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Thyssenkrupp warns of economic pressure as profit falls

Steel-to-elevators group Thyssenkrupp has warned of a darkening economic backdrop, signalling tough times for its capital goods business ahead of a planned spin off. David Pollard reports......»»

Category: videoSource: reutersFeb 12th, 2019

Pressure mounts on Thyssenkrupp CEO after fourth profit warning

Germany's Thyssenkrupp on Thursday issued its fourth profit warning under current boss Guido Kerkhoff, who faces mounting pressure to turn around the stricken conglomerate. David Pollard reports......»»

Category: videoSource: reutersAug 8th, 2019

Schlumberger profit falls 19.8 percent on weak North America activity

Top oilfield services provider Schlumberger NV reported a 19.8 percent fall in quarterly profit on Thursday, hit by weak demand for its equipment and services from U.S. oil producers under pressure to rein in spending......»»

Category: topSource: reutersApr 18th, 2019

Gold 1 OZ (XAU=X) seeing some profit taking after hitting a 4-week high

Gold 1 OZ (XAU=X) seeing some profit taking after hitting a 4-week high Gold remain under pressure Tuesday even as the U.S. housing sector continues to drag on economic growth. The Commerce Department’s lat.....»»

Category: topSource: livetradingnewsMar 26th, 2019

Infinera stock falls after company warns of pricing pressure, but analysts maintain bullish stances

Shares of Infinera Corp. are down 8.2% in premarket trading Thursday after the optical transmission equipment maker reported better-than-expected quarterly results but spoke of pricing pressure fr.....»»

Category: topSource: marketwatchMay 10th, 2018

China and Russia Push Into Iran, Exploiting Europe"s Caution

Chinese and Russian state-backed companies are maneuvering to profit from European firms leaving Iran, threatening the Trump administration’s bid to raise economic pressure on Tehran......»»

Category: topSource: wsjMay 28th, 2018

Futures Movers: Oil falls as global equity rout takes a toll on demand optimism

Oil futures remain under pressure Thursday, unable to escape the pull of a global equity rout that may also reflect concerns about underlying economic growth......»»

Category: topSource: marketwatchOct 11th, 2018

WPP shares plunge as falls behind ad rivals in post-Sorrell era

WPP lost a fifth of its market value on Thursday after a major downturn at its creative agencies in New York and London forced it to cut its sales and profit forecasts, ramping up the pressure on new boss Mark Read......»»

Category: topSource: reutersOct 25th, 2018

China factory activity falls amid tariff fight

An official survey shows China's manufacturing activity contracted in December, adding to pressure on Beijing to reverse an economic downturn amid trade tension with Washington......»»

Category: topSource: foxnewsDec 31st, 2018

Oil falls to $53 on economic worries, surging supply

Oil fell to about $53 a barrel on Wednesday, under pressure from rising output in major OPEC and non-OPEC producers and due to concerns about an economic slowdown that could weaken demand......»»

Category: topSource: reutersJan 2nd, 2019

Oil falls toward $53 on economic worries, surging supply

Oil fell toward $53 a barrel on Wednesday, under pressure from rising output in major OPEC and non-OPEC producers and concerns about an economic slowdown that could weaken demand......»»

Category: topSource: reutersJan 2nd, 2019

HSBC warns on China, Britain slowdown as 2018 profit disappoints

HSBC Holdings turned in a disappointing annual profit as higher costs and a stocks rout chipped away at its trading businesses, while warning that an economic slowdown in China and Britain would throw up further hurdles this year......»»

Category: topSource: reutersFeb 19th, 2019

Oil falls but losses capped by hopes of easing trade tensions

Oil prices fell on Tuesday on persistent concerns over future demand, but losses were capped by optimism U.S.-China trade tensions will ease and hopes major economies will take stimulus measures to ward off a possible economic slowdown......»»

Category: topSource: reutersAug 20th, 2019

Home Depot beats quarterly profit estimates, warns of tariff impact

Home Depot Inc beat quarterly profit estimates on Tuesday as it sold more big-ticket items to high-spending builders and handymen, while flagging the potential impact of U.S. President Donald Trump's ongoing trade tussle with China on consumers......»»

Category: topSource: reutersAug 20th, 2019

Top U.S. CEOs say companies should put social responsibility above profit

Corporate America is responsible for providing economic benefits to all, not just its investors, the Business Roundtable group said on Monday......»»

Category: topSource: reutersAug 19th, 2019

Need to Know: Cheap money could deliver big fourth quarter for stocks, but it’s just delaying the inevitable, strategist warns

Sounds like it’ll be raining jobs, growth and profit across the U.S. for the foreseeable future, if White House trade adviser Peter Navarro has it right. But, really, how long can it last and what happens when the easing stops?.....»»

Category: topSource: marketwatchAug 19th, 2019

NewsWatch: Cheap money could deliver big fourth quarter for stocks, but it’s just delaying the inevitable, strategist warns

Sounds like it’ll be raining jobs, growth and profit across the U.S. for the foreseeable future, if White House trade adviser Peter Navarro has it right. But, really, how long can it last and what happens when the easing stops?.....»»

Category: topSource: marketwatchAug 19th, 2019

Kudlow "Doesn"t See A Recession At All", Warns Full 10% China Tariffs To Go Ahead In December

Trump's chief economic advisor, Larry Kudlow, pushed back against fears of an economic downturn on Sunday saying, “I don’t see a recession at a.....»»

Category: blogSource: zerohedgeAug 18th, 2019

Newcrest Mining Falls After Posting Full-Year Results

Australian miner records strong profit, free cash flow growthRelated Stocks: ASX:NCM,.....»»

Category: smallbizSource: nytAug 17th, 2019

Deere’s Earnings, Outlook Can’t Escape Economic Uncertainty

Farm and heavy equipment maker Deere reported third-quarter results that missed profit estimates but beat revenue expectations. The company also lowered its outlook for the full fiscal year......»»

Category: blogSource: 247wallstAug 16th, 2019

China"s Tencent cautious after surge in quarterly profit

China's Tencent Holdings , the world's largest gaming company by revenue, warned on Wednesday of a difficult economic environment even as it reported a better-than-expected 35% jump in quarterly profit......»»

Category: topSource: reutersAug 14th, 2019