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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......»»

Category: topSource: reutersMay 12th, 2020

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......»»

Category: topSource: reutersApr 15th, 2020

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.....»»

Category: topSource: bizjournalsMar 5th, 2020

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......»»

Category: topSource: reutersJan 15th, 2020

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......»»

Category: topSource: washpostDec 18th, 2019

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......»»

Category: topSource: reutersNov 4th, 2019

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......»»

Category: topSource: moneycentralJun 25th, 2019

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......»»

Category: topSource: moneycentralJun 25th, 2019

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......»»

Category: topSource: reutersJun 25th, 2019

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%......»»

Category: topSource: reutersJun 25th, 2019

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......»»

Category: videoSource: reutersMay 16th, 2019

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......»»

Category: topSource: reutersMay 3rd, 2019

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......»»

Category: topSource: reutersMay 2nd, 2019

DowDuPont profit falls 28 percent on delayed shipments, weak chemical demand

D.....»»

Category: topSource: reutersMay 2nd, 2019

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......»»

Category: topSource: reutersApr 29th, 2019

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......»»

Category: topSource: reutersApr 26th, 2019

Chevron profit falls 27 percent on lower oil prices, Anadarko deal in focus

Chevro.....»»

Category: topSource: reutersApr 26th, 2019

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......»»

Category: topSource: reutersApr 26th, 2019

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......»»

Category: topSource: reutersApr 26th, 2019

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......»»

Category: topSource: reutersApr 26th, 2019