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Thyssenkrupp second-quarter loss widens as coronavirus impact starts to show

Thyssenkrupp on Tuesday said its second-quarter net loss more than quintupled as the coronavirus pandemic hit all business lines at the struggling steel-to-submarines conglomerate......»»

Category: topSource: reutersMay 12th, 2020

Aston Martin posts deep quarterly loss as pandemic slams brakes on sales

Aston Martin posted a deep first-quarter loss after sales dropped by nearly a third due to the impact of the coronavirus crisis, though the luxury car maker said production of a crucial sport utility vehicle was on track......»»

Category: topSource: reutersMay 13th, 2020

Aston Martin posts deep loss as coronavirus outbreak hits sales

Aston Martin posted a first-quarter pretax loss of 119 million pounds ($146 million) after sales dropped by nearly a third due to the impact of the coronavirus outbreak and the destocking of dealers, the carmaker said on Wednesday......»»

Category: topSource: reutersMay 13th, 2020

Thyssenkrupp faces deep quarterly loss due to coronavirus, shares tank

German conglomerate Thyssenkrupp warned on Tuesday that its operating loss could swell to 1 billion euros ($1.1 billion) in the April to June quarter due to the coronavirus crisis......»»

Category: topSource: reutersMay 12th, 2020

Thyssenkrupp warns of massive third-quarter loss as COVID-19 adds to pain

German conglomerate Thyssenkrupp on Tuesday warned its operating loss could swell to 1 billion euros ($1.1 billion) in the current quarter citing the coronavirus pandemic......»»

Category: topSource: reutersMay 12th, 2020

Air France-KLM loss gives first taste of coronavirus impact

Two weeks of coronavirus shutdown were enough to hit Air France-KLM with an 815 million-euro ($880 million) first-quarter operating loss, the airline group said on Thursday - predicting demand could take "several years" to recover......»»

Category: topSource: reutersMay 7th, 2020

Disney’s dismal earnings show huge impact of coronavirus on entertainment industry

The country’s biggest entertainment company saw operating income drop 37 percent in the quarter ending March 31, as the effects of the pandemic began to spread......»»

Category: dealsSource: nytMay 5th, 2020

Volkswagen sees second-quarter operating loss over coronavirus impact

German carmaker Volkswagen is expecting an operating loss in the current quarter due the impact of the coronavirus pandemic, its chief financial officer said on Wednesday......»»

Category: topSource: reutersApr 29th, 2020

Ford expects $5 billion loss in current quarter as coronavirus hits demand

Ford Motor Co said on Tuesday its second-quarter loss would more than double to over $5 billion from $2 billion in the first quarter due to the impact of the coronavirus pandemic, but added it had enough money despite the crisis to last the rest of 2020......»»

Category: topSource: reutersApr 28th, 2020

Ford posts $2 billion first-quarter loss amid coronavirus

Ford Motor on Tuesday posted a $2 billion first-quarter loss due to the impact of the coronavirus pandemic and said it expected its loss in the second quarter to more than double as it weathers a shutdown of its North American plants......»»

Category: topSource: moneycentralApr 28th, 2020

Ford posts $2 billion first-quarter loss amid coronavirus

Ford Motor on Tuesday posted a $2 billion first-quarter loss due to the impact of the coronavirus pandemic and said it expected its loss in the second quarter to more than double as it weathers a shutdown of its North American plants......»»

Category: topSource: moneycentralApr 28th, 2020

Ford expects $5 billion loss in current quarter due to coronavirus impact

Ford Motor.....»»

Category: topSource: reutersApr 28th, 2020

Here"s what 4 analysts are saying ahead of Netflix"s quarterly earnings — the first to show the impact of coronavirus (NFLX)

Netflix Netflix reports first quarter earnings on Tuesday.  It is one of the first earnings releases that will show the impact of the coronavirus pandemic and US lockdown.....»»

Category: personnelSource: nytApr 21st, 2020

Nio Investors Pull Back After Automaker Posts Wider Q4 Loss, Details Coronavirus Impact

Chinese electric vehicle manufacturer Nio Inc – ADR (NYSE: NIO) reported fourth-quarter results Wednesday, posting revenue that was slightly ahead of exp.....»»

Category: earningsSource: benzingaMar 18th, 2020

U.S. airlines ditch 2020 forecasts, slash flights and costs on virus hit

Leading U.S. airlines American and Delta suspended 2020 financial forecasts on Tuesday and took drastic further measures to combat the impact of the coronavirus, while United announced a capital raising and said it would post a first-quarter loss......»»

Category: topSource: reutersMar 10th, 2020

Exclusive: As virus fallout widens, China readies more measures to stabilize economy - sources

Chinese policymakers are readying measures to support an economy jolted by a coronavirus outbreak that is expected to have a devastating impact on first-quarter growth, policy sources said......»»

Category: topSource: reutersFeb 4th, 2020

Earnings Results: Airbnb earnings: Sales and bookings show strong growth as travel makes a comeback

Saying "people are ready to travel," Airbnb Inc. on Thursday reported continued resilience in its business, posting higher first-quarter revenue and increased gross bookings than expected, but with a larger-than-expected $1.2 billion loss......»»

Category: topSource: marketwatchMay 13th, 2021

Cinemark stock gains after loss widens more than expected but revenue beats forecasts

Shares of Cinemark Holdings Inc. climbed 0.8% in premarket trading Friday, after the movie theater operator reported a wider-than-expected first-quarter loss but revenue that fell less than expected, as admissions and concession.....»»

Category: topSource: marketwatchMay 7th, 2021

AMC theaters CEO: Movie-going is coming back

AMC Entertainment Holdings Inc. reported a loss for the first quarter, but the loss narrowed compared with recent periods as life in the U.S. starts to get back to normal amid increased Covid-19 vaccinations......»»

Category: topSource: foxnewsMay 6th, 2021

Imax loss narrows as Asian audiences return to cinema in "impressive numbers"

Imax Corp. said it had a loss of $14.8 million, or 25 cents a share, in the first quarter, narrower than the loss of $49.4 million, or 82 cents a share, posted in the year-earlier period, as cinemagoers in Asia returned to screens as coronavirus pand.....»»

Category: topSource: marketwatchApr 29th, 2021

FHLB Des Moines Reports 2020 Preliminary Unaudited Financial Results and Fourth Quarter Dividend

DES MOINES, Iowa, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Coronavirus Pandemic (COVID-19) The effects of COVID-19 and the response to the virus continue to impact finan.....»»

Category: earningsSource: benzingaFeb 16th, 2021