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Dow Jones Newswires: AstraZeneca profit misses forecasts and warns outlook hinges on COVID-19

The FTSE 100-listed drug maker reported that core operating profit slid 29% to $1.55 billion......»»

Category: topSource: marketwatchFeb 14th, 2020

Dow Jones Newswires: HSBC profit misses expectations and bank warns of challenging outlook

HSBC said that it expects significant charges in the fourth quarter and “subsequent periods” including possible impairment of goodwill and additional restructuring charges.....»»

Category: topSource: marketwatchOct 28th, 2019

Dow Jones Newswires: Hugo Boss profit misses forecasts, but guides for improvement ahead

The U.S. market environment worsened during the third quarter, Boss said. “Besides lower local demand, also sales generated with tourists decreased in this market,” Boss said......»»

Category: topSource: marketwatchNov 5th, 2019

Dow Jones Newswires: Credit Agricole profit beats forecasts

Credit Agricole SA’s fourth-quarter net profit beat expectations after it rose sharply, supported by one-offs and growing revenue......»»

Category: topSource: marketwatchFeb 14th, 2020

Dow Jones Newswires: Barclays profit misses views as CEO faces regulatory probe over Epstein link

Barclays PLC said Thursday that Chief Executive Officer Jes Staley retains the board’s full confidence despite a U.K. regulatory investigation concerning his relationship with Jeffrey Epstein, as it reported its 2019 results......»»

Category: topSource: marketwatchFeb 13th, 2020

Dow Jones Newswires: Ahold Delhaize profit and revenue beat views

Koninklijke Ahold Delhaize NV reported on Wednesday net profit growth for the fourth quarter of 2019 on rising revenue, beating analysts’ forecasts......»»

Category: topSource: marketwatchFeb 12th, 2020

Dow Jones Newswires: Heineken profit rises and forecasts single-digit earnings growth for 2020

The world’s second-largest brewer said it isn’t possible to assess the extent and duration of the impact of coronavirus on the economy and business at this time......»»

Category: topSource: marketwatchFeb 12th, 2020

Dow Jones Newswires: ING profit tumbles, missing forecasts

ING Groep NV on Thursday reported a significant fall in net profit for the fourth quarter of 2019, reflecting increases in risk costs, expenses and effective tax rate......»»

Category: topSource: marketwatchFeb 6th, 2020

Dow Jones Newswires: Pandora profit beats expectations, but warns of negative sales in 2020

Danish jeweler Pandora A/S said Tuesday that its turnaround program was starting to yield results as it reported better-than-expected fourth-quarter net profit......»»

Category: topSource: marketwatchFeb 4th, 2020

Dow Jones Newswires: UBS misses 2019 targets despite 4Q net profit more than doubling

The bank miss.....»»

Category: topSource: marketwatchJan 21st, 2020

Dow Jones Newswires: LG Electronics 4Q operating profit forecast misses market expectations

The South Korean home-appliance giant said in pre-earnings guidance it anticipates operating profit of 98.60 billion South Korean won ($84.4 million) for the last three months of 2019, compared with KRW75.70 billion a year earlier......»»

Category: topSource: marketwatchJan 8th, 2020

Dow Jones Newswires: Maersk profit beats, but shipping giant cuts container outlook on weak economies, trade dispute

Maersk, which is considered a barometer of global trade, confirmed that revenue slipped 1% to $10.06 billion, as guided in a recent announcement......»»

Category: topSource: marketwatchNov 15th, 2019

Dow Jones Newswires: Burberry profit and revenue up, but warns of hit from Hong Kong unrest

The company cut its gross margin view to fiscal 2020, saying it now expects a 150-basis-point decline, from a 100-basis-point decline previously, as it continues to see disruptions in the higher-margin Hong Kong market......»»

Category: topSource: marketwatchNov 14th, 2019

Dow Jones Newswires: Richemont profit misses expectations despite rising sales

Sales growth was powered by the company’s online distributors, which grew 32%, and jewelry division, where sales rose 8%, Richemont said......»»

Category: topSource: marketwatchNov 8th, 2019

Dow Jones Newswires: Allianz upbeat on outlook after profit edges higher

Allianz said it now sees 2019 operating profit in the upper half of its target range of between EUR11 billion and EUR12 billion......»»

Category: topSource: marketwatchNov 8th, 2019

Dow Jones Newswires: UniCredit’s net profit soars, beating forecasts

Net interest income — the difference between what lenders earn from loans and pay for deposits, and a key profit driver for retail banks — fell 5% to EUR2.56 billion......»»

Category: topSource: marketwatchNov 7th, 2019

Dow Jones Newswires: Siemens net profit and revenue beat forecasts

The company said it achieved its full-year targets for fiscal 2019. As for the next fiscal year, it expects moderate growth in comparable revenue and a moderate decline in market volume for its short-cycle businesses......»»

Category: topSource: marketwatchNov 7th, 2019

Dow Jones Newswires: Marks & Spencer profit rises 52%, but retailer warns of challenging market conditions

The company said that while some improvement in trading is planned in the second half of the year, market conditions remain challenging......»»

Category: topSource: marketwatchNov 6th, 2019

Dow Jones Newswires: Ryanair profit beats forecasts with an 8.2% gain

Ryanair said that due to Boeing 737-MAX-200 aircraft delivery delays, the company will cut or close a number of loss-making bases this winter, leading to pilot and cabin-crew job losses......»»

Category: topSource: marketwatchNov 4th, 2019

Dow Jones Newswires: Dutch lender ING posts 73% profit leap

The Dutch lender made a net profit of EUR1.34 billion for the quarter, up from EUR776 million for the same period last year but lower than consensus forecasts of EUR1.37 billion, taken from FactSet and based on three analysts’ forecasts......»»

Category: topSource: marketwatchOct 31st, 2019

Dow Jones Newswires: Bayer backs guidance as sales rise, profit falls

The company backed its outlook for the year, but adjusted figures to exclude its animal health business and its stake in Currenta, both of which it has agreed to sell......»»

Category: topSource: marketwatchOct 30th, 2019