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UnitedHealth first-quarter profit falls 2.5%
UnitedHealth Group Inc reported a 2.5% fall in first-quarter profit on Wednesday, hurt by higher medical costs......»»
Dow Jones Newswires: Rio Tinto annual net profit falls on writedowns
The world’s second-biggest miner by market value on Wednesday reported a net profit of US$8.01 billion for 2019, down from a profit of US$13.64 billion a year earlier......»»
HSBC sets new cost cutting, earnings targets after profit falls 33%
The wider strategy overhaul also comes amid slowing economic growth in HSBC's major markets.....»»
Dow Jones Newswires: HSBC Holdings profit plunges 53%, will suspend buybacks amid revamp
HSBC Holdings PLC’s 2019 net profit plunged 53% due to a substantial amount of goodwill impairment, the bank said Tuesday, as it plans to introduce a slew of measures to cut down costs and restructure the company......»»
HSBC sets new cost cutting, earnings targets after 2019 profit falls 33%
HSBC Holdings PLC on Tuesday unveiled plans to cut $100 billion in assets, slash its investment bank and restructure in the United States and Europe, as it launched its biggest overhaul in years in a bid to improve returns......»»
Siemens Healthineers first-quarter profit falls on higher diagnostic gear costs
Siemens Healthineers' operating income slipped 11% in the first quarter, despite higher revenue, as the German company sold less profitable imaging machines and incurred ramp-up costs for its new blood-testing machines......»»
Southwest quarterly profit falls on mounting 737 MAX costs
Southwest Airlines Co reported a 21% fall in fourth-quarter profit on Thursday due to Boeing 737 MAX costs and warned that it will likely extend flight cancellations beyond June as the jets look set to remain parked well into this year......»»
Goldman Sachs profit falls on investment banking weakness, higher costs
Goldman Sachs Group Inc reported a 26% drop in quarterly profit on Wednesday, hurt by weakness in its investment banking business and higher operating costs......»»
FedEx profit falls 40% amid higher costs, loss of Amazon
The package delivery company also cut its earnings expectations for the year. Its stock tumbled almost 7% in after-hours trading Tuesday......»»
Chevron"s profit falls due to weaker oil and gas prices
Chevron Corp reported a 36% drop in third-quarter profit on Friday, hit by lower oil and gas prices and refining margins, and warned higher costs would affect results in its current quarter, sending shares lower......»»
HSBC"s U.S.-listed stock falls 3.6% after Q3 profit miss
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»
Ford"s third-quarter profit falls, full-year profit outlook cut
Ford Motor Co on Wednesday posted a lower quarterly profit as it took charges for its global restructuring, and reduced its full-year operating profit forecast due to higher warranty and incentive costs, as well as lower-than-expected sales in China......»»
Dow Jones Newswires: Profit for online retailer ASOS falls 68% on costs
SOS PLC said Wednesday that pretax profit fell 68% in fiscal 2019 after investing in building a larger scale in both the EU and U.S., but said it has started the new fiscal year well......»»
GoDaddy quarterly profit falls short of estimates as costs still weigh
Web hosting company GoDaddy Inc reported first-quarter profit below Wall Street expectations on Thursday, weighed down by persistent rising costs and slower customer growth, sending its shares 6 percent lower in after-hours trading......»»
Time Warner Operating Profit Falls on Higher Costs
Time Warner adjusted operating income fell more than 8%, dropping across Turner, HBO and Warner Bros., as rising expenses offset revenue gains in some segments......»»
HSBC Q1 Pre-tax Earnings Down on High Costs, Stock Falls 4%
Rise in expenses primarily hurt HSBC's Q1 results. Also, the share buyback plan worth $2 billion was not enough for investors as the stock declines in pre-market trading. HSBC Holdings HSBC recorded firs.....»»
GM profit falls, higher commodity costs hurt 2018 outlook
The Detroit automaker reported quarterly net income of $2.39 billion, or $1.81 a share......»»
Trump tariffs bite into GM 2018 profit forecast, stock falls
General Motors lowered its full-year 2018 earnings forecast, citing higher steel and aluminum costs as a result of tariffs imposed by U.S. President Donald Trump's administration, sending its shares down. Fred Katayama reports......»»
Rising costs and U.S. settlement crimp HSBC"s first-half profit
HSBC Holdings Plc posted a small increase in first-half pretax profit, as rising expenses from investments in a new growth strategy and a $765 million settlement for alleged mis-selling of U.S. mortgage securities ate into higher revenues......»»
Rising costs crimp HSBC"s first-half profit
HSBC reported a pretax profit of $10.7 billion in the six months through June, but invstors were disappointed by rising expenses from investments in the company's new growth strategy. Thuy Ong reports......»»