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Ryanair profit hits four-year low, warns of further pain

Ryanair reported its weakest annual profit in four years and said earnings could fall further. Edward Baran reports......»»

Category: videoSource: reutersMay 20th, 2019

Ryanair posts third quarter profit but warns 737 MAX woes could delay growth target

Ryanair cheered investors with a return to profit in the third quarter but warned its target of flying 200 million passengers per year may be delayed two years due to the grounding of Boeing's 737 MAX jet......»»

Category: topSource: reutersFeb 3rd, 2020

The Wall Street Journal: Ryanair warns its profits will be hurt by Boeing 737 Max grounding

Ryanair Holdings PLC, Europe’s biggest budget airline and the region’s largest customer for Boeing Co.’s 737 Max jets, warned profit would be dented this year by the plane’s global grounding......»»

Category: topSource: marketwatchMay 20th, 2019

Morgan Stanley books Archegos loss, but profit hits new high

Morgan Stanley's first-quarter profit more than doubled from a year earlier, reporting a profit of $4.1 billion, despite the bank's record performance being offset by Archegos losses......»»

Category: topSource: foxnewsApr 16th, 2021

Honda declines to give outlook as profit slides amid coronavirus pandemic

Honda Motor Co on Tuesday posted its lowest operating profit in four years and refrained from releasing an earnings outlook for the current business year as the coronavirus pandemic hits global car demand......»»

Category: topSource: reutersMay 12th, 2020

USPS reports whopping loss, warns of pandemic pain

The U.S. Postal Service on Friday said it lost $4.5 billion in the quarter ending in March, more than double its loss over the same period last year, and warned COVID-19 could hurt its finances severely over the next 18 months......»»

Category: topSource: moneycentralMay 8th, 2020

Hiwin hits 12-year low profit in 1Q20

Mechanical motion control component maker Hiwin Technologies has reported net loss of NT$131 million (US$4.3 million) for first-quarter 2020, the worst quarterly profitability since 2008......»»

Category: topSource: digitimesMay 6th, 2020

Britain"s Sainsbury"s warns of $623 million coronavirus hit to profit

British supermarket group Sainsbury's warned the impact of the coronavirus pandemic on current year profit could be over 500 million pounds ($623 million) and said decisions on paying dividends to shareholders would be deferred......»»

Category: topSource: reutersApr 30th, 2020

Britain"s Sainsbury"s warns of $623 million hit to profit from coronavirus

British supermarket group Sainsbury's warned the impact of the coronavirus pandemic on current year profit could be over 500 million pounds ($623 million) and said it would defer any dividend payment decisions until later this year......»»

Category: topSource: reutersApr 30th, 2020

Britain"s Sainsbury"s warns coronavirus profit impact could be £500 million

British supermarket group Sainsbury's estimated a profit impact of 500 million pounds ($623 million) from the coronavirus pandemic and said it would defer any dividend payment decisions until later in the financial year......»»

Category: topSource: reutersApr 30th, 2020

Samsung warns of second-quarter profit fall as coronavirus hits sales of phones, TVs

Samsung Electronics Co Ltd said on Wednesday it expected profit to decline in the current quarter due to a coronavirus-related slump in sales of smartphones and TVs, although the chip business would remain solid......»»

Category: topSource: reutersApr 29th, 2020

Samsung expects profit decline as pandemic hits sales

Samsung Electronics Co. said Wednesday its operating profit for the first three months of 2020 rose 3.4% from a year earlier driven by increasing demands for computer chips. .....»»

Category: topSource: moneycentralApr 29th, 2020

Deutsche Bank warns of 67% drop in profits compared to last year as the coronavirus decimates performance but it expects to post a first quarter profit

Sean Gallup/Getty Images Deutsche Bank said in a pre-release statement Sunday that it exp.....»»

Category: topSource: businessinsiderApr 27th, 2020

Morgan Stanley profit plunges, warns of more pain ahead

Morgan Stanley posted a 32% fall in quarterly profit on Thursday as the coronavirus pandemic stalled dealmaking and warned that the crisis would continue to weigh on its operations in the coming months......»»

Category: topSource: reutersApr 16th, 2020

JPMorgan Profit Plunges To 7 Year Low On $6.8 Billion In Loan Loss Reserves As Dimon Warns Of "Severe Recession"

JPMorgan Profit Plunges To 7 Year Low On $6.8 Billion In Loan Loss Reserves As Di.....»»

Category: blogSource: zerohedgeApr 14th, 2020

JPMorgan Profit Plunges To 7 Year Low On Billions In Loan Losses As Dimon Warns Of "Severe Recession"

JPMorgan Profit Plunges To 7 Year Low On Billions In Loan Losses As Dimon Warns Of "Severe Recession" And so the worst quarterly earnings season since the financial crisis (at least until the catastrophic Q2 earnings) is .....»»

Category: blogSource: zerohedgeApr 14th, 2020

Britain"s Tesco warns coronavirus costs could top $1 billion

Britain's biggest retailer Tesco estimated a hit of up to 925 million pounds ($1.1 billion) from the costs of dealing with the coronavirus pandemic and warned it couldn't give profit guidance for the current financial year......»»

Category: topSource: reutersApr 8th, 2020

India"s Tata Motors warns of JLR profit hit due to coronavirus

Indian automaker Tata Motors has warned of lower profit at its British luxury car brand Jaguar Land Rover (JLR) for the fiscal year as sales in China have taken a hit because of the coronavirus outbreak......»»

Category: topSource: reutersMar 6th, 2020

Dow Jones Newswires: BASF profit and sales fall as it warns of coronavirus impact

BASF SE said Friday that net profit and sales for the fourth quarter fell, and it warned of the negative effects of the coronavirus for the current year......»»

Category: topSource: marketwatchFeb 28th, 2020

Dow Jones Newswires: Air France-KLM warns of coronavirus hit as 2019 profit falls

The Franco-Dutch carrier reported a net profit of 290 million euros ($313.1 million) in 2019 down EUR130 million from with the same period a year earlier......»»

Category: topSource: marketwatchFeb 20th, 2020

Royal Caribbean cancels 18 cruises, warns coronavirus hit to yearly profit

Royal Caribbean Cruises Ltd on Thursday said it had canceled 18 cruises in Southeast Asia and joined larger rival Carnival Corp in warning that its full-year earnings would be hit by the coronavirus outbreak......»»

Category: topSource: reutersFeb 13th, 2020