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Panasonic Corp on Monday reported a 3% rise in third-quarter operating profit, beating analyst estimates, aided by cost cuts and an improvement at the joint battery business with Tesla Inc ......»»

Nissan is planning aggressive cost cuts to deal with an unexpected slump in sales, people familiar with the plans said. Francis Maguire reports......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Wells Fargo & Co's profit slumped 55% in the fourth quarter as new boss Charles Scharf set aside another $1.5 billion for legal costs related to the bank's sales scandal and promised "fundamental changes.".....»»

Volkswagen's namesake core brand is on track to post a record operating profit this year thanks to cost savings and its increased sales of sports utility vehicles (SUV's), a senior manager of the unit said......»»

Abercrombie & Fitch Co reported a better-than-expected 3% rise in same-store sales at its flagship brand on Tuesday, but said tariffs would hurt gross profit in the current quarter......»»

Sales at established Kohl's stores rose modestly in the third quarter, but overall revenue was flat and earnings fell short of analysts'.....»»

The 40-day labor strike cost GM around $3 billion in profit this year, pushing the automaker to slash its earnings forecast. But as Fred Katayama reports, shares rose on its sales gain in the U.S.......»»

The 40-day labor strike cost GM around $3 billion in profit this year, pushing the automaker to slash its earnings forecast. But as Fred Katayama reports, shares rose on its sales gain in the U.S.......»»

Daimler on Thursday announced cost cuts as it reduced its revenue outlook for Mercedes-Benz trucks unit and reported an 8% drop in third-quarter operating profit......»»

U.S. food company Campbell Soup Co reported better-than-expected fourth-quarter profit, benefiting from cost cuts, sending shares up 5% before the bell......»»

WiseTech (ASX:WTC), a global provider of advanced logistics software, has reported a whopping 57 percent growth in revenues and a massive 37 percent net profit afte.....»»

Global logistics provider Agility (DFM: AGLTY) reported a 20 percent increase in net profit for the second quarter of 2019. However, the company reported a more modest rise in revenues.  Sulaibiya, Kuwait-headquartered.....»»

Anthem Inc reported an 8% rise in second-quarter profit on Wednesday as the U.S. health insurer benefited from higher sales of its government-backed health plans......»»

Halliburton Co on Monday beat analysts' estimates for second-quarter profit as its largest oil-well services unit exceeded expectations, putting the company's shares on track for the biggest one-day gain in nearly three years......»»

Halliburton Co on Monday beat analysts' estimates for second-quarter profit as its Completions and Production unit outperformed expectations, pushing its shares up 6.8 percent in early trading......»»

Toyota Motor Corp forecast on Wednesday a 3.3 percent rise in operating profit for the current year due to cost reduction measures and changes to its depreciation methods......»»

Quarterly sales at Lyft surged 95 percent in its first results as a publicly traded company and the ride-hailing app hinted at a future profit. Conway G. Gittens reports......»»

Italian luxury carmaker Ferrari beat forecasts with a 14 percent rise in first-quarter core earnings, driven by strong sales of its Portofino model and increased shipments in all regions, and stuck to its full-year targets......»»

South Korea's Hyundai Motor posted a 24 percent rise in net profit for the January-to-March quarter on improving sales at home and the United States, although weak business in China reined in the pace of growth......»»