Coronavirus set to impact Chinese airlines" first quarter profit: Aercap CEO
The chief executive of one of the world's largest aircraft lessors, Aercap , expects the new coronavirus that has emerged from Wuhan, China to impact Chinese airlines' profitability in the first quarter......»»
Toyota expects profit to drop 80% this year as virus saps car sales
Toyota Motor Corp on Tuesday said it expects profit to drop 80% to its lowest in nine years, as Japan's biggest automaker grapples with the impact of the novel coronavirus which has sapped global demand for vehicles......»»
Saudi Aramco first-quarter net profit falls 25% as oil prices slump
Saudi Arabian state oil giant Aramco on Tuesday reported a 25% fall in first-quarter net profit, below analyst estimates, hurt by lower crude oil prices as the coronavirus slashed demand......»»
Toyota expects annual operating profit to drop 80% as virus saps car sales
Toyota Motor Corp said on Tuesday it expects to post its lowest annual operating profit in nine years as the automaker grapples with the impact of the novel coronavirus, which has sapped global demand for cars......»»
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......»»
Marriott profit misses as bookings, revenue per room plunge
U.S. hotel operator Marriott missed already lowered estimates for first-quarter profit by a huge margin on Monday, as bookings plunged due to coronavirus-led lockdowns that kept a quarter of its hotels closed......»»
Toshiba sees FY2019 profit roughly in line with forecast, limited virus impact
Toshiba Corp said on Monday it expects operating profit for the year ended March to more than triple, as the Japanese industrial conglomerate sees a limited impact from the coronavirus outbreak on its earnings for the financial year......»»
Global luxury gloom to deepen despite easing lockdowns: Bain
Global sales of luxury goods are expected to slump by 50% to 60% in the second quarter even as some countries begin to ease coronavirus lockdowns and despite signs of recovery in the Chinese market, consultancy Bain said on Thursday......»»
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......»»
Ballad Health Announces Third-Quarter Results
JOHNSON CITY, Tenn., May 06, 2020 (GLOBE NEWSWIRE) -- Ballad Health today announced third-quarter results from its 2020 fiscal year. Excluding the impact of coronavirus disease 2019 (C.....»»
GM sets May 18 North American restart, profit falls 88%
General Motors on Wednesday outlined plans for a May 18 restart of most of its North American plants shut down by the coronavirus pandemic as it reported a huge plunge in first-quarter profit. This report produced by Yahaira Jacquez......»»
Papa John"s swings to first-quarter profit; revenue misses expectations
Papa John's reported a first-quarter profit, but revenue missed analysts' expectations despite sales growth amid coronavirus pandemic......»»
Wendy"s profit down 50% in coronavirus pandemic
The restaurant chain reported flat quarterly U.S. same-store sales for the first quarter ended March 31, as strong demand for its latest breakfast menu offset limited earnings from delivery and take aways......»»
General Motors ekes out profit as coronavirus slams business
General Motors posted a first-quarter profit of $294 million even as the COVID-19 pandemic brought business to a standstill......»»
GM tops estimates despite coronavirus, sets North American restart
General Motors Co on Wednesday reported a huge plunge in first-quarter profit that raced past expectations, and the automaker outlined plans for a May 18 restart of most of its North American plants shut down by the coronavirus pandemic......»»
KKR"s first-quarter profit rises 11% on stronger asset sales
Private equity firm KKR & Co Inc reported an 11% jump in after-tax distributable earnings in the first quarter on Wednesday, driven by growth in asset sales and management fees ahead of the coronavirus-linked market turmoil......»»
Coronavirus hits GM first-quarter profit hard
General Motors Co on Wednesday reported a huge plunge in first-quarter quarter profit as it burned through cash with its the North American vehicle production shut down due to the coronavirus pandemic......»»
Disney"s profit plunged 91% last quarter as coronavirus rages
The bright spot was Disney Plus, which has roughly doubled its subscribers to 54.5 million this year......»»
Disney"s profit plunged 91% last quarter as the coronavirus shut down most of its business
Lucasfilm Disney.....»»
CVS Health profit spikes as coronavirus drives sales surge
CVS Health's first-quarter profit spiked 41 percent year-over-year to $2.01 billion......»»
Chinese handset ODMs enjoy ramp-up in lucrative orders
Chinese handset ODM Wingtech Technology and components maker Luxshare Precision Industry have posted significant on-year revenue and profit increases for the first quarter of 2020, despite sluggish domestic demand in China......»»