NEWSREGION.NET: News and Advice, Latest of The Day 03:32, 05/30/2019

UPDATE 3-PVH cuts profit forecast as CEO sees retail softness, shares tank

PVH Corp cut its annual profit forecast by 10 cents a share on Wednesday as the Calvin Klein and Tommy Hilfiger brands owner grapples with tariffs and slowing retail growth, exacerbated by w...

UPDATE 3-PVH cuts profit forecast as CEO sees retail softness, shares tank

Source: reuters.com

PVH cuts profit forecast as CEO sees retail softness, shares tank PVH Corp. cut its annual profit forecast by 10 cents a share as the Calvin Klein and Tommy Hilfiger brands owner grapples with tariffs and slowing re...
17:48, 05/30/2019

UPDATE 1-PVH cuts profit forecast for 2019; shares fall PVH Corp, the owner of Calvin Klein and Tommy Hilfiger brands, cut its adjusted profit outlook for the year, citing a challenging macroeconomic envir...
00:00, 05/30/2019

Gap cuts profit forecast after 'extremely challenging' quarter; shares slump 11% Gap Inc cut its 2019 profit forecast and posted the biggest drop in same-store sales in at least three years at its Gap brand, underscoring its strug...
01:32, 05/31/2019

Kohl's cuts profit forecast after weak first quarter, shares slump Kohl's Corp cut its full-year profit forecast after the department store operator missed Wall Street estimates for quarterly same-store sales and pro...
15:48, 05/21/2019

UPDATE 1-Tyson cuts profit forecast, says slaughterhouse fire among challenges U.S. meat processor Tyson Foods Inc on Tuesday lowered its 2019 adjusted earnings forecast citing short-term challenges due to commodity market volat...
00:32, 09/04/2019

UPDATE 1-Nutrien misses profit estimates, cuts forecast on trade war, weather Nutrien Ltd missed estimates for quarterly earnings and cut its full-year adjusted profit forecast on Monday, as the fertilizer maker struggles with ...
02:16, 07/30/2019

UPDATE 1-Calvin Klein owner PVH cuts full-year profit, revenue forecast PVH Corp cut its full-year profit and revenue forecast on Wednesday, as the Calvin Klein owner sees pressure from the escalating trade tensions betwe...
23:48, 08/28/2019

UPDATE 1-SecureWorks cuts full-year revenue forecast; shares fall SecureWorks Corp on Wednesday cut its full-year revenue forecast range, overshadowing the cybersecurity firm's narrow first-quarter loss and sending ...
16:32, 06/05/2019

UPDATE 1-Livent cuts 2019 forecast on weak demand; shares tumble Livent Corp cut its full-year profit and revenue forecasts on Tuesday due to lower demand for lithium hydroxide from some of its main customers and w...
01:00, 05/08/2019

UPDATE 2-Amneal Pharma cuts core profit forecast on allergy shot supply issues Amneal Pharmaceuticals Inc on Wednesday cut its 2019 core earnings forecast, citing the uncertain supply of its epinephrine auto-injectors amid a glo...
15:00, 07/10/2019

UPDATE 2-Lowe's cuts full-year profit forecast as higher costs hurt first quarter Lowe's Cos Inc cut its full-year profit forecast and reported disappointing first-quarter earnings on Wednesday, as higher costs and a push to catch ...
13:32, 05/22/2019

UPDATE 4-Amneal cuts forecast as epinephrine shot supply issues linger, shares slump 36% Shares of Amneal Pharmaceuticals Inc plunged 36% to an all-time low on Wednesday after the generic drugmaker cut its 2019 core earnings forecast due ...
00:32, 07/11/2019

UPDATE 3-Amneal cuts forecast as epinephrine shot supply issues linger, shares slump 35% Shares of Amneal Pharmaceuticals Inc plunged 35% to an all-time low on Wednesday after the generic drugmaker cut its 2019 core earnings forecast due ...
18:48, 07/10/2019

UPDATE 3-Halliburton profit beats as company cuts cost; shares surge Halliburton Co on Monday beat analysts' estimates for second-quarter profit as its Completions and Production unit outperformed expectations, pushing...
17:32, 07/22/2019

UPDATE 4-Halliburton profit beats as company cuts cost; shares rise Halliburton Co on Monday beat analysts' estimates for second-quarter profit as its largest oil-well services unit exceeded expectations, putting the ...
19:00, 07/22/2019

UPDATE 1-Campbell's profit beats estimates on cost cuts, shares rise U.S. food company Campbell Soup Co reported better-than-expected fourth-quarter profit, benefiting from cost cuts, sending shares up 5% before the be...
15:48, 08/30/2019

UPDATE 2-Cognizant profit beats view; flags future softness in banking Cognizant Technology Solutions Corp beat quarterly profit estimates on Wednesday, bolstered by demand in its financial services unit, but flagged low...
02:48, 08/01/2019

Paris-Based Think Tank OECD Cuts Global Growth Forecast While the OECD pared back its global growth forecast for the current year, it predicted a pick-up in activity to 3.4 per cent next year. It notched u...
13:48, 05/21/2019

UPDATE 3-CVS Health raises 2019 profit forecast after beating profit estimates CVS Health Corp raised its full-year profit forecast and reported higher-than-expected second-quarter results on Wednesday, as increased U.S. prescri...
18:32, 08/07/2019

Livent cuts 2019 profit, revenue forecast U.S. lithium producer Livent Corp on Tuesday cut its full-year profit and revenue forecast, citing lower delivered volumes of lithium hydroxide to so...
01:00, 05/08/2019

Global airline industry cuts profit forecast by more than a fifth Passenger numbers are up but US–China trade dispute poses major threat, says IataThe global airline industry is expected to record its lowest profits...
17:32, 06/02/2019

Tyson Cuts Full-Year Profit Forecast Tyson Foods lowered its earnings forecast for the year, citing short-term challenges that have weighed on its bottom line, including commodity market...
06:32, 09/04/2019

UPDATE 1-Deere profit misses; cuts FY19 profit and sales outlook Deere & Co on Friday reported a lower-than-expected quarterly profit and cut its full-year outlook, as an escalating trade war between the United Sta...
13:32, 05/17/2019

Fitbit cuts 2019 revenue view, Versa Lite sales lag; shares tank Wearable device maker Fitbit Inc cut its 2019 revenue forecast on Wednesday, blaming disappointing sales of its newly launched cheapest smartwatch Ve...
03:16, 08/01/2019

Gap cuts 2019 profit forecast after 'extremely challenging' quarter Gap Inc cut its full-year earnings forecast and reported a bigger-than-expected drop in same-store sales, especially at its Gap brand outlets, on Thu...
23:16, 05/30/2019

Dollar Tree cuts profit forecast as costs rise Dollar Tree cut its full-year profit forecast on Thursday, citing costs related to store closures and freight, sending its shares down 4% in trading ...
17:48, 05/30/2019

Tyson cuts profit forecast, says slaughterhouse fire among challenges Tyson Foods Inc lowered its 2019 adjusted earnings forecast on Tuesday, citing a litany of causes including a recent fire at its Holcomb slaughterho...
03:00, 09/04/2019

Target shares up 15 percent on strong profit forecast Target raised its annual profit forecast on Wednesday after reporting better-than-expected quarterly results as higher investments to remodel stores ...
04:16, 08/22/2019

Calvin Klein owner PVH cuts full-year profit, revenue forecast PVH Corp cut its full-year profit and revenue forecast on Wednesday, as the Calvin Klein owner sees pressure from the escalating trade tensions betw...
23:16, 08/28/2019

Home Depot Cuts Sales Forecast, Posts Slightly Lower Profit Home Depot lowered its sales forecast, warning that rising material costs and the potential effects of tariffs on U.S. consumers could weigh on growt...
17:16, 08/20/2019

Tyson Foods cuts 2019 profit forecast on short-term challenges Tyson Foods Inc on Tuesday lowered its 2019 adjusted earnings forecast, as it was experiencing short-term challenges resulting from commodity market ...
00:32, 09/04/2019

Ferrari tops first-quarter profit forecast, shares surge Italian luxury carmaker Ferrari beat forecasts with a 14 percent rise in first-quarter core earnings, driven by strong sales of its Portofino model a...
13:32, 05/07/2019

Intel shares fall on modest 3-year profit forecast Intel shares dropped 2.5 percent after executives forecast modest profit growth over the next three years, signaling it is likely to lag chipmaker ri...
14:48, 05/09/2019

Campbell raises profit forecast on snack boost, shares up 10% Campbell Soup raised its profit forecast for the year on Wednesday after its quarterly earnings beat estimates on stronger sales of its growing range...
19:48, 06/05/2019

Lowe's cuts full-year profit forecast as higher costs hurt first quarter Lowe's Cos Inc cut its full-year profit forecast and reported disappointing first-quarter earnings on Wednesday, as higher costs and a push to catch ...
13:48, 05/22/2019

Xerox cuts full-year revenue forecast, shares fall Xerox Corp posted a better-than-expected quarterly profit on Tuesday, but cut its full-year revenue forecast citing organizational changes, primaril...
20:48, 07/30/2019

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 ...
19:48, 05/21/2019

UPDATE 3-TD Bank profit rises on U.S. retail, wholesale banking growth TD Bank Group, Canada's second-biggest lender by market value, said third-quarter profit rose as growth in its U.S. retail business outweighed higher...
18:16, 08/29/2019

Albemarle shares rise on profit beat, upbeat 2019 earnings forecast Albemarle Corp , the world's largest lithium producer, posted a better-than-expected quarterly profit on Wednesday, aided by higher sales and prices ...
00:32, 08/08/2019

Amneal cuts forecast as epinephrine shot supply issues linger, shares slump 36% Shares of Amneal Pharmaceuticals Inc plunged 36% to an all-time low on Wednesday after the generic drugmaker cut its 2019 core earnings forecast due ...
11:32, 07/11/2019

Kohl’s cuts profit estimates, sending its shares tumbling Kohl’s cut its full-year profit forecast after the department store operator missed Wall Street estimates for quarterly same-store sales and profit, ...
17:48, 05/21/2019

UPDATE 1-TD Bank profit misses on higher provisions, sluggish growth in Canada retail Canada's second-biggest lender TD Bank Group fell short of analysts' estimates for quarterly profit on Thursday, hurt by higher provisions for loan l...
13:48, 08/29/2019

Campbell's profit beats estimates on cost cuts, shares rise U.S. food company Campbell Soup Co reported better-than-expected fourth-quarter profit, benefiting from cost cuts, sending shares up 5% before the b...
15:48, 08/30/2019

3M cuts 2019 profit outlook on weak China, shares fall 11 percent Shares of 3M Co fell 11 percent on Thursday after the U.S. manufacturing conglomerate cut its 2019 earnings forecast and said it would lay off 2,000 ...
06:32, 04/29/2019

UPDATE 3-Dow cuts 2019 spending forecast on U.S-China trade tensions Dow Inc forecast current-quarter revenue below analysts' expectations on Thursday and cut 2019 spending as chemical companies grapple with U.S.-China...
19:00, 07/25/2019

UPDATE 4-Dow cuts 2019 spending forecast on U.S-China trade tensions Dow Inc forecast current-quarter revenue below analysts' expectations on Thursday and cut 2019 spending as chemical companies grapple with U.S.-China...
02:00, 07/26/2019

UPDATE 2-Capri cuts sales forecast as Michael Kors demand slows Capri Holdings Ltd missed quarterly revenue estimates and cut its full-year sales forecast on Wednesday, as the high-end fashion house struggled with...
16:32, 08/07/2019

UPDATE 1-American Airlines sees $185 mln profit hit from Boeing MAX grounding American Airlines Group Inc said on Wednesday its second-quarter profit would be reduced by about $185 million as the No.1 U.S. airline had to cancel...
15:00, 07/10/2019

UPDATE 2-Devon Energy raises U.S. oil output forecast, beats profit estimates Devon Energy Corp on Tuesday raised its full-year U.S. oil production forecast and beat analysts' estimates for quarterly profit, supported by higher...
00:16, 05/01/2019

UPDATE 2-CVS Health raises 2019 profit forecast after beating quarterly estimates CVS Health Corp raised its full-year profit forecast and posted better-than-expected quarterly results on Wednesday, as higher U.S. prescription drug...
16:32, 08/07/2019

UPDATE 1-Anthem beats second-quarter profit estimates, ups 2019 earnings forecast U.S. health insurer Anthem Inc reported better-than-expected second-quarter earnings on Wednesday on the back of higher sales of its government-backe...
12:48, 07/24/2019

UPDATE 1-TJX raises full-year profit forecast after same-store sales beat TJX Cos Inc raised its full-year profit forecast and beat quarterly same-store sales estimates on Tuesday, as the off-price retailer's steep discount...
15:32, 05/21/2019

UPDATE 2-Abercrombie & Fitch cuts full-year sales forecast on tariff impact Abercrombie & Fitch Co cut its full-year sales forecast on Thursday after missing Wall Street estimates for the second quarter, as the U.S. apparel r...
18:16, 08/29/2019

UPDATE 1-Televisa profit falls in 1st-qtr as government cuts ad spending Mexican broadcaster Televisa, the world's biggest producer of Spanish-language content, reported on Monday a 20 percent drop in its first-quarter net...
01:32, 04/30/2019

UPDATE 1-SNC-Lavalin to speed up cost cuts after profit plunges SNC-Lavalin Group Inc on Thursday reported a 73 percent plunge in adjusted quarterly profit and said it would speed up its plans to simplify its oper...
15:48, 05/02/2019

UPDATE 1-Slack loss forecast bigger than expected, shares plunge Slack Technologies Inc forecast a bigger-than-expected loss for the third quarter on Wednesday, as the workplace messaging and communication platform...
00:32, 09/05/2019

UPDATE 3-Pinterest shares plummet on disappointing 2019 revenue forecast Pinterest Inc on Thursday forecast 2019 revenue broadly in line with Wall Street targets, disappointing investors who had expected more from the fres...
02:00, 05/17/2019

UPDATE 1-Salesforce revenue forecast beats estimates, shares rise 7% Salesforce.com Inc forecast third-quarter revenue above Wall Street estimates on Thursday, encouraged by more companies opting for its cloud-based se...
01:16, 08/23/2019

UPDATE 2-American Airlines raises unit revenue forecast, shares rise American Airlines Group Inc on Wednesday raised its estimate for second-quarter unit revenue as the grounding of Boeing Co's MAX jets left the No. 1 ...
16:00, 07/10/2019

UPDATE 1-New merchandise, revamped stores drive Dollar General forecast, shares up 8% Dollar General Corp raised its full-year forecasts for sales and profit on Thursday as the discount store chain benefits from a wider selection of me...
13:48, 08/29/2019

UPDATE 2-GoPro lifts revenue forecast on new product slate, shares rebound GoPro Inc raised its 2019 revenue forecast on Thursday, as the action camera maker bets on new releases slated for later this year and helping shares...
02:32, 08/02/2019

UPDATE 3-Beyond Meat sees sales more than doubling in 2019, shares jump 21% Beyond Meat Inc said it expects to more than double its revenue and report breakeven EBITDA this year, betting on the growing demand for plant-based ...
01:00, 06/07/2019

UPDATE 3-Broadcom sees chip demand slowing down, shares fall 8% Broadcom Inc on Thursday warned of a broad slowdown in chip demand, blaming a trade conflict between the United States and China and export restricti...
02:00, 06/14/2019

UPDATE 4-Beyond Meat sees sales more than doubling in 2019, shares jump 21% Beyond Meat Inc, a maker of plant-based burgers and sausages, said it expects to more than double its revenue and report breakeven EBITDA this year, ...
06:48, 06/07/2019

UPDATE 4-Lyft forecasts 2019 peak year for losses, sees path to profit with ride sharing Lyft Inc on Tuesday forecast that 2019 would be the peak year for losses after the ride service company lost $1.1 billion in its first quarter, just ...
01:00, 05/08/2019

UPDATE 1-Nordstrom profit beats estimates, shares surge 13% Upscale retailer Nordstrom Inc reported a better-than-expected quarterly profit on Wednesday, as its focus on online business helped offset weaker sa...
00:16, 08/22/2019

REFILE-UPDATE 2-Newell Brands sees Toys 'R' Us woes ending, shares up 10 percent U.S. consumer products maker Newell Brands Inc on Friday beat first-quarter estimates and said the bankruptcy of its retail partner Toys 'R' Us would...
19:48, 05/03/2019

UPDATE 1-Oracle quarterly profit beats estimates; shares rise Oracle Corp beat fourth-quarter revenue and profit estimates on Wednesday, as the business software maker benefited from demand for its on-premise IT...
00:00, 06/20/2019

UPDATE 1-Palo Alto forecasts 2020 profit below estimates, shares down 10% Cybersecurity firm Palo Alto Networks forecast fiscal 2020 adjusted profit below Wall Street estimates on Wednesday, sending its shares down 10% in e...
00:32, 09/05/2019

UPDATE 2-Tapestry shares surge after $1 bln buyback plan, profit beat Tapestry Inc on Thursday unveiled its biggest buyback plan in nearly seven years and beat Wall Street estimates for third-quarter profit as it sold m...
16:00, 05/09/2019

UPDATE 3-Coty sees revenue improving as turnaround plan takes shape; shares rise Cosmetics maker Coty Inc raised its annual revenue forecast on Wednesday, as it embarks on a multi-year turnaround plan that involves cost cuts and i...
18:16, 08/28/2019

UPDATE 1-Tapestry beats profit estimates, announces $1 bln buyback; shares rise 12 pct Tapestry Inc beat Wall Street estimates for third-quarter profit on better-than-expected sales of its Coach and Kate Spade handbags, and announced a ...
14:00, 05/09/2019

UPDATE 2-Serco shares jump on profit boost from $225 mln U.S. naval supplier deal British outsourcer Serco on Thursday said it would buy U.S. engineering firm Alion's naval systems unit for $225 million to expand in the fast-growin...
10:48, 05/23/2019

UPDATE 2-Starbucks raises profit view on U.S., China demand; shares near record Starbucks Corp raised its annual earnings forecast after quarterly same-store sales exceeded Wall Street estimates on Thursday, as the world's larges...
23:48, 07/25/2019

UPDATE 2-Dell beats profit estimates on higher desktop sales; shares rise 9% Dell Technologies Inc beat Wall Street profit estimates on Thursday, helped by higher demand for desktops, as well as a focus on more profitable cont...
01:16, 08/30/2019

UPDATE 7-GE cautious as profit rises, cash burn slows; shares, bonds rise General Electric Co said on Tuesday it generated more profit and lost less cash than expected in the first quarter, suggesting an improving outlook u...
00:16, 05/01/2019

UPDATE 2-Canada's CAE profit miss, weak cash flow send shares tumbling Canada's CAE Inc fell short of analysts' profit expectations on Wednesday and reported weaker-than-expected free cash flow in the quarter, sending it...
19:00, 08/14/2019

UPDATE 2-HollyFrontier shares fall as lubricant unit's losses overshadow profit beat Dismal performance at HollyFrontier Corp's lubricants and specialty products unit outweighed the company's quarterly revenue and profit beat on Thurs...
20:16, 05/02/2019

UPDATE 2-Ralph Lauren's N.America woes cloud profit beat, shares fall 8% Luxury apparel maker Ralph Lauren Corp beat Wall Street estimates for quarterly profit on Tuesday, benefiting from higher demand in international mar...
16:48, 05/14/2019

UPDATE 2-Wendy's backs full-year profit target after narrow beat, shares rise Wendy's Co stuck to its full-year profit forecast on Wednesday after edging past analysts' estimates for second quarter in the face of a handful of m...
18:32, 08/07/2019

UPDATE 1-Palo Alto Networks forecasts current-quarter profit below estimates, shares fall Cybersecurity company Palo Alto Networks Inc forecast current-quarter profit below analysts' estimates on Wednesday, largely due to expenses related ...
00:00, 05/30/2019

UPDATE 1-Dell revenue misses as China softness hits server business Dell Technologies Inc reported lower-than-expected revenue in the first quarter as its server business declined for the first time in 10 quarters ami...
02:16, 05/31/2019

CVS Health raises 2019 profit forecast after beating profit estimates CVS Health Corp raised its full-year profit forecast and reported higher-than-expected second-quarter results on Wednesday, as increased U.S. prescr...
19:00, 08/07/2019

Chinese electric car maker BYD's first-quarter profit up 632 percent, sees first-half profit up Chinese electric vehicle maker BYD Co Ltd, backed by U.S. investor Warren Buffett, reported on Sunday a 632 percent jump in its first-quarter net pro...
18:48, 04/28/2019

Deere profit falls 6.1%, cuts FY19 profit and sales outlook Deere & Co on Friday reported a 6.1% fall in second-quarter profit, hit by higher production costs and lowered its full-year outlook for profit and s...
13:32, 05/17/2019

RBI Raises Retail Inflation Forecast To 3-3.1% For First Half Of 2019-20 In its first bi-monthly policy for FY20 in April, the Reserve Bank of India (RBI) had forecast the retail inflation to be hovering in the range of 2....
11:32, 06/06/2019

Carrefour sees more retail sector consolidation, including in France The boss of Carrefour said on Friday the retail sector was bound to consolidate in the coming years, notably in France, as competition intensifies, a...
16:48, 06/14/2019

TD Bank Group's Profit Lifted by U.S. Retail Operations Toronto-Dominion Bank Group joined its largest Canadian rival in slowing spending during its fiscal third quarter amid macroeconomic uncertainty and ...
19:16, 08/29/2019

Alphabet shares tank over antitrust probe concerns Alphabet Inc.’s shares fell as much as 7 percent Monday following reports that the US Justice Department may investigate Google for hampering competi...
20:32, 06/03/2019

Forecast Sees U.S. Warehousing Market Cooling Down In the next three years, the rate of annual demand growth likely will decline to a little below 0.9%, nearly half the level of 2018, according to a f...
15:32, 05/30/2019

Mallinckrodt shares tank 39% on report opioid manufacturer is exploring bankruptcy Shares of Mallinckrodt tanked 39% Thursday after Bloomberg reported the drugmaker is considering bankruptcy as it faces a slew of lawsuits related to...
00:02, 09/06/2019

Drugmaker Insys shares tank after saying opioid lawsuits may force it into bankruptcy Insys Therapeutics shares tanked Monday after the company said it may have to file for bankruptcy because it can't afford legal costs related to...
17:16, 05/13/2019

General Electric shares tank following accusation of 'bigger fraud than Enron' Share price plummets as Madoff whistleblower Harry Markopolos claims company is engaging in $38bn accounting fraudThe whistleblower who exposed Berna...
11:32, 08/16/2019

Next shares surge as sales growth defies retail gloom Next has provided some rare cheer for high street retailers by raising its profit expectations following a better-than-expected leap in full-price sa...
14:48, 07/31/2019

ACEA slashes 2019 car sales forecast, now sees 1% shrinking European automobile manufacturers' association ACEA on Thursday said it expected European passenger car registrations to shrink by 1% in 2019, revisi...
12:32, 06/27/2019

Home Depot Cuts Sales Forecast Home Depot lowered its sales forecast and warned that falling lumber prices—as well as the potential effects of tariffs on U.S. consumers—could weigh...
21:48, 08/20/2019

Wall St Week Ahead-Tariffs could lead to markdowns in retail shares U.S. retailer stocks have moved from buoyant to bruised this year and the intensification of the U.S.-China trade war makes them especially vulnerabl...
22:32, 05/17/2019

High-flying IPOs Crowdstrike, Zoom, and Medallia shares tank after quarterly results Three of Wall Street's top-performing IPO stocks in 2019 tumbled after the companies' quarterly results failed to satisfy investors and jus...
21:32, 09/06/2019

IEA cuts growth forecast over potential economic slowdown The International Energy Agency said Friday it now expects a decline in global oil demand, citing concerns for a potential economic downturn and the ...
21:00, 08/09/2019

Amazon.com brings Prime service to Brazil; local retail shares drop Amazon.com Inc said on Tuesday it will launch its Prime subscription service in Brazil, where it has struggled against tough local competition in Lat...
18:16, 09/10/2019

Toyota trims profit forecast as yen casts shadow Toyota posted an 8.7 percent rise in operating profit to 741.9 billion yen ($6.9 billion) in the April-June quarter, helped by a slight increase in v...
23:00, 08/02/2019

Whirlpool Raises Profit Forecast While Controlling Costs Whirlpool raised its profit outlook for the year, saying it was better controlling costs and continuing to benefit from the higher prices it is charg...
06:48, 07/23/2019

Bank of England cuts forecast in 1st warning of no-deal EU exit The threat of Britain leaving the European Union this fall without a detailed agreement with the 28-member bloc led the Bank of England Thursday to c...
11:32, 08/02/2019

Harley-Davidson Cuts Motorcycle Shipment Forecast For 2019 Overall Harley-Davidson sales are still under pressure, and the American motorcycle brand now expects to ship fewer motorcycles worldwide in 2019. Ha...
09:16, 07/25/2019

Singapore second-quarter GDP falls 3.3%, cuts 2019 growth forecast Singapore's second-quarter GDP contraction of 3.3% was slightly smaller than the 3.4% decline seen in the government's advance estimate on ...
04:00, 08/13/2019

Dow cuts 2019 spending forecast on U.S.-China trade tensions Dow Inc forecast current-quarter revenue below analysts' expectations on Thursday and cut 2019 spending as chemical companies grapple with U.S.-Chin...
21:16, 07/25/2019

The Latest: Trade war prompts cuts to global growth forecast The Organization for Economic Cooperation and Development has cut its forecast for world growth this year and warned about the impact of the escalati...
13:00, 05/21/2019

Nordstrom first quarter results disappoint, cuts 2019 forecast Nordstrom Inc on Tuesday cut its forecast for full-year sales and profit after reporting lackluster first-quarter results, blaming softer trends and ...
00:00, 05/22/2019

Nordstrom cuts 2019 forecast after quarterly results miss big Nordstrom Inc on Tuesday cut its forecast for full-year sales and profit after reporting weaker than expected first-quarter results that were hurt by...
01:16, 05/22/2019

Lumentum says it's halting all Huawei shipments; cuts its quarterly forecast Mobile phone parts producer Lumentum on Monday was the first U.S. company to confirm formally it was halting shipments to Huawei, following export re...
15:48, 05/20/2019

Brazil's central bank cuts 2019 GDP growth forecast to 0.8% from 2.0% Brazil's central bank on Thursday slashed its 2019 economic growth forecast to 0.8% from 2.0%, blaming spillover from the huge underperformance in th...
15:32, 06/27/2019

Harley-Davidson cuts forecast after motorcycle sales slump Harley-Davidson on Tuesday trimmed the forecast for shipments of its motorcycles in 2019 after worldwide sales in the second quarter slumped, hurt by...
20:48, 07/23/2019

Lumentum says halting all Huawei shipments, cuts quarterly forecast Mobile phone parts producer Lumentum Holdings Inc on Monday was the first U.S. company to confirm formally it was halting shipments to Huawei Technol...
14:48, 05/20/2019

Skanska profit beats forecast as construction margin improves Swedish building group Skanska's efforts to improve margins are on track, it said on Wednesday as it reported better than expected second-quarte...
10:00, 07/24/2019

Global airlines slash profit forecast on protectionism fears Global airlines slashed a widely watched industry profit forecast by 21% on Sunday as an expanding trade war and higher oil prices compound worries a...
12:48, 06/02/2019

UBS Posts Forecast-Beating Profit but Warns on Geopolitical Tensions Swiss banking giant UBS posted its highest second-quarter net profit in nearly a decade, beating expectations despite lower earnings at its wealth ma...
18:32, 07/23/2019

Israel's Teva Pharm Q1 profit falls slightly less than forecast Israel-based Teva Pharmaceutical Industries reported a slightly smaller-than-expected drop in first-quarter profit on Thursday and said it was on tra...
13:48, 05/02/2019

Chipmaker TowerJazz Q2 profit tops forecast, to expand capacity Israeli chip manufacturer TowerJazz reported a less than expected drop in second quarter profit and said it would invest $100 million to expand produ...
12:48, 07/29/2019

China auto group cuts 2019 sales forecast to a 5% drop China's biggest auto industry association has cut its sales forecast for this year due to slowing economic growth, and now expects sales to fall for ...
21:16, 07/25/2019

Capri cuts sales forecast as Michael Kors demand slows Capri Holdings Ltd missed quarterly revenue estimates and cut its full-year sales forecast on Wednesday, as the high-end fashion house struggled wit...
19:00, 08/07/2019

Canadian Natural cuts Albian mines' output forecast for May, June Canadian Natural Resources Ltd on Wednesday cut its May and June production due to ongoing maintenance at one of its oil sands upgrader at the Albian...
15:48, 05/01/2019

IMF Cuts Global GDP Forecast for 2019, Citing Fallout From Trade Tensions A sharp deceleration of global trade driven by ongoing trade tensions is slowing the global economy more than earlier projections, according to the l...
19:00, 07/23/2019

Italy's Prysmian confirms 2019 targets after Corning cuts forecast Italy's Prysmian confirmed its 2019 guidance after U.S. rival Corning cut its sales forecast, a spokesman for the world's largest cable maker said on...
12:16, 09/17/2019

Ryanair cuts 2020 passenger forecast, fearing Boeing MAX delays Europe's largest budget airline Ryanair has cut its forecast for passenger numbers next summer, blaming possible further delays in deliveries of Boe...
10:16, 07/16/2019

Harley-Davidson cuts 2019 shipments forecast after sales slump Harley-Davidson Inc on Tuesday trimmed the forecast for shipments of its motorcycles in 2019 after worldwide sales in the second quarter slumped, hu...
17:32, 07/23/2019

Singapore cuts 2019 GDP forecast as first-quarter growth hits decade low Trade-reliant Singapore has been hit hard by the Sino-U.S. trade war which has disrupted global supply chains in a blow to business investment and co...
08:00, 05/21/2019

Stronger yen prompts Toyota to trim profit forecast, saps Honda Toyota Motor Corp cut its full-year profit forecast and Honda Motor Co reported a double-digit decline in quarterly profit as a resurgent yen hurt ...
12:32, 08/02/2019

Pfizer posts earnings beat, raises 2019 profit forecast Pfizer Inc on Tuesday beat Wall Street estimates for quarterly profit and slightly raised its earnings forecast for the year, as the largest U.S. dru...
16:48, 04/30/2019

Anthem beats earnings estimates, raises 2019 profit forecast Anthem's first-quarter profit beat Wall Street estimates on Wednesday as it reined in expenses, and the U.S. health insurer raised its earnings ...
18:16, 04/28/2019

Lockheed beats quarterly profit estimates, raises 2019 forecast Lockheed Martin Corp reported a better-than-expected quarterly profit on Tuesday and raised its 2019 profit forecast for the second time in three mo...
17:32, 07/23/2019

BP strikes cautiously confident tone as latest profit beats forecast Under most circumstances, when a company announces its latest profits have merely matched those from the same period a year earlier, it is nothing mu...
23:16, 07/30/2019

Tencent profit tops forecast as fintech and cloud revenues surge Tencent Holdings Ltd posted record quarterly profit on Wednesday, smashing market expectations, as the social media and gaming giant booked a rise in...
16:48, 05/15/2019

Chipmaker TowerJazz second-quarter profit drops less than forecast, to expand capacity Chip manufacturer TowerJazz posted a drop in second quarter profit as revenue fell due to a price cut for a renewed contract, and said it would inves...
15:16, 07/29/2019

Hershey's tepid annual forecast overshadows quarterly profit beat Hershey Co reported a better-than-expected quarterly profit on Thursday, but forecast 2019 earnings below Wall Street expectations as the chocolate ...
21:16, 07/25/2019

CVS Health beats profit estimates, raises full-year forecast CVS Health Corp beat estimates for quarterly earnings on Wednesday and raised its full-year adjusted profit forecast as it benefits from its $69 bill...
15:48, 05/01/2019

Israel's Nice Q2 profit tops forecast, raises 2019 estimates Israeli software provider Nice reported a bigger-than-expected 14% increase in quarterly net profit, fuelled by growth in its cloud platforms, and ra...
13:32, 08/08/2019

CVS Health raises full-year profit forecast on Aetna strength CVS Health Corp on Wednesday raised its full-year profit forecast and reported first-quarter earnings that topped Wall Street estimates due to growth...
18:48, 05/01/2019

Honeywell beats quarterly profit estimates, raises 2019 forecast Honeywell International Inc on Thursday reported a better-than-expected quarterly earnings and raised its full-year sales and profit forecasts, ridi...
14:16, 07/18/2019

Fiat Chrysler Sees 29% Drop in Operating Profit Fiat Chrysler Automobiles NV’s operating profit in the first quarter declined 29% as the auto maker posted lower sales globally, including in its key...
01:00, 05/04/2019

J. M. Smucker misses quarterly sales estimates, cuts full-year forecast J. M. Smucker Co reported quarterly sales below Wall Street estimates on Tuesday, hit by delayed shipments and its move to cut prices on its Folgers ...
14:16, 08/27/2019

Goldman Sachs cuts growth forecast as trade war triggers recession fears Goldman Sachs lowered its fourth-quarter growth forecast by 20 basis points to 1.8%, citing a larger than-expected impact of recent trade war events....
16:00, 08/12/2019

| IOC sees scope for more Tokyo 2020 games budget cuts Tokyo 2020 can make further reductions to its budget despite some sports associations voicing concerns that cost-cutting could harm the running of th...
14:48, 05/21/2019

Fed sees case building for interest rate cuts this year The U.S. Federal Reserve on Wednesday said it was ready to battle growing global and domestic economic risks with interest rate cuts beginning as ear...
03:00, 06/20/2019

Chemicals maker Albemarle profit beats, raises 2019 earnings forecast Albemarle Corp beat quarterly profit estimates on higher demand for bromine and raised its 2019 adjusted profit forecast on Wednesday, sending share...
01:00, 08/08/2019

Carnival Lowers Profit Forecast on Cuba Travel Ban, Slower Europe Demand The world’s biggest cruise operator, Carnival, cut its full-year earnings outlook, citing a hit from voyage cancellations, the abrupt Cuba travel ban...
18:32, 06/21/2019

Coca-Cola Beats Analysts Estimate On Quarterly Profit, Raises Forecast Coca-Cola bought Britain-based Costa Coffee for $5.1 billion and recently rolled out ready-to-drink coffee in cans in the UK and a coffee based soda ...
15:16, 07/23/2019

Toyota trims full-year profit forecast as yen overshadows best quarter since 2015 Toyota posted an 8.7 percent rise in operating profit to 741.9 billion yen ($6.93 billion) in the April-June quarter, helped by a slight increase in ...
10:32, 08/02/2019

Whirlpool beats revenue estimates, raises full-year profit forecast Whirlpool Corp on Monday beat analysts' estimates for second-quarter revenue and raised its full-year profit forecast, as the appliance maker sold i...
22:32, 07/22/2019

VF Corp raises full-year profit forecast after beating quarterly estimates VF Corp.'s quarterly revenue beat Wall Street expectations on Wednesday, helped by higher demand for its Vans sneakers and the North Face brand....
19:00, 07/24/2019

New products, remodelled stores push U.S. dollar chains to boost profit forecast The top two U.S. discount store chains raised their full-year profit forecast on Thursday as a push on adding a range of new products - from fresh fo...
16:16, 08/29/2019

American Airlines sees $185 million profit hit from Boeing MAX grounding American Airlines Group Inc said on Wednesday its second-quarter profit would be reduced by about $185 million as the No.1 U.S. airline had to cance...
15:32, 07/10/2019

Novartis CEO sees chance to accelerate profit margin target Novartis could reach its main drugs business's margin target "a little sooner" than 2022, as it now forecasts, as it cuts costs and as new drugs incl...
16:48, 05/23/2019

Japan's Sharp sees 18 pct profit increase, but misses target Japan's Sharp Corp, an Apple Inc supplier, said on Thursday it expects its operating profit to rise 18.8 percent this year, but well below its target...
09:32, 05/09/2019

FCA sees U.S. pickup trucks lifting profit in rest of 2019 Fiat Chrysler Automobiles NV (FCA) said on Friday that new U.S. pickup truck models would help the automaker achieve its 2019 profit targets and offs...
15:48, 05/03/2019

Amidst high trade tensions and policy uncertainty, UN cuts economic growth forecast Against a backdrop of unresolved trade tensions, high international policy uncertainty and softening business confidence, the UN on Tuesday announced...
00:32, 05/22/2019

China cuts 2019/20 corn use forecast by 2 million tonnes due to African swine fever China's agriculture ministry on Thursday said it was lowering its forecast for corn consumption in the 2019/20 crop year amid outbreaks of African sw...
01:00, 08/13/2019

WRAPUP 6-Fed sees case building for interest rate cuts this year The U.S. Federal Reserve on Wednesday said it was ready to battle growing global and domestic economic risks with interest rate cuts beginning as ear...
00:00, 06/20/2019

Oil rises as Saudi sees producers sticking with ongoing supply cuts Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia should keep supplies restricted at current levels, and in relief that...
06:48, 06/10/2019

JPMorgan now sees two 2019 rate cuts after U.S.-Mexico tariff threat JPMorgan Chase & Co, which previously saw an even chance the U.S. Federal Reserve would slash rates, on Friday said it now predicts two interest rate...
16:48, 05/31/2019

Lowe's Cuts Outlook as Profit Gets Squeezed Lowe’s outpaced rival Home Depot in sales growth for the first time since 2016, but margins fell more than expected and the home-improvement retailer...
02:48, 05/23/2019

Toyota Sees Smaller-Than-Expected Profit Rise In 2019-20, Globally Toyota Motor Corp forecast on Wednesday a 3.3 percent rise in operating profit for the current year due to cost reduction measures and changes to its...
08:16, 05/08/2019

Panasonic sees 27 pct profit fall amid investor calls for change Japan's Panasonic Corp said on Thursday it expects operating profit to drop 27.1 percent this year, amid escalating calls from investors for the spra...
09:32, 05/09/2019

Toyota sees smaller-than-expected profit rise in 2019/2020 Toyota Motor Corp forecast on Wednesday a 3.3 percent rise in operating profit for the current year due to cost reduction measures and changes to its...
07:32, 05/08/2019

Wirecard sees profit potential of Softbank alliance at up to 273 million euros Wirecard sees the total five-year profit potential from its alliance with Japan's Softbank Group Corp at between 209 million euros and 273 million eu...
19:00, 05/10/2019

Geely posts 40% drop in first-half profit, sees uncertain demand Earnings were hit by a sustained downturn in the Chinese market combined with costly measures to reduce dealers' inventories ahead of new emissions s...
22:16, 08/21/2019

Micron revenue & profit beats, sees signs of improving demand Micron Technology Inc beat analysts' estimates for quarterly revenue and profit on Tuesday, and the chipmaker said it is seeing early signs of demand...
23:16, 06/25/2019

Toyota sees slight quarterly profit fall, projects recovery TOKYO (AP) — Japan’s top automaker Toyota is reporting a 4% dip in profit for January-March after vehicle sales fell in North America. Toyota M...
09:32, 05/08/2019

Nissan warns of profit plunge, set to unveil 10,000 job cuts Nissan Motor Co Ltd warned on Wednesday that first-quarter profit tumbled around 90% percent, a day before it is expected to announce more than 10,0...
15:00, 07/24/2019

Union Pacific Cuts Costs, Raises Profit The railroad operator’s second-quarter profit rose even as it shipped less cargo, as the company got a boost from cost cuts tied to its new operating...
19:16, 07/18/2019

Slack loss forecast bigger than expected, shares plunge Slack Technologies Inc forecast a bigger-than-expected loss for the third quarter on Wednesday, as the workplace messaging and communication platfor...
00:32, 09/05/2019

Pinterest shares plummet on disappointing 2019 revenue forecast Pinterest Inc on Thursday forecast 2019 revenue broadly in line with Wall Street targets, disappointing investors who had expected more from the fres...
03:48, 05/17/2019

Eventbrite Shares Plunge After Quarterly Loss, Weak Forecast Eventbrite shares fell about 29% during after-hours trading Wednesday after the event-ticketing company posted a wider-than-expected first-quarter lo...
03:16, 05/02/2019

Salesforce revenue forecast beats estimates, shares rise 7% Salesforce.com Inc forecast third-quarter revenue above Wall Street estimates on Thursday, encouraged by more companies opting for its cloud-based s...
23:48, 08/22/2019

Wirecard sees five-year profit potential of Softbank alliance at 209-273 million euros Wirecard sees the total five-year profit potential from its alliance with Softbank Group Corp at between 209 million euros and 273 million euros ($2...
16:32, 05/10/2019

Lyft sees 'peak losses' this year, says ride hailing has path to profit Ride services company Lyft Inc forecast that its losses would peak this year as it controlled expenses and got more revenue from each customer, posti...
06:16, 05/08/2019

China's Geely posts 40% drop in first-half profit, sees uncertain demand Earnings were hit by a sustained downturn in the Chinese market combined with costly measures to reduce dealers' inventories ahead of new emissions s...
14:48, 08/21/2019

JPMorgan Chase beats profit expectations, sees growth in consumer unit JPMorgan Chase reported a better-than-expected quarterly profit on Tuesday as higher interest income and buoyant consumer lending offset lower activi...
19:32, 07/16/2019

Viacom profit beats on cost cuts, success of 'Bumblebee' Media company Viacom Inc beat quarterly profit estimates on Friday, as costs fell and its Paramount Pictures division gained from the success of its ...
21:48, 05/10/2019

Lufthansa eyes cost cuts to return Eurowings to profit Lufthansa's budget airline Eurowings will aim to cut costs by 15% over the next three years and focus on short-haul flights as part of a plan to retu...
18:48, 06/24/2019

Continental seeks deeper cost cuts as Q2 profit falls 41% Supplier points to a "highly challenging" market with falling car sales in Europe, North America and China, and steep investments for electric and au...
15:32, 08/07/2019

Diageo profit rises on strong demand and cost cuts Diageo, the world's largest spirits company, reported higher annual profit on Thursday, helped by growth across all its markets, an improved pri...
11:32, 07/25/2019

Shopify raises FY forecast on demand for e-commerce tools; shares surge Shopify Inc raised its 2019 earnings forecast and posted a surprise quarterly profit on Tuesday on strong demand for its software that helps retailer...
01:48, 05/01/2019

Tilray Shares: Managing Risk and a Missed Forecast - A Brief Case Study Your trading method should help you succeed: but, your method should also help you manage risk. See a forecast that did not work out, yet that did ha...
23:16, 06/13/2019

New merchandise, revamped stores drive Dollar General forecast, shares up 8% The outlook as well as a quarterly profit beat eased some concerns around the impact of the Trump administration's latest tariffs on some Chines...
13:16, 08/29/2019

Videogame maker Activision's second-quarter forecast misses, shares fall Activision Blizzard Inc forecast second-quarter profit below estimates on Thursday, as the videogame maker invests in its core franchises to counter ...
00:00, 05/03/2019

Activision forecast miss clouds esports push, shares drop Activision Blizzard Inc forecast second-quarter adjusted profit below estimates on Thursday, as the videogame maker puts more money into its franchis...
01:48, 05/03/2019

GoPro lifts revenue forecast on new product slate, shares rebound GoPro Inc raised its 2019 revenue forecast on Thursday, as the action camera maker bets on new releases slated for later this year and helping share...
06:32, 08/02/2019

Coach-owner Tapestry shares tumble as its sales and forecast disappoint Tapestry forecast a surprise fall in first-quarter revenue and profit on Thursday, as the high-end fashion house struggles with sluggish demand for i...
17:32, 08/15/2019

Trump insists Alabama was threatened by Dorian, shares forecast model President Trump on Thursday launched a renewed effort to push back on the criticism over his claim that Hurricane Dorian’s path had threatened Alabam...
04:00, 09/06/2019

UPDATE 4-Pemex bonds tank after Fitch 'junk' rating, Mexico slams downgrade The bonds of Mexican state oil company Pemex took a beating on Friday as investors fretted over chances that Moody's ratings agency could soon follow...
00:48, 06/08/2019

China's Geely posts 40% slump in first-half profit, sees uncertain demand outlook China's Geely Automobile Holdings Ltd said on Wednesday first-half net profit skid 40% amid a sustained downturn in the world's biggest auto market,...
10:48, 08/21/2019

Toshiba quarterly profit jumps on cost cuts, but misses estimates Japan's Toshiba Corp reported on Wednesday a 10-fold jump in first-quarter operating profit as it stepped up cost cuts across divisions, but the prof...
07:00, 08/07/2019

Daimler's Zetsche bows out pledging cost cuts to boost profit Daimler said its target remains to return Mercedes-Benz Cars, which includes the Mercedes brand and Smart, and Mercedes-Benz Vans to a "profitability...
16:00, 05/22/2019

Carnival cuts 2019 profit on Cuba travel ban, higher expenses Carnival cut its profit forecast for the year on Thursday due to the Trump administration's sudden ban on cruises to Cuba and higher expenses re...
21:32, 06/20/2019

Bombardier to shed Belfast factory in revamp, shares slide on forecast fears Bombardier put its Belfast wing-making factory on the block as part of a wider shake-up, while the plane and train maker's reluctance to say it would...
00:00, 05/03/2019

Under Armour shares sink 15% on sales miss and lower forecast in North America For the year, Under Armour now expects sales in North America will decline slightly. It's been struggling to keep up with rivals Nike and Adidas...
19:16, 07/30/2019

Qualcomm current-quarter revenue forecast falls short, shares drop Qualcomm Inc on Wednesday forecast current-quarter revenue largely below Wall Street targets, excluding a settlement payment from Apple Inc, sending ...
23:00, 05/01/2019

Ford shares plunge after earnings fall short, 2019 forecast disappoints Ford, which has slashed thousands of jobs this year, is also investing $11 billion by 2022 in electric and hybrid vehicles to try to keep pace in a c...
00:16, 07/25/2019

Intel eases chip demand concerns with raised forecast, shares gain Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about...
23:00, 07/25/2019

Beyond Meat sees sales more than doubling in 2019, shares jump 21% Beyond Meat Inc, a maker of plant-based burgers and sausages, said it expects to more than double its revenue and report breakeven EBITDA this year, ...
02:48, 06/07/2019

Broadcom sees chip demand slowing down, shares fall 8% Broadcom Inc on Thursday warned of a broad slowdown in chip demand, blaming a trade conflict between the United States and China and export restricti...
06:48, 06/14/2019

Salesforce sees higher quarterly, FY revenue; shares rise 7% Salesforce.com Inc forecast third-quarter and full-year revenue above Wall Street estimates on Thursday, as it benefits from acquisitions and more c...
02:16, 08/23/2019

SoftBank Corp to spend $4 billion to up Yahoo Japan stake, sees profit rising 24 percent Japanese telco SoftBank Corp said on Wednesday it would spend $4 billion to up its stake in Yahoo Japan Corp and turn the internet company into a sub...
11:32, 05/08/2019

Lyft forecasts 2019 peak year for losses, sees path to profit with ride sharing Lyft Inc on Tuesday forecast that 2019 would be the peak year for losses after the ride service company lost $1.1 billion in its first quarter, just ...
00:32, 05/08/2019

Union Pacific cost cuts sheltered profit amid freight slowdown Union Pacific Corp on Thursday reported a quarterly profit that beat Wall Street estimates, as the U.S. railroad operator cut costs and raised rates...
22:00, 07/18/2019

Pinterest shares soar after tech unicorn sees 'blowout quarter' Second-ever quarterly earnings report marks tentative success for social networkPinterest shares soared after its second-ever quarterly earnings repo...
05:00, 08/02/2019

Pinterest shares tumble as profit seen elusive Pinterest Inc's shares slumped as much as 17% on Friday after the online scrapbook company's disappointing annual forecast shook investors' faith in ...
18:48, 05/17/2019

Daimler's stock drops as diesel scandal cuts profit for Mercedes' parent company Share's of German automaker Daimler fell almost 4% in Monday trading after the company said Sunday that profits for the second quarter would be ...
22:32, 06/24/2019

Texas Instruments beat profit estimates, shares up 6% Texas Instruments Inc beat Wall Street estimates for quarterly profit and revenue on Tuesday, signaling a relief against the backdrop of a global sl...
00:16, 07/24/2019

Mercedes-Benz maker's shares down after third profit warning The fallout from over-producing diesel vehicles has continued to haunt automobile giant Daimler, after it was forced to lower profit expectations aga...
18:32, 06/24/2019

GoPro misses profit estimates, shares fall 12% GoPro Inc fell short of Wall Street expectations for second-quarter revenue and profit on Thursday, as it struggled to attract customers for its act...
22:32, 08/01/2019

Tesla shares sink as Musk changes tune on profit Shares of Tesla Inc sank 11 percent on Thursday, on course to knock more than $5 billion off the electric carmaker's market value, a day after it di...
15:32, 07/25/2019

Apple shares slide as HSBC cuts price target Apple shares were down 2.5% in pre-market Monday after HSBC cut the tech giant's price target over fears of its exposure to the trade war betwee...
15:16, 05/20/2019

Asian shares fall as bets off on sharp U.S. rate cuts Asian shares fell on Monday after strong U.S. jobs data tempered expectations for a Fed rate cut, while the Turkish lira hovered near two-week lows o...
06:16, 07/08/2019

Under Armour shares sink 16% on sales miss, sees more weakness ahead in North America Under Armour on Tuesday morning reported mixed earnings, sending its shares falling in premarket trading. For the year, it now expects sales in North...
16:16, 07/30/2019

Apple's Profit Falls, but Shares Rise on Higher Dividend Apple reported another quarterly decline in profit and revenue, as iPhone sales fell 17%. Shares, though, rose in after-hours trading as the company ...
00:16, 05/01/2019

UltraTech Cement Shares Jump After Two-Fold Increase In Q1 Profit UltraTech share price: At 10:32 am, UltraTech shares traded 3.19 per cent higher at Rs 4,366.75 apiece on the BSE. The Mumbai-based cement maker's re...
14:00, 08/09/2019

Daimler profit warning weighs on European shares, eyes on G20 A profit warning from Mercedes-Benz maker Daimler dampened European stock markets early on Monday, as investors looked for direction to a keenly awai...
09:48, 06/24/2019

Zalando profit guidance upgrade sends shares higher Online fashion retailer Zalando raised its profit guidance on Thursday after a big jump in visits to its website, with the company citing efforts to ...
15:00, 08/01/2019

Tesla shares, bonds under pressure as Musk changes tune on profit Shares of Tesla Inc sank 14% on Thursday and its bonds traded lower, a day after the electric carmaker said it needed more time to turn a profit, re...
19:48, 07/25/2019

Cloud growth fuels IBM profit beat, shares rise International Business Machines Corp beat analysts' estimates for second-quarter profit on Wednesday, propped up by recurring growth in its high-marg...
00:32, 07/18/2019

SoftBank Group to book 1.2 trln yen profit on sale of Alibaba shares Japan's SoftBank Group Corp said on Tuesday it expects to book around 1.2 trillion yen ($11.12 billion) in pre-tax profit on the sale of shares in Ch...
09:32, 06/04/2019

AIG shares jump as profit beats on strong underwriting and lower costs Insurer AIG reported first-quarter earnings that trounced Wall Street estimates, as its general insurance business posted its first underwriting prof...
15:00, 05/07/2019

AIG profit beats on strong underwriting, lower costs; shares up 6 percent Insurer American International Group Inc reported first-quarter earnings that trounced Wall Street estimates on Monday, as its general insurance busi...
07:48, 05/07/2019

GE cautious as profit rises, cash burn slows; shares rise General Electric Co said on Tuesday it generated more profit and lost less cash than expected in the first quarter, suggesting an improving outlook u...
16:48, 04/30/2019

Asian shares fall on weak data as focus shifts to rate cuts Asian shares fell on Tuesday as weak economic indicators and an intensifying Sino-U.S. trade war inflamed concerns about global growth, supporting sa...
09:48, 06/04/2019

European shares flat, Daimler's profit warning knocks auto stocks European shares were little changed in early trade on Friday, as investors parsed through China trade data that came in at market open, an indicator ...
11:48, 07/12/2019

Samsung says Japanese curbs cloud outlook as profit halves, shares fall Samsung Electronics warned on Wednesday that Japanese curbs on the export of chip-making materials was blurring its outlook and said it would delay ...
07:48, 07/31/2019

Thomson Reuters profit tops Wall St. forecasts, shares hit all-time high Thomson Reuters Corp on Wednesday reported stronger-than-expected quarterly profit, boosted by demand for information it sells to legal professionals...
18:16, 05/08/2019

Dell beats profit estimates on higher desktop sales; shares rise 9% Dell Technologies Inc beat Wall Street profit estimates on Thursday, helped by higher demand for desktops, as well as a focus on more profitable con...
05:48, 08/30/2019

Dollar General's strong same-store sales, profit beat lift shares Dollar General beat analysts' estimates for quarterly same-store sales, as customers spent more on groceries, seasonal products and home goods a...
17:48, 05/30/2019

Tesla shares drop after Elon Musk says he does not expect to turn a profit this quarter He based his expectations on one-time charges and other financial commitments, and added that he does expect the company to be profitable in the seco...
21:48, 05/01/2019

Levi Strauss Shares Fall on Smaller Profit, Second-Half Sales Outlook Levi Strauss shares fell after the jeans maker said costs related to its IPO hurt profits in the latest quarter and that it expects sales growth to m...
17:16, 07/10/2019

Airline shares under pressure after surprise Lufthansa profit warning – business live German carrier warns on “aggressive” growth in low-cost competitionKier Group to cut 1,200 jobs and sell housing divisionParis air show: Airbus revea...
18:48, 06/17/2019

European shares fall as BASF profit warning hits German stocks European shares opened lower on Tuesday in what could be their third straight day of losses as German shares fell sharply due to a profit warning fro...
11:16, 07/09/2019

Ralph Lauren's North America woes cloud profit beat, shares down nearly 8% Luxury apparel maker Ralph Lauren Corp beat Wall Street estimates for quarterly profit on Tuesday, benefiting from higher demand in international mar...
19:32, 05/14/2019

GE cautious as profit rises, cash burn slows; shares, bonds rise General Electric Co said on Tuesday it generated more profit and lost less cash than expected in the first quarter, suggesting an improving outlook u...
20:32, 04/30/2019

Lowe's shares jump as higher-spending customers drive profit beat Lowe's Cos Inc shares surged over 11% on Wednesday as the home improvement chain's efforts to focus on higher-spending customers helped it beat quar...
19:48, 08/21/2019

Asian shares falter, dollar jumps as Powell dampens hopes for more rate cuts Asian shares fell to six-week lows on Thursday and the dollar rose after the U.S. Federal Reserve delivered a 25-basis-point rate cut as expected but...
03:16, 08/01/2019

UPDATE 6-GE lifts forecast but warns Boeing grounding may cost $1.4 bln General Electric Co raised its 2019 forecast on Wednesday, but disclosed more than $1 billion in potential costs from Boeing's grounded 737 MAX jetli...
02:48, 08/01/2019

UPDATE 1-Livent executives to exit after lithium forecast slashed Livent Corp said on Friday that two senior executives were leaving to pursue other opportunities, coming just days after the lithium producer cut its...
03:32, 05/11/2019

UPDATE 2-Best Buy's sales forecast falls short as tariffs loom Best Buy Co Inc blamed planned U.S. tariffs on Chinese imports and uncertainty about future consumer behavior for a lower annual sales forecast, beco...
18:16, 08/29/2019

UPDATE 1-Take-Two revenue forecast misses as competition from 'Fortnite' intensifies Take-Two Interactive Software Inc reported lower-than-expected quarterly revenue and forecast first-quarter sales below analysts' expectations, as it...
02:00, 05/14/2019

Snap shares climb as Bank of America sees improved revenue after viral 'gender-face-swap' filter Shares of Snapchat parent company Snap rose in premarket trading on Thursday after Bank of America said a recent spike in app downloads will drive be...
19:48, 07/11/2019

GLOBAL MARKETS-Asian shares fall on weak data as focus shifts to rate cuts Asian shares fell on Tuesday as weak economic indicators and an intensifying Sino-U.S. trade war inflamed concerns about global growth, supporting sa...
09:32, 06/04/2019

Lumber Liquidators tumbles after founder shelves buyout and sells shares for a quick profit Shares of flooring company Lumber Liquidators plunged Friday after founder and former CEO Thomas Sullivan decided to opt out of his bid to take the c...
17:32, 09/14/2019

Wendy's backs full-year profit target after narrow beat, shares rise Wendy's Co stuck to its full-year profit forecast on Wednesday after edging past analysts' estimates for second quarter in the face of a handful of ...
19:00, 08/07/2019

Palo Alto Networks forecasts current-quarter profit below estimates, shares fall Cybersecurity company Palo Alto Networks Inc forecast current-quarter profit below analysts' estimates on Wednesday, largely due to expenses related ...
00:16, 05/30/2019

Ulta shares plummet as profit and sales miss expectations and company slashes outlook Shares of Ulta Beauty tanked 21% after the company reported earnings after the bell Thursday that missed analysts' expectations and slashed its ...
23:16, 08/29/2019

Stronger spending powers Mastercard profit, revenue beat; shares hit record high Mastercard Inc on Tuesday beat quarterly profit and revenue estimates, as a strong U.S. job market, rising wages and surge in online shopping boosted...
20:32, 04/30/2019

UPDATE 1-Canada's Magna International trims 2019 sales forecast Canada's Magna International Inc trimmed its sales forecast for the year on Thursday, as it expects a drop in vehicle production in North America and...
13:32, 08/08/2019

UPDATE 1-Lululemon raises full-year forecast as growth efforts pay off Lululemon Athletica Inc reported better-than-expected second-quarter results on Thursday, buoyed by higher traffic across all segments, helping the C...
00:02, 09/06/2019

UPDATE 2-Lundin Petroleum earnings miss forecast as output lags Swedish oil firm Lundin Petroleum , a partner in Norway's giant Johan Sverdrup oilfield, reported lower-than-expected quarterly core earnings on Thur...
09:48, 05/02/2019

UPDATE 3-McDonald's beats sales forecast on new deals, store revamp McDonald's Corp beat quarterly sales expectations at established U.S. restaurants on Friday, as the world's largest burger chain attracted more diner...
18:48, 07/26/2019

UPDATE 3-GoPro raises revenue forecast on strong demand for new cameras GoPro Inc raised its full-year revenue forecast and reported a smaller-than-expected loss on Thursday, boosted by strong demand for its new line of a...
06:00, 05/10/2019

UPDATE 4-Mexico defends budget plans as growth forecast comes under fire Mexico's finance minister defended the 2020 budget proposal on Monday, insisting that his tax revenue and spending projections are credible, despite ...
02:16, 09/10/2019

UPDATE 3-Slack sees FY 2020 revenue rising by as much as 50% Slack Technologies Inc said on Monday it expects fiscal 2020 revenue to grow as much as 50% but the owner of the workplace instant messaging app anti...
01:32, 06/11/2019

RPT-UPDATE 1-Nissan CEO sees no big downside to FCA-Renault merger Nissan sees no major downside to partnering with a combined Renault and Fiat Chrysler (FCA) , it said on Wednesday in a lukewarm endorsement of the p...
03:32, 05/30/2019

Dell revenue misses as China softness hits server business Dell Technologies Inc reported lower-than-expected revenue in the first quarter as its server business declined for the first time in 10 quarters ami...
04:00, 05/31/2019

UPDATE 1-Dollarama raises full-year comparable-store sales forecast Canadian discount retailer Dollarama Inc's raised its full-year comparable-store sales forecast on Thursday, after reporting better-than-expected qua...
15:01, 09/12/2019

UPDATE 1-Brazil govt to cut 2019 GDP growth forecast, eyes budget freezes Brazil's government is set to slash its 2019 economic growth forecast, a senior Economy Ministry official said on Monday, warning that weak growth is...
18:16, 07/08/2019

UPDATE 1-Lululemon beats quarterly estimates, raises full-year forecast Canadian athletic apparel maker Lululemon Athletica Inc's first-quarter profit and revenue beat analysts' expectations on Wednesday, as efforts to bo...
23:32, 06/12/2019

UPDATE 2-SNC-Lavalin withdraws 2019 forecast, plans to sell resources unit Struggling construction and engineering firm SNC-Lavalin Group Inc on Monday withdrew its forecast for 2019, citing significantly lower results as it...
19:00, 07/22/2019

UPDATE 3-Nvidia revenue forecast beats as demand for gaming chip rises Nvidia Corp forecast second-quarter revenue above Wall Street estimates on Thursday, as it expects sales of its graphics chip to benefit from a recov...
02:00, 05/17/2019

UPDATE 1-Citi sees case for Fed to lower rates by 50 bps in July Citi economists said on Friday if the Federal Reserve decides to lower U.S. interest rates next month, it would do so with a bold 50 basis-points cut...
01:00, 06/22/2019

Apple’s Big iPad Update Reveals Something Huge About How it Sees the Future iPad fans got a pleasant surprise Monday during Apple’s WWDC keynote in the form of a brand new operating system, dubbed iPadOS. While iOS stil...
02:00, 06/05/2019

UPDATE 1-Broadcom misses quarterly revenue estimates, maintains full-year forecast Broadcom Inc narrowly missed Wall Street estimates for quarterly revenue on Thursday and maintained its full-year forecast, as it faces a slowdown in...
00:02, 09/13/2019

CORRECTED-UPDATE 2-Uber loses $1 billion in quarter, hitting forecast, as revenue rises 20% Uber Technologies Inc reported a $1 billion loss and a 20% rise in revenue on Thursday in its first quarterly report as a public company, in line wit...
02:16, 05/31/2019

UPDATE 2-Pinterest beats revenue on user addition, lifts 2019 sales forecast Pinterest Inc raised its full-year sales forecast and reported second-quarter revenue above Wall Street estimates on Thursday, as the online scrapboo...
02:32, 08/02/2019

UPDATE 2-Workday beats Q2 estimates, raises full-year subscription revenue forecast Workday Inc reported better-than-expected quarterly revenue on Thursday, as more customers signed up for its cloud-based financial and human resource...
01:16, 08/30/2019

UPDATE 1-Turkey's annual consumer price inflation falls to 15.72% in June, matches forecast Turkey's consumer inflation fell to its lowest level in a year in June thanks to a high base effect, giving the central bank more room to cut rates i...
11:48, 07/03/2019

Barclays sees Carrefour-Casino merger as possible, pushing up Casino shares Shares in French retailer Casino rose around 2% on Tuesday after Barclays said in a note that a tie-up with larger rival Carrefour could be a possi...
15:00, 07/16/2019

UPDATE 1-Electrolux sees lower hit from raw materials, trade tariffs in 2019 Swedish home appliance maker Electrolux said on Thursday it had been able to offset pressures from higher raw materials, trade tariffs and currency w...
10:48, 07/18/2019

UPDATE 3-Ryanair sees risk to 2020 growth if 737 MAX grounded beyond November The boss of Europe's Ryanair Holdings warned on Wednesday the impact of the prolonged grounding of Boeing Co's 737 MAX on the airline's growth plans ...
05:00, 07/11/2019

UPDATE 1-J D Wetherspoon comparable sales rise, but sees higher debt British pub operator J D Wetherspoon Plc on Wednesday reported a higher comparable sales for the 10 weeks to July 7 and tries to keep a tight lid on ...
10:16, 07/10/2019

UPDATE 1-Iraq sees deal with Exxon Mobil, PetroChina 'very soon' -oil minister Iraq oil minister Thamer Ghadhban said on Wednesday he expects his ministry to sign an initial deal with Exxon Mobil and PetroChina "very soon", but...
13:00, 05/08/2019

Lyft sees ride-hailing price war easing, sending Uber and Lyft shares up Lyft Inc on Wednesday said a price war with rival Uber was easing, boosting shares of both companies and allowing Lyft to raise its outlook for the y...
00:32, 08/08/2019

UPDATE 1-Bed Bath & Beyond cuts 7% of corporate staff, including COO Furnishing retailer Bed Bath & Beyond Inc said on Tuesday its chief operating officer was departing as part of its move to cut 7% of corporate staff,...
21:00, 07/23/2019

UPDATE 1-CAE profit misses on higher costs Canada's CAE Inc fell short of analysts' profit expectations on Wednesday, as the world's largest civil aviation training company was hit by higher e...
16:00, 08/14/2019

UPDATE 1-U.S. says $168 mln ITT for-profit student loans to be forgiven Former students at ITT Technical Institute will not have to pay $168 million they still owe on private loans from an affiliated lender to attend the ...
01:00, 06/15/2019

UPDATE 1-Mexican bank Banorte says 1st-qtr profit up by nearly 50 pct Mexico's Grupo Financiero Banorte, the bank with the biggest weight in Mexico's benchmark stock index, posted a first quarter net profit of 9.93 bill...
05:32, 04/30/2019

UPDATE 1-Walmart de Mexico 2nd qtr net profit jumps nearly 10% Walmart de Mexico, Mexico's largest retailer, reported a nearly 10% jump in second quarter net profit over a year-ago on Thursday, far outpacing anal...
00:32, 07/19/2019

UPDATE 3-Canada's CAE sees strong pilot training demand when Boeing MAX jets fly CAE Inc expects strong demand from airlines for pilot training when Boeing Co's grounded 737 MAX jets are cleared to fly, Chief Executive Marc Parent...
00:32, 08/15/2019

UPDATE 4-Trump sees slowing Chinese growth pressuring Beijing on trade U.S. President Donald Trump on Monday seized on slowing economic growth in China as evidence that U.S. tariffs were having "a major effect" and warne...
22:32, 07/15/2019

UPDATE 1-Turkey's Erdogan sees Russian S-400s delivery starting in July - NTV Turkish President Tayyip Erdogan said he expected Russian S-400 missile defence systems to start arriving in Turkey in the first half of July, broadc...
14:00, 06/16/2019

UPDATE 3-Powell says Fed insulated from politics, wrestling with rate cuts Federal Reserve Chairman Jerome Powell on Tuesday said the U.S. central bank is "insulated from short-term political pressures," and that its policym...
00:00, 06/26/2019

UPDATE 1-Powell does not veer from signal that rate cuts are coming Federal Reserve Chair Jerome Powell indicated again on Thursday that an interest rate cut from the U.S. central bank is likely at its next meeting la...
21:32, 07/11/2019

UPDATE 2-Fitch cuts outlook to "negative" for Boeing on 737 MAX problems Fitch Ratings lowered its outlook for Boeing Co to "negative" from "stable" on Monday, citing regulatory uncertainty around the timing of its 737 MAX...
17:32, 07/22/2019

New Nvidia driver update cuts latency down to the bone (Updated) Enlarge / You don't need an Nvidia RTX 2070 Super for this update, thankfully. In the world of high-end gaming graphics cards, improvements in ben...
10:16, 08/21/2019

UPDATE 2-Loblaw says third-quarter profit to take a hit from late Thanksgiving Loblaw Cos Ltd said on Wednesday a shift in Thanksgiving holiday this year would hit its third-quarter same-store sales and profit, sending its share...
21:00, 07/24/2019

UPDATE 1-Bunge posts first-quarter profit, appoints new CFO U.S. agricultural commodities trader Bunge Ltd posted a first-quarter profit on Wednesday, compared with a year-ago loss, powered by higher crushing ...
13:00, 05/08/2019

UPDATE 1-TransCanada profit beats as U.S. pipelines phased in TransCanada Corp beat analysts' estimates for quarterly profit on Friday, as it earned more by phasing into service Columbia Gas pipeline and one of ...
15:32, 05/03/2019

UPDATE 1-Linde Plc ups profit guidance on merger benefits Linde Plc, the industrial gases group created from the merger of Linde AG and Praxair, on Friday lifted its full-year outlook for earnings per share,...
15:16, 05/10/2019

UPDATE 2-Pandora to cut 1,200 jobs as Q1 profit, sales fall Pandora will lay off another 1,200 workers in Thailand and speed up marketing spending as its new CEO looks to turn around the struggling jewellery m...
11:16, 05/07/2019

UPDATE 1-Enbridge profit beats on higher oil and gas volumes Enbridge Inc, Canada's largest pipeline operator, beat analysts' estimates for quarterly profit on Friday, as it benefited from transporting more oil...
15:16, 05/10/2019

UPDATE 1-Top CEOs say companies should put social responsibility above profit Companies should focus on social responsibilities as well as profits, the Business Roundtable, a group of corporate chief executives that includes th...
20:32, 08/19/2019

UPDATE 1-BlackRock second-quarter profit misses estimates BlackRock Inc, the world's largest asset manager, missed analysts' estimates for quarterly profit on Friday, as investment advisory and securities le...
13:32, 07/19/2019

UPDATE 2-Phillips 66 follows rival Valero with a profit beat U.S. refiner Phillips 66 posted a better-than-feared quarterly profit on Tuesday, as higher income from its pipelines and terminals business offset t...
20:32, 04/30/2019

UPDATE 2-Mallinckrodt sells unit for up to $250 mln, sees path forward to settle opioid lawsuits Mallinckrodt Plc shares surged more than 50% on Tuesday after it agreed to sell its contract manufacturing unit to reduce debt and its chief executiv...
19:17, 09/10/2019

UPDATE 3-Estee Lauder sees no slowdown in China, forecasts robust fiscal 2020 Estee Lauder Cos Inc on Monday forecast full-year revenue and profit above Wall Street expectations, putting to bed concerns of slowing demand in Chi...
20:32, 08/19/2019

UPDATE 1-Estee Lauder sees robust fiscal 2020 on booming skincare demand Estee Lauder Cos Inc forecast full-year revenue and profit above Wall Street expectations after beating estimates for quarterly earnings on Monday, b...
14:32, 08/19/2019

UPDATE 1-Canada's Nutrien sees swine fever hurting demand for grain, oilseed African swine fever is likely to hurt demand for grains and oilseeds in the next couple of years, the chief executive of fertilizer dealer Nutrien Lt...
19:16, 05/16/2019

UPDATE 1-Toshiba Memory sees 'good chance' of M&A in push for data centre business Japan's Toshiba Memory said there was a "good chance" of acquisitions as it pushes to increase its share of the market for advanced storage products ...
17:32, 07/22/2019

Deutsche Bank CEO pledges tough investment bank cuts as shares hit low Deutsche Bank's chief executive promised shareholders "tough cutbacks" at its underperforming investment bank on Thursday as he battled to convince t...
16:48, 05/23/2019

UPDATE 6-Oil falls on demand worries even as OPEC, allies extend cuts Oil prices slipped on Tuesday as concerns that the global economy could be slowing outweighed an agreement by OPEC and allies, including Russia, to e...
16:00, 07/02/2019

UPDATE 3-Fitch cuts Boeing's debt outlook to "negative" on 737 MAX problems Fitch Ratings lowered its debt outlook for Boeing Co to "negative" from "stable" on Monday, citing regulatory uncertainty around the timing of its 73...
19:00, 07/22/2019

UPDATE 1-LG Display seeks job cuts amid mounting financial losses South Korea's LG Display Co Ltd on Tuesday announced a voluntary redundancy programme for its domestic production line employees amid mounting finan...
07:48, 09/17/2019

UPDATE 2-Continental Resources CEO urges OPEC, shale oil output cuts OPEC and U.S. shale producers should reduce crude shipments into an oversupplied market, Continental Resources Chief Executive Harold Hamm said on Tu...
03:16, 08/14/2019

UPDATE 1-DowDuPont profit slumps 28 pct, hit by lower chemical demand DowDuPont Inc reported a 28 percent fall in adjusted quarterly profit on Thursday, as floods in the U.S. midwest and a sluggish growth in auto and sm...
13:32, 05/02/2019

UPDATE 1-U.S. garlic growers profit from trade war as most farmers struggle Unlike millions of other U.S. farmers, garlic growers are profiting from the trade war with China and have cheered President Donald Trump's latest ec...
21:48, 05/21/2019

UPDATE 1-Brazil's Natura Q2 profit more than doubles, beats estimates Brazilian cosmetics group Natura SA said on Wednesday its second-quarter net profit more than doubled from a year ago, slightly above market expectat...
05:32, 08/15/2019

UPDATE 1-MetLife profit beats on robust underwriting, volumes U.S. insurer MetLife Inc beat analysts' estimates for quarterly profit on Wednesday, buoyed by strong underwriting, volume growth, as well as higher ...
01:00, 05/02/2019

UPDATE 1-Siemens posts stronger than expected industrial profit Siemens posted better-than-expected adjusted operating profit from its industrial business during its second quarter as the German industrial giant b...
09:48, 05/08/2019

UPDATE 1-Banco do Brasil's profit climb as provisions fall State-controlled lender Banco do Brasil SA posted a higher-than-expected first-quarter profit as loan-loss provisions fell sharply and despite a cont...
13:32, 05/09/2019

UPDATE 1-Encana beats profit estimates on higher production Canadian oil and gas producer Encana Corp edged past estimates for quarterly profit on Wednesday, helped by increased production in Anadarko and Perm...
13:16, 07/31/2019

UPDATE 1-XPO profit falls less than expected after Amazon.com reduced business XPO Logistics Inc, one of the world's largest global transport and warehouse companies, reported on Wednesday a smaller-than-expected drop in quarter...
01:00, 05/02/2019

UPDATE 2-P&G posts strong profit amid $8 bln writedown of Gillette Procter & Gamble Co's quarterly revenue and profit beat Wall Street expectations on Tuesday, sending shares up even as the world's No.1 personal good...
15:16, 07/30/2019

UPDATE 2-Cannabis firm Tilray sees growth slowing, loss nearly triples as investments weigh Canadian pot producer Tilray Inc reported a wider-than-expected quarterly loss on Tuesday, as it ramped up investments to boost production and warned...
03:16, 08/14/2019

UPDATE 1-Smucker cuts full-year targets after first-quarter earnings disappoint J. M. Smucker Co on Tuesday cut its full-year earnings forecast and missed Wall Street estimates for quarterly profit and sales, blaming competition ...
14:16, 08/27/2019

UPDATE 3-Canadian oil companies see output cuts easing as rail capacity grows Major Canadian oil companies, which publicly disagreed over the Alberta government’s forced curtailments this year, are in lockstep over how to end t...
23:00, 07/09/2019

UPDATE 2-Brazil airline Gol cuts forecasts for 2019, 2020 after loss in quarter Brazil's largest airline Gol Linhas Aereas Inteligentes cut its earnings forecasts for 2019 and 2020 on Tuesday after posting a net loss of 32.3 mill...
19:48, 04/30/2019

UPDATE 2-U.S. consumer inflation outlook declined as Fed weighed rate cuts -survey Consumers in the United States kept their expectations of inflation restrained in July, data showed on Monday, validating concerns that prompted the ...
23:00, 08/12/2019

UPDATE 1-Nestle switches delivery model for some U.S. frozen foods, cuts 4,000 jobs Nestle, the world's largest packaged food company, said it plans to abandon direct-store delivery of frozen pizza and ice cream in the United States,...
22:00, 05/07/2019

UPDATE 4-Apple optimistic as accessories, iPhone price cuts help China sales Apple Inc said sales in China were stabilizing and touted how increasing demand for services and accessories such as Apple Music and the Apple Watch ...
07:16, 05/01/2019

UPDATE 2-DoubleLine CEO Jeffrey Gundlach warns Fed rate cuts will not stop U.S. recession Jeffrey Gundlach, chief executive of DoubleLine Capital, warned on Wednesday that rate cuts by the U.S. Federal Reserve were not going to stop a rece...
02:00, 08/15/2019

UPDATE 1-Top Indian automakers plan production cuts amid industry crisis Indian automakers Tata Motors Ltd and Mahindra and Mahindra Ltd (M&M) said on Friday they would cut production at some plants in response to slowing ...
11:32, 08/09/2019

UPDATE 2-Whiting Petroleum posts surprise quarterly loss, cuts 33% workforce Oil and gas producer Whiting Petroleum on Wednesday reported a surprise quarterly loss, announced a 33% job cut and asset sales as a lack of natural ...
02:48, 08/01/2019

UPDATE 2-Canada's WestJet posts surprise profit despite sector's 737 MAX woes WestJet Airlines Ltd, which is being acquired by Onex Corp, reported a surprise quarterly profit and better-than-expected revenue on Friday while man...
10:48, 07/27/2019

UPDATE 1-Omnicom profit beats estimates on higher client spending U.S. advertising company Omnicom Group Inc's beat Wall Street estimates for quarterly profit on Wednesday, as higher spending by its U.S. and Europea...
13:32, 07/17/2019

UPDATE 2-Cargill quarterly profit dives 41% on trade tensions, U.S. floods Global commodities trader Cargill Inc reported a 41% drop in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U.S.-...
21:32, 07/11/2019

UPDATE 1-Apache profit misses on lower crude, natural gas prices U.S. oil and gas producer Apache Corp missed analysts' estimates for quarterly profit on Wednesday, as lower crude and natural gas prices offset high...
01:00, 05/02/2019

UPDATE 2-Eli Lilly tops profit estimates on boost from diabetes drugs Eli Lilly and Co beat analysts' estimates for quarterly profit and raised its full-year earnings forecast on Tuesday, as higher sales of diabetes dru...
15:16, 07/30/2019

UPDATE 1-Canada's WestJet posts surprise profit as it flies more passengers WestJet Airlines Ltd, which is being acquired by Onex Corp, reported a surprise quarterly profit on Friday, as it flew more passengers at higher pric...
01:48, 07/27/2019

UPDATE 1-Wendy's revenue, profit beat on new burgers, higher royalties Wendy's Co reported better-than-expected quarterly revenue and profit on Wednesday, as the U.S. burger chain benefited from higher royalty fees and t...
14:00, 05/08/2019

UPDATE 3-Brazil's Embraer posts small profit, but 2019 outlook still dim Brazilian planemaker Embraer on Wednesday swung to a $7.2 million profit in the second quarter as higher revenue at its executive jets business offse...
02:00, 08/15/2019

UPDATE 2-Berkshire swings to big profit; Buffett laments Kraft Heinz Warren Buffett's Berkshire Hathaway Inc on Saturday said gains in its stock investments fueled a big first-quarter profit, while improved results fro...
20:48, 05/04/2019

UPDATE 3-Trafigura profit leaps as oil and gas trading offsets losses at associates Trading house Trafigura's six-month net profit jumped by 92% after strong performance from its oil and gas desks helped to offset weakness at the met...
14:16, 06/11/2019

UPDATE 3-Mothers' Day surprise helps Walmart in Mexico to profit jump Walmart de Mexico, Mexico's largest retailer, on Thursday reported a nearly 10% jump in second-quarter net profit, beating expectations as higher tra...
02:00, 07/19/2019

UPDATE 1-LendingClub beats profit estimates on higher transaction fees LendingClub Corp beat quarterly profit estimates on Tuesday, boosted by a rise in loan originations that helped the online-loan marketplace earn more...
01:00, 05/08/2019

UPDATE 2-Anadarko Petroleum beats profit estimates on higher output Anadarko Petroleum Corp, in its last earnings report before shareholders vote on its sale to Occidental Petroleum, on Friday reported a quarterly pro...
01:48, 07/27/2019

UPDATE 1-Allergan raises profit, sales forecasts on Botox boost Allergan Plc reported a better-than-expected quarterly profit on Tuesday and raised its profit and revenue forecasts for the year, fueled by higher s...
14:16, 05/07/2019

UPDATE 2-Canada's WestJet beats profit on higher passenger traffic WestJet Airlines Ltd beat analysts' estimates for quarterly profit on Tuesday, as the Canadian carrier flew more passengers to the United States and ...
14:16, 05/07/2019

UPDATE 1-CN Rail quarterly profit rises on higher petroleum shipments Canadian National Railway Co reported a 6 percent rise in quarterly profit on Monday, as it transported higher volumes of petroleum and chemical prod...
23:32, 04/29/2019

UPDATE 2-Citigroup profit beats estimates on gains in consumer lending Citigroup Inc beat analysts' estimates for quarterly profit on Monday, as a tight lid on costs and strength in consumer lending helped the third-larg...
16:00, 07/15/2019

UPDATE 4-Lyft elevates GM first-quarter profit, pickups in driver's seat General Motors Co on Tuesday reported a higher-than-expected quarterly profit, lifted by revaluations of shares it holds in ride-hailing company Lyft...
18:16, 04/30/2019

UPDATE 3-ASOS warns on profit again, blames overseas warehouse problems British online fashion retailer ASOS dented profit expectations for the third time in eight months on Thursday, saying problems in ramping up warehou...
10:48, 07/18/2019

UPDATE 2-CN Rail profit misses as harsh weather weighs on expenses Canadian National Railway Co on Monday became the latest railroad operator to blame higher operating expenses due to prolonged extreme cold weather f...
01:32, 04/30/2019

UPDATE 3-Citigroup profit beats estimates on gains in consumer lending Citigroup Inc beat analysts' estimates for quarterly profit on Monday, as a tight lid on costs and strength in consumer lending helped the third-larg...
17:16, 07/15/2019

UPDATE 5-Tyson Foods expects to profit from hog fever in China, warns it may hit U.S. Tyson Foods Inc said on Monday that the U.S. meat processing industry could reap significant financial gains from a global shortfall in pork as an in...
02:00, 05/07/2019

UPDATE 1-Mexico's America Movil first-quarter profit rises as costs dip America Movil, the telecommunications giant of Mexican billionaire Carlos Slim, reported a first-quarter net profit of 19.44 billion pesos ($1 billio...
03:00, 04/30/2019

UPDATE 5-Citigroup profit beats estimates on gains in consumer lending Citigroup Inc topped expectations for quarterly profit on Monday as a tight lid on costs and strength in consumer lending helped the third-largest U....
22:48, 07/15/2019

UPDATE 2-Workday beats revenue and profit estimates on higher subscriptions Workday Inc reported better-than-expected quarterly profit and revenue on Tuesday, as it enrolled more companies for its cloud-based financial and hu...
02:32, 05/29/2019

UPDATE 1-Scotiabank profit beats estimates on international banking strength Bank of Nova Scotia, Canada's third-biggest lender, beat analysts' estimates for quarterly profit on Tuesday, benefiting from lower provisioning for ...
14:16, 08/27/2019

UPDATE 1-Restaurant Brands profit misses on slowing sales growth Restaurant Brands International Inc missed analysts' estimates for first-quarter profit on Monday, hit by slowing growth at its Burger King, Tim Hort...
14:48, 04/29/2019

UPDATE 1-Marathon Oil profit beats on higher production, lower costs Marathon Oil Corp beat analysts' estimates for first-quarter profit on Wednesday, boosted by higher production and lower costs at its U.S. shale asse...
01:00, 05/02/2019

UPDATE 1-Hilton quarterly profit beats on steady travel demand U.S. hotel operator Hilton Worldwide Holdings Inc topped Wall Street estimates for quarterly profit on Wednesday, helped by a steady demand for its r...
12:48, 07/24/2019

UPDATE 2-Femsa's Oxxo stores on Mexican border outperform after wage hikes, tax cuts Mexican conglomerate Femsa on Monday reported first-quarter growth, particularly in its Oxxo convenience stores near the U.S. border after President ...
19:16, 04/29/2019

UPDATE 3-Apple optimistic as iPhone price cuts help in China, watches pull in new buyers Apple Inc on Tuesday forecast stronger-than-expected third-quarter revenue and Chief Executive Tim Cook said iPhone sales had started to stabilize in...
00:16, 05/01/2019

UPDATE 1-Iceland's central bank cuts key interest rate as contracting tourism bites Iceland's central bank on Wednesday cut its deposit rate and said the economy would now shrink in 2019 after the all-important tourism industry contr...
13:32, 05/22/2019

UPDATE 1-Alimentation Couche-Tard profit misses on lower fuel sales Convenience store operator Alimentation Couche-Tard Inc missed analysts' estimates for quarterly profit on Tuesday, on lower fuel sales across North ...
01:16, 07/10/2019

CORRECTED-UPDATE 1-Dart Group profit rises as Britons book more holidays Dart Group, the owner of British airline and tour operator Jet2, reported higher annual pretax profit on Thursday as Britons booked more holidays and...
12:32, 07/11/2019

REFILE-UPDATE 5-Citigroup profit beats estimates on gains in consumer lending Citigroup Inc topped expectations for quarterly profit on Monday as a tight lid on costs and strength in consumer lending helped the third-largest U....
23:32, 07/15/2019

UPDATE 1-TMX Group profit tops estimate on strength in global solutions business TMX Group, Canada's biggest stock exchange operator, reported a quarterly profit that topped expectations on Thursday, helped by strength at its deri...
06:00, 05/10/2019

UPDATE 1-India's Wipro June-qtr profit rises, scrapes past estimates India's No. 3 software exporter Wipro Ltd reported a 12.6% rise in first-quarter profit that just beat estimates on Wednesday, on the back of robust ...
13:32, 07/17/2019

UPDATE 3-Morgan Stanley reports drop in profit, but wealth management gains Morgan Stanley reported a drop in quarterly profit Thursday, hit by lower market activity amid global trade tensions and expectations for U.S. inter...
18:32, 07/18/2019

UPDATE 3-DowDuPont profit falls 28 pct on delayed shipments, weak chemical demand DowDuPont Inc posted a 28 percent slump in quarterly profit on Thursday, as floods in the United States delayed seed shipments and demand for its spe...
20:00, 05/02/2019

UPDATE 1-India's Infosys raises FY guidance as June-qtr profit beats estimates Infosys Ltd beat estimates for June-quarter profit and raised revenue forecast for the fiscal year, as India's No. 2 IT services firm bagged more bus...
14:32, 07/12/2019

UPDATE 1-Canada's WestJet beats profit estimates on higher passenger traffic WestJet Airlines Ltd reported a quarterly profit that beat analysts' estimates on Tuesday, as the Canadian carrier flew more passengers to the United...
13:32, 05/07/2019

UPDATE 1-Drug distributor McKesson's fourth-quarter profit beats estimates McKesson Corp beat fourth-quarter profit estimates on Wednesday, as the recent acquisition of Medical Specialties Distributors LLC boosted the U.S. d...
14:00, 05/08/2019

UPDATE 1-Telefonica Brasil lifts profit with lower operating and debt costs Lower operating and debt servicing costs helped Telefonica Brasil SA post a 22.2 percent rise in first quarter net income, outperforming its rival TI...
13:32, 05/09/2019

UPDATE 2-Tyson Foods beats profit estimates, eyes fatal hog disease Tyson Foods Inc said on Monday that quarterly profits beat Wall Street estimates and projected the meat company could reap significant gains from an ...
15:32, 05/06/2019

UPDATE 2-Profit slumps at Australia's South32 as trade war hits aluminium prices * Shares drop to their lowest in over 2 years (Recasts to add details from statement, analyst comments, background on trade war and coal, and share p...
10:16, 08/22/2019

UPDATE 2-Marriott profit beats on lower tax bill, higher room prices Marriott International Inc on Friday reported a better-than-expected quarterly profit, as the world's biggest hotel chain benefited from a lower effe...
15:16, 05/10/2019

UPDATE 2-Cigna first-quarter profit beat estimates, raises 2019 forecasts Cigna Corp beat estimates for quarterly profit and raised its 2019 forecasts on Thursday, as the health insurer benefited from its $52 billion acquis...
15:48, 05/02/2019

UPDATE 1-Nike misses quarterly profit estimates on higher marketing expenses Nike Inc missed analysts' estimates for quarterly profit on Thursday, as the world's largest sportswear maker spent more on marketing and new product...
00:16, 06/28/2019

UPDATE 1-Canadian Tire quarterly profit misses on lower fuel margins Department store and online retailer Canadian Tire Corp Ltd reported lower-than-expected quarterly profit on Thursday, hurt mainly by lower margins i...
13:32, 08/08/2019

UPDATE 2-D.R. Horton profit beats as lower home prices boost demand No.1 U.S. homebuilder D.R. Horton Inc topped Wall Street estimates for quarterly profit and revenue on Tuesday, as lower home prices and declining mo...
15:16, 07/30/2019

UPDATE 2-Merck quarterly profit beats on strong demand for Keytruda, vaccines Merck & Co Inc posted a higher-than-expected quarterly profit and raised its full-year earnings forecast on Tuesday, powered by strong demand for its...
15:16, 07/30/2019

UPDATE 1-HollyFrontier's profit beats as lower costs offset outage impact U.S. oil refiner HollyFrontier Corp beat quarterly profit estimates on Thursday, as lower costs offset slightly weaker refining margins and a fall in...
13:48, 05/02/2019

UPDATE 1-NYSE-owner ICE beats profit on boost in data services unit Intercontinental Exchange Inc, owner of the New York Stock Exchange, reported a better-than-expected quarterly profit on Thursday, as higher revenue ...
15:48, 05/02/2019

UPDATE 3-Rogers quarterly profit misses on fewer wireless subscriber additions Rogers Communications Inc, Canada's largest wireless carrier, on Tuesday reported a slightly lower-than-expected quarterly profit in a softer market ...
21:00, 07/23/2019

UPDATE 1-Mexico's Televisa posts 78.6% drop in net profit on lower government spending Mexican broadcaster Televisa's net profit plunged by 78.6% in the second quarter, the company said on Monday, a consequence of reduced advertising sp...
04:32, 07/09/2019

UPDATE 1-Bunge reports quarterly profit on gain, South America strength Agricultural commodities trader Bunge Ltd swung to a profit in the second quarter from a loss in the same period a year ago, helped by an unrealized ...
13:16, 07/31/2019

UPDATE 1-Cigna first-quarter profit beat estimates, raises 2019 forecasts Health insurer Cigna Corp beat Wall Street estimates for first-quarter profit and raised its full-year forecasts on Thursday, benefiting from its $52...
13:32, 05/02/2019

UPDATE 1-Humana posts second-quarter profit beat on Medicare Advantage business July 31 - Humana Inc raised its full-year earnings forecast and posted a second-quarter profit that beat Wall Street estimates, helped by higher sale...
13:16, 07/31/2019

UPDATE 1-Autoliv slashes full-year outlook after quarterly profit slide Sweden's Autoliv cut its 2019 sales growth outlook on Friday, as the car safety equipment maker became the latest casualty of a deteriorating auto in...
13:32, 07/19/2019

UPDATE 2-Slow loan growth, higher provision eat into CIBC quarterly profit Canadian Imperial Bank of Commerce missed quarterly profit estimates on Wednesday, as sluggish loan growth and higher loan loss provisions in retail ...
13:32, 05/22/2019

UPDATE 2-European shares dip after Fed outlook; SAP weighs European shares had their worst session in more than six weeks on Thursday after the U.S. Federal Reserve dampened rate cut bets, while gains by Volk...
20:00, 05/02/2019

UPDATE 8-As election looms, Argentina's Macri announces relief measures after years of spending cuts Argentine President Mauricio Macri on Wednesday unveiled a package of welfare subsidies and tax cuts for lower-income workers to lessen the pain of a...
00:32, 08/15/2019

UPDATE 3-Strong quake strikes northwest Japan, triggers small tsunami, power cuts A strong and shallow earthquake struck Japan's northwest coast around Niigata prefecture on Tuesday, triggering a small tsunami, shaking buildings an...
18:48, 06/18/2019

UPDATE 1-Brazil's Banco BTG Pactual reports sharply higher profit on trading gains Latin America's largest independent investment bank, Banco BTG Pactual SA, reported a 50.2% jump in second-quarter recurring profit on Tuesday, as tr...
12:32, 08/13/2019

UPDATE 2-Canadian National Railway profit beats on higher crude, grain shipments Canadian National Railway Co beat analysts' estimates for quarterly adjusted profit on Tuesday, as the country's largest railroad operator shipped hi...
23:32, 07/23/2019

UPDATE 2-HP CEO steps down, taps veteran insider; flags quarterly profit below Street view HP Inc said on Thursday Chief Executive Officer Dion Weisler is stepping down after nearly four years in the role, and forecast fourth quarter profit...
01:16, 08/23/2019

UPDATE 2-Sun Life profit misses estimates as wealth sales fall in Canada unit Canadian insurer Sun Life Financial Inc missed estimates for quarterly earnings on Wednesday, as weaker wealth sales hurt its performance in the dome...
02:32, 05/09/2019

UPDATE 1-Oxxo stores drive quarterly growth at Mexico's Femsa; profit leaps Mexican bottler and retailer Femsa on Monday reported first-quarter growth across all its units, particularly in its Oxxo convenience stores, pushing...
17:16, 04/29/2019

UPDATE 1-Maple Leaf Foods quarterly profit misses estimates as costs rise Canadian packaged meat producer Maple Leaf Foods Inc reported a lower-than-expected quarterly profit on Thursday, hit by higher costs as it invested ...
13:48, 05/02/2019

UPDATE 2-Nordstrom beats profit estimates as it clears inventory faster and sells more online Upscale U.S. retailer Nordstrom Inc reported a better-than-expected quarterly profit on Wednesday as it said it had cut costs and cleared more invent...
01:48, 08/22/2019

UPDATE 1-Continental Resources profit beats as higher production offsets weaker prices Top Bakken producer Continental Resources Inc beat Wall Street estimates for quarterly profit on Monday, fuelled by higher production at its oil-rich...
23:32, 04/29/2019

UPDATE 1-South Africa's Exxaro buoyed by equity investments as core profit falls South African miner Exxaro Resources on Thursday reported a 42% rise in half-year headline profit as income from equity investments offset lower core...
10:16, 08/22/2019

UPDATE 5-Goldman Sachs profit beats estimates, boosted by strong equities trading Goldman Sachs Group Inc reported a stronger-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from increased sto...
18:48, 07/16/2019

UPDATE 1-Lennar profit beats as lower mortgage rates boost home sales Lennar Corp reported a higher-than-expected quarterly profit on Tuesday, as the No. 2 U.S. homebuilder's sales got a boost from lower interest rates ...
13:16, 06/25/2019

UPDATE 1-Brazil's Ambev misses quarterly profit estimates amid higher costs Brazilian beverage firm Ambev SA reported a 6.2 percent rise in first-quarter net profit on Tuesday which still missed market expectations amid a dou...
14:16, 05/07/2019

UPDATE 1-Higher consumer spending helps Mastercard beat quarterly profit estimates Mastercard Inc on Tuesday beat Wall Street estimates for quarterly profit, as a robust economy encouraged customers to spend more, boosting fee incom...
15:16, 07/30/2019

UPDATE 3-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, poi...
01:32, 07/02/2019

UPDATE 1-Trump billionaire friend aimed to profit from Mideast nuclear deal -Democrats Tom Barrack, a billionaire friend of U.S. President Donald Trump, pursued a plan to buy Westinghouse Electric Corp even as he lobbied Trump to become...
02:16, 07/30/2019

UPDATE 1-Lockmaker Assa Abloy flags growing market uncertainty as Q2 profit jumps Assa Abloy, the world's biggest lock maker, said on Wednesday weaker construction signals and geopolitical challenges had increased uncertainty in so...
11:00, 07/17/2019

UPDATE 2-Akorn gets another FDA warning letter, shares slide Akorn Inc said on Tuesday it received a warning letter from the U.S. Food and Drug Administration regarding its manufacturing facility in New Jersey,...
16:32, 06/25/2019

UPDATE 1-Starboard discloses 7.5% stake in Box, shares rise U.S. hedge fund Starboard Value LP revealed https://www.sec.gov/Archives/edgar/data/1372612/000092189519002363/sc13d06297267_09032019.htm a 7.5% stak...
00:32, 09/04/2019

REFILE-UPDATE 2-Strong quake strikes northwest Japan, triggers small tsunami, power cuts A strong and shallow earthquake struck Japan's northwest coast around Niigata prefecture on Tuesday, triggering a small tsunami, shaking buildings an...
18:16, 06/18/2019

UPDATE 1-Suncor Energy Q1 profit beats estimates on improved Canadian heavy crude pricing Canada's Suncor Energy Inc reported a profit on Wednesday that beat analysts' estimates as the integrated oil producer reaped the benefits of improve...
04:32, 05/02/2019

UPDATE 2-Mexico's Oxxo stores push Femsa growth, while exchange rate hits profit Mexican bottler and retailer Femsa reported on Thursday that its second-quarter net income fell nearly 36% from the year-earlier period because of ex...
02:00, 07/26/2019

UPDATE 1-Canada's Magna International misses profit estimates, lowers full-year outlook Canadian auto parts maker Magna International Inc on Thursday lowered its 2019 profit forecast, as it expects higher costs on certain programs and lo...
13:32, 05/09/2019

REFILE-UPDATE 2-JPMorgan profit beats estimates on lending strength; net interest margin dips JPMorgan Chase & Co reported a better-than-expected quarterly profit on Tuesday as higher interest income and buoyant consumer lending offset lower ...
18:48, 07/16/2019

UPDATE 2-GoDaddy quarterly loss, CEO change drag shares Internet domain provider GoDaddy Inc said its Chief Executive Officer Scott Wagner would step down after it reported a quarterly loss on sluggish cus...
02:32, 08/02/2019

UPDATE 1-Fed signals buoy European shares, AB InBev jumps Shares in Europe rose across the board on Friday as comments from a Federal Reserve official cemented the case for a U.S. interest rate cut this mont...
12:16, 07/19/2019

UPDATE 2-New York Times misses revenue estimates, shares down 15% The New York Times Co missed Wall Street estimates for revenue on Wednesday and signaled weakness in digital advertising for the rest of the year, se...
16:32, 08/07/2019

UPDATE 2-Norwegian Air filled more seats in June, shares rise Norwegian Air filled more seats on its planes than expected in June, compensating for a dip in passenger numbers due to the ongoing grounding of Boei...
14:16, 07/04/2019

UPDATE 2-Kellogg to replace CFO, earnings dive 36.5 pct; shares drop Kellogg Co said on Thursday it will replace its chief financial officer, and the cereal, breakfast foods and snacks maker reported a 36.5 percent dec...
15:48, 05/02/2019

UPDATE 3-J&J warns of hit from generic drugs in third quarter, shares fall Johnson & Johnson on Tuesday boosted its 2019 sales forecast amid robust demand for its cancer drugs, but warned that competition from generic and co...
18:48, 07/16/2019

UPDATE 3-Kellogg to replace CFO, earnings dive 36.5 pct; shares drop Kellogg Co said on Thursday it will replace its chief financial officer, and the breakfast foods and snacks maker reported a 36.5 percent decline in ...
17:48, 05/02/2019

UPDATE 1-Brazil's Magazine Luiza to buy Netshoes for $114.9 mln; shares rise Brazilian retailer Magazine Luiza SA said shareholders of online sports retailer Netshoes Ltd had approved its bid for the company at $3.70 per share...
19:48, 06/14/2019

UPDATE 1-Equinor to sell 16% shares it holds in Lundin Petroleum for about $1.56 bln Norwegian oil and gas firm Equinor ASA on Sunday said it will sell a 16% stake in Lundin Petroleum AB for about $1.56 billion, and in return acquire ...
19:48, 07/07/2019

UPDATE 5-Storm Barry cuts half U.S. Gulf Coast oil output, flooding fears close coastal refinery An intensifying tropical storm in the U.S. Gulf of Mexico on Thursday cut more than half the region's oil output, with energy companies evacuating st...
11:48, 07/12/2019

UPDATE 3-Tyson Foods hits record high after beating estimates, prepares for China profit boost Tyson Foods Inc reported better-than-expected quarterly earnings on Monday and reaffirmed expectations it will profit from the spread of a fatal hog ...
21:32, 08/05/2019

UPDATE 2-United tops profit estimates as MAX woes prompt higher fares in robust travel market United Airlines Holdings Inc on Tuesday reported a bigger-than-expected increase in second-quarter profit, driven by strong air travel demand and the...
04:16, 07/17/2019

UPDATE 2-Downbeat Swedish earnings, oil slide hurt European shares European stock markets lost ground on Wednesday after three straight days of gains, with Swedish share prices hit by a slew of poor quarterly results...
22:00, 07/17/2019

UPDATE 1-Cisco quarterly earnings beat estimates; shares rise Cisco Systems Inc reported quarterly earnings above analysts' estimates on Wednesday, boosted by growth in its traditional business of selling switch...
23:00, 05/15/2019

UPDATE 1-Barrick Gold bids to acquire remaining Acacia shares Canadian miner Barrick Gold Corp said on Tuesday it has proposed to acquire all of the shares it does not already own in Acacia Mining Plc through a ...
06:48, 05/22/2019

CORRECTED-UPDATE 1-VW's Traton shares limp on stock market debut Volkswagen's truck unit Traton made a lacklustre start on its market debut on Friday as its shares slipped below their initial public offer price in...
11:16, 06/28/2019

UPDATE 3-Chesapeake Energy shares tumble on cash flow worries Chesapeake Energy Corp's shares reversed course on Tuesday to trade down nearly 12% as Wall Street analysts raised concerns about the oil and gas pro...
20:32, 08/06/2019

Alex Trebek shares 'mind-boggling' pancreatic cancer update "Jeopardy!" host Alex Trebek says his doctors say he's in "near remission" of advanced pancreatic cancer and his response to the treatment is "k...
23:00, 05/29/2019

Kevin Hart's Wife Eniko Shares Update on His Recovery After Hospitalization Eniko Hart says Kevin Hart is doing "amazing" after being released from the hospital on Wednesday afternoon. Paparazzi caught up with Eniko while sh...
00:32, 09/13/2019

UPDATE 2-European shares end trade-driven losing run but worries linger European shares rose on Wednesday, breaking a three-day losing streak on euphoria over a multi-billion dollar German chemical deal but gave up some g...
18:32, 08/07/2019

UPDATE 1-Match Group adds more Tinder subscribers, shares surge Match Group beat quarterly profit and revenue estimates on Tuesday, as more people joined its popular dating app, Tinder, sending shares up as much a...
01:00, 05/08/2019

UPDATE 2-Beleaguered U.S. energy shares soar after attacks on Saudi facilities Shares of U.S. energy companies surged on Monday as a jump in oil prices in the wake of attacks on Saudi Arabia's oil facilities gave new juice to a ...
02:48, 09/17/2019

UPDATE 3-Alphabet shares soar on new details into YouTube, cloud growth Alphabet Inc shares rose 9% after the company reported quarterly results that eased investors' concerns about the growth challenges facing its Google...
02:00, 07/26/2019

UPDATE 1-Japanese automaker shares hit as Trump threatens Mexico with tariffs Shares in Japan's major automakers sank on Friday after U.S. U.S. President Donald Trump threatened to slap tariffs on Mexican imports next month, po...
05:32, 05/31/2019

UPDATE 1-Marvell forecasts revenue below estimates on Huawei ban; shares slide Marvell Technology Group Ltd forecast third-quarter revenue below Wall Street estimates on Thursday, as a ban on selling components to Chinese teleco...
01:16, 08/30/2019

UPDATE 2-Alphabet second-quarter revenue beats estimates; shares soar Alphabet Inc reported quarterly revenue and earnings that beat expectations on Thursday, easing concerns about the short-term growth challenges facin...
23:32, 07/25/2019

UPDATE 2-SNC-Lavalin names Ian Edwards interim president, CEO, shares rise 5% SNC-Lavalin Group Inc Chief Operating Officer Ian Edwards will take over on an interim basis and conduct a quick strategic review, the Canadian const...
17:16, 06/11/2019