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Deutsche Bank warns of 67% drop in profits as the coronavirus decimates performance

Sean Gallup/Getty Images Deutsche Bank said in a pre-release statement Sunday that it expects its net income to drop to €66 million ($72 million) as the impact of coronavirus ta.....»»

Category: topSource: businessinsiderApr 27th, 2020

Credit Suisse warns over coronavirus uncertainties after first-quarter earnings beat

Credit Suisse Group AG posted a 75% rise in first-quarter net profit on Thursday, even as it cautioned the global coronavirus pandemic could impact performance in coming quarters......»»

Category: topSource: reutersApr 23rd, 2020

Morgan Stanley warns of more pain ahead as coronavirus bites profits

In January, just before the virus started spreading around the world, Morgan Stanley boosted its performance targets and set new goals for cost-cutting......»»

Category: topSource: foxnewsApr 16th, 2020

NewsWatch: Stock-index futures fall as Trump issues grim warning on coronavirus pandemic

Stock-index futures point to a lower start for stocks Wednesday after the market logged its worst quarterly performance since 2008, as President Donald Trump warns that a “very, very painful” two weeks lies ahead as the COVID-19 pandemic continues......»»

Category: topSource: marketwatchApr 1st, 2020

Market Snapshot: Stock-index futures fall as Trump issues grim warning on coronavirus pandemic

Stock-index futures point to a lower start for stocks Wednesday after the market logged its worst quarterly performance since 2008, as President Donald Trump warns that a “very, very painful” two weeks lies ahead as the COVID-19 pandemic continues......»»

Category: topSource: marketwatchApr 1st, 2020

Disney warns in filing COVID-19 makes it hard to estimate its financial performance

Walt Disney .....»»

Category: topSource: marketwatchMar 19th, 2020

The Ratings Game: Nio stock falls after Citi downgrade warns that new partnership isn’t a cure-all

Shares of Chinese electric-car maker Nio Inc. are falling after a Citi analyst expresses concerns about the company’s “underwhelming” performance as of late, as well as a new arrangement with the government of Hefei......»»

Category: topSource: marketwatchMar 2nd, 2020

Columbia Sportswear warns of coronavirus impact

Columbia Sportswear on Thursday warned investors that coronavirus will impact the company's 2020 financial performance. The company declined to offer specific guidance, saying the "dynamic nature" of the outbreak makes it difficult to predict wha.....»»

Category: topSource: bizjournalsFeb 27th, 2020

Shell warns of weak economic outlook despite bumper profit

Royal Dutch Shell Plc said the worsening economy could slow the pace of returns to shareholders, overshadowing a strong third-quarter trading performance that yielded bumper profits......»»

Category: topSource: moneycentralOct 31st, 2019

XLMedia warns on revenue, earnings

The digital-marketing company said that regulatory headwinds continue to create trading uncertainty in July and August its performance was weaker than expected.....»»

Category: topSource: marketwatchSep 23rd, 2019

FedEx profit beats estimates, warns of pain in 2020 from trade war

Package delivery company FedEx Corp beat Wall Street estimates for quarterly profit on Tuesday, but warned that U.S.-China trade tensions and the non-renewal of its contract with Amazon.com Inc would hurt its fiscal 2020 performance......»»

Category: topSource: reutersJun 25th, 2019

FedEx warns 2020 results to be hurt by trade war, shares fall 2%

Package delivery company FedEx Corp beat Wall Street estimates for quarterly profit on Tuesday, but warned its fiscal 2020 performance would be hurt by trade uncertainty and non-renewal of Amazon contract, sending its shares down 2%......»»

Category: topSource: reutersJun 25th, 2019

PetIQ"s stock tumbles toward biggest ever one-day drop after short seller warns of up to 90% downside

Shares of PetIQ Inc. plunged 13.1% in morning trade Tuesday, putting them on track for their worst one-day performance since going.....»»

Category: topSource: marketwatchApr 30th, 2019

Trader Warns "Today Could Be The Canary Moment"

Via Bloomberg's Richard Breslow, South Korea’s GDP miss was a bad one. The Shanghai Composite fell 2.4%, bringing its week-to-date performance to negative 4.5%. Swedenâ.....»»

Category: blogSource: zerohedgeApr 25th, 2019

NATO Chief Warns "Alliance May Not Survive"

With President Trump's performance at last year's NATO summit still fresh in the minds of its members, NATO's continued existence has probably never before seemed as tenuous as it does right now. Trump has blasted NATO.....»»

Category: blogSource: zerohedgeJun 22nd, 2018

Trader Warns Yesterday"s Big Equity Bounce "Is No Reason To Declare Victory"

Yesterday’s equity market performance was an impressive thing to watch. While the post-ramp narrative of great earnings and good data was assigned to be its catalyst, that was bullshit - t.....»»

Category: blogSource: zerohedgeOct 17th, 2018

Carl Icahn Warns On Corporate Debt Explosion

Billionaire investor Carl Icahn on the Federal Reserve, corporate debt, taxes, President Trump’s job performance, the mainstream media’s opposition to the presi.....»»

Category: blogSource: valuewalkJan 7th, 2019

Tesla warns on Q4 profit, cuts jobs to pull down Model 3 price

Electric-car maker Tesla Inc. will cut “approximately” 7% of its full-time workforce and warned that Q4 profit won’t meet the performance of Q3, CEO Elon Musk said in an update Friday......»»

Category: topSource: marketwatchJan 18th, 2019

McDonald"s warns of headaches in 2019 as overseas business booms

McDonald's Corp warned higher labor costs, expenses for remodeling stores and a stronger dollar would weigh on its earnings in 2019, after a strong performance outside the United States powered better-than-expected fourth quarter results......»»

Category: topSource: reutersJan 30th, 2019

Gilead Sciences Stock Is Sinking After Its Earnings Fell Short of Expectations

Analyst warns that the disappointing fourth-quarter earnings report could be a harbinger of more lackluster performance to come......»»

Category: topSource: barronsFeb 6th, 2019