Advertisements



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

Ford Stock Sets Up for a New 52-Week Low on $1.7 Billion Loss

Ford posted lower-than-expected profits and sales in the fourth quarter and for the full 2019 fiscal year. The company's net loss (unadjusted) totaled $1.7 billion. What about that big dividend yield?.....»»

Category: blogSource: 247wallstFeb 4th, 2020

Dow Jones Newswires: Diageo downbeat on guidance as net profit falls

Diageo PLC on Thursday reported a 5.6% fall in net profit for the first half of fiscal 2020, and said it expects full-year organic net sales growth to be at the lower end of its mid-term guidance......»»

Category: topSource: marketwatchJan 30th, 2020

Dow profit beats on Asia demand and cost cuts, sees recovery in 2020

Dow Inc beat Wall Street's estimates for quarterly profit and revenue on Wednesday, helped by growth in volumes in Asia as well as lower costs, and the chemicals maker pointed to a recovery in demand this year as trade tensions ease......»»

Category: topSource: reutersJan 29th, 2020

Dow operating profit drops on lower prices, sees recovery in 2020

Dow Inc reported a 27% fall in fourth-quarter operating profit on Wednesday as lower prices squeezed margins, but the chemicals maker pointed to a recovery in demand this year on the back of easing trade tensions......»»

Category: topSource: reutersJan 29th, 2020

JetBlue posts quarterly profit rise, meets three-year cost-cutting goal

JetBlue Airways Corp saw a slight rise in quarterly profit in the three months to end December after delivering on a three-year cost-cutting drive designed to enable low-cost airfares over the next decade, it said on Thursday......»»

Category: topSource: reutersJan 23rd, 2020

Stocks are too pricey: wealth manager

Vespula Capital CEO Jeff Tomasulo suggests waiting for a pullback before buying stocks again. He recommends taking profit on some FAANG stocks now and buying them back later this year at lower prices......»»

Category: videoSource: reutersJan 21st, 2020

CommunityAmerica"s profit payout again sets high mark

CommunityAmerica Credit Union once again issued its largest profit payout ever to its members, worth $8.5 million this year. As a nonprofit credit union, Lenexa-based CommunityAmerica returns profits to its member-owners once a year in the form of.....»»

Category: topSource: bizjournalsJan 15th, 2020

Bank of America profit falls amid lower interest rates

Consumer banking giant Bank of America said Wednesday that its fourth-quarter profits fell 4% from a year ago, as the bank was impacted by the rapid decline of interest rates in late 2019......»»

Category: topSource: moneycentralJan 15th, 2020

Pros Discuss Apple Stock One Year After Profit Scare

Apple Inc. (NASDAQ: AAPL) caught some investors off-guard in early January 2019 when it revised its revenue guidance lower in reaction to poor iPhone sales and a weakening outlook in China. Latest Ratings for A.....»»

Category: blogSource: benzingaJan 6th, 2020

Market Snapshot: Stocks slide for second day as Wall Street closes out a banner year

U.S. stocks edged lower Tuesday amid profit-taking on low volumes ahead of the New Year holiday on Wednesday......»»

Category: topSource: marketwatchDec 31st, 2019

Huawei profit jumps, but 2020 may be "difficult"

The Chinese technology company announced full-year revenue to $121 billion, lower than its earlier projections, as a U.S. trade blacklisting curbed growth and disrupted its ability to source key parts. Olivia Chan reports......»»

Category: videoSource: reutersDec 31st, 2019

Target lifts profit goal on expected holiday boost, shares surge

Target Corp raised its full-year earnings forecast on Wednesday, signaling a strong holiday season as the retailer benefits from its investments in same-day delivery services and store revamps, sending its shares up 9%......»»

Category: topSource: reutersNov 20th, 2019

Dow Jones Newswires: EasyJet 2019 profit falls, but forward bookings rise

The company said that for fiscal 2020 its expected capacity growth will be at the lower end of historic guidance of between 3% and 8% per year......»»

Category: topSource: marketwatchNov 19th, 2019

Twilio"s stock drops after another lowered profit outlook, citing "calculation error"

Shares of Twilio Inc. 3.2% toward a 10-month low in morning trading Monday, after the chat software company disclosed a "calculation error" that led it to lower its full-year profit outlook for a second time in les.....»»

Category: topSource: marketwatchNov 4th, 2019

Exxon Mobil profit halves on weak oil prices, chemicals margins

Exxon Mobil Corp's third-quarter profit nearly halved, hit by lower oil prices and weaker margins in refining and chemicals, with its three major business reporting lower year-over-year profit......»»

Category: topSource: reutersNov 1st, 2019

Dow Jones Newswires: Dutch lender ING posts 73% profit leap

The Dutch lender made a net profit of EUR1.34 billion for the quarter, up from EUR776 million for the same period last year but lower than consensus forecasts of EUR1.37 billion, taken from FactSet and based on three analysts’ forecasts......»»

Category: topSource: marketwatchOct 31st, 2019

Air Canada sees year-end capacity up despite 737 MAX grounding, shares jump

Air Canada said on Tuesday it expects higher capacity and revenues during the last three months of 2019, after reporting lower-than-expected third-quarter profit in the wake of the grounding of Boeing Co's 737 MAX jets......»»

Category: topSource: reutersOct 29th, 2019

Megabrewer AB InBev drags European shares lower

AB InBev shares tumbled Friday after the world's biggest brewer cut profit growth forecasts for the year. Julian Satterthwaite reports......»»

Category: videoSource: reutersOct 25th, 2019

Daimler AG Reports Improved Q3 Results, But Warns Of Tough Times Ahead

Daimler AG (OTC: DDAIF) reported lower truck sales but record car sales in the third quarter to post a 3% year-over-year profit improvement  read more.....»»

Category: blogSource: benzingaOct 24th, 2019

Nokia Trades Lower Following Full-Year Guidance Cut

Nokia Oyj (NYSE: NOK) shares are trading down after reporting third-quarter EPS of .01 euros (.011 cents), operating profit of 478 million euros and sales of 5.7 billion euros.  read more.....»»

Category: blogSource: benzingaOct 24th, 2019