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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

Bayer says 2019 profit goal becoming a stretch

Germany's Bayer became the latest agricultural supplies company to be affected by flooded farms in the United States and by trade disputes, saying its full-year earnings target has become harder to reach......»»

Category: topSource: reutersJul 30th, 2019

After Nissan, a profit plunge at Renault too

French automaker Renault cuts revenue goal after a weaker first half, a day after alliance partner Nissan announced big job cuts and earnings woes. Francis Maguire reports......»»

Category: videoSource: reutersJul 26th, 2019

Ford results dented by restructuring, gives weaker-than-expected forecast

Ford Motor Co on Wednesday reported a lower-than-expected profit, weighed down by charges to restructure its units in Europe and South America, and the automaker gave a full-year earnings forecast that fell short of analysts' expectations......»»

Category: topSource: reutersJul 24th, 2019

Ford results dented by restructuring, gives low "19 forecast

Ford Motor Co on Wednesday reported a lower-than-expected profit, weighed down by charges to restructure its units in Europe and South America, and the automaker gave a full-year earnings forecast that fell short of analyst expectations......»»

Category: topSource: reutersJul 24th, 2019

Union Pacific Confident In Its March Towards A Lower Operating Ratio

Union Pacific (NYSE: UNP) still expects to reach a previously stated goal of an annual operating ratio of below 61 percent for 2019 despite lower rail volumes in the first half of this year. read more.....»»

Category: blogSource: benzingaJul 18th, 2019

Market Snapshot: S&P 500 sets fresh high as 10-year Treasury yield slides to new two-year low

U.S. stocks end higher on Tuesday despite gloomy outlook for world economy that are driving bond yields lower......»»

Category: topSource: marketwatchJul 2nd, 2019

Market Snapshot: U.S. stocks slide amid ‘illusion of market stability’ after S&P 500 sets record

U.S. stocks are lower early Tuesday, after the S&P 500 notched its sixth record of the year Monday in the wake of a China-U.S. trade truce achieved at the G-20 meeting in Japan......»»

Category: topSource: marketwatchJul 2nd, 2019

Exxon quarterly profit to feel pinch of weaker natural gas, chemical earnings

Exxon Mobil Corp said on Monday lower natural gas and chemical margins in its second quarter would offset improved crude and refining operations, pointing to flat profits sequentially and down from a year-earlier......»»

Category: topSource: reutersJul 1st, 2019

Tiffany sees lower Chinese tourist sales

Luxury jeweler Tiffany cut its profit outlook for the year Tuesday, blaming dramatically lower spending by tourists at its stores around the world for missing quarterly same-store sales estimates. Fred Katayama reports......»»

Category: videoSource: reutersJun 4th, 2019

Kohl"s chops profit forecast after dismal first quarter, shares slump

Kohl's Corp cut its full-year profit forecast and reported lower-than-expected quarterly results as the department store chain sold fewer full-price spring apparel and saw weak demand for home goods, sending its shares down as much as 14%......»»

Category: topSource: reutersMay 21st, 2019

Toyota operating profit growth to drop this year on revenue slip

Toyota Motor forecast lower growth in operating profit for the current year on an expected drop in revenue and weaker vehicle sales in Japan and North America, underscoring the hard task ahead as it gears up to face a rapidly shifting industry......»»

Category: topSource: reutersMay 8th, 2019

Adding to Ghosn woes, Nissan slashes profit outlook to near-decade low

Nissan slashed its full-year profit forecast to its lowest in nearly a decade due to weakness in the United States, just as it adjusts to life without Carlos Ghosn and charts its future with alliance partner Renault. Edward Baran reports......»»

Category: videoSource: reutersApr 24th, 2019

Adding to Ghosn woes, Nissan slashes profit outlook to near-decade low

Nissan Motor Co slashed its full-year profit forecast to its lowest in nearly a decade due to weakness in the United States, just as it adjusts to life without Carlos Ghosn and charts its future with alliance partner Renault SA......»»

Category: topSource: reutersApr 24th, 2019

Wells Fargo cuts net interest income outlook, sending shares lower

Wells Fargo & Co's aggressive cost cutting helped boost its quarterly profit, but shares in the lender fell after it dialed back its outlook for how much net interest income it would bring in this year......»»

Category: topSource: reutersApr 12th, 2019

Travel operator TUI issues profit warning over 737 grounding

European travel operator TUI Group has warned that its profits this year could be a quarter lower than anticipated as a result of the grounding of Boeing 737 Max jets......»»

Category: topSource: foxnewsMar 29th, 2019

General Electric CEO sets low 2019 profit targets, vows better from 2020

General Electric Co Chief Executive Larry Culp on Thursday set conservative profit targets for this year and staked his reputation on hitting them and doing better in 2020 and beyond, igniting a rally in the stock......»»

Category: topSource: reutersMar 14th, 2019

Philip Morris Cuts Profit Forecast After Canada Court Ruling

Philip Morris International Inc. cut its profit outlook for the year and expects lower pretax earnings in the first quarter after a subsidiary and other tobacco companies lost a major legal appeal in Canada......»»

Category: smallbizSource: wsjMar 7th, 2019

News digest: Battle for Essar Steel, TCS Q4 results, cash crunch, and more

In the March quarter, TCS net profit stood at Rs 69 billion, a 4.7 per cent year-on-year growth rate and 5.71 per cent sequential growth.....»»

Category: topSource: business-standardApr 19th, 2018

Reliance Power posts 16% rise in Q4 profit on higher electricity generation

Revenue from operations or turnover was, however, lower at Rs 24 billion when compared with Rs 25.9 billion in the year-ago period.....»»

Category: topSource: business-standardApr 19th, 2018

Abbott sticks to earlier forecasts, disappoints investors

(Reuters) - Abbott Laboratories' just beat expectations for first quarter profits and revenue on Wednesday but stuck to a full-year profit forecast some investors had expected would be raised, sending the healthcare company's shares lower......»»

Category: topSource: reutersApr 18th, 2018