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......»»
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......»»
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......»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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%......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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.....»»
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.....»»
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......»»