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Renault"s 2020 vision clouded as "tough" year leads to first loss in a decade

Renault reported its first loss in a decade and cut its 2020 margin target on Friday, as it attempts to draw a line under the Carlos Ghosn affair and reboot its Nissan alliance......»»

Category: topSource: reutersFeb 14th, 2020

Renault sets lower profit goal in crunch reboot year

French carmaker Renault on Friday posted its first loss in 10 years and set a lower operating margin goal for 2020, a crunch year for its planned reboot alongside partner Nissan after a scandal surrounding former boss Carlos Ghosn......»»

Category: topSource: reutersFeb 14th, 2020

2020 Vision: Rally Mode To Start Off Decade As Last Year"s Strength Rolls Along

The new year looks like it’s starting right where the old one left off, with stocks in rally mode to begin the decade and China at the center of things. Major indices ticked higher in pre-market trading and looked like they might set n.....»»

Category: earningsSource: benzingaJan 2nd, 2020

2020 vision: Minority Bar Association leader is excited about plans

Jamila Lee is passionate about her career as an attorney in the court system and her year ahead as president of the Minority Bar Association of Western New York......»»

Category: topSource: bizjournalsFeb 15th, 2020

Sonoma Pharmaceuticals Reports Third Quarter FY 2020 Financial Results

PETALUMA, Calif., Feb. 14, 2020 (GLOBE NEWSWIRE) -- Quarterly Net Loss Reduced by 53% Compared to Prior Year YTD Net Loss Reduced by 82% Compared to Prior Year Total YTD Revenues of $14.4 Million Lower by 2% Compared to Prior Year S.....»»

Category: earningsSource: benzingaFeb 14th, 2020

Renault"s profit was wiped out last year

Renault turned in its worst financial performance in a decade in 2019 as plunging margins in its core business and a dramatic slump in contributions from alliance partner Nissan wiped out its earnings......»»

Category: topSource: moneycentralFeb 14th, 2020

Renault plans $2.2 billion "no taboos" cost cuts after first loss in a decade

Renault's first loss in a decade triggered a no-taboos commitment to cut costs by 2 billion euros ($2.2 billion) over the next three years from the carmaker on Friday, as it tries to put the Carlos Ghosn affair behind it......»»

Category: topSource: reutersFeb 14th, 2020

Renault posts loss, Nissan shares tumble

Nissan shares fell to their lowest in more than a decade on Friday, while the Japanese firm's French partner Renault posted its first loss in 10 years. Ciara Lee reports.....»»

Category: videoSource: reutersFeb 14th, 2020

Nissan shares tumble to ten-and-a-half year low after earnings rout; Renault also suffers

Shares of Nissan Motor Co sank to their lowest in more than a decade on Friday, after deep cuts to the troubled Japanese automaker's earnings forecast and dividend raised questions about its future profitability......»»

Category: topSource: reutersFeb 14th, 2020

2020 Real Estate Tips and Trends

The new year and new decade will bring new trends to the real estate market and see a continuation of some trends that curren.....»»

Category: realestateSource: rismediaFeb 13th, 2020

12 notable airlines have gone out of business in the last 14 months — here"s the full list

OLI SCARFF/AFP/Getty Images The year 2019 was tough for airlines. So far, it looks like 2020 will be the same. Airlines around the world saw a range o.....»»

Category: topSource: businessinsiderFeb 13th, 2020

Dow Jones Newswires: Airbus swings to loss in 2019 and sets 2020 guidance

Airbus said its full-year net loss was 1.36 billion euros ($1.48 billion) compared with a net profit of EUR3.05 billion in 2018......»»

Category: topSource: marketwatchFeb 13th, 2020

11 airlines have gone out of business in the last 12 months — here"s the full list

OLI SCARFF/AFP/Getty Images The year 2019 was tough for airlines. So far, it looks like 2020 will be the same. Airlines around the world saw a range o.....»»

Category: topSource: businessinsiderFeb 12th, 2020

Dow Jones Newswires: TUI widens FY 2020 guidance to reflect 737 MAX grounding

TUI AG on Tuesday widened its full-year profit forecast due to the grounding of Boeing Co.’s (BA) 737 MAX aircraft, as it reported a slightly narrowed net loss for the first quarter of the fiscal year......»»

Category: topSource: marketwatchFeb 11th, 2020

Uber sees profit by end of 2020, but still expects full-year loss

Uber sees profit by end of 2020, but still expects full-year loss.....»»

Category: topSource: moneycentralFeb 7th, 2020

MarketWatch First Take: Uber makes a lot of big promises for 2020 — now it just has to live up to them

Uber Technologies Inc. rewarded investors with a narrower-than-expected loss and an updated forecast for adjusted profits at the end of this year, a promise investors will now be counting on after its positive surprise......»»

Category: topSource: marketwatchFeb 6th, 2020

Uber sees profit by end of 2020, but still expects full-year loss

Uber Technologies Inc on Thursday moved forward by a year its target to achieve a measure of profitability to the fourth quarter of 2020, but the ride-hailing company still expects to lose a total of more than $1 billion this year......»»

Category: topSource: reutersFeb 6th, 2020

Liquidity Services Announces First Quarter Fiscal Year 2020 Financial Results

GMV of $148.6 million -- GAAP Revenue of $49.5 million -- GAAP Net Loss of $5.2 million Non-GAAP Adjusted EBITDA of $(2......»»

Category: earningsSource: benzingaFeb 6th, 2020

FMC Corporation Delivers Strong Fourth Quarter and Full-Year Results

PHILADELPHIA, Feb. 5, 2020 /PRNewswire/ -- Fourth Quarter 2019 Highlights1 Revenue of $1.2 billion, up 9 percent versus recast Q4 2018 Consolidated GAAP net loss of $3 million, or $0.02 per diluted share Total company adjusted EBITDA of $320 millio.....»»

Category: earningsSource: benzingaFeb 5th, 2020

Olin Announces Fourth Quarter 2019 Results

CLAYTON, Mo., Feb. 4, 2020 /PRNewswire/ -- Fourth Quarter 2019 Highlights Fourth quarter 2019 net loss of $77.2 million and adjusted EBITDA of $173.2 million Full year 2019 net loss of $11.3 million and adjusted E.....»»

Category: earningsSource: benzingaFeb 5th, 2020

Dow Jones Newswires: Siemens Gamesa swings to loss and cuts guidance

Siemens Gamesa Renewable Energy SA said Tuesday that it swung to a loss in the first quarter of its fiscal 2020 due to project delays, and lowered its full-year guidance......»»

Category: topSource: marketwatchFeb 4th, 2020