GE power unit faces three-year turnaround despite orders report
General Electric Co expects its core power-plant business to lose significant cash this year and does not expect large improvement in that unit's cash flow margins for at least three years, the company's chief financial officer said on Wednesday......»»
Airbus faces record fourth-quarter delivery task to hit goal
Airbus shares rose on Tuesday as investors bet a 13.5% rise in nine-month deliveries put it within reach of a full-year goal despite factory snags, while the cancellation of five jets from struggling Norwegian Air took the edge off 41 new orders......»»
Transcom enjoys robust GaAs demand for niche device applications
Transcom, a Taiwan-based GaAs chip and foundry company, is expected to report impressive financial results for 2019 thanks mainly to robust orders for niche-market power amplifiers, according to market sources......»»
Kroger to lay off hundreds, as questions about turnaround linger
Shares of Kroger, which also owns Harris Teeter, Ralphs, Fred Meyer, and other brands, are down nearly 9% year-to-date, as it faces heightened competition from discount grocers Aldi and Lidl, as well as Walmart and Albertsons......»»
Kroger to lay off hundreds, as questions about its turnaround plan linger
Shares of Kroger, which also owns Harris Teeter, Ralphs, Fred Meyer, and other brands, are down nearly 9% year-to-date, as it faces heightened competition from discount grocers Aldi and Lidl, as well as Walmart and Albertsons......»»
Kroger to lay off hundreds, as questions about its turnaround plan linger
Shares of Kroger, which also owns Harris Teeter, Ralphs, Fred Meyer, and other brands, are down nearly 9% year-to-date, as it faces heightened competition from discount grocers Aldi and Lidl, as well as Walmart and Albertsons......»»
McDermott"s stock plummets toward 16-year low after WSJ report of hiring of turnaround consultant
Shares of McDermott International Inc. plunged 72% to a 16-year low in afternoon tr.....»»
Project Fear Returns: "Leaked" Report Shows UK Faces Food, Fuel, & Drugs Shortages In No-Deal Brexit
Though some small details have leaked over the past year, the British public has never seen the entirety of its government's plan for coping with a 'no deal' Brexit. But with that outcome looking increasingly likely, the Sunday Times has managed to get .....»»
JLL Report: East Coast Port Share Of U.S. 20-Foot Box Traffic Neared 49 Percent Last Year
East Coast seaports captured nearly 49 percent of all U.S. 20-foot equivalent unit (TEU) container traffic in 2018, nearly a 47 percent gai.....»»
Earnings Outlook: Snap earnings: With stock up more than 170%, investors looking for turnaround
Snap shares have soared this year on expectations that the company is finally turning its business around, and the Snapchat maker will be looking to prove that narrative with its next earnings report......»»
Cramer Remix: Now is your chance to buy into this miraculous turnaround story
Jim Cramer explains why he thinks now is the time to invest in Dine Brands, even as the parent company of IHOP and Applebee's faces tougher year-over-year comparisons......»»
Earnings Outlook: Snap earnings: Investors need to see clear signs of a turnaround
Snap shares have soared this year on expectations that the company is finally turning its business around, and the Snapchat maker will be looking to prove that narrative with its next earnings report......»»
PG&E must respond to news report about faulty power lines, judge orders
PG&E Corp. was ordered Wednesday by a federal j.....»»
APS can"t prove it followed rules prior to shut-off that led to woman"s death, regulators say
Arizona Public Service Co. cannot prove it followed the rules prior to shutting off the power of a Sun City West woman who died of heat-related issues last year, according to a new report. The Associated Press reports staff with the Arizona Corporat.....»»
Wedbush Calls Tesla A "Code Red Situation" Sending Stock Crashing To 3 Year Low
Tesla shares look as if they are about to spontaneously combust in pre-market trading, set to plummet below $200 for the first time in three years, after Wedbush published a research report saying that the company faces a "K.....»»
GE"s power unit to be "significantly" cash flow negative this year: CFO
General Electric Co expects its core power-plant business to lose significant cash this year and does not expect large improvement in that unit's cash flow margins for at least three years, the company's chief financial officer said on Wednesday......»»
National Houston-based retailer Francesca"s updates store-closure plans, other turnaround efforts
Houston-based boutique retail chain Francesca’s Holding Corp. (Nasdaq: FRAN) released its delayed earnings report on May 3, as expected. On a conference call to discuss fourth-quarter and full-year results for fiscal 2018, which ended Feb. 2, int.....»»
IPO Report: IPO market faces biggest week of 2019 so far with Pinterest, Zoom and Greenlane on tap
The initial public market is bracing for its biggest week of the year so far with eight deals on tap expected to raise $2.5 billion in proceeds......»»
BLU makers Radiant, Coretronic report strong sales for March
Backlit unit (BLU) makers Radiant Optoelectronics and Coretronic have both reported strong sales for March, driven by robust BLU orders for Apple's 7.9-inch iPad mini and 10.5-inch iPad Air, according to industry sources......»»
Economic Report: U.S. factory orders fall for the fourth time in five months, reflecting economic slowdown
Factory orders in the U.S. fell in February for the fourth time in five months, reflecting a slowdown in the economy that began late last year and carried on through the early part of the new year. Orders dropped 0.5% in the month......»»
Arizona solar industry credited with $9.4B in economic impact, thousands of jobs
In a 16-year span, Arizona's solar industry put thousands of people to work building power plants, and it was particularly helpful in rural areas, according to a new report......»»