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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

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

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 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

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

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

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

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

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

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

Kimberly-Clark and Marathon Oil post gains while Tesla falls

Stocks that moved substantially or traded heavily on Monday: Kimberly-Clark Corp., up $6.70 to $130.25 The maker of Kleenex tissues and other consumer products reported a surge in profit that beat forecasts......»»

Category: topSource: foxnewsApr 22nd, 2019

As economists rethink monetary and fiscal policy, it could be a positive development

With interest rates and inflation low and stable for many years, many economic experts now believe in running high-pressure labor markets and recognizing that deficit reduction is not always a near-term priority......»»

Category: topSource: washpostApr 19th, 2019

American Express first-quarter profit falls 5 percent

Credit card issuer American Express Co said on Thursday its quarterly profit fell 5 percent, as it spent more on its rewards program......»»

Category: topSource: reutersApr 18th, 2019

American Express"s stock falls after profit beats but revenue comes up shy

Shares of American Express Co. dropped 1.1% in premarket trade Thursday, after the global payments and credit card company reported a first-quarter adjusted profit that topped expectations, but revenue that came up shy. Net income fe.....»»

Category: topSource: marketwatchApr 18th, 2019

Schlumberger profit falls in first quarter as revenue tops estimates

French oil giant Schlumberger Ltd. said Thursday it had net income of $421 million, or 30 cents a share, in the first quarter, down from $525 mi.....»»

Category: topSource: marketwatchApr 18th, 2019

Schlumberger posts 19.8 percent fall in quarterly profit

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 oil producers under pressure to rein in spending......»»

Category: topSource: reutersApr 18th, 2019

Bridgewater warns of peak U.S. profit margins, lower stock prices

The major drivers of high U.S. corporate profit margins are unsustainable and "now under threat", which will eventually result in much lower equity prices, Bridgewater Associates, the world's largest hedge fund, said on Wednesday in a report......»»

Category: topSource: reutersApr 17th, 2019

Morgan Stanley quarterly profit falls 9 percent

Morgan Stanley reported a 9 percent drop in quarterly profit on Wednesday as equities and bond trading fell due to low market volatility......»»

Category: topSource: reutersApr 17th, 2019

BNY Mellon profit falls 20 percent on lower fee revenue

Bank of New York Mellon Corp reported a 20 percent fall in quarterly profit on Wednesday, as the world's largest custodian bank's fee revenue declined......»»

Category: topSource: reutersApr 17th, 2019

Pelosi says Trump"s tariffs on EU missed chance to put joint pressure on China

The United States has missed an opportunity to gain economic leverage over China when it opted to put tariffs on the European Union rather than join forces with it, the Speaker of the U.S. House of Representatives, Nancy Pelosi, said on Monday......»»

Category: topSource: reutersApr 15th, 2019