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Earnings Results: Aurora Cannabis stock plunges amid more large losses, stock-sale plans and cost cuts
Aurora Cannabis Inc. reported another large quarterly loss Thursday, and announced more cost-cutting, share-sale plans and executive changes as shares plunged in late trading......»»
How to determine the profit on a home sale for tax purposes
REAL ESTATE MATTERS | The price you paid for the home -- but not the mortgage owed -- is a factor in determining "cost basis.".....»»
PBF Energy"s stock surges after asset sales announced, dividend suspended
Shares of PBF Energy Inc. surged 5.7% in premarket trading Monday, after the oil refiner announced spending cuts that includes the suspension of its dividend, and announced the sale of assets for $530 million. The company's last quar.....»»
Bloomin" Brands to cut $40M in costs, continues to mull sale
Bloomin' Brands Inc. said it is targeting $40 million in cost cuts over the next two years and doubled its dividend, but is still considering a sale......»»
Mattel beats profit estimates as cost cuts take hold
Mattel Inc on Thursday beat estimates for quarterly profit as it benefited from a robust cost-cutting program, even as holiday season sales of its flagship Barbie brand in North America were pressured by Hasbro Inc's "Frozen" dolls......»»
Mattel adjusted profit rises on cost cuts, North America Barbie sales dip
Mattel Inc reported a rise in adjusted quarterly profit on Thursday as the company kept a tight leash on costs, even as holiday season sales of its flagship Barbie brand in North America were pressured by Hasbro Inc's "Frozen" dolls......»»
Nokia"s surprise profit rise fails to salvage 2019 dividend
Cost cuts helped Nokia to a surprise rise in its October-December underlying profit on Thursday, although the Finnish telecom network equipment maker flagged tough times ahead and said it would not propose a dividend for 2019......»»
Volvo Cars posts rise in fourth-quarter profit, helped by cost cuts and sales growth
Sweden's Volvo Car Group, owned by China's Geely, reported an 18% rise in fourth-quarter operating profit as cost cuts and growing sales more than offset the impact of subdued global auto markets......»»
Nokia posts surprise quarterly profit rise on cost cuts
Finnish telecom network equipment maker Nokia reported on Thursday a surprise rise in October-December underlying profit, driven by cost cuts, and said most of its 2020 profit will be generated in the fourth quarter......»»
Panasonic posts higher profit on cost cuts, improved battery business with Tesla
Panasonic Corp on Monday reported a 3% rise in third-quarter operating profit, beating analyst estimates, aided by cost cuts and an improvement at the joint battery business with Tesla Inc ......»»
ExxonMobil blows past profit estimates in Q4 buoyed by gain on Norway asset sale
ExxonMobil Corp. said Friday it had net income of $5.690 billion,.....»»
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......»»
Whirlpool profit beats estimates on higher prices, cost cuts
Whirlpool Corp beat analysts' estimates for quarterly earnings and forecast 2020 profit largely above expectations on Monday, as the appliances maker raised prices and reined in expenses to cushion the impact of higher production costs......»»
Wells Fargo"s new chief pledges more cost cuts as profit slumps
Wells Fargo & Co's profit slumped 55% in the fourth quarter as new boss Charles Scharf set aside another $1.5 billion for legal costs related to the bank's sales scandal and promised "fundamental changes.".....»»
Volkswagen brand to post record profit on SUVs, cost cuts: executive
Volkswagen's namesake core brand is on track to post a record operating profit this year thanks to cost savings and its increased sales of sports utility vehicles (SUV's), a senior manager of the unit said......»»
Thyssenkrupp"s elevator unit seeks margin boost ahead of sale
Thyssenkrupp's elevator unit, which has been put up for sale by the ailing conglomerate, aims to improve its profitability through cost cuts, more efficient factories and a higher share of lucrative service contracts, it said on Wednesday......»»
Chemicals maker Dow profit beats estimates on cost cuts
Dow Inc beat Wall Street estimates for third-quarter profit on Thursday as its efforts to cut costs helped offset weaker prices for its chemicals used in making plastics......»»
Daimler third-quarter operating profit up 8%, boosted by Mercedes sales
Daimler reported a slight rise in third-quarter operating profit on Thursday boosted by sales of Mercedes-Benz cars, sending its shares higher, but announced cost cuts and warned legal provisions tied to diesel litigation could rise......»»
Daimler reports third-quarter operating profit rose 8%
Daimler on Thursday announced cost cuts as it reduced its revenue outlook for Mercedes-Benz trucks unit and reported a slight rise in third-quarter operating profit......»»
Daimler third-quarter operating profit down 8% on weaker car and truck sales
Daimler on Thursday announced cost cuts as it reduced its revenue outlook for Mercedes-Benz trucks unit and reported an 8% drop in third-quarter operating profit......»»