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Tesla shares soar 21% as surprise profit answers skeptics
Tesla Inc on Wednesday surprised investors by posting a profitable third quarter, boosted by record deliveries, cost cuts and improved production schedules for its new electric vehicle model, causing shares to soar in after-market trading......»»
Tesla surprises with quarterly profit on record deliveries, shares up 21%
Tesla Inc on Wednesday surprised investors by posting a profitable third quarter, boosted by record deliveries, cost cuts and improved production schedules for its new electric vehicle model, causing shares to soar in after-market trading......»»
Kansas City Southern profit beats, signals strength in fourth quarter
Railroad operator Kansas City Southern on Friday reported a better-than-expected quarterly profit, helped by an increase in refined fuel shipments to Mexico and ongoing cost cuts......»»
Kansas City Southern profit beats, fueled by Mexico petroleum shipments
Railroad operator Kansas City Southern on Friday reported a better-than-expected quarterly profit, helped by an increase in refined fuel shipments to Mexico and ongoing cost cuts......»»
Citigroup profit boosted by tax benefit as revenue rises 1%
Citigroup Inc. said Tuesday it had net income of $4.9 billion, or $2.07 a share, in the third quarter, up from $4.6 billion, or $1.73 a share, in the year-earlier period. The results.....»»
Campbell"s profit beats estimates on cost cuts, shares rise
U.S. food company Campbell Soup Co reported better-than-expected fourth-quarter profit, benefiting from cost cuts, sending shares up 5% before the bell......»»
Kohl"s cuts 2019 margin forecast on tariffs, first half promotions cost Â
Kohl's Corp forecast a steeper decline in full-year profit margin despite better-than-expected quarterly earnings, because of the cost of more aggressive promotions in the first half and potential hit from new tariffs on imports from China......»»
The Wall Street Journal: Barclays plans more cost cuts after disappointing quarter
Barclays plans more cost cuts to offset challenging business conditions, after net profit slid 19% in the second quarter......»»
Halliburton profit beats as company cuts cost; shares rise
Halliburton Co on Monday beat analysts' estimates for second-quarter profit as its largest oil-well services unit exceeded expectations, putting the company's shares on track for the biggest one-day gain in nearly three years......»»
Halliburton profit beats as company cuts cost; shares surge
Halliburton Co on Monday beat analysts' estimates for second-quarter profit as its Completions and Production unit outperformed expectations, pushing its shares up 6.8 percent in early trading......»»
BlackRock profit misses estimates, hit by lower fees for lending stocks
BlackRock Inc , the world's largest asset manager, took in less cash last quarter as investors moved into lower-cost bond funds, and it made less money lending out stocks......»»
BlackRock"s profit hit by lower fees for lending stocks
BlackRock Inc , the world's largest asset manager, took in less cash last quarter as investors moved into lower-cost bond funds, and it made less money lending out stocks......»»
Union Pacific cost cuts sheltered profit amid freight slowdown
Union Pacific Corp on Thursday reported a quarterly profit that beat Wall Street estimates, as the U.S. railroad operator cut costs and raised rates to overcome disruptions from record floods in the Midwest and ongoing U.S.-China trade tensions......»»
Lufthansa eyes cost cuts to return Eurowings to profit
Lufthansa's budget airline Eurowings will aim to cut costs by 15% over the next three years and focus on short-haul flights as part of a plan to return to profit by 2021, the German carrier said on Monday......»»
Why Frontier Communications May See Little Benefit From Its Big Asset Sale
It probably sounds like great news when a company is selling assets for more than six times its market cap. In this instance, it may only be a small blip......»»
Investors Are Still Underestimating GM and Ford
The top two U.S. automakers are eliminating lots of white-collar positions. But cost cuts aren't the only way they are positioning themselves for profit growth......»»
Viacom profit beats on cost cuts, success of "Bumblebee"
Media company Viacom Inc beat quarterly profit estimates on Friday, as costs fell and its Paramount Pictures division gained from the success of its movies "Bumblebee" and "What Men Want"......»»
VW shrugs off 1 billion euro legal hit with higher SUV sales
Sales of higher-margin sports utility vehicles and cost cuts helped Volkswagen shrug off a 1 billion euro legal charge to meet first-quarter operating profit forecasts on Thursday, sending its shares 4.7 percent higher......»»
Volkswagen shrugs off 1 billion euro legal hit with higher SUV sales
Sales of higher-margin sports utility vehicles and cost cuts helped Volkswagen shrug off a 1 billion euro legal charge to meet first-quarter operating profit forecasts on Thursday, sending its shares 4.5 percent higher......»»
Verizon raises profit forecast, loses more phone subscribers
Verizon Communications Inc on Tuesday raised its 2019 profit forecast and beat Wall Street estimates for quarterly profit as it focuses on cost cuts, but the U.S. wireless carrier lost more phone subscribers than analysts had expected......»»