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Gold miner Newmont posts 641% jump in profit

Newmont Corp. earned $837 million in the first quarter as gold prices surged......»»

Category: topSource: foxnewsMay 5th, 2020

VW"s Skoda operating profit drops 25% in first-quarter, expects biggest hit in first-quarter

Operating profit at Czech carmaker Skoda Auto, part of the Volkswagen Group , fell 25% in the first quarter to 307 million euros as the new coronavirus outbreak started to bite, the company said on Monday......»»

Category: topSource: reutersMay 4th, 2020

GE profit spikes, overcoming aviation drag

The Boston-based conglomerate earned $6.16 billion, or 72 cents a share, as total revenues fell 8 percent to $20.52 billion......»»

Category: topSource: foxnewsApr 29th, 2020

CSX First-Quarter Net Profit Falls But Operating Ratio Reaches Record

CSX Corporation (NASDAQ: CSX) first-quarter net profit fell 7.7% amid lower revenues and a record operating ratio. First-quarter 2020 net income was $770 million, or $1 a share, c.....»»

Category: earningsSource: benzingaApr 23rd, 2020

Wells Fargo profit decimated as coronavirus boosts loan-loss provisions

The fourth-largest U.S. lender's quarterly profit fell to $42 million, or 1 penny per share, from  $5.51 billion, or $1.20 per share, a year earlier......»»

Category: topSource: foxnewsApr 14th, 2020

Ford expects loss of $600 million for first quarter

Ford Motor Co said on Monday it expects first-quarter adjusted loss before interest and taxes to be about $600 million, compared with a profit of $2.4 billion a year earlier......»»

Category: topSource: reutersApr 13th, 2020

Top 3 Stifel execs earned almost $20M in 2019

The top three executives at Stifel Financial Corp.’s (NYSE: SF) received compensation totaling $19.63 million in 2019, up from $12.28 million in 2018......»»

Category: topSource: bizjournalsApr 10th, 2020

HC SemiTek suffers net loss of over CNY1 billion for 2019

The second largest China-based LED epitaxial wafer and chip maker HC SemiTek suffered net loss of CNY1.048 billion (US$152 million) for 2019, compared with net profit of CNY244 million for 2018, according to the company......»»

Category: topSource: digitimesApr 10th, 2020

Here"s how much Speedway"s top executive earned last year

The president of Dayton's largest company got a 45% bump in compensation last year. Timothy Griffith, president of Enon-based Speedway LLC, earned $6.5 million in total compensation in 2019 — a $2 million increase from 2018, according to a filin.....»»

Category: topSource: bizjournalsMar 9th, 2020

TTI Delivers a Decade of Record Results

Sustained Success by Accelerating the Transition to Cordless Tools    HONG KONG, March 4, 2020 /PRNewswire/ -- Highlights 2019* US$' million 2018 US$' million     Changes Sales 7,667 7,021 +9.2% Gross profit mar.....»»

Category: earningsSource: benzingaMar 4th, 2020

Loss widens – and stock falls – at St. Louis-based building supplier

Huttig Building Products Inc.'s stock fell Monday on weak results. The St. Louis-based distributor of building material for residential construction said sales in 2019 totaled $812 million, off 3% from 2018. The company's yearly loss widened to $21.3 .....»»

Category: topSource: bizjournalsMar 2nd, 2020

UBS CEO"s pay slips to $1 million a month as Swiss bank"s top bosses pocket $113 million

UBS Chief Executive Sergio Ermotti, one of Europe's best paid bankers, earned 12.5 million francs in 2019, down from 14.1 million in 2018 after the bank was hit with a multi-billion-euro court case and it missed earnings goals......»»

Category: topSource: reutersFeb 28th, 2020

Here"s what Bank of America"s CEO earned in 2019

Bank of America Corp. CEO Brian Moynihan raked in $26.5 million in compensation in 2019, according to a filing with the Securities and Exchange Commission. The amount is the same as his compensation in 2018. It includes $1.5 million in base salar.....»»

Category: topSource: bizjournalsFeb 10th, 2020

Ford shakes up top management three days after weak profit outlook

Ford Motor Co on Friday named top executive Jim Farley its chief operating officer, positioning him as potential heir to Chief Executive Officer Jim Hackett and shaking up its top management three days after a weak 2020 profit outlook......»»

Category: topSource: reutersFeb 7th, 2020

Ford shares fall 8% after disappointing 2020 profit outlook

Shares of Ford Motor Co fell nearly 8% on Wednesday, a day after the automaker forecast a lower profit for 2020, surprising analysts who also criticized the company's management for holding back details on the earnings shortfall......»»

Category: topSource: reutersFeb 5th, 2020

Corning sees profit drop in 2019

Corning has reported its full-year 2019 revenues grew 2% annually to reach US$11.5 billion, while net income for the year arrived at US$960 million, falling 10% compared to 2018's US$1.07 billion......»»

Category: topSource: digitimesJan 29th, 2020

McCormick profit falls, sales come up short in fourth quarter

McCormick & Co. Inc. shares fell in trading on Tuesday morning after the spice maker reported sales rose during the fourth quarter but profit fell because of taxes. Hunt Valley-based McCormick reported a profit of $213.4 million, or $1.59 per sha.....»»

Category: topSource: bizjournalsJan 28th, 2020

E-Trade stock falls after mixed Q4 results for discount broker

E-Trade Financial Corp. late Thursday reported mixed fourth-quarter earnings, missing per-share expectations but beating revenue forecast, and the stock fell in the extended session. E-Trade said it earned $172 million, or.....»»

Category: topSource: marketwatchJan 23rd, 2020

Southwest profit plunges as 737 Max grounding bites

The Dallas-based airline earned $514 million, or 98 cents per share, as sales rose 0.4 percent year-over-year to $5.7 billion......»»

Category: topSource: foxnewsJan 23rd, 2020

Dow Jones Newswires: STMicroelectronics net profit falls, revenue increases

The European semiconductor chip maker said net profit fell 6.2% year-on-year to $392 million, with revenue increasing 4% to $2.75 billion......»»

Category: topSource: marketwatchJan 23rd, 2020