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Samsung Reports 56% Drop In Third-Quarter Profit
Samsung Electronics Co., Ltd. (KRX: 005930) reported its profits of the third q.....»»
Samsung"s profits fall by half in third quarter
Samsung Electronics was upbeat on Thursday even though it reported that third-quarter operating profit more than halved due to low prices of memory chips, saying chip sales should pick up next year. Ryan Brooks reports......»»
The Wall Street Journal: Samsung’s profits slump sharply, thanks to sagging chip market
Samsung Electronics Co.’s third-quarter net profit fell sharply, pressured by a downturn in the memory-chip market, despite growth at its mobile and display businesses......»»
GM on track to lose nearly $3 billion from strike
Labor action will slice automaker's profits for the year, though latest earnings top analyst forecasts.....»»
GM on track to lose nearly $3 billion from strike
Labor action will slice automaker's profits for the year, though latest earnings top analyst forecasts.....»»
Harley-Davidson tops forecasts as international sales improve
Harley-Davidson Inc reported better-than-expected quarterly profits on Tuesday and stuck to its full-year shipment forecast, allaying fears of another hit from European import tariffs and a further slump in sales in its main U.S. market......»»
Volvo Group Forecasts Chill In New Truck Orders As Q3 Earnings Rise
AB Volvo (OTC: VLVLY) reported higher third-quarter profits and sales on Friday, October 18. read more.....»»
Strong phone sales help Samsung beat forecasts
Strong shipments of Galaxy Note 10 smartphones are limiting forecast profit falls at Samsung Electronics, raising hopes it is getting back on a growth track after years of moribund sales. Julian Satterthwaite reports......»»
Deere cuts full-year earnings forecast after profits miss estimates
Deere & Co.'s third-quarter earnings on Friday missed Wall Street estimates, hurt by the U.S.-China trade war that has dented the demand for farm equipment, forcing the company to revise down its full-year profit and sales growth forecasts......»»
Airbus beats forecasts, but sounds new Brexit alert
Airbus has urged European governments to step up plans for a "likely" no-deal Brexit even as it unveiled stronger than expected second-quarter profits. David Pollard reports......»»
Lloyds Bank plays down Brexit fears as mis-selling charge hits profits again
Lloyds Banking Group played down mounting concerns about Britain's Brexit crisis as it missed first-half profit forecasts due to a much larger than expected charge for mis-selling insurance......»»
Airbus second-quarter profits rise and beat analyst forecasts
Airbus on Wednesday posted stronger-than-expected core second-quarter earnings, led by the switch to efficient new single-aisle jets, and maintained its profit forecast for the year while warning of delivery challenges in the second half......»»
BP profit outstrips forecasts, lifted by higher oil output
BP has caught analysts by surprise as it announced a surge in profits, beating forecasts and offsetting weaker crude oil prices. Joe Davies reports......»»
Truckmaker Volvo lifts market view, picks Samsung for batteries
Sweden's AB Volvo raised its market forecasts for North America and Europe on Thursday, as higher trucks and construction equipment deliveries helped it to top profit estimates......»»
Lufthansa shares tumble after profit warning
Lufthansa shares sank as much as 11 percent on Monday morning after a late Sunday warning that profits could fall far short of forecasts. Julian Satterthwaite reports......»»
Global airlines slash profit forecasts on trade war fears
Global airline profits will be around a fifth lower than forecast as trade tensions and higher oil prices take a toll. Julian Satterthwaite reports......»»
Global airlines slash profit forecasts on trade war fears
Global airline profits will be around a fifth lower than forecast as trade tensions and higher oil prices take a toll. Julian Satterthwaite reports......»»
Top Emirates airline executive resigns after dip in profits
The chief commercial officer at Emirates, the Middle East's largest airline, has resigned after profits dipped to their lowest level in years......»»
Adidas powers to forecast-beating profits
Adidas earnings outpaced forecasts in the first quarter thanks to ecommerce and a strong performance in North America. Julian Satterthwaite reports......»»
Samsung posts revenue and profit declines in 1Q19
Samsung Electronics has reported operating profits of KRW6.2 trillion (US$5.3 billion) on consolidated revenues of KRW52.4 trillion for the first quarter of 2019. The profit and revenue results show declines of 60% and 13%, respectively, on year......»»