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Rite Aid cuts fiscal 2019 forecast, as Albertsons vote looms

Rite Aid is chopping its annual profit forecast three days before its shareholders vote on whether to approve the sale of the company......»»

Category: topSource: foxnewsAug 6th, 2018

CSX profit tops Wall St target on cost cuts, pricing power

CSX Corp on Tuesday posted quarterly profit that topped Wall Street's target, as the No. 3 U.S. railroad operator benefited from an ongoing cost-cutting drive and rising prices for carrying freight......»»

Category: topSource: reutersJul 17th, 2018

CSX profit tops Wall St. target on cost controls, shares rise

CSX Corp on Tuesday posted quarterly profit that topped Wall Street's target after the No. 3 U.S. railroad operator continued to benefit from its drive to cut costs and boost efficiency......»»

Category: topSource: reutersJul 17th, 2018

Toyota reports improved quarterly profit despite incentives

Toyota Motor on Wednesday reported that its quarterly profit rose 21 percent as cost cuts and booming sales in some markets offset the toll from higher U.S. incentives......»»

Category: topSource: moneycentralMay 9th, 2018

Toyota reports improved quarterly profit despite incentives

Toyota Motor Corp. is reporting its quarterly profit rose 21 percent as cost cuts and booming sales in some markets offset the damage from higher U.S. incentives......»»

Category: topSource: foxnewsMay 9th, 2018

Putnam"s parent hungers to gobble up other asset managers

Putnam has struggled to consistently turn a profit, despite laying off 8 percent of its workforce in a cost-saving measure in late 2016......»»

Category: topSource: bizjournalsMay 8th, 2018

ConocoPhillips profit tops estimates on rising oil prices, cost cuts

HOUSTON (Reuters) - ConocoPhillips , the world's largest independent oil and gas exploration and production company, posted a bigger-than-expected first-quarter profit on Thursday, helped by rising crude prices and cost cuts......»»

Category: topSource: reutersApr 26th, 2018

ConocoPhillips profit beats expectations on rising oil prices, cost cuts

The company's stock has also risen as it has prioritized shareholder returns over production increases, an approach increasingly favored by Wall Street......»»

Category: topSource: foxnewsApr 26th, 2018

ConocoPhillips quarterly profit jumps 52 percent

HOUSTON (Reuters) - U.S. oil producer ConocoPhillips said on Thursday its first-quarter profit jumped 52 percent due to rising crude prices and cost cuts......»»

Category: topSource: reutersApr 26th, 2018

CSX railroad"s first-quarter profit jumps to $695 million

CSX's first-quarter profit nearly doubled thanks to further cost cuts at the railroad and a restructuring that weighed on its earnings a year ago......»»

Category: topSource: foxnewsApr 17th, 2018

Dallas PE firm makes bet on company that could benefit from drug cost plan

Dal.....»»

Category: topSource: bizjournalsSep 20th, 2018

Jefferies Upgrades E-Trade Financial, "A Unique And Scarce Asset"

With a potential sale looming, shares of E-Trade Financial Corp. (NASDAQ: ETFC) are attractive, according to Jefferies.  La.....»»

Category: blogSource: benzingaSep 19th, 2018

New York Fed Sees $2.5 Billion Profit on Bear Stearns in Final Maiden Lane Sales

The Federal Reserve Bank of New York has announced that it has completed the sale of its remaining securities in the Maiden Lane portfolio......»»

Category: blogSource: 247wallstSep 18th, 2018

Aramark to use some of the $300 million from asset sale to buy back stock

Aramark said Monday it will sell its healthcare technologies business for $300 million to Trimedx, as the company to looks to further focus on its core food, facilities and uniform business. The company said it plans to use the proceeds .....»»

Category: topSource: marketwatchSep 17th, 2018

TE Connectivity to use $325 million in proceeds from asset sale for share repurchases

TE Connectivity Ltd. said Monday it reached.....»»

Category: topSource: marketwatchSep 17th, 2018

Jefferies cuts AT&T estimates, say not being Netflix "still comes at a cost"

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: theflyonthewallSep 14th, 2018

Roche steps up efficiency drive to take sting out of biosimilars

Roche , the world's biggest producer of cancer drugs, is stepping up cost cuts in an efficiency drive made unavoidable by competition from cut-price copies of three mega-brands from its famed U.S. Genentech biotech stable......»»

Category: topSource: reutersSep 13th, 2018

ATA Inc. Is Likely Overvalued After The Recent Asset Sale

ATA Inc. Is Likely Overvalued After The Recent Asset Sale.....»»

Category: topSource: seekingalphaSep 13th, 2018

Citigroup boosts guidance to reflect improved tax outlook

Citigroup Inc.'s chief financial officer said on Wednesday the bank expects to exceed its previous targets for returns on shareholder equity and cost savings, helped in part by tax reform......»»

Category: topSource: reutersSep 12th, 2018

BMO Capital "encouraged" by Dover plans to streamline 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: theflyonthewallSep 12th, 2018