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CCL firm Elite Material posts nearly 40% profit decrease in 2018

Copper-clad laminate (CCL) maker Elite Material (EMC) has reported net profits fell 37.3% to NT$1.75 billion (US$56.8 million) in 2018, while revenues slipped about 3% on year to NT$22.89 billion......»»

Category: topSource: digitimesMar 28th, 2019

Ford To Invest $900 Million, Hire 900 For New Electric Vehicle Plant In Michigan

No sooner did news break that Ford will be laying off 5,000 workers in Germany than it was also reported that the company's CEO, Jim Hackett, saw his pay rise to $17.75 million in 2018, despite what can only be described as a lackl.....»»

Category: blogSource: zerohedgeMar 20th, 2019

Ford CEO Gets Raise After 1000s Of New Job Cuts & "Mediocre By Any Standard" Year

No sooner did news break that Ford will be laying off 5,000 workers in Germany than it was also reported that the company's CEO, Jim Hackett, saw his pay rise to $17.75 million in 2018, despite what can only be described as a lack.....»»

Category: blogSource: zerohedgeMar 17th, 2019

Victoria"s Secret parent L Brands shares fall after profit warning

L Brands Inc. shares fell 3.3% in Thursday premarket trading after the Victoria's Secret parent issued a first-quarter profit warning. Sales for the four weeks ended May 5, 2018 rose 4% to $751.6 million from $719.6 .....»»

Category: topSource: marketwatchMay 10th, 2018

Bed Bath & Beyond stock tanks after company misses views

Shares of Bed Bath & Beyond Inc. fell 15% in the extended session Wednesday after the retailer missed Wall Street profit and sales expectations for the second quarter. Bed Bath & Beyond said it earned $48.6 million, or 36 cents.....»»

Category: topSource: marketwatchSep 26th, 2018

Ford CEO Appeals for Wall Street to Believe After Profit Miss

Ford Motor Co. boss Jim Hackett took on Wall Street’s criticism that he’s moved too slowly and shared too little about restructuring plans, asking analysts to believe in his “thoughtful” approach while posting profit that fell short of estimates......»»

Category: topSource: moneycentralJan 16th, 2019

After profit miss, Ford asks Wall Street to keep the faith

Ford Motor Co. boss Jim Hackett took on Wall Street’s criticism that he’s moved too slowly and shared too little about restructuring plans, asking analysts to believe in his “thoughtful” approach while posting profit that fell short of estimates......»»

Category: topSource: moneycentralJan 16th, 2019

Ford CEO tells employees: "Time to bury" 2018, focus on doubling profit

Ford Motor Co Chief Executive Jim Hackett told employees late on Thursday the No. 2 U.S. automaker would not accept last year's "mediocre" results and said the company was aiming to nearly double its annual operating profit......»»

Category: topSource: reutersJan 24th, 2019

Taxes, plant closings and wild weather: AEP"s profit up in blustery 2018

Regulations, tax reform and tariffs all impacted American Electric Power Company Inc. in 2018, but at the end of the day, it was the weather that made the biggest difference. The Columbus-based utility's earnings fell to $363.4 million in the fourth.....»»

Category: topSource: bizjournalsJan 25th, 2019

Arena Pharmaceutical shares slide after drug maker reports disappointing financial results

Shares of Arena Pharmaceuticals Inc. declined in Wednesday's extended session after the drug company posted quarterly results that fell short of expectations. Arena reported it swung to a first-quarter profit of $620.1 million, or $12.53 a share.....»»

Category: topSource: marketwatchMay 8th, 2019

Investments, legal charge put brakes on BMW

BMW's first-quarter operating profit fell 78 percent to 589 million euros, despite higher deliveries of luxury vehicles, as the carmaker felt the effects of higher investment spending and a 1.4 billion euro ($1.6 bln) legal provision......»»

Category: topSource: reutersMay 7th, 2019

BMW quarterly profit tumbles 78 percent, hit by 1.4 billion euro legal provision

BMW's first-quarter operating profit fell 78 percent to 589 million euros, despite higher deliveries of luxury vehicles, as the carmaker felt the effects of higher investment spending and a 1.4 billion euro ($1.6 bln) legal provision......»»

Category: topSource: reutersMay 7th, 2019

Douglas Dynamics Reports First Quarter 2019 Results

First Quarter Highlights: Produced record first quarter net sales of $93 million, an 11% increase over 1Q18 Gross Profit increased 15% to $23 million compared to Q1 2018 Segments reorganized to reflect new ope.....»»

Category: earningsSource: benzingaMay 6th, 2019

MediaTek gross margin rebounds above 40%

MediaTek has reported net profit fell 16.2% sequentially to a four-quarter low of NT$3.42 billion (US$110,5 million) in the first quarter of 2019, but gross margin climbed 2.3pp on year and 1.8pp on quarter to 40.7% thanks to a favorable product mix......»»

Category: topSource: digitimesMay 3rd, 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

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

Uber files its IPO, pointing to a profit — sort of

Uber Technologies Inc. filed its long-awaited initial public offering documents April 12 and at first blush its financial performance for 2018 looked surprisingly good, with net income of $977 million on revenue of $11.3 billion. But on an adjuste.....»»

Category: topSource: bizjournalsApr 12th, 2019

Montefiore, backed by state grants, reports slim profit

Montefiore Health System's operating income fell 3.2%, to $53.5 million, last year compared to 2017, with grants to its most cash-strapped hospitals from the state pushing it into the black. The... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 7th, 2019

Tottenham reveals record $148M profit for soccer team

Tottenham has earned a record profit for a soccer team of nearly 113 million pounds ($148 million)......»»

Category: topSource: foxnewsApr 4th, 2019