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PCB maker GCE swings to profit in 1Q20

Taiwan-based Gold Circuit Electronics (GCE), specialized in high-end PCBs for servers, notebooks and networking applications, swung to net profits of NT$399 million (US$13.3 million) in the first quarter of 2020 from losses a year earlier......»»

Category: topSource: digitimesMay 14th, 2020

Coronavirus sends Under Armour"s quarterly revenue tumbling 23%

Athletic apparel maker Under Armour on Monday reported a 22.8% fall in quarterly revenue, as several retailers across the world remained shut due to the COVID-19 pandemic......»»

Category: topSource: foxnewsMay 11th, 2020

Under Armour"s quarterly revenue slumps on lockdowns hit

Athletic apparel maker Under Armour Inc on Monday reported a 23% fall in quarterly revenue, as retailers across the world remained shut due to the COVID-19 pandemic......»»

Category: topSource: reutersMay 11th, 2020

Under Armour"s quarterly revenue tumbles 23% amid health crisis

Athletic apparel maker Under Armour Inc on Monday reported a 22.8% fall in quarterly revenue, as several retailers across the world remained shut due to the COVID-19 pandemic......»»

Category: topSource: reutersMay 11th, 2020

Compeq 1Q20 net profits shoot up 196%

Taiwan-based PCB maker Compeq Manufacturing has announced its first-quarter net earnings shot up 195.74% on year to NT$929 million (US$31.13 million) on revenues of NT$12.09 billion, with gross margins increasing 8.52pp to 18.86%......»»

Category: topSource: digitimesMay 11th, 2020

GM"s stock surges after profit and revenue fall but beat expectations, as U.S. truck sales jump 27%

Shares of General Motors Co. surged 7.1% in premarket trading Wednesday, after the auto maker reported first-quarter profit and revenue that fell, as the COVID-19 pan.....»»

Category: topSource: marketwatchMay 6th, 2020

Halfway into earnings season, company profits head for their worst fall since 2009

Spencer Platt/Getty Images With 55% of S&P 500 companies reporting earnings so far, company profits are headed for their worst fall since 2009. For the.....»»

Category: topSource: businessinsiderMay 4th, 2020

CCL maker EMC posts record profits for 1Q20

Taiwan's CCL maker Elite Material (EMC) has reported its net earnings for the first quarter of 2020 soared 54.1% on year to NT$733 million (US$24.53 million) , the highest for the same quarter on record......»»

Category: topSource: digitimesMay 4th, 2020

Juul Labs plans to cut about a third of staff as e-cigarette sales fall: WSJ

E-cigarette maker Juul Labs Inc. is plan.....»»

Category: topSource: marketwatchApr 29th, 2020

Daimler sees profits at Mercedes-Benz Cars rising in 2020

Daimler said it expected the operating profit of its Mercedes-Benz Cars & Vans division to be above the prior-year level, even as the corona pandemic forced the Stuttgart-based car and trucks maker to abandon its outlook earlier this month......»»

Category: topSource: reutersApr 29th, 2020

Another day, another 20% plunge in WTI oil

Another big fall in oil prices dragged hordes of petrocurrencies under on Tuesday but even an HSBC warning of mounting bad credit and a near 80% plunge in BP's profits could not keep stock markets down for long......»»

Category: topSource: reutersApr 28th, 2020

China PCB maker DSBJ sees double-digit profit fall in 2019

Dongshan Precision Manufacturing (DSBJ) saw its net .....»»

Category: topSource: digitimesApr 27th, 2020

Boeing Shares Lose Altitude On New Coronavirus-Driven Concerns

Shares of airplane maker Boeing Co (NYSE: BA) were down nearly 6% Friday after The Wall Street Journal reported that the grounded 737 MAX may not return to the skies until late summer or early fall.&nb read more.....»»

Category: blogSource: benzingaApr 24th, 2020

Allied Circuit posts record profit in 1Q20

PCB maker Allied Circuit has reported net profits shot u.....»»

Category: topSource: digitimesApr 24th, 2020

Daimler"s earnings plunge as coronavirus hammers sales

German car and truck maker Daimler reported a plunge of nearly 70% in first-quarter operating profit on Thursday due to the coronavirus pandemic and warned that the cash flow it uses to pay dividends would fall this year......»»

Category: topSource: reutersApr 23rd, 2020

Truck maker Volvo profit falls less than expected amid pandemic pain

Sweden's AB Volvo reported a smaller-than-expected fall in quarterly operating earnings on Thursday as service sales held up in the face of tumbling sales and orders of its trucks as demand evaporated in the face of the coronavirus......»»

Category: topSource: reutersApr 23rd, 2020

Elevator maker Kone"s first-quarter profit beats forecasts

Finland's Kone reported a 10% fall in first-quarter profit hurt by the coronavirus outbreak but beat forecasts and stuck with its recently adjusted 2020 outlook......»»

Category: topSource: reutersApr 22nd, 2020

PACCAR Generally Upbeat Despite Pandemic

As the first major truck maker to report first-quarter earnings, PACCAR Inc. (NASDAQ: PCAR) recognized the toll the coronavirus pandemic took on revenue and profits but cast a generally upbeat view of its fortunes. read more.....»»

Category: blogSource: benzingaApr 21st, 2020

Adata sees 1Q20 profit surge

Memory module maker Adata Technology saw its first-quarter 2020 net profits surpass those for all of 2019, driven by DRAM and NAND flash chip price rallies......»»

Category: topSource: digitimesApr 21st, 2020

Will Dry Bulk Remain The "Wile E. Coyote" Of Ocean Shipping?

Dry bulk has been the "Wile E. Coyote" of ocean shipping for the past decade – forever chasing after profits only to lunge at empty air and repeatedly fall straight off a cliff. read more.....»»

Category: blogSource: benzingaApr 20th, 2020