We are Sorry, This Page doesn't Exist
Lufthansa reports loss as fuel costs rise and overcapacity weighs
Lufthansa reported an operating loss of 336 million euros ($380 million) for the first three months of the year, hurt by rising fuel costs and overcapacity in Europe, sending its shares down 5 percent in pre-market trade......»»
Wells Fargo"s cost cuts fuel profit rise, but deposits fall
Wells Fargo & Co reported a 16.4 percent jump in quarterly profit on Friday, as the lender reaped the benefits of aggressive cost cutting......»»
Price hikes drive General Mills profit beat, forecast raise; shares jump
Cheerios cereal maker General Mills racked up higher-than-expected profit in the third quarter after it lifted prices to combat higher costs, spurring a rise in its full-year forecast and driving shares up 6 percent......»»
Global airlines cut profit forecast as fuel, labor costs bite
SYDNEY (Reuters) - Global airlines on Monday lowered their forecast for industry profits in 2018 by 12 percent due to the rising cost of fuel and labor as well as an upturn in the interest rate cycle......»»
Delta slashes 2018 forecast, quarterly profit drops
Delta Air Lines Inc reported a 13.6 percent drop in quarterly profit on Thursday as its operating expenses swelled due to a 38.8 percent jump in fuel costs......»»
Delta cuts 2018 forecast on higher fuel costs, profit beats estimates
Delta Air Lines Inc slashed its full-year earnings forecast on Thursday as fuel costs in the second quarter surged 38.8 percent and the company said it expected $2 billion spike in its fuel bill in 2018......»»
Delta cuts 2018 forecast on higher fuel costs, profit beats estimates
Delta Air Lines Inc (DAL.N) slashed its full-year earnings forecast on Thursday as fuel costs in the second quarter surged 38.8 percent and the company said it expected $2 billion spike in its fuel bill in 2018......»»
Delta"s rising fares offset fuel cost surge
A rise in average fares trumped a nearly 40 percent surgein fuel costs, driving Delta Air Lines' quarterly operating revenue sharply higher. Fred Katayama reports......»»
AmEx rewards program costs cloud strong quarterly results
American Express Co reported a steep rise in quarterly expenses as the credit card issuer spent more to fund its rewards program, overshadowing its profit beat and sending its shares down 3.5 percent in extended trading......»»
Glencore reports 23 percent rise in profit
Glencore on Wednesday reported a 23 percent rise in first-half earnings and a 12 percent increase from its trading division while noting higher production costs for copper and zinc and a still volatile market......»»
American Airlines" profit margin forecast helps shares up
American Airlines shares rose 4 percent on Thursday after the company said its profit margin for the current quarter would be higher than most on Wall Street expected, helped by a dip in fuel costs from their recent spike......»»
Whirlpool says costs, strong dollar to hit 2019 profit, shares fall
U.S. home appliances maker Whirlpool Corp said on Monday its 2019 adjusted profit and revenue are likely to rise less than analysts' expectations due to a higher tax bill, costs and a strong dollar, sending its shares down 6.5 percent after the bell......»»
Twitter stock sinks after weak revenue forecast
Twitter said Thursday that revenue in the first quarter will be weaker than expected while full-year operating costs will rise, sending shares down more than 9 percent......»»
Exxon Mobil beats profit and revenue expectation as commodities prices rise and costs fall; stock pulls back
Exxon Mobil Corp. reported Friday a first-qu.....»»
CVS Health quarterly sales rise 4% on pharmacy boost
However, the company’s profit fell in the quarter ended Dec. 31, hurt by higher costs at its health insurance unit......»»
McDonald"s profit sinks as coronavirus slams sales
The Chicago-based fast-food chain reported first-quarter profit fell 16 percent to $1.1 billion, or $1.47 a share, on revenue of $4.71 billion......»»
American Express profit sinks 76%
American Express' first-quarter profit plunged 76 percent from a year ago as the financial-services provider set aside $2.6 billion for losses......»»
JPMorgan profit sinks to lowest since 2013
JPMorgan Chase & Co. said first-quarter profit tumbled 69% to the lowest in more than six years as credit costs surged, giving investors a first glimpse at the extent of the damage Covid-19 is... To view the full story, click the title link......»»
Oil prices rise on stimulus package, fuel demand sinks
U.S. crude prices rose slightly on Wednesday, bolstered by progress on a massive pending U.S. economic stimulus package, but government data shows the coronavirus pandemic started to hurt U.S. fuel demand last week......»»
Partnership aims to rein in drug costs with competitive approach
For many Americans, a trip to the pharmacy can be a harrowing experience. It’s not because prescription drugs aren’t bringing relief and better health. It’s the prices. They’re expected to rise 5.8 percent this year. And that isn’t even .....»»