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

PVH cuts profit forecast as CEO sees retail softness, shares tank

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

Category: topSource: reutersMay 29th, 2019

Fed"s Daly sees inflation moving back up to 2% target

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.....»»

Category: topSource: marketwatchMay 23rd, 2019

Best Buy sees solid second quarter as tech services boost profit margin

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......»»

Category: topSource: reutersMay 23rd, 2019

Novartis CEO sees chance to accelerate profit margin target

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......»»

Category: topSource: reutersMay 23rd, 2019

SoftBank Corp to spend $4 billion to up Yahoo Japan stake, sees profit rising 24 percent

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......»»

Category: topSource: reutersMay 8th, 2019

Ericsson shares hit four-year high after profit tops forecasts for fifth quarter

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......»»

Category: topSource: reutersApr 17th, 2019

Wells Fargo cuts net interest income outlook, sending shares lower

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......»»

Category: topSource: reutersApr 12th, 2019

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

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

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

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

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

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

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

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

Morgan Stanley sees longer turnaround path for Symantec, cuts to Underweight

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

Category: blogSource: theflyonthewallJun 11th, 2019

Oil rises as Saudi sees producers sticking with ongoing supply cuts

Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia should keep supplies restricted at current levels, and in relief that the United States withdrew a tariff threat against Mexico, removing a cloud over the global economy......»»

Category: topSource: reutersJun 10th, 2019

NewsWatch: Fed rate cuts could boost the S&P 500 this much, says Barclays

Our chart of the day from Barclays says months and a year after a Fed rate cut, the S&P 500 keeps climbing......»»

Category: topSource: marketwatchJun 5th, 2019