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Consumer confidence plunges as millions lose jobs

U.S. consumer confidence plunged in April as millions lost their jobs, with an index that monitors attitudes about current business and work conditions dropping by the largest amount on record......»»

Category: topSource: moneycentralApr 28th, 2020

S&P 500, Dow gain on upbeat corporate earnings, reopening hopes

The S&P 500 and Dow Jones indexes rose on Tuesday after a string of upbeat quarterly reports took the edge off a plunge in consumer confidence, with investors turning hopeful of a pickup in business activity as economies slowly reopen......»»

Category: topSource: reutersApr 28th, 2020

U.S. consumer confidence posts record plunge to 86.9 in April from 118.8

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchApr 28th, 2020

US Consumer Confidence Collapses, Richmond Fed Crashes To Record Lows

US Consumer Confidence Collapses, Richmond Fed Crashes To Record Lows After plunging in March, expectations were for The Conference Board confidence survey to crash even further in April as COVID con.....»»

Category: blogSource: zerohedgeApr 28th, 2020

Economic Report: Consumer confidence suffers record drop in April, but Americans more hopeful of future

The confidence Americans have in the economy experien.....»»

Category: topSource: marketwatchApr 28th, 2020

One measure of consumer confidence just suffered its sharpest drop on record as coronavirus layoffs persist

Reuters The Bloomberg Consumer Comfort Index dropped 3.4 points to 56.3 in the week.....»»

Category: topSource: businessinsiderApr 2nd, 2020

Dow falls nearly 1,000 points as coronavirus whipsaws markets

Thursday's selling comes a day after the Dow Jones Industrial Average posted its second-biggest point gain on record......»»

Category: topSource: foxnewsMar 5th, 2020

Dow Jones Newswires: Rio Tinto annual net profit falls on writedowns

The world’s second-biggest miner by market value on Wednesday reported a net profit of US$8.01 billion for 2019, down from a profit of US$13.64 billion a year earlier......»»

Category: topSource: marketwatchFeb 26th, 2020

Dow Jones Newswires: Air France-KLM warns of coronavirus hit as 2019 profit falls

The Franco-Dutch carrier reported a net profit of 290 million euros ($313.1 million) in 2019 down EUR130 million from with the same period a year earlier......»»

Category: topSource: marketwatchFeb 20th, 2020

Dow Jones Newswires: Barclays profit misses views as CEO faces regulatory probe over Epstein link

Barclays PLC said Thursday that Chief Executive Officer Jes Staley retains the board’s full confidence despite a U.K. regulatory investigation concerning his relationship with Jeffrey Epstein, as it reported its 2019 results......»»

Category: topSource: marketwatchFeb 13th, 2020

Dow Jones Newswires: Kering revenue rises, while net profit falls on one-offs

The French luxury-goods conglomerate reported fourth-quarter revenue of 4.36 billion euros ($4.76 billion), up 11% on a comparable basis and bringing revenue for the year up to EUR15.88 billion, in line with analysts’ expectations of EUR15.8 billion......»»

Category: topSource: marketwatchFeb 12th, 2020

Dow Jones Newswires: SocGen drops profitability target as net profit falls

Societe Generale SA dropped its profitability target for this year, a day after peer BNP Paribas SA cut the same target, and said its fourth-quarter net profit fell......»»

Category: topSource: marketwatchFeb 6th, 2020

Dow Jones Newswires: ABB profit rises, but revenue falls amid ‘challenging market conditions’

BB Ltd. said Wednesday that its net profit for the fourth quarter of 2019 rose while revenue declined......»»

Category: topSource: marketwatchFeb 5th, 2020

Dow Jones Newswires: Diageo downbeat on guidance as net profit falls

Diageo PLC on Thursday reported a 5.6% fall in net profit for the first half of fiscal 2020, and said it expects full-year organic net sales growth to be at the lower end of its mid-term guidance......»»

Category: topSource: marketwatchJan 30th, 2020

Dow Jones Newswires: Royal Dutch Shell profit falls significantly in fourth quarter

Royal Dutch Shell PLC said Thursday profit fell significantly in the fourth quarter of 2019, weighed by lower realized oil, gas and liquefied natural gas prices......»»

Category: topSource: marketwatchJan 30th, 2020

Dow Jones Newswires: Unilever profit falls as sales miss growth target

Unilever PLC reported Thursday a fall in net profit for 2019 as sales missed its growth target, and said it would consider options for the future of its global tea business.....»»

Category: topSource: marketwatchJan 30th, 2020

Dow Jones Newswires: Royal KPN swings to net profit

Royal KPN NV said Wednesday that it swung to net profit for the fourth quarter of 2019, but it warned that its consumer segment is under pressure from competitors......»»

Category: topSource: marketwatchJan 29th, 2020

Dow Jones Newswires: Philips to review options for domestic-appliances unit as profit falls 17%

Koninklijke Philips NV said Tuesday that it will launch a review of options for its domestic-appliances business, as it posted a 17% fall in fourth-quarter net profit......»»

Category: topSource: marketwatchJan 28th, 2020

Dow Jones Newswires: STMicroelectronics net profit falls, revenue increases

The European semiconductor chip maker said net profit fell 6.2% year-on-year to $392 million, with revenue increasing 4% to $2.75 billion......»»

Category: topSource: marketwatchJan 23rd, 2020

Dow Jones Newswires: Pets at Home delivered strong same-store revenue growth over Christmas

Pets at Home Group PLC said Wednesday that it had a record-breaking Christmas with like-for-like revenue growth of 7.2% over the 12-week period......»»

Category: topSource: marketwatchJan 22nd, 2020