GM Sees Boost to Profit From Job Cuts

Ferrari said on Monday it had cut its core profit estimates for the year to reflect the impact of the coronavirus crisis, expected to mainly affect second quarter results......»»

Heineken , the world's second largest brewer, forecast lower barley and aluminum costs would help to boost profits this year, when its long-serving chief executive will step down......»»

Dow Inc beat Wall Street's estimates for quarterly profit and revenue on Wednesday, helped by growth in volumes in Asia as well as lower costs, and the chemicals maker pointed to a recovery in demand this year as trade tensions ease......»»

Airline profits are on course to fall faster than expected in 2019 as trade wars hit global commerce and broader confidence, the industry's main global body said on Wednesday, while predicting a modest recovery next year......»»

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PVH Corp cut its full-year profit forecast for the second time this year on Wednesday, as the Calvin Klein owner sees pressure from the protracted U.S-China trade tensions and the ongoing protests in Hong Kong......»»

PVH Corp cut its full-year profit and revenue forecast on Wednesday, as the Calvin Klein owner sees pressure from the escalating trade tensions between the U.S. and China and the ongoing protests in Hong Kong......»»

Orient Overseas (International) Line (OOIL), a provider of ocean carrier and logistics services, reported a turn.....»»

United Technologies Corp expects its acquisition of aero parts maker Rockwell Collins to add an extra $150 million to full-year sales in 2019 and 15 cents per share to its profit, Chief Financial Officer Akhil Johri has told Reuters......»»

PVH Corp cut its annual profit forecast by 10 c.....»»

Both a tight labor market and concern among businesses about their profit margins should boost inflation as the year unfolds, San Francisco Fed President Mary Daly said on Thu.....»»

Best Buy Co Inc forecast second-quarter sales and profit above estimates on Thursday, as more people signed up for the consumer electronics retailer's subscription-based tech support services and shopped on its website and app......»»

Novartis could reach its main drugs business's margin target "a little sooner" than 2022, as it now forecasts, as it cuts costs and as new drugs including gene therapy accelerate, Chief Executive Vas Narasimhan told investors......»»

Japanese telco SoftBank Corp said on Wednesday it would spend $4 billion to up its stake in Yahoo Japan and turn the internet company into a subsidiary, which would help boost its profit by 24 percent this year......»»

Ericsson posted a first-quarter profit on Wednesday that swept past forecasts due to strong growth in North America and cost cuts, spurring the telecom equipment maker to boost its full-year outlook for the global networks market......»»

Wells Fargo & Co's aggressive cost cutting helped boost its quarterly profit, but shares in the lender fell after it dialed back its outlook for how much net interest income it would bring in this year......»»

Ford Motor.....»»

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

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......»»

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......»»