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Saudi Aramco first-quarter net profit falls 25% as oil prices slump
Saudi Arabian state oil giant Aramco on Tuesday reported a 25% fall in first-quarter net profit, below analyst estimates, hurt by lower crude oil prices as the coronavirus slashed demand......»»
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......»»
Toro says wet weather hurt sales, predicts "modest" supply impact from virus
Shares of The Toro Co. fell over 5 percent Thursday morning after the company posted weaker-than-expected sales for the first quarter, though it still topped profit estimates. Bloomington, Minn.-based Toro (NYSE: TTC) posted earnings of $70.1 mill.....»»
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......»»
Oil falls on caution ahead of economic data, offsets trade deal optimism
Oil prices eased on Monday as traders took profit ahead of fresh European and U.S. economic data, despite hopes for some resolution to the U.S.-China trade row that has hurt global economic growth and crimped energy demand......»»
FedEx loses $2 billion, warns of headwinds in coming year
FedEx Corp. posted weak quarterly results in its core express business and warned Tuesday that its profit in the year ahead will be hurt by slowing growth in the world economy and the decision to drop a contract with retail giant Amazon......»»
FedEx loses $2 billion, warns of headwinds in coming year
FedEx Corp. posted weak quarterly results in its core express business and warned Tuesday that its profit in the year ahead will be hurt by slowing growth in the world economy and the decision to drop a contract with retail giant Amazon......»»
FedEx profit beats estimates, warns of pain in 2020 from trade war
Package delivery company FedEx Corp beat Wall Street estimates for quarterly profit on Tuesday, but warned that U.S.-China trade tensions and the non-renewal of its contract with Amazon.com Inc would hurt its fiscal 2020 performance......»»
FedEx warns 2020 results to be hurt by trade war, shares fall 2%
Package delivery company FedEx Corp beat Wall Street estimates for quarterly profit on Tuesday, but warned its fiscal 2020 performance would be hurt by trade uncertainty and non-renewal of Amazon contract, sending its shares down 2%......»»
Thomas Cook shares slump to new lows amid Brexit uncertainty
Thomas Cook shares plummetted 20 percent to a 6-1/2 year low after the travel group issued its third profit warning in less than a year. As Pascale Davies reports, it fears consumer uncertainty will hurt its performance during the peak summer season......»»
Fiat Chrysler first-quarter adjusted EBIT falls 29 percent as sales slow
Fiat Chrysler (FCA) said on Friday its adjusted operating profit fell 29 percent in the first quarter as sales slowed in its North American profit center in Europe......»»
GoDaddy quarterly profit falls short of estimates as costs still weigh
Web hosting company GoDaddy Inc reported first-quarter profit below Wall Street expectations on Thursday, weighed down by persistent rising costs and slower customer growth, sending its shares 6 percent lower in after-hours trading......»»
Samsung Electronics first quarter profit falls 60% on-year as weak chip prices bite
Samsung Electronics Co Ltd posted a 60 percent drop in first-quarter operating profit on Tuesday, hit by falls in chip prices and slowing demand for display panels......»»
Daimler hurt by production delays at Mercedes, China slowdown
Daimler's first-quarter operating profit fell 16 percent on Friday as a 718 million euro ($800 million) one-off gain failed to offset raw material costs, technology investments and production delays at three Mercedes-Benz factories......»»
ADM considers ethanol spinoff as first-quarter profit falls on severe weather
Archer Daniels Midland Co said on Friday it was considering spinning off its ethanol business after slim biofuel margins and Midwestern floods slammed the U.S. grains merchant's profit, which tumbled 41 percent in the first quarter......»»
Daimler first-quarter hurt by production delays at Mercedes, China slowdown
Daimler's first-quarter operating profit fell 16 percent on Friday as a 718 million euro ($800 million) one-off gain failed to offset costs from a production delay for its Mercedes-Benz GLE and higher raw material costs......»»
Daimler first-quarter hurt by China slowdown, raw material costs
Daimler's first-quarter operating profit fell 16 percent despite a 718 million euros one-off gain, it said on Friday, as a 4 percent drop in sales of Mercedes-Benz cars, higher raw material costs and investments weighed on earnings......»»