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Expedia profit falls, faces legal fight with United Airlines

Expedia Group Inc. boosted fourth-quarter revenue by selling more hotel rooms and airline tickets, but write-downs pushed profit down 69 percent, to $17 million......»»

Category: topSource: foxnewsFeb 7th, 2019

Earnings Results: Railroad operator CSX sees revenue, profit decline due to ‘difficult operating conditions’

CSX said declines in merchandise, coal and fuel surcharge revenue ate into other sales gains in the first quarter, pushing revenue down 1% while profit fell 8.3%......»»

Category: topSource: marketwatchApr 20th, 2021

United Airlines sees Q2 adjusted EBITDA margin up by over 40 percentage points

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 20th, 2021

Xerox shares slide 2.9% premarket as profit falls short of estimates

Xerox Holdings Corp. shares slid 2.9% in premarket trade Tuesday, after the company missed profit estimates for the first quarter by a wide margin as the coronavirus pandemic continued to weigh. The co.....»»

Category: topSource: marketwatchApr 20th, 2021

United Airlines sees Q4 revenue down 70% as bookings languish due to COVID-19 spike

United Airlines Holdings Inc. said in a filing late Friday it expects that its fourth-quarter revenue will be down "close to 70%" year-on-year. The airline said it conti.....»»

Category: topSource: marketwatchDec 13th, 2020

United sees third-quarter daily cash burn under $40 million, still taking jet deliveries

United Airlines Holdin.....»»

Category: topSource: reutersMay 1st, 2020

Target sees margin squeeze as it spends more to meet coronavirus-led demand

Target Corp said on Thursday rising costs from trying to meet the fast-changing needs of consumers during the coronavirus crisis were set to hurt its first-quarter profit and margins, even as it recorded robust online sales during March and April......»»

Category: topSource: reutersApr 23rd, 2020

United Airlines sees $2.1B loss as coronavirus hits growth hopes

United Airlines said on Monday it expects to report a pre-tax loss of about $2.1 billion for the first quarter, after the coronavirus pandemic crushed demand......»»

Category: topSource: foxnewsApr 20th, 2020

United Airlines sees first-quarter $2.1 billion pretax loss as coronavirus hits LatAm investments

United Airlines said on Monday it expects to report a pretax loss of about $2.1 billion for the first quarter, hurt by a precipitous drop in travel demand from the coronavirus outbreak which has weighed on its investments in Latin America......»»

Category: topSource: reutersApr 20th, 2020

United Airlines sees first-quarter loss of $2.1 billion

United Airlines said on Monday it expects to report a pretax loss of about $2.1 billion in the first quarter, hurt by a sharp drop in travel demand from the coronavirus pandemic......»»

Category: topSource: reutersApr 20th, 2020

AB InBev sees 10% hit to first-quarter profit from coronavirus

The world's largest brewer Anheuser-Busch InBev forecast a 10% decline in first-quarter profit on Thursday after the coronavirus outbreak hit beer sales during the Chinese New Year, sending its shares skidding......»»

Category: topSource: reutersFeb 27th, 2020

Small business website creator Wix.com sees 2020 revenue reaching almost $1B

Wix.com, which helps small businesses build and operate websites, reported a smaller-than-expected decline in fourth-quarter net profit and forecast a revenue rise of about 25% this year to nearly $1 billion......»»

Category: topSource: foxnewsFeb 20th, 2020

Small business website creator Wix.com sees 2020 revenue reaching almost $1M

Wix.com, which helps small businesses build and operate websites, reported a smaller-than-expected decline in fourth-quarter net profit and forecast a revenue rise of about 25% this year to nearly $1 billion......»»

Category: topSource: foxnewsFeb 20th, 2020

Sony third-quarter profit falls 20%; still beats estimates and raises outlook

Sony Corp on Tuesday reported a 20% decline in third-quarterly profit due to the absence of an accounting gain that boosted its year-earlier result, though strong sales of image sensors helped it beat estimates and raise its annual outlook......»»

Category: topSource: reutersFeb 4th, 2020

Southwest Airlines" stock falls after profit miss, while revenue rises slightly above expectations

Shares of Southwest Airlines Co. fell 0.2% in premarket trading Thursday after the air carrier reported a fourth-quarter profit and load factor that mi.....»»

Category: topSource: marketwatchJan 23rd, 2020

Southwest quarterly profit falls on mounting 737 MAX costs

Southwest Airlines Co reported a 21% fall in fourth-quarter profit on Thursday due to Boeing 737 MAX costs and warned that it will likely extend flight cancellations beyond June as the jets look set to remain parked well into this year......»»

Category: topSource: reutersJan 23rd, 2020

Bank of America profit falls amid lower interest rates

Consumer banking giant Bank of America said Wednesday that its fourth-quarter profits fell 4% from a year ago, as the bank was impacted by the rapid decline of interest rates in late 2019......»»

Category: topSource: moneycentralJan 15th, 2020

Wiwynn sees revenues drop, gross margin rise in 3Q19

Wiwynn, a cloud computing server affiliate of Wistron, has reported third-quarter consolidated revenues of NT$33.35 billion (US$1.09 billion), down 31.3% on year with net profit of NT$1.37 billion and EPS of NT$7.84......»»

Category: topSource: digitimesNov 7th, 2019

Dow Jones Newswires: Adecco profit falls short of expectations amid challenging market conditions

Adecco attributed the decline to continued challenging market conditions in Europe and the U.S., and said the trends seen during the third quarter continued in September and October......»»

Category: topSource: marketwatchNov 5th, 2019

Caterpillar cuts profit outlook as China construction sales slump

Industrial bellwether Caterpillar Inc reported a drop in sales in the United States and China in the third quarter, leading it to cut its outlook for the year and adding to evidence that the global economy is firmly on the decline......»»

Category: topSource: reutersOct 23rd, 2019