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Truck maker Volvo profit falls less than expected amid pandemic pain

Sweden's AB Volvo reported a smaller-than-expected fall in quarterly operating earnings on Thursday as service sales held up in the face of tumbling sales and orders of its trucks as demand evaporated in the face of the coronavirus......»»

Category: topSource: reutersApr 23rd, 2020

P&G profit rises amid stockpiling of toilet paper, diapers

Procter & Gamble's quarterly earnings rose sharply as consumers stockpiled on everything from diapers to toilet paper amid sweeping lockdowns to curb the spread of the coronavirus. Fred Katayama reports......»»

Category: videoSource: reutersApr 17th, 2020

P&G beats profit estimates as consumers stock up on toilet rolls, detergents

Procter & Gamble Co beat expectations for quarterly profit on Friday as consumers stocked up on everything from diapers and detergents to toilet rolls amid sweeping lockdowns around the world to curb the spread of the coronavirus......»»

Category: topSource: reutersApr 17th, 2020

P&G profit tops estimates as shoppers stock up on diapers, toilet rolls

Procter & Gamble Co beat Wall Street expectations for quarterly profit on Friday as consumers stockpiled on everything from diapers and detergent to toilet rolls amid sweeping lockdowns to curb the spread of the coronavirus......»»

Category: topSource: reutersApr 17th, 2020

Goldman Sachs profit halves on higher loan loss provisions, investment hit

Goldman Sachs reported a 49 percent drop in quarterly profit......»»

Category: topSource: foxnewsApr 15th, 2020

Toll Brothers profit slides amid luxury-home sales dip

The home-construction company reported $56.9 million in earnings in the quarter ended Jan. 31......»»

Category: topSource: foxnewsFeb 26th, 2020

SoftBank set for sharp quarterly profit drop amid pressure from Elliott

Japan's SoftBank Group is expected to post a slide in profits for the past quarter, deepening concern about its ability to secure funding for a second Vision Fund and giving activist fund Elliott Management more fodder for a shake-up......»»

Category: topSource: reutersFeb 10th, 2020

Microsoft cloud revenue regains momentum, sending profit above Street estimates

Microsoft Corp on Wednesday reported quarterly sales and profit that beat Wall Street expectations, driven by the first acceleration of Azure cloud computing revenue growth in eight quarters amid a pitched battle with Amazon.com Inc’s cloud unit......»»

Category: topSource: reutersJan 29th, 2020

Goldman profits slump on 1MDB legal woes

Goldman Sachs Group Inc reported a bigger-than-expected fall in quarterly profit on Wednesday as the Wall Street bank set aside more money to cover legal costs for the 1MDB corruption scandal, overshadowing a rebound in its trading business......»»

Category: topSource: reutersJan 15th, 2020

BlackRock profit beats as exchange-traded funds boom

BlackRock Inc , the world's largest asset manager, beat analysts' estimates for quarterly profit on Wednesday, as more money rolled into its cash management business and exchange-traded funds amid concerns of slowing global growth......»»

Category: topSource: reutersJan 15th, 2020

Nike again beats quarterly sales and profit expectations

Nike Inc. on Thursday reported quarterly sales and earnings ahead of Wall Street expectations. The sportswear giant said sales climbed 10 percent in the quarter ended Nov. 30 to $10.3 billion, ahead of the $10.09 billion expected by analysts. The compa.....»»

Category: topSource: bizjournalsDec 19th, 2019

Cost Woes Cause GD Express To Deliver A Smaller Profit

Courier, domestic and international logistics company, and parcel delivery specialist GD Express (BM: 0078) of Kuala Lumpur, Malaysia, reported a slowdown in its latest quarterly results. GD Express' financial year runs from July to June so t.....»»

Category: earningsSource: benzingaNov 29th, 2019

Earnings: Apple supplier Foxconn beats forecasts

Taiwan's Foxconn, a key Apple supplier, posted a better-than-expected 23% rise in quarterly profit on Wednesday. David Pollard reports......»»

Category: videoSource: reutersNov 13th, 2019

Dunkin" profit beats as costs dip, defends in competitive breakfast and coffee market

Dunkin' Brands Group Inc reported better-than-expected quarterly profit amid lower costs on Thursday and raised its forecast for 2019, betting on investments to improve delivery and new menu items to boost growth......»»

Category: topSource: reutersOct 31st, 2019

Dunkin" profit beats as costs dip, defends in competitive breakfast and coffee market

Dunkin' Brands Group Inc reported better-than-expected quarterly profit amid lower costs on Thursday and raised its forecast for 2019, betting on investments to improve delivery and new menu items to boost growth......»»

Category: topSource: reutersOct 31st, 2019

KKR earnings slide 23% as weaker deal activity hits revenue

Private equity firm KKR & Co reported a 23% year-on-year drop in its quarterly after-tax distributable profit on Tuesday, as fee revenue slid amid a broader slowdown in asset sales by buyout firms......»»

Category: topSource: reutersOct 29th, 2019

Amazon slides as U.S. stocks struggle for direction

Nearly 80 percent of companies have exceeded quarterly expectations......»»

Category: topSource: foxnewsOct 25th, 2019

Hyundai third-quarter profit misses estimates, dogged by quality woes

Hyundai Motor's quarterly net profit widely missed analyst estimates, after the South Korean automaker booked additional charges to address potential engine defects in the United States and its home market......»»

Category: topSource: reutersOct 24th, 2019

Lockheed Martin profit climbs, expects lower cash flow in 2020; shares dip

Lockheed Martin Corp raised its estimate for 2019 earnings on Tuesday as quarterly profit climbed 9.2% amid improved sales of its F-35 fighter jets, but it forecast a lower cash flow for next year and shares dipped in afternoon trading......»»

Category: topSource: reutersOct 22nd, 2019

McDonald"s shares drop after rare profit miss

McDonald's reported a quarterly profit that missed Wall Street estimates for the first time in two years as it invested heavily in sprucing up U.S. outlets and speeding up delivery, sending its shares down 4 percent. Yahaira Jacquez reports......»»

Category: videoSource: reutersOct 22nd, 2019