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Daimler 2019 profit down by half, diesel scandal weighs
German luxury car maker Daimler on Wednesday issued its third profit warning for 2019, as costs related to the diesel scandal, heavy investment in electric vehicles and production issues weighed on earnings......»»
Daimler warns on profit again, blames diesel and recall costs
Luxury carmaker Daimler cut its profit forecast for the fourth time in 13 months on Friday, as it set aside more money to cover a regulatory crackdown on diesel emissions and vehicle recalls related to Takata airbags......»»
Daimler slumps as diesel costs wipe out profit growth
Daimler shares fell as much as 5% on Monday after the German automaker cut its profit forecast for the third time in 12 months, saying it was setting aside hundreds of millions of euros to cover a regulatory crackdown on diesel emissions......»»
Daimler issues profit warning on diesel-related costs
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»
Daimler issues profit warning on diesel woes, shares hit five-year low
German luxury carmaker Daimler AG issued its second profit warning in four months on Friday, saying that costs from "government proceedings and measures in various regions" affecting its diesel vehicles were mainly to blame......»»
UnitedHealth first-quarter profit falls 2.5%
UnitedHealth Group Inc reported a 2.5% fall in first-quarter profit on Wednesday, hurt by higher medical costs......»»
HSBC sets new cost cutting, profit targets after 2019 profit falls 33%
HSBC Holdings PLC on Tuesday unveiled plans to cut costs and simplify its structure to boost earnings, after its 2019 profit dropped 33% hit by one-time write-offs linked to its investment banking and commercial banking businesses in Europe......»»
Siemens Healthineers first-quarter profit falls on higher diagnostic gear costs
Siemens Healthineers' operating income slipped 11% in the first quarter, despite higher revenue, as the German company sold less profitable imaging machines and incurred ramp-up costs for its new blood-testing machines......»»
Southwest quarterly profit falls on mounting 737 MAX costs
Southwest Airlines Co reported a 21% fall in fourth-quarter profit on Thursday due to Boeing 737 MAX costs and warned that it will likely extend flight cancellations beyond June as the jets look set to remain parked well into this year......»»
Goldman Sachs profit falls on investment banking weakness, higher costs
Goldman Sachs Group Inc reported a 26% drop in quarterly profit on Wednesday, hurt by weakness in its investment banking business and higher operating costs......»»
FedEx profit falls 40% amid higher costs, loss of Amazon
The package delivery company also cut its earnings expectations for the year. Its stock tumbled almost 7% in after-hours trading Tuesday......»»
Chevron"s profit falls due to weaker oil and gas prices
Chevron Corp reported a 36% drop in third-quarter profit on Friday, hit by lower oil and gas prices and refining margins, and warned higher costs would affect results in its current quarter, sending shares lower......»»
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......»»
Ford"s third-quarter profit falls, full-year profit outlook cut
Ford Motor Co on Wednesday posted a lower quarterly profit as it took charges for its global restructuring, and reduced its full-year operating profit forecast due to higher warranty and incentive costs, as well as lower-than-expected sales in China......»»
Dow Jones Newswires: Profit for online retailer ASOS falls 68% on costs
SOS PLC said Wednesday that pretax profit fell 68% in fiscal 2019 after investing in building a larger scale in both the EU and U.S., but said it has started the new fiscal year well......»»
Daimler vows to cut costs after one-offs bring loss
Luxury carmaker Daimler said it would intensify cost cuts after legal risks for diesel-related issues and the cost of replacing Takata airbags triggered a 1.56 billion euros ($1.74 billion) loss before interest and taxes in the second quarter......»»
Mercedes-Benz Maker Warns on Q2 Profit
German automaker Daimler warned Monday that an increased provision to deal with the company's diesel emissions troubles will reduce profits to last year's level......»»
Daimler issues profit warning over costly diesel issues
The company said in a news release that it would be hit by “a high three-digit million†euro increase in charges related to ongoing government proceedings and measures related to diesel vehicles......»»
Daimler warns on 2019 profit outlook as diesel issues bite
Daimler cut its 2019 earnings outlook on Sunday after lifting provisions for issues related to its diesel vehicles by hundreds of millions of euros......»»
Daimler cuts profit expectations on diesel issues
Daimler has cut its earnings outlook for this year after lifting provisions for issues related to diesel vehicles by "a high three-digit million euro amount", the carmaker said on Sunday......»»