Advertisements



Citigroup Q3 profit up 7.6% on asset sale benefit, cost cuts

The fourth-biggest US bank by assets said on Thursday that net income rose to $4.13 billion in the third quarter.....»»

Category: topSource: business-standardOct 12th, 2017

Citigroup profit rises on asset sale benefit, cost cuts

(Reuters) - Citigroup Inc reported a 7.6 percent increase in quarterly profit from a gain on an asset sale, lower costs and better-than-expected trading revenue......»»

Category: topSource: reutersOct 12th, 2017

Tight leash on costs helps Citigroup trump Wall Street view

(Reuters) - Citigroup Inc's quarterly profit and revenue beat Wall Street expectations as the bank kept a tight lid on costs, booked a gain from an asset sale and saw strength in equity underwriting......»»

Category: topSource: reutersOct 12th, 2017

Citigroup profit rises on asset sale gain, lower costs

(Reuters) - Citigroup Inc reported a higher quarterly profit as it kept costs lower, recorded a large gain from an asset sale and had a smaller-than-expected decline in trading revenue......»»

Category: topSource: reutersOct 12th, 2017

Sears posts quarterly profit on Craftsman sale, cost cuts

(Re.....»»

Category: topSource: reutersMay 25th, 2017

Citigroup may benefit less from tax cuts than other U.S. banks

NEW YORK (Reuters) - Citigroup Inc stands to get less of a profit boost than other big U.S. banks from lower corporate tax rates expected from the new government in Washington......»»

Category: topSource: reutersJan 10th, 2017

UniCredit Plans $13.8 Billion Stock Sale, Cuts to Boost Profit - Bloomberg

BloombergUniCredit Plans $13.8 Billion Stock Sale, Cuts to Boost ProfitBloombergUniCredit SpA plans to raise 13 billion euros ($13.8 billion) in a rights offer, betting that a balance-sheet cleanup and cost cuts will persuade investors that Italy's bi.....»»

Category: topSource: googlenewsDec 13th, 2016

Nike"s quarterly profit beats on strong China demand

(Reuters) - Nike Inc reported higher-than-expected quarterly profit on Tuesday, as the world's largest footwear maker benefited from strong demand in China, its third-biggest market, and cost cuts......»»

Category: topSource: reutersSep 26th, 2017

Macy"s profit benefits from cost cuts, tops estimates

(Reuters) - Department store chain Macy's Inc reported a higher-than-expected rise in quarterly profit, as it continued to close stores and keep a tight leash on inventory in a gloomy U.S. retail industry......»»

Category: topSource: reutersAug 10th, 2017

Kohl"s spikes as comp sales beat (KSS)

(Kena Betancur/Getty(Reuters) - Department store operator Kohl's Corp reported better-than-expected quarterly profit and comparable sales, helped by a sales boost in the final month of the quarter and cost cuts, sending its shares up 4 pe.....»»

Category: topSource: businessinsiderAug 10th, 2017

Kohl"s quarterly profit, comp sales beat estimates

(Reuters) - Department store operator Kohl's Corp reported better-than-expected quarterly profit and comparable sales, helped by a sales boost in the final month of the quarter and cost cuts, sending its shares up 4 percent in premarket trading......»»

Category: topSource: reutersAug 10th, 2017

Sprint swings to a profit, helped by cost cuts - CNBC

CNBCSprint swings to a profit, helped by cost cutsCNBCSprint on Tuesday swung to a profit for the first time in three.....»»

Category: topSource: googlenewsAug 1st, 2017

Sprint swings to a profit, helped by cost cuts

NEW YORK (Reuters) - Sprint Corp on Tuesday swung to a quarterly profit for the first time in three years as the No. 4 U.S. wireless carrier slashed costs and added subscribers......»»

Category: topSource: reutersAug 1st, 2017

Honda reports 19 percent rise in profit on sales, cost cuts

Japanese automaker Honda Motor Co. is reporting a nearly 19 percent improvement in fiscal first quarter profit on better sales and cost cuts.....»»

Category: topSource: abcnewsAug 1st, 2017

BP Swings Back to Profit on Higher Crude Prices

British oil giant BP returned to profit in the second quarter and demonstrated its ability to generate cash again, with slightly higher oil prices than last year and deep cost cuts lifting earnings......»»

Category: smallbizSource: wsjAug 1st, 2017

A strong 2Q for Merck, outlook mixed

Sustained cost cuts helped push second-quarter profit at Merck up 61 percent, easily topping Wall Street expectations, as growing sales of new cancer and hepatitis C medicines offset growing competition that older drugs face from generics......»»

Category: topSource: abcnewsJul 28th, 2017

Dow Chemical"s operating profit up on price gains, cost cuts

(Reuters) - Chemicals and seeds company Dow Chemical Co , which is merging with DuPont , reported higher operating earnings, helped by price gains across businesses and cost cuts......»»

Category: topSource: reutersJul 27th, 2017

Volkswagen profit jumps as core brand pushes cost cuts, models

Volkswagen said group operating profit more than doubled in the second quarter, helped by cost cuts and higher-margin new models at its core namesake brand......»»

Category: topSource: moneycentralJul 27th, 2017

VW profit jumps as core brand pushes cost cuts, models

BERLIN (Reuters) - Volkswagen said group operating profit more than doubled in the second quarter, helped by cost cuts and higher-margin new models at its core namesake brand......»»

Category: topSource: reutersJul 27th, 2017

Boeing shares hit record after cost cuts lift second-quarter profit

NEW YORK (Reut.....»»

Category: topSource: reutersJul 26th, 2017

GM profit beats expectations

General Motors reported a better-than-expected quarterly net profit, helped by cost cuts, and promised to cut production. Fred Katayama reports......»»

Category: videoSource: reutersJul 26th, 2017