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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 posts lower profit and trims its full-year outlook

Ford Motor on Wednesday posted a lower quarterly profit as it took charges for its global restructuring and reduced its full-year operating profit forecast on higher warranty and incentive costs, as well as lower-than-expected sales in China......»»

Category: topSource: moneycentralOct 23rd, 2019

Ford posts lower profit and trims its full-year outlook

Ford Motor on Wednesday posted a lower quarterly profit as it took charges for its global restructuring and reduced its full-year operating profit forecast on higher warranty and incentive costs, as well as lower-than-expected sales in China......»»

Category: topSource: moneycentralOct 23rd, 2019

Ford"s third-quarter profit falls, full-year profit outlook cut

Ford Motor Co on Wednesday posted a lower quarterly profit as it took charges for its global restructuring, and reduced its full-year operating profit forecast due to higher warranty and incentive costs, as well as lower-than-expected sales in China......»»

Category: topSource: reutersOct 23rd, 2019

Lockheed Martin profit climbs, expects lower cash flow in 2020; shares dip

Lockheed Martin Corp raised its estimate for 2019 earnings on Tuesday as quarterly profit climbed 9.2% amid improved sales of its F-35 fighter jets, but it forecast a lower cash flow for next year and shares dipped in afternoon trading......»»

Category: topSource: reutersOct 22nd, 2019

Lockheed Martin profit climbs, expects lower cash flow in 2020; shares gain

Lockheed Martin Corp raised its estimate for 2019 earnings on Tuesday as quarterly profit climbed 9.2% amid improved sales of its F-35 fighter jets, sending shares higher even as it forecast a lower cash flow for next year......»»

Category: topSource: reutersOct 22nd, 2019

Lockheed Martin profit up but forecasts lower cash flow in 2020; shares slip

Lockheed Martin Corp raised its estimate for 2019 earnings on Tuesday as quarterly profit climbed 9.2% amid improved sales of its F-35 fighter jets, but shares fell in premarket trading after it forecast lower cash flow next year......»»

Category: topSource: reutersOct 22nd, 2019

Renault shares plunge as profit warning deepens its problems

A hefty profit warning sent Renault shares tumbling as much as 15% on Friday, capping a miserable year for the French carmaker following the arrest of long-time boss Carlos Ghosn and adding to signs of a sharp slowdown in the global auto industry......»»

Category: topSource: reutersOct 18th, 2019

For the first time in history, US billionaires paid a lower tax rate than the working class last year

The analysis sets the stage for a new book by economists Emmanuel Saez and Gabriel Zucman on tax avoidance among the rich......»»

Category: topSource: moneycentralOct 12th, 2019

For the first time in history, U.S. billionaires paid a lower tax rate than the working class last year

The analysis sets the stage for a new book by economists Emmanuel Saez and Gabriel Zucman on tax avoidance among the rich......»»

Category: topSource: moneycentralOct 9th, 2019

For the first time in history, U.S. billionaires paid a lower tax rate than the working class last year

The analysis sets the stage for a new book by economists Emmanuel Saez and Gabriel Zucman on tax avoidance among the rich......»»

Category: topSource: washpostOct 8th, 2019

For the first time ever, billionaires paid a lower effective U.S. tax rate than the working class last year

The analysis sets the stage for a new book by economists Emmanuel Saez and Gabriel Zucman on tax avoidance among the rich......»»

Category: topSource: washpostOct 8th, 2019

Italy"s Illycaffe sets five year target for U.S. expansion

Italy's Illycaffe to help it reach its goal of opening 200 cafes in the United States within five years as part of a broader drive to expand its business outside its home market, Andrea Illy, the chairman of the premium coffee maker said......»»

Category: topSource: reutersOct 1st, 2019

BA-owner IAG warns of profit hit from strikes

British Airways owner IAG warned on Thursday full-year operating pretax profit will be 215 million euros lower than last year, after major pilot strikes grounded thousands of flights. David Pollard reports......»»

Category: videoSource: reutersSep 26th, 2019

The 2019 rally still has gas in the tank

Here's why lower ground in the next two weeks sets the stage for a year-end rally......»»

Category: topSource: moneycentralSep 25th, 2019

Wall Street ticks lower as FedEx warns on profit; Fed on tap

U.S. stocks edged lower at open on Wednesday, pressured by FedEx's warning on full-year profit, while investors waited for the Federal Reserve's decision on interest rates......»»

Category: topSource: reutersSep 18th, 2019

Starbucks sees slower profit growth in 2020

Starbucks Corp said on Wednesday it expects 2020 adjusted profit growth to be lower than 2019 as it factors in the impact of a one-time tax benefit that has inflated its bottom line this year......»»

Category: topSource: reutersSep 4th, 2019

Starbucks sees slower profit growth in fiscal year 2020

Starbucks Corp said on Wednesday it expects 2020 profit growth to be lower than the current 10% rate, two months after the coffeehouse chain raised its 2019 profit forecast......»»

Category: topSource: reutersSep 4th, 2019

Silverstein signs non-profit at 120 Wall Street

Silverstein Properties announced that Excess Line Association of New York (ELANY), a nonprofit industry advisory association that focuses on the excess and surplus line industry, has signed a 12-year, 14,476 s/f lease at Lower Manhattan’s 120 Wa.....»»

Category: realestateSource: realestateweeklyAug 30th, 2019

Bank stocks take a beating as inverted yield curve fuels recession fears

Bank stocks traded broadly, and in some cases sharply lower, as the spread between yields on 2-year and 10-year Treasurys briefly turned negative, which fueled fears that a credit crunch and recession were looming......»»

Category: topSource: marketwatchAug 14th, 2019

BP second-quarter profit of $2.8 billion above expectations

BP reported $2.8 billion in second-quarter profit on Tuesday, unchanged from a year earlier, held back by lower oil prices......»»

Category: topSource: reutersJul 30th, 2019