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Renault"s 2020 vision clouded as "tough" year leads to first loss in a decade

Renault reported its first loss in a decade and cut its 2020 margin target on Friday, as it attempts to draw a line under the Carlos Ghosn affair and reboot its Nissan alliance......»»

Category: topSource: reutersFeb 14th, 2020

Renault sets lower profit goal in crunch reboot year

French carmaker Renault on Friday posted its first loss in 10 years and set a lower operating margin goal for 2020, a crunch year for its planned reboot alongside partner Nissan after a scandal surrounding former boss Carlos Ghosn......»»

Category: topSource: reutersFeb 14th, 2020

2020 Vision: Rally Mode To Start Off Decade As Last Year"s Strength Rolls Along

The new year looks like it’s starting right where the old one left off, with stocks in rally mode to begin the decade and China at the center of things. Major indices ticked higher in pre-market trading and looked like they might set n.....»»

Category: earningsSource: benzingaJan 2nd, 2020

Ralph Lauren lost $127M in first quarter of 2020: Report

Ralph Lauren Corp. on Tuesday reported a fiscal first-quarter loss of $127.7 million, after reporting a profit in the same period a year earlier......»»

Category: topSource: foxnewsAug 4th, 2020

Ford posts profit, but expects full-year 2020 loss

The better-than-expected results and earnings outlook sent Ford’s shares up 4% in after-market trading......»»

Category: topSource: foxnewsJul 30th, 2020

IC substrate maker Kinsus posts profit surge in 2Q20

IC substrate supplier Kinsus Interconnect Technology has reported net profits of NT$234 million (US$8 million) for the second quarter of 2020, shooting up 197% sequentially and improving from loss of over NT$1 billion registered a year earlier......»»

Category: topSource: digitimesJul 29th, 2020

NASCAR, Fox Sports pleased with results in tough first half

Fox Sports says that it earned 3.702 million viewers for its portion of the 2020 season, down 30,000 viewers from the 3.732 million last year......»»

Category: topSource: bizjournalsJul 21st, 2020

United Airlines hit with $1.6 billion GAAP loss in ‘most difficult’ second quarter

United calls second quarter 2020 “the most difficult” in its 94-year history; quarterly sales were a little higher than Wall Street expectations......»»

Category: topSource: marketwatchJul 21st, 2020

United Airlines posts wider loss in ‘most difficult’ second quarter

United calls second quarter 2020 “the most difficult” in its 94-year history......»»

Category: topSource: marketwatchJul 21st, 2020

Results of Operations for the Year Ended December 31, 2019 - American Overseas Group Limited Announces Net Loss Of $3.7 Million and Operating Loss of $9.1 Million For the Year Ended December 31, 2019

HAMILTON, Bermuda, June 26, 2020 (GLOBE NEWSWIRE) -- American Overseas Group Limited (BSX: AORE.BH) (Pink Sheets: AOREF.PK) ("AOG" or the "Company") today reported consolidated net loss available to c.....»»

Category: earningsSource: benzingaJun 26th, 2020

2020 Healthiest Employers: Employee engagement leads to improved outcomes at Palmetto 57

Palmetto 57’s vision regarding health and wellness is not subscribing to the "big brother" mentality of typical wellness programs, the company says......»»

Category: topSource: bizjournalsJun 19th, 2020

The 20-Year: A Month in Review - CME Group

The U.S. Treasury issued $20 billion in new 20-year bonds on May 20, 2020, the first such issuance since 1986. This new 20-year bond slotted into a part of the curve where only decade-old 30-year bonds trade. read more.....»»

Category: blogSource: benzingaJun 16th, 2020

U.S. bank profits plunge 70% on coronavirus loss provisioning

U.S. bank profits fell by 69.6% to $18.5 billion in the first quarter of 2020 from the year prior as banks felt the economic impact of the novel coronavirus pandemic, according to new data from a banking regulator......»»

Category: topSource: reutersJun 16th, 2020

Commodities Corner: Rice futures slice year-to-date gain in half over the course of a week

Rice has outperformed most major commodities in 2020, trading around 21% higher year to date, even as prices suffer a loss of around 22% this week......»»

Category: topSource: marketwatchJun 12th, 2020

Airline industry headed for $84 billion loss this year: IATA

The coronavirus crisis will lead the airline industry into record annual losses of $84 billion as 2020 goes down as the "worst year in the history of aviation", the sector's main global body predicted on Tuesday......»»

Category: topSource: reutersJun 9th, 2020

Succinct Summation of Week’s Events for 6.5.20

Succinct Summations for the week ending June 5th, 2020 Positives: 1. Nasdaq reach all time highs, and the S&P500 turned positive for the year. 2. Non-farm payrolls rose 2.509M m/o/m, above expected 7.73m loss. 3. Unemployment rate is at 13.3%, .....»»

Category: dealsSource: nytJun 5th, 2020

Nicholas Financial Reports 4th Quarter and Fiscal Year 2020 Results

Income (loss) year-over-year before income taxes for the three months ended Ma.....»»

Category: earningsSource: benzingaJun 4th, 2020

OSU estimates $300M revenue loss due to Covid-19, anticipates "further budgetary challenges"

Ohio State University said it has lost $300 million in revenue across the university and Wexner Medical Center in the 2020 fiscal year, which ends this month, due to the impacts of Covid-19. President Michael Drake said Tuesday that the school .....»»

Category: topSource: bizjournalsJun 2nd, 2020

PUDO Inc. Announces 2020 Full Year Results and Outlook

Revenue up 34.6% to $1.1 million this year compared to the prior fiscal year Net loss decreased by $1.4 million to $2.0 million relative to .....»»

Category: dealsSource: nytMay 29th, 2020

ZIM"s Loss drops as EBITDA and Cash Flow Jump

ZIM's year-over-year operating cash flow zoomed upward by more than 70% in the first quarter of 2020. read more.....»»

Category: blogSource: benzingaMay 29th, 2020

SoftBank Vision Fund head"s pay doubled last year despite massive losses

SoftBank Vision Fund's head, Rajeev Misra, saw his total pay for the past business year more than double to roughly $15 million, even as the fund's underperformance pushed SoftBank to a record operating loss of some $13 billion......»»

Category: topSource: reutersMay 28th, 2020