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Samsung expects Q2 profit fall over pandemic
Samsung Electronics said on Wednesday it expected profit to decline in the current quarter due to a coronavirus-related slump in sales of smartphones and TVs, although the chip business would remain solid. Ryan Brooks reports......»»
HannStar Display reports profit for 2019
HannStar Display has reported net profit of NT$788 million (US$26.16 million) for 2019 even though it posted losses in the last quarter of the year. The earnings showed a decline of 22.75% from a year earlier......»»
Profit plunges at Tiffany
Tiffany's quarterly profit plummeted 17%, and sales were flat. As Fred Katayama reports, lower spending by foreign tourists hurt the upscale jeweler......»»
Boeing faces a whopping drop in quarterly profit
Nearly a year after the deadly Lion Air Flight 610 crash, Boeing Co. faces an on-year 40% decline in profit and 22% drop in revenue for its third quarter. The company reports quarterly earnings before the bell Wednesday......»»
Earnings Outlook: Boeing faces a 40% drop in quarterly profit
Nearly a year after the deadly Lion Air Flight 610 crash, Boeing Co. faces an on-year 40% decline in profit and 22% drop in revenue for its third quarter. The company reports quarterly earnings before the bell Wednesday......»»
Tiffany sales fall on tourist spending drop
A drop in tourist spending continued to hurt Tiffany's sales. But as Fred Katayama reports, its shares rallied as the upscale jeweler maintained its sales forecast for the full year and its profit beat expectations......»»
Tiffany holds its outlook after reporting decline in second-quarter profit
Luxury retailer.....»»
BlackRock reports decline in profit that misses analyst expectations
Fund giant BlackRock reported a decline in second-quarter earnings that lagged expectations. The company's profit was $1 billion, or $6.41 a s.....»»
Tiffany sees lower Chinese tourist sales
Luxury jeweler Tiffany cut its profit outlook for the year Tuesday, blaming dramatically lower spending by tourists at its stores around the world for missing quarterly same-store sales estimates. Fred Katayama reports......»»
Britain"s M&S shows pain of latest turnaround with 10% profit fall
Britain's Marks & Spencer reported a 10% fall in full-year profit, a third straight decline, showing the pain of its latest attempt at a multi-year turnaround. Francis Maguire reports......»»
Earnings Outlook: GM earnings are likely to show a profit decline amid flagging sales and higher costs
General Motors Co. is likely to report dwindling first-quarter profits when it reports Thursday amid falling U.S. car sales and rising raw-materials prices......»»
H&M to cut prices after latest profit decline
Fashion retailer H&M will be forced to cut prices to help shift unsold merchandise over the summer after another decline in quarterly profit. Ciara Lee reports.....»»
Daimler braced for emissions-test impact as profit weakens
Mercedes maker Daimler blames U.S.-China tariffs for a 30 percent drop in second-quarter profit and predicts a further decline as new emissions test standards hit sales. Laura Frykberg reports......»»
New York Times Co. Reports $24 Million Profit, Thanks to Digital Subscribers
The company added more than 100,000 digital-only subscribers in the second quarter, enough to make up for a continued decline in advertising revenue......»»
Tech Giant Tencent Caught in Chinese Regulatory Trap
Chinese tech titan Tencent Holdings reports a rare profit decline and disappointing sales as the internet giant struggles with regulatory hurdles for its gaming business......»»
Weak trading slams Citigroup"s revenue
Citigroup reported a surprise drop in quarterly revenue due to a steep decline in its fixed income trading business. But as Fred Katayama reports, profit surged higher as the bank cut costs......»»
Truist Financial Reports Mixed Q1 Earnings, Expects Further Decline In Annual Revenues
Truist Financial Corporation (NYSE:TFC) reported first-quarter adjusted EPS of 90 cents, beating the consensus of 80 cents, down.....»»
Nevis Brands Reports Financial Results for Q1 2024
* Generated revenue of $380,729, Gross Profit of $242,835 in Q1 SEATTLE, April 16, 2024 /CNW/ - Nevis Brands Inc. (CSE:NEVI) (OTCQB:PSCBF) ("Nevis" or the "Company") a leading provider of cannabis b.....»»
Crypto Markets Tumble Following Iran"s Drone Attack Against Israel, Investor Warns Of Continued Selloff
The cryptocurrency market experienced a sharp decline on Saturday, following reports that Iran had initiated an attack on Israel. read more.....»»
SoftBank reports $37B Vision Fund profit on Coupang
SoftBank reports $37B Vision Fund profit on Coupang.....»»