest increase in inflation in fourth months. But the cost of living more generally is still rising very slowly. The consumer price index climbed 0.2% in February......»»

Category: topSource: marketwatchMar 12th, 2019

Lyft cuts up to 50 staff in bikes and scooters unit, TechCrunch reports

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: theflyonthewallMar 8th, 2019

Passport slashes budget to stave off state takeover

Passport Health Plans said Friday that it will institute "severe cost-cutting" measures in an attempt to stave off a takeover by the Kentucky Department of Insurance. In the release, Louisville-based Passport CEO Mark Carter described the cuts to .....»»

Category: topSource: bizjournalsMar 1st, 2019

Vanguard Makes Tiny ETF Fee Cuts Because There"s Not Much Left to Cut

Ten Vanguard ETFs tout lower fees, but the low-cost shop is cutting much less than in the past......»»

Category: topSource: barronsFeb 27th, 2019