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GM Sees Boost to Profit From Job Cuts

General Motors said its earnings are picking up speed, with added momentum due to come this year from plant closures and job cuts denounced by President Trump......»»

Category: smallbizSource: wsjJan 12th, 2019

Delta sees fuel costs dropping

Delta says fuel costs will drop and strong travel demand will boost profit in 2019. As Fred Katayama reports, United is bucking the trend by expanding its flight network as rivals scale back plans......»»

Category: videoSource: reutersDec 13th, 2018

Volkswagen to cut another $3.4 billion in costs to boost margins

Volkswagen announced another 3 billion euros ($3.4 billion) of cost cuts on Thursday in an effort to speed up an improvement in profit margins at its core VW brand......»»

Category: topSource: reutersDec 6th, 2018

Starbucks cuts 5 percent of its corporate workers

Starbucks, on a mission to boost profit and appease apprehensive investors, is dismissing about 5 percent of its non-restaurant workers......»»

Category: topSource: moneycentralNov 13th, 2018

Starbucks cuts 5 percent of its corporate workers

Starbucks, on a mission to boost profit and appease apprehensive investors, is dismissing about 5 percent of its non-restaurant workers......»»

Category: topSource: moneycentralNov 13th, 2018

Ex-Fed"s Yellen sees meager pick-up from Trump tax cuts

PARIS (Reuters) - U.S. President Donald Trump's tax cuts are likely to give only a meager boost to productivity growth in the United States, former Federal Reserve chief Janet Yellen said on Thursday......»»

Category: topSource: reutersJun 28th, 2018

IMF Sees U.S. Potential Growth at Half the Pace of White House Estimates

The International Monetary Fund warned that the economic boost from last year’s tax cuts in the U.S. will fade in 2019 and 2020, and the U.S. economy will then slow considerably......»»

Category: smallbizSource: wsjJun 14th, 2018

Tax Cuts Give Ford"s First-Quarter Profit a Boost

Ford Motor.....»»

Category: futuresSource: nasdaqApr 25th, 2018

Qualcomm Job Cuts Total 4.4% So Far

Chip maker Qualcomm began laying off employees, pursuing a promise to investors to boost profit by shedding $1 billion in expenses......»»

Category: smallbizSource: wsjApr 19th, 2018

China"s Military Cuts Ground Force By Half In Major "Transformation" To Boost Navy, Air Force

China's People's Liberation Army (PLA) has announced major changes aimed to transform itself .....»»

Category: blogSource: zerohedge8 hr. 48 min. ago

Deutsche Boerse sees 2018 net profit growth 17% vs. outlook of over 10%

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewall12 hr. 33 min. ago

UBS sees bumpy road ahead after fourth-quarter profit miss

UBS warned of a tough start to 2019 after fourth-quarter earnings fell short of expectations in conditions Chief Executive Sergio Ermotti described as "historically tough"......»»

Category: topSource: reutersJan 22nd, 2019

UBS posts fourth-quarter pre-tax profit miss, sees bumpy road ahead

UBS on Tuesday posted a $690 million fourth-quarter pre-tax profit, hit by a slowdown in its flagship wealth management business and weaker earnings in its investment bank......»»

Category: topSource: reutersJan 22nd, 2019

Tesla to cut workforce by 7 percent, sees small fourth-quarter profit

Tesla Inc said on Friday it would cut thousands of jobs to rein in costs as it plans to increase production of lower priced versions of its crucial Model 3 sedan, sending its shares down 7 percent......»»

Category: topSource: reutersJan 18th, 2019

Tesla warns on Q4 profit, cuts jobs to pull down Model 3 price

Electric-car maker Tesla Inc. will cut “approximately” 7% of its full-time workforce and warned that Q4 profit won’t meet the performance of Q3, CEO Elon Musk said in an update Friday......»»

Category: topSource: marketwatchJan 18th, 2019

Tesla sees GAAP profit in Q4, "but less than Q3"

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 18th, 2019

Tesla to cut workforce by 7 percent, sees smaller fourth-quarter profit

Tesla Inc said it would cut thousands of jobs to rein in costs as it ramps up production of its crucial Model 3 sedan, and the electric car maker expects fourth-quarter profit to be lower than the previous quarter, sending its shares down 7 percent......»»

Category: topSource: reutersJan 18th, 2019

The Wall Street Journal: Canadian oil is at smallest discount to U.S. in a decade as output cuts pay off

Canadian crude prices have surged to trade at the smallest discount to U.S. oil in a decade, marking an early success for provincial-government efforts to cap supply and boost the country’s income......»»

Category: topSource: marketwatchJan 17th, 2019

Alcoa swings to GAAP profit, sees aluminum deficit, alumina surplus for 2019

Shares of Alcoa Inc. rose in the extended session Wednesday after the company swung to a GAAP profit in the fourth quarter. Alcoa said it earned $43 million, or 23 cents a share, in the quarter, versus a loss of.....»»

Category: topSource: marketwatchJan 16th, 2019

Ford sees weaker-than-expected fourth quarter, uncertainty in 2019

Ford Motor Co forecast a weaker-than-expected fourth quarter profit, and said on Wednesday tariffs could erode 2019 earnings by about $700 million, sending its shares down 2 percent in early trading......»»

Category: topSource: reutersJan 16th, 2019

Goldman"s stock set to deliver a more than 40-point jolt to Dow after quarterly results top estimates

The Dow Jones Industrial Average was set to see a boost from component Goldman Sachs , which delivered quarterly results that were better than expected in both profit and revenue during what .....»»

Category: topSource: marketwatchJan 16th, 2019