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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.....»»

Category: earningsSource: benzingaOct 31st, 2019

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......»»

Category: videoSource: reutersOct 31st, 2019

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......»»

Category: topSource: marketwatchOct 30th, 2019

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.....»»

Category: topSource: moneycentralOct 29th, 2019

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.....»»

Category: topSource: moneycentralOct 29th, 2019

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......»»

Category: topSource: reutersOct 22nd, 2019

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.....»»

Category: blogSource: benzingaOct 18th, 2019

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......»»

Category: videoSource: reutersOct 8th, 2019

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......»»

Category: topSource: reutersAug 16th, 2019

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......»»

Category: videoSource: reutersJul 31st, 2019

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......»»

Category: topSource: reutersJul 31st, 2019

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......»»

Category: topSource: reutersJul 31st, 2019

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......»»

Category: videoSource: reutersJul 30th, 2019

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......»»

Category: topSource: reutersJul 18th, 2019

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......»»

Category: videoSource: reutersJun 17th, 2019

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......»»

Category: topSource: moneycentralJun 3rd, 2019

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......»»

Category: videoSource: reutersJun 3rd, 2019

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......»»

Category: topSource: foxnewsMay 12th, 2019

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......»»

Category: videoSource: reutersMay 3rd, 2019

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......»»

Category: topSource: digitimesMay 3rd, 2019