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...
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...
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...
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...
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...
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...
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
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...
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 ...
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...
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...
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 ...
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 ...
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 ...
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...
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
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...
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...
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...
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.
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...
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...
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...
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...
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...
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...
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 ...
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...
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 ...
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...
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...
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
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...
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...
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...
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 ...
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...
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 ...
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...
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 ...
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 ...
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, ...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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
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...
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...
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...
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
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 ...
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
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...
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 ...
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...
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,
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 ...
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...
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...
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...
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...
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...
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...
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 ...
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
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
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...
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
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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....
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...
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 ...
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...
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...
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...
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...
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...
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...
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,
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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 ...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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
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
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 ...
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...
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...
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...
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
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...
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...
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...
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 ...
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...
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 ...
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...
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...
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...
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...
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 ...
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...
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,
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...
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...
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...
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
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....
| 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...
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...
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...
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...
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 ...
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 ...
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...
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....
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...
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...
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...
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
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...
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...
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...
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
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...
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...
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...
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...
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
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...
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...
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...
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...
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.
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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
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,...
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...
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...
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...
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...
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...
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 ...
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...
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...
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, ...
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...
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...
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...
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 ...
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...
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...
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 ...
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 ...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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 ...
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...
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...
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
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...
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...
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...
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...
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 ...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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
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...
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...
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...
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...
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...
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 ...
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 ...
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 ...
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...
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...
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...
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...
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...
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...
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
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...
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
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...
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
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...
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
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...
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
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...
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...
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...
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...
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...
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
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...
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...
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
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
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 ...
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
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...
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,...
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
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
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...
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...
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
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...
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,
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
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...
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...
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...
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...
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 ...
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 ...
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
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
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...
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
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...
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...
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...
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...
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,
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...
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 ...
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...
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...
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...
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
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
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...
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
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
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 ...
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...
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...
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...
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...
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...
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...
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 ...
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...
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
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 ...
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
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 ...
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...
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 ...
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 ...
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
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...
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
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...
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...
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
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
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...
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
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...
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
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...
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
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
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
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...
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...
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...
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
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...
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...
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...
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
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....
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
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 ...
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
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...
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...
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 ...
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...
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
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
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
Thursday as Britons booked more holidays and...
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....
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...
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 ...
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...
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...
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
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...
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...
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
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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
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
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
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 ...
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...
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...
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...
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
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...
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...
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...
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...
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
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...
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...
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...
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 ...
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
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...
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
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...
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
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
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...
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...
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...
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...
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
UPDATE 1-Starboard discloses 7.5% stake in Box, shares rise U.S. hedge fund Starboard Value LP
a 7.5% stak...
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...
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...
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...
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
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
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
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...
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...
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
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...
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
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
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...
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
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...
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
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
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...
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
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
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...
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...
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...
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...
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...
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...
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 ...
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
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...
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
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
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...