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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

PepsiCo moves to profit in 4Q, sees tax benefit

 PepsiCo moved to a profit in its fourth quarter, getting a boost from a large tax benefit as sales in its Frito-Lay unit North America strengthened. Shares rose $2.36, or 2.1%, to $114.95 in Friday... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 16th, 2019

Harley sees 2019 shipments slump, shares drop; will boost Thai investment

Harley-Davidson Inc reported worse-than-expected quarterly profit on Tuesday and forecast a slump in global shipments of its motorcycles in 2019, sending its shares down 5 percent......»»

Category: topSource: reutersJan 29th, 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

Nobel winner: Trump"s tax cuts to boost US economy for two more years

The United States has been a bright spot among advanced economies, partly thanks to President Donald Trump's $1.5 trillion tax reform. But the boost can't last forever......»»

Category: topSource: moneycentral16 hr. 6 min. ago

BMW warns of significant profit fall in 2019, seeks 12 bln eur in cuts

BMW on Wedn.....»»

Category: videoSource: reutersMar 20th, 2019

General Mills sees FY19 adjusted operating profit at high end of 6%-9% growth

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: theflyonthewallMar 20th, 2019

General Mills lifts profit view on cost cuts, price hikes

Consumer goods companies like General Mills have been raising product prices to make up for rising commodities and transportation costs......»»

Category: topSource: foxnewsMar 20th, 2019

BMW warns of significant profit fall in 2019, seeks 12 billion euros in cuts

BMW on Wednesday said it expected group pretax profit to fall by more than 10 percent in 2019 and announced a sweeping 12 billion euro ($13.6 bln) cost savings and efficiency plan to help offset higher technology investment and currency costs......»»

Category: topSource: reutersMar 20th, 2019

FedEx cuts profit forecast again on economy, Express woes

Fed.....»»

Category: topSource: reutersMar 19th, 2019

FedEx cuts 2019 forecast again, shares drop 5 percent

FedEx Corp on Tuesday cut its 2019 profit forecast for the second time in three months, sending its shares down 5 percent and fueling fresh worries it is losing ground in Europe to delivery rivals United Parcel Service Inc and Deutsche Post DHL Group......»»

Category: topSource: reutersMar 19th, 2019

FedEx misses earnings estimates, cuts full-year EPS forecast again

Package delivery company FedEx Corp missed analysts' estimates for quarterly profit and cut its full-year earnings per share forecast for the second time, citing weaker global trade growth, sending its shares down 5 percent on Tuesday......»»

Category: topSource: reutersMar 19th, 2019

The Fed: In press conference, Powell to emphasize economy strong enough not to need a rate cut

Fed Chairman Jerome Powell will likely be a little more upbeat about the economy than he was in January in an effort not to boost the market’s expectation of interest-rate cuts ahead......»»

Category: topSource: marketwatchMar 19th, 2019

Steel Dynamics Sees Lower Q1 Earnings on Weaker Sheet Profit

Steel Dynamics (STLD) expects earnings for Q1 in the band of 88-92 cents per share, lower than 96 cents per s.....»»

Category: dealsSource: nytMar 19th, 2019