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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......»»
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......»»
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......»»
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......»»
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%......»»
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.....»»
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.....»»
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......»»
Juul Labs plans to cut about a third of staff as e-cigarette sales fall: WSJ
E-cigarette maker Juul Labs Inc. is plan.....»»
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......»»
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......»»
China PCB maker DSBJ sees double-digit profit fall in 2019
Dongshan Precision Manufacturing (DSBJ) saw its net .....»»
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.....»»
Allied Circuit posts record profit in 1Q20
PCB maker Allied Circuit has reported net profits shot u.....»»
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......»»
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......»»
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......»»
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.....»»
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......»»
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.....»»