ECB Cuts 2018 GDP Forecast, Raises Inflation Outlook

Nissan reported a 70% drop in quarterly profit on Tuesday and cut its full-year forecast to an 11-year low. David Pollard reports......»»

Intel raised its full-year revenue forecast on Thursday and beat Wall Street estimates for third-quarter revenue and profit, easing concerns about a long-drawn demand slowdown fueled by the U.S.-China trade war......»»

Intel raised its full-year revenue forecast on Thursday and beat Wall Street estimates for third-quarter revenue and profit, easing concerns about a long-drawn demand slowdown fueled by the U.S.-China trade war......»»

U.S. weapons maker Raytheon Company reported better-than-expected third-quarter profit on Thursday and raised its full-year earnings and sales outlook, helped by higher demand for space programs, weapons and missile warning systems......»»

U.S. weapons maker Raytheon Company reported better-than-expected third-quarter profit on Thursday and raised its full-year earnings and sales outlook, helped by higher demand for weapons including missile warning systems......»»

Ford Motor Co on Wednesday cut its forecast for operating profit for the year after a disappointing third quarter that Chief Executive Jim Hackett blamed on higher warranty costs, bigger discounts and weaker than expected performance in China......»»

Chip stocks are sliding Wednesday after Texas Instruments Inc. issued weak results and a below-seasonal forecast that sparked fears of deepening problems for semiconductor names......»»

Industrial bellwether Caterpillar Inc fell short of Wall Street estimates for quarterly profit on Wednesday and cut its forecast for overall earnings in 2019, as it reported a 13% slide in Asia sales driven by weakening demand in China......»»

Caterpillar Inc fell short of Wall Street estimates for quarterly profit on Wednesday, hit by weak demand in its construction and mining equipment businesses, and the company cut its 2019 profit forecast, sending its shares down 5%......»»

German fashion house Hugo Boss cut its 2019 earnings forecast again, citing weak demand in the United States and Hong Kong, and reported third quarter results that were below its expectations......»»

Chicago Fed President Charles Evans told Bloomber.....»»

For 2019, Ifo now expects growth of 0.5% compared with a previous forecast of 0.6%. For 2020, the economic institute slashed its growth forecast to 1.2% from 1.7%......»»

OPEC on Wednesday cut its forecast for growth in world oil demand in 2020 due to an economic slowdown, an outlook the producer group said highlighted the need for ongoing efforts to prevent a new glut of crude......»»

Hilton Worldwide Holdings Inc cut its full-year outlook for a key revenue measure on Wednesday, citing a slowing global economy which was weighing on spending plans of businesses, sending the U.S. hotel operator's shares down as much as 2.8%......»»

he company raised its 2019 forecast for operational sales......»»

Johnson & Johnson hiked its full-year operational sales forecast as strong demand for its cancer drugs Darzalex and Imbruvica helped it beat estimates for second-quarter profit on Tuesday......»»

The Congressional Budget Office in its annual outlook forecast debt as a percentage of GDP in 2048 to be 11 percentage points lower in this year's extended baseline projections than it was in last year's, owing to a declin.....»»

The IMF has cut its 2019 economic growth forecast for China to 6.2% on heightened uncertainty around trade frictions. And, as David Pollard reports, new PMI surveys show global growth still struggling to gain speed......»»

Hormel Foods Corp. cut its outlook for sales and profit after an outbreak of African swine fever in China raised pork costs. The shares fell the most since August 2017......»»

The European Union's executive commission has trimmed its forecast for eurozone growth this year and next as uncertainty over trade conflicts and continued weakness in the auto industry hold back output......»»