HEALTHNEWSOBSERVER.COM: Latest News of The Day 10:30 2019-06-13

Elkem warns on Q2 profit as China-U.S. trade war bites

Oslo-listed Elkem, a major supplier to metals makers and chemical industries, warned on Thursday of a plunge in second-quarter earnings following a recent hike in U.S. tariffs on imports from China and a produc...

Elkem warns on Q2 profit as China-U.S. trade war bites

Source: reuters.com

Huawei's U.S. research arm slashes jobs as trade ban bites China's Huawei Technologies laid off more than two-thirds of the 850-strong workforce at its Futurewei Technologies research arm in the United States...
06:01 2019-07-23

Japan big manufacturers' mood hits near 3-year low as trade war bites Japanese big manufacturers' business confidence worsened to a nearly three-year low in the quarter to June, a central bank survey showed, in yet...
07:15 2019-07-01

China second-quarter GDP growth slows to 27-year low as trade war bites, more stimulus seen China's economic growth slowed to 6.2% in the second quarter, its weakest pace in at least 27 years, as demand at home and abroad faltered in the fac...
17:15 2019-07-15

Samsung warns that its profit likely just fell 56% Samsung is warning investors that its second quarter profit likely plunged 56%, as the company continued to struggle with sluggish demand for memory ...
18:15 2019-07-05

Trump's trade war with China is leaving tech with a growing tab, trade group warns Tariffs on imported Chinese products cost the US tech industry $1.3 billion in May 2019 alone, according to data from the Consumer Technology Associa...
01:30 2019-07-18

ASOS warns on profit again after botching warehouse revamps British online fashion retailer ASOS warned on profits for the third time since December, saying problems ramping up warehouses in the United States...
14:00 2019-07-18

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...
16:30 2019-07-24

Daimler warns of second-quarter profit significantly below expectations Luxury carmaker Daimler on Friday warned investors that it expected a second-quarter loss before interest and taxes of 1.6 billion euros ($1.80 billi...
12:30 2019-07-12

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...
16:00 2019-07-23

Norway's Telenor warns on second quarter profit after error at Grameenphone Norwegian telecoms group Telenor said its second-quarter earnings would take a hit from "errors" discovered at Grameenphone , its Bangladeshi teleco...
17:30 2019-07-15

Daimler warns on profit again, blames diesel and recall costs Luxury carmaker Daimler cut its profit forecast for the fourth time in 13 months on Friday, as it set aside more money to cover a regulatory crackdo...
12:45 2019-07-12

RBS second-quarter profit beats estimates; warns of tough economic outlook The Royal Bank of Scotland (RBS) reported a net second-quarter profit of £1.3 billion ($1.07 billion) on Friday, beating the £1 billion forecast from...
09:30 2019-08-02

UPDATE 3-ASOS warns on profit again, blames overseas warehouse problems British online fashion retailer ASOS dented profit expectations for the third time in eight months on Thursday, saying problems in ramping up warehou...
11:30 2019-07-18

Want to Profit From a Trade War? There’s an Investment Fund for That There are funds on the market that could help you profit from American trade tensions with countries like China. But short-term bets are inherently r...
13:15 2019-07-11

UPDATE 2-ADM profit plunges more than 40% on U.S. weather, trade war woes U.S. grains merchant and food processor Archer Daniels Midland Co on Thursday reported a 41.3% drop in second-quarter adjusted profit and missed Wall...
15:45 2019-08-01

U.S. garlic growers profit from trade war as most farmers struggle Unlike millions of other U.S. farmers, garlic growers are profiting from the trade war with China and have cheered President Donald Trump's latest ec...
15:00 2019-05-21

UPDATE 1-U.S. garlic growers profit from trade war as most farmers struggle Unlike millions of other U.S. farmers, garlic growers are profiting from the trade war with China and have cheered President Donald Trump's latest ec...
21:30 2019-05-21

Cargill quarterly profit dives 41% on trade tensions, U.S. floods Global commodities trader Cargill Inc [CARG.UL] reported a 41% drop in adjusted quarterly profit on Thursday, citing supply disruptions stemming from...
20:15 2019-07-11

Trade Tensions, Rising Costs Hit Profit Outlook for Airlines Airline industry earnings this year are expected to fall 21% short of expectations with global trade tensions and rising costs denting the outlook fo...
09:30 2019-06-02

UPDATE 2-Cargill quarterly profit dives 41% on trade tensions, U.S. floods Global commodities trader Cargill Inc reported a 41% drop in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U.S.-...
20:00 2019-07-11

ADM profit plunges as floods, U.S.-China trade war batter grain handler Global grain trader and food processor Archer Daniels Midland Co on Thursday reported a 41.3% drop in second-quarter adjusted profit and missed Wall...
17:45 2019-08-01

Cargill fourth-quarter profit dives 41% on trade tensions, U.S. floods Commodities trader Cargill Inc [CARG.UL] reported a 41% slump in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U...
17:45 2019-07-11

UPDATE 1-Cargill fourth-quarter profit dives 41% on trade tensions, U.S. floods Commodities trader Cargill Inc reported a 41% slump in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U.S.-China ...
17:00 2019-07-11

Sharp posts lower-than-expected profit as trade gloom hits electronics demand Sharp Corp reported a lower-than-expected quarterly operating profit, as an escalating trade war between the United States and China dampened demand ...
10:30 2019-08-01

PC maker Lenovo books fourth-quarter profit surge, says production unaffected by trade war Tech giant Lenovo Group Ltd on Thursday reported a market-beating three-fold surge in quarterly profit helped by strong personal computer (PCs) sales...
15:15 2019-05-23

BASF Issues Profit Warning on U.S.-China Trade Concerns, Slowing Auto Market BASF SE slashed its profit forecasts, citing the continuing trade dispute between the U.S. and China as well as sluggish demand in the auto market, f...
02:30 2019-07-09

China warns tech firms against cooperating with US trade ban China is determined to fight the US ban on Huawei through any means possible, and that might include scaring the companies required to honor that ban...
07:00 2019-06-09

Trump talks trade at G20, China's Xi warns against protectionism U.S. President Donald Trump made clear on Friday that trade was a top priority at a summit of leaders of Group of 20 nations, as Chinese leader Xi Ji...
06:15 2019-06-28

IMF warns of trade tensions in global outlook downgrade With uncertainty on the horizon, the IMF has downgraded its outlook for the world's economic output. It warned that US tariffs on European cars, a no...
19:00 2019-07-23

China Warns Tech Companies About Complying With Trade Restrictions Chinese authorities summoned some of the world’s largest tech companies this week to tell them they could face repercussions if they bow to U.S. trad...
22:45 2019-06-08

China warns its companies on U.S. travel, rebuffs trade criticism China warned its companies operating in the United States on Tuesday they could face harassment from U.S. law enforcement agencies, as it also rebuff...
05:00 2019-06-05

UPDATE 1-Get ready for difficult times, China's Xi warns during trade war China must prepare for difficult times as the international situation is increasingly complex, President Xi Jinping said in comments carried by state...
12:45 2019-05-22

Fed's Barkin Warns of Business Investment Chill From Trade Uncertainty Uncertainty over trade policy could weaken business sentiment and chill investment, raising new risks for an otherwise stable U.S. economy, said Tom ...
15:45 2019-07-01

Trade conflicts are threatening the world with 'chaos,' expert warns Nations need to cooperate to overcome their differences instead of resorting to retaliatory measures that hurt global growth, an international trade ...
13:30 2019-06-07

Trump shrugs off trade war concerns; China warns of market chaos U.S. President Donald Trump on Tuesday dismissed concerns over a protracted trade war with China, as Beijing warned that Washington's decision to lab...
20:00 2019-08-06

One of the world's biggest investors warns of low returns amid US-China trade war GIC, Singapore's sovereign wealth fund, says it's investing in countries such as Vietnam to cushion the impact from heightened political un...
07:15 2019-07-03

Trump warns China against delaying trade deal as talks resume U.S. President Donald Trump on Tuesday warned China against waiting out his first term to finalize any trade deal, saying if he wins re-election in t...
18:30 2019-07-31

Trade tension: Apple warns Chinese tariffs would reduce its contribution to U.S. economy In a letter to the U.S. Trade Representative, Apple said proposed Chinese tariffs would impact all the major products it sells, from iPhones to Macs....
21:30 2019-06-20

U.S. senator warns China on Hong Kong trade status if it intervenes in protests A prominent U.S. senator warned China on Tuesday Hong Kong could lose its special U.S. trade status if Beijing intervenes directly to crack down on i...
08:15 2019-08-14

South Korea warns Japan of security pact risk, calls for 'cooling-off' in trade row South Korea is exploring all options in a bitter trade row with Japan, including scrapping an intelligence sharing pact, but wants a cooling off peri...
08:15 2019-08-03

South Korea warns of security impact if dropped from Japan's easy-trade list South Korea warned on Thursday that security cooperation with Japan might be hurt if it removes South Korea from its list of countries that face mini...
09:45 2019-08-01

The world's largest shipping firm warns of 'considerable uncertainties' as trade tensions rise Danish shipping group A.P. Moller-Maersk on Friday posted first-quarter profit close to expectations and warned that trade tensions and slowing econo...
13:45 2019-05-24

Report: China Warns Foreign Tech Companies Not to Comply With Trump Trade Bans Chinese government officials summoned representatives from major tech companies both from the U.S. and elsewhere this week to warn them of “dire cons...
00:15 2019-06-09

UPDATE 4-CVS Health raises 2019 profit forecast after beating profit estimates CVS Health Corp raised its full-year profit forecast and reported higher-than-expected second-quarter results on Wednesday, as increased U.S. prescri...
21:30 2019-08-07

Mark Carney warns global trade war could 'shipwreck' global economy - business live Bank of England governor says a global trade war could ‘shipwreck’ the global economy, while Brexit risks are increasingLatest: Mark Carney speaks in...
17:30 2019-07-02

Nancy Pelosi warns 'no chance' of trade deal between US and UK if Brexit puts Good Friday agreement at risk US House Speaker Nancy Pelosi has said there is "no chance" of a US-UK trade deal passing through Congress if Brexit puts the Good Friday agreement a...
19:15 2019-08-14

What to do when back to school bites you in the budget Back to school ready? After replacing worn-out erasers, outgrown clothes and an outdated laptop, you may still feel the financial pinch.   ...
20:45 2019-07-20

Man charged with selling rattlesnakes hospitalized for bites WILLIAMSPORT, Pa. (AP) — A Pennsylvania man charged with illegally catching and trying to sell venomous eastern timber rattlesnakes has been hospital...
20:45 2019-05-29

Octopus bites woman’s face after she tries to take pictures with it NBC — An Oregon woman attending a fishing derby on Friday made an unfortunate choice that involved an octopus. Jamie Bisceglia, who has been fi...
02:00 2019-08-08

Snake bites kill at least 80,000 people per year and probably more Statesman and former United Nations secretary general Kofi Annan once called snakebite “the biggest public health crisis you’ve never heard of.” The ...
10:15 2019-05-23

Shark bites teen in second attack in 2 weeks, reports say A teenager says he was bitten by a shark while surfing off the coast of North Carolina. If confirmed, this would be the second attack this month. &#...
18:15 2019-06-11

Florida man found dead with 100 dog bites after he took a shortcut home Authorities say a man in Florida was killed by a pack of dogs who bit him more than 100 times as he took a shortcut to gt home.    &...
20:00 2019-07-07

Entenmann’s Little Bites cookies recalled due to plastic in packaging HORSHAM, Pa. — One flavor of Entenmann’s Little Bites Soft Baked Cookies is being recalled due to the potential presence of blue plastic pieces in in...
10:45 2019-08-03

Amazon Ends Restaurant Delivery as Competition Bites Amazon.com is shuttering its restaurant delivery service Amazon Restaurants in the U.S., putting an end to a four-year experiment that sought to comp...
13:15 2019-06-11

Petcube's Bites 2 and Play 2 are smart speakers in disguise Unsurprisingly, most smart-home gadgets are fairly human-centric. But what about all the furbags that live with us? Don't they deserve a little ...
20:15 2019-07-15

Crest Nicholson profits down as build inflation bites Crest Nicholson has reported an 11% drop in pre-tax profits to £64.4m for the six months to April 30 as the housebuilder came faced stagnant pri...
17:15 2019-06-11

Australia captain Kerr bites back at critics Australia captain Sam Kerr says their 3-2 win over Brazil at the women's World Cup on Thursday was the perfect response to critics who had written th...
10:30 2019-06-14

Great American Bites: Clyde Cooper's BBQ When in Raleigh, North Carolina, Clyde Cooper's is the place to go for pulled pork, hush puppies, pork rinds and fried chicken. But bring cash!...
23:30 2019-08-08

Shark bites 8-year-old boy off North Carolina, reports say The bite occurred around 4 p.m. on Bald Head Island, about 40 miles south of Wilmington, the village manager told local TV stations.   ...
12:45 2019-06-17

UK economy shrinks for first time since 2012 as Brexit bites The British economy unexpectedly shrank in the second quarter for the first time since 2012 as Brexit uncertainties heaped pressure on firms, officia...
00:00 2019-08-10

Ball python slithers out of toilet, bites Florida man on arm CORAL SPRINGS, Fla. (AP) – Authorities say a ball python slithered out of a toilet and bit a South Florida man on the arm. Coral Springs police...
00:30 2019-05-29

Irate New Jersey mom bites cop outside child’s school: police A New Jersey mom attacked two police officers – and bit one of them three times — in front of her child’s school after she refused to comply wi...
19:00 2019-06-18

Daily on Healthcare: Advisory group bites into dietary guidelines Subscribe today to the Washington Examiner magazine and get Washington Briefing: politics and policy stories that will keep you up to date with what'...
18:30 2019-07-11

Wayne Newton sued after pet monkey allegedly bites girl 'Mr. Las Vegas's' pet monkey, Boo, allegedly bit and injured a young girl during her visit to Newton’s showpiece mansion, 'Casa de Shenandoah,' nearl...
03:00 2019-08-10

Watch: Great white shark nearly bites boy on Cape Cod boat It’s Jaws-dropping video! A great white shark was filmed leaping out of the water at a fishing boat — snapping up a fish right next to where a ...
22:45 2019-07-21

Pennsylvania woman charged with DUI bites officer during arrest, prosecutors say New Jersey prosecutors said a Pennsylvania woman has been charged with driving under the influence after she allegedly took off from police on Saturd...
10:30 2019-07-15

'Government go-slow', as Pakistan's anti-corruption drive bites An anti-graft crusade promoted by Pakistani Prime Minister Imran Khan has led to swathes of arrests of politicians, but critics say the economy is su...
16:15 2019-07-04

UN health agency issues 1st strategy to address snake bites LONDON (AP) — The World Health Organization is publishing its first-ever global strategy to tackle the problem of snake bites, aiming to halve the nu...
13:01 2019-05-23

Vegetarian Persian light bites – recipes by Sabrina Ghayour Don’t plump for your usual tired old snack: liven things up with spiced fried tomatoes, cumin hummus or sweet potato frittersPrep 20 min, plus restin...
09:15 2019-06-01

Nine-foot alligator bites South Carolina woman walking her dog A South Carolina woman was bitten by a nine-foot alligator while walking her dog on Monday night, police said. The 68-year-old woman was walking her ...
16:15 2019-08-14

Shark bites child in third North Carolina attack this season BALD HEAD ISLAND, N.C. (AP) — North Carolina officials say a shark bit an 8-year-old boy in what is now the third attack this season along the North ...
16:15 2019-06-17

'Kashmiris will erupt': fear grips region as Indian crackdown bites Cities are empty as armed security forces outnumber local police and all communications remain blockedEid is just days away, and the central market i...
18:30 2019-08-09

Not man's best friend? Owner bites his dog while shopping at Whole Foods in Colorado, police say A Colorado man bit his pit bull mix on the ear, Boulder Police said, and dragged it through a Whole Foods store by the collar.    ...
04:15 2019-07-09

Thai farmers asked to delay rice planting as drought bites The Thai government has asked farmers to delay planting rice because of drought and the pumping of water from reservoirs for irrigation threatens hou...
14:30 2019-07-22

Bronx Night Market is back with global bites to tickle your taste buds Forget Yankee Stadium and the New York Botanical Garden — this weekend, head to The Bronx to stuff your face. The Bronx Night Market returns to Fordh...
00:15 2019-05-25

‘Drunk’ woman bites cop’s leg after high speed chase at the Jersey Shore: prosecutors Just another day at the Jersey Shore. Police in Seaside Park, New Jersey, had their hands full over the weekend with a drunk Pennsylvania woman who a...
11:00 2019-07-15

NotJordanPeterson lets you generate uncannily realistic Jordan Peterson sound bites Love him or hate him, Canadian psychologist Jordan Peterson has undeniably captivated the interest of supporters and critics alike, earning a reputat...
20:15 2019-08-16

WRAPUP 3-Canada's RBC, TD Bank raise bad debt provisions as slowing economy bites Royal Bank of Canada and Toronto-Dominion Bank, Canada's two largest lenders, beat analysts' estimates for quarterly profit on Thursday as strong loa...
02:15 2019-05-24

Argentine soccer giant River opens stadium to homeless as winter bites Argentine soccer club River Plate opened the doors of its Monumental stadium on Wednesday to give shelter to people living on the streets, as tempera...
01:30 2019-07-04

Petcube’s Bites 2 and Play 2 amuse pets and humans alike with Alexa built-in Petcube’s original Bites smart treat dispenser and Play pet camera with a built-in laser pointer were great for pet parents who couldn’t...
17:15 2019-07-15

Great American Bites BBQ road trip: The country's best regional barbecue joints Sample the best roadside joints offering the four big barbecue styles – Texas, Carolina. Kansas City and Memphis – plus a few lesser-know...
22:45 2019-07-09

UPDATE 1-Iceland's central bank cuts key interest rate as contracting tourism bites Iceland's central bank on Wednesday cut its deposit rate and said the economy would now shrink in 2019 after the all-important tourism industry contr...
12:45 2019-05-22

Former French Open winner Yannick Noah catches fish with bare hands, bites it in wild video Yannick Noah won more than 400 matches in his professional tennis career, including the French Open in 1983, but his fishing method may be more impre...
00:45 2019-08-06

Entenmann’s Little Bites cookies recalled in 36 states for 'choking hazard' from plastic Entenmann’s Little Bites Soft Baked Cookies are being recalled because there may be blue plastic pieces in the packs of mini chocolate chip coo...
02:15 2019-08-03

Bear bites back after camera records back scratch An Asian Black Bear has been filmed having a good back scratch at the Land of the Leopard national park in Russia's Far East. Soon after the bea...
19:00 2019-06-18

Asia stocks set to trade lower as investors await Chinese trade data Investors will be looking out for the release of Chinese trade data for June to assess the impact of Beijing's ongoing trade war with Washington...
01:45 2019-07-12

Asia stocks set to trade lower as trade worries weigh on investor sentiment Stocks in Asia were set to decline despite the S&P 500 touching a new record overnight stateside, with trade concerns weighing on investor sentiment....
02:15 2019-07-03

Asia stocks trade mixed ahead of China trade data Stocks in Asia traded mixed on Thursday as investors await the release of Chinese trade data, amid Washington's protracted trade war with Beijin...
04:30 2019-08-08

Wall Street was ready for the latest twist in the trade war. Here's how experts think Trump and Xi's trade truce will play out. REUTERS/Kevin Lamarque The year-old trade war between the US and China reached a temporary truce as Presidents Donald Trump of the US and Xi Jinping...
01:15 2019-06-30

U.S. trade chief Robert Lighthizer talks Mexico trade, China tariffs in Senate hearing U.S. Trade Representative Robert Lighthizer testified in the Senate Tuesday, where he gave details on the Trump administration's trade policy and fac...
19:30 2019-06-18

Ball in U.S. court to start trade talks: EU trade chief EU-U.S. talks that could prevent the United States imposing punitive car tariffs have made some progress, but Washington must decide if it wants to n...
13:30 2019-05-28

Trump tells Congress to ‘immediately’ approve Mexico-Canada trade deal, says US moving past ‘stupid years’ of trade policy President Trump on Friday pushed for Congress to “immediately” approve the United States-Mexico-Canada Agreement (USMCA), arguing in a Wisconsin spee...
00:45 2019-07-13

Biogen profit rises 72% Drugmaker Biogen Inc reported a 72.4% rise in second-quarter profit on Tuesday, boosted by higher sales of its multiple sclerosis treatment Tecfidera...
13:30 2019-07-23

Here's how you can profit from the rise of the robots ROBO Global, the company behind one of the stock market's top robotics-focused exchange-traded funds, just launched a health-care fund to capita...
01:15 2019-07-15

What Does It Mean When Investors Say, 'Sell the Profit'? In Translation: The term refers to selling stocks in the anticipation that corporate earnings growth is about to slow. Some say it is especially rele...
10:30 2019-06-10

Rangers pitcher Mike Minor rips trade rumors: 'Almost like I signed just so they could trade me' With Major League Baseball's trade deadline quickly approaching, many players are starting to feel the heat. One Rangers pitcher doesn't wa...
20:15 2019-07-18

Southern Copper Q2 net profit drops 1.8% Southern Copper Corp said on Tuesday its second-quarter net profit fell 1.8% year-on-year to $402.4 million, due mainly to lower sales prices that of...
06:15 2019-07-24

Homebuilder Pulte's profit falls 26% PulteGroup Inc on Tuesday posted a 26% fall in second-quarter profit on lower home sales, as the U.S. homebuilder's higher prices kept buyers out of ...
13:30 2019-07-23

Jazz Jams for Justice and Profit Jazz at the Philharmonic, a groundbreaking concert held 75 years ago integrated audiences, popularized live recordings, and brought jazz appreciation...
05:30 2019-07-02

Home Cooking for Profit? Sure, Just Not in New Jersey A nationwide boom in home-based food businesses has bypassed the Garden State, the only state that still bars such sales. But home bakers are fightin...
17:15 2019-08-13

Honeywell Posts Higher Profit Honeywell reported stronger demand and higher organic sales in its commercial aerospace, defense, process automation and business-technologies busine...
14:30 2019-07-18

Cigna second-quarter profit rises 75% Cigna Corp reported a nearly 75% rise in quarterly profit on Thursday helped by a surge in revenue from its health services unit, which includes the...
12:30 2019-08-01

Baidu Reports 62% Profit Drop China’s economic downturn and tighter control over internet content drove search-engine giant Baidu Inc.’s weakest quarterly revenue growth in more t...
02:45 2019-08-20

Packers profit drops 98 percent to $724,000 GREEN BAY, Wis. — The Green Bay Packers reported a profit of just $724,000 in their latest fiscal year, which included their second straight season w...
11:45 2019-07-13

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 ...
23:15 2019-06-14

Visa third-quarter profit jumps 33% Visa Inc reported a 33% rise in quarterly profit on Tuesday, as a robust economy encouraged customers to spend more and boosted fees for the world's ...
22:45 2019-07-23

BlackRock second-quarter profit falls 6.5% BlackRock Inc, the world's largest asset manager, on Friday reported a 6.5% drop in second-quarter profit, as investment advisory and securities lend...
14:00 2019-07-19

Walmart de Mexico reports 2nd qtr net profit up nearly 10% Walmart de Mexico, Mexico's largest retailer, on Thursday reported second quarter net profit of 8.75 billion pesos ($455.8 million), a jump of nearly...
00:00 2019-07-19

JPMorgan profit rises 16% on tax gain JPMorgan Chase & Co reported a 16% rise in quarterly profit as higher net interest income and a tax gain more than made up for lower activity at the ...
14:30 2019-07-16

How to Profit in Space: A Visual Guide The cosmos, long ruled by governments, is now a playground for companies like SpaceX. Space is littered with satellites at different altitudes from t...
19:15 2019-06-27

CEO of supplier SGL resigns after profit warning The German supplier to BMW and VW Group must rework its forecast for the next three years and said restructuring measures were being considered after...
14:45 2019-08-16

Big broadcasters sue non-profit that streams TV channels for free The four major U.S. television networks on Wednesday sued a non-profit group backed by AT&T Inc that streams TV channels over the internet for free w...
03:30 2019-08-01

Lowe's Cuts Outlook as Profit Gets Squeezed Sales growth at Lowe’s outpaced rival Home Depot for the first time since 2016, but margins fell more than expected and the home-improvement retailer...
21:00 2019-05-22

ASOS shares fall more than 20% after profit warning British online fashion retailer ASOS warned on profit for the third time in eight months on Thursday, saying it had struggled to overhaul warehouses ...
12:30 2019-07-18

Rogers Communications second-quarter profit rises 10% Rogers Communications Inc on Tuesday reported a nearly 10% rise in quarterly profit, as the Canadian telecom company benefited from growth in its wir...
13:30 2019-07-23

Top CEOs say companies should put social responsibility above profit Companies should focus on social responsibilities as well as profits, the Business Roundtable, a group of corporate chief executives that includes th...
21:15 2019-08-19

Etisalat second-quarter profit remains steady at AED 2.2b The UAE-based telecom operator Etisalat’s net profit remained steady at AED 2.2b in the second quarter of this year compared to a year ago des...
12:30 2019-07-23

AXA's H1 profit falls after writing down value of Equitable Holdings French insurer AXA said its net profit fell 17% in the first half of the year after booking charges related to the valuation of its remaining stake i...
08:15 2019-08-01

UPS profit rises as e-commerce shipping speeds up United Parcel Service Inc on Wednesday said demand for its Next Day Air and Ground services drove better-than-expected quarterly profit as large ret...
16:30 2019-07-24

American Express Revenue, Profit Rise Revenue at American Express was lifted in the latest quarter by higher card-member spending, loans and card fees, though expenses from rewards progra...
14:45 2019-07-19

MetLife, Prudential Report Big Profit Gains The nation’s two biggest life insurers posted sharply higher second-quarter net income. MetLife benefited from improved investment results. A net cha...
05:30 2019-08-01

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

UBS posts surprise second quarter profit boost UBS on Tuesday beat forecasts with a $1.4 billion net profit for its second quarter of 2019, as gains in its advisory business softened an investmen...
08:30 2019-07-23

Morgan Stanley Quarterly Profit Falls 10% Second-quarter profit fell 10% at Morgan Stanley, the last of the big U.S. banks to report earnings in a mixed quarter where trading slowed and Main ...
16:15 2019-07-18

LG's Q2 profit drops due to low OLED and mobile sales LG's second quarter profit saw a 15.4% decline from lower TV profits and sales and losses from mobile, but overall sales increased 4.1% thanks to rec...
22:45 2019-07-31

‘The Profit’ says limits on US flag size unconstitutional RALEIGH, N.C. (AP) — A reality television star says in a court filing that it’s unconstitutional for a North Carolina city to ban a huge Americ...
20:30 2019-06-06

ITC June Quarter Profit Rises 13% To Rs 3,174 Crore For the quarter ended March 31, ITC had reported a net profit of Rs 3,481.90 crore. Its net profit in financial year 2018-19 rose 11.06 per cent to ...
12:45 2019-08-03

Chevron profit rises 26.3% on higher output Chevron reported a 26.3% rise in quarterly profit, as higher production more than offset lower crude oil and natural gas prices and a rise in expense...
03:15 2019-08-03

British engineer Senior profit hit by 737 MAX cuts British engineering firm Senior posted a 16% drop in first-half profit on Monday, as margins in its aerospace division were hurt by Boeing's producti...
08:30 2019-08-05

Slovenian banks Jan-May profit up 16.4%, bad loans fall Slovenian banks had a joint net profit of 268.3 million euros ($301.46 million)in the first five months of 2019 versus 230.5 million in the same per...
11:30 2019-07-18

Cloud growth fuels IBM profit beat International Business Machines Corp beat analysts' estimates for second-quarter profit on Wednesday, propped up by recurring growth in its high-mar...
07:15 2019-07-18

U.S. says $168 million 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 ...
05:30 2019-06-15

Credit Suisse's Revamp Powers Profit Swiss lender Credit Suisse’s profit growth accelerated in the second quarter, bolstered by its global markets businesses and domestic operations desp...
18:45 2019-07-31

América Móvil Profit Jumps in Second Quarter Mexican telecommunications company América Móvil boosted its net profit in the second quarter as higher operating gains combined with a decline in fi...
11:30 2019-07-17

Walgreens Profit Squeezed by Generic Drugs Walgreens Boots Alliance needs a new business model to offset thinning profits from the sale of generic drugs, which continue to drag down results, t...
19:45 2019-06-27

Maxim turns a profit but revenue is still stumbling It was a case of good news and bad news at Maxim. The magazine of beer and babes turned a profit in 2018, its first since Sardar Biglari took over in...
08:15 2019-05-22

Samsung Q2 profit falls 56% from chip downturn Samsung is expecting operating profits of 6.5 trillion won for the second quarter, a drop of 56% from 14.87 trillion won a year ago caused by the dow...
04:30 2019-07-05

AIG's Profit Rises, Boosted by Flagship Business American International Group posted a nearly 18% increase in second-quarter net income, with a turnaround effort at one of the world’s biggest seller...
09:00 2019-08-08

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 ...
12:30 2019-06-15

Tencent's Profit Rises 35% as New Games Hit Market New videogames powered better-than-expected profits for Tencent in the second quarter, but the Chinese internet company is grappling with a slowdown ...
22:45 2019-08-14

Reliance Jio Net Profit At Rs 891 Crore In June Quarter Earlier in the day, Reliance Jio pipped rival Bharti Airtel to become India's second-largest operator by subscribers as of May, government data showe...
23:30 2019-07-19

Grupo Mexico reports 21.9% jump in 2nd-qtr net profit Mining and transport firm Grupo Mexico on Tuesday reported net profit of $490.9 million for the second quarter, up 21.9% from the same period last ye...
02:00 2019-07-24

SoftBank’s profit nearly quadruples on fund investments TOKYO — Japanese technology company SoftBank Group Corp. reported Wednesday its fiscal first quarter profit nearly quadrupled to 1.122 trillion yen (...
20:00 2019-08-07

Consumers Lift Profit at Bank of America U.S. consumers propelled Bank of America’s profit in the latest quarter, though the bank warned it could take a hit from any Federal Reserve rate cut...
18:45 2019-07-17

Peru's Credicorp posts 12.3% yr/yr rise in net profit in Q2 Peruvian financial holding company Credicorp posted 1.099 billion soles ($325.7 mln) in net profit in the second quarter, up 12.3% from the same per...
07:30 2019-08-09

AIG profit beats on strong underwriting, investment income American International Group beat Wall Street estimates for quarterly profit, boosted investment income, sending its shares up 2.7% in extended tradi...
14:30 2019-08-08

Canada's TD Bank posts 6.7% rise in quarterly profit TD Bank Group reported a 6.7% rise in adjusted second-quarter profit on Thursday, as Canada's second-biggest lender by market value benefited from st...
13:45 2019-05-23

JPMorgan Chase's Profit Boosted by Consumer Unit JPMorgan Chase’s second-quarter profit rose 16%, with the strong performance of its consumer businesses offsetting a slowdown across its other operat...
19:30 2019-07-16

AutoNation names new CEO, posts strong quarterly profit AutoNation Inc , the largest U.S. auto dealership chain, on Monday named a new chief executive four months after picking someone else for the positio...
02:15 2019-07-23

Adidas Bucks German Gloom With Profit Growth Germany’s Adidas reported higher quarterly earnings on strong sales in China and predicted continued growth, a rare upbeat note in a country where co...
10:30 2019-08-08

BlackRock's Cash Engine Gets Boost, but Its Profit Falls Investors increased the flood of cash flowing into money-management giant BlackRock in the last quarter. But the firm saw profits fall 6.5% from the ...
14:45 2019-07-19

Whirlpool Raises Profit Forecast While Controlling Costs Whirlpool raised its profit outlook for the year, saying it was better controlling costs and continuing to benefit from the higher prices it is charg...
06:30 2019-07-23

TVS Motor Company Q1 Net Profit Slips 3 Per Cent At Rs. 142 Crore TVS Motor Company's revenue grows by 7 per cent at Rs. 4,469 crore in the first quarter of 2018-19, with total two-wheeler sales crossing 8.84 lakh i...
18:30 2019-07-22

Berkshire Posts Rising Profit and Cash Pile Warren Buffett’s Berkshire Hathaway said second-quarter earnings rose due to unrealized investment gains, while the company’s cash pile grew to a rec...
18:45 2019-08-03

Chinese Government Hackers Suspected of Moonlighting for Profit One of the most effective teams of Chinese government-backed hackers is also conducting financially-motivated side operations, cybersecurity research...
10:30 2019-08-08

Goldman Sachs profit hit by weakness in trading, underwriting Goldman Sachs Group Inc reported a 6% fall in quarterly profit on Tuesday as the Wall Street investment bank was hurt by muted fixed income trading a...
14:30 2019-07-16

SpiceJet Reports 22% Jump In March Quarter Profit SpiceJet said it would add 35 aircraft to its fleet by fiscal year 2020 and that average fare rose 11 per cent and capacity increased 21 per cent in ...
16:30 2019-05-28

Subaru first-quarter profit climbs 48% on strong U.S. SUV sales Subaru Corp reported a 48% increase in first-quarter operating profit on Monday as global sales grew, led by demand for the Ascent and Forester SUVs...
09:30 2019-08-05

Manulife profit beats on strength in Asia unit Canada's largest insurer insurer Manulife Financial Corp on Wednesday edged past estimates for second-quarter profit, helped by strength in Asia unit...
16:30 2019-08-08

Hindalco Profit Falls 28% To Rs 1,063 Crore In June Quarter The company said its earnings before interest, tax, depreciation and amortization (EBITDA) fell 13.04 per cent to Rs 3,769 crore in the quarter ended...
12:30 2019-08-09

UPDATE 1-AXA's H1 profit falls after writing down value of Equitable Holdings French insurer AXA's net profit fell 17% in the first half of the year after booking charges related to the valuation of its remaining stake in Axa E...
10:45 2019-08-01

UnitedHealth Lifts Profit Targets on Stronger Sales UnitedHealth Group raised its 2019 earnings targets after reporting a strong first half of the year, driven by broader sales growth in premiums, prod...
14:00 2019-07-18

Apache Corp adjusted quarterly profit falls nearly 80% U.S. oil and gas producer Apache Corp reported a 78.6% fall in second-quarter adjusted profit on Wednesday, weighed down by lower oil, gas and natura...
08:15 2019-08-01

Disney's Quarterly Revenue Surges but Profit Drops Disney’s acquisition of several key 21st Century Fox properties, along with streaming service Hulu, drove revenue past $20 billion in the latest peri...
02:00 2019-08-07

Ted Baker profit forecast low after "challenging" start to 2019 Fashion retailer Ted Baker forecast annual underlying profit below the current consensus of analysts' estimates on Tuesday, citing unseasonable weath...
08:45 2019-06-11

CORRECTED-Logitech first-quarter profit beats forecasts Logitech International SA reported better-than-expected first-quarter earnings on Tuesday, and confirmed Nate Olmstead as its chief financial officer...
10:30 2019-07-23

Papa John's Returns to Profit After Tough Year Papa John’s International reported its first quarterly profit since last year, but the company is still struggling to lift sales from its locations i...
02:00 2019-08-07

Dialog Semiconductor raises second-quarter profit outlook Anglo-German chip designer Dialog Semiconductor on Wednesday raised its second-quarter earnings outlook, citing strong revenue and gains from a trans...
11:45 2019-07-17

Car dealership giant Pendragon issues profit warning Shares in car dealership giant Pendragon slumped by a fifth on Wednedsay, after it warned that the first half of 2019 is "expected to ...
11:30 2019-06-12

Commerzbank's targeted rise in 2019 net profit 'ambitious' Commerzbank on Wednesday posted net profit in the second quarter that was little changed from a year ago, helped by low taxes, but the German bank s...
11:00 2019-08-07

UltraTech Cement Profit More Than Doubles In June Quarter UltraTech Cement's standalone net profit more than doubled in April-June period to Rs 1,199 crore versus Rs 598 crore during the same period last yea...
17:30 2019-08-08

Israel's Teva Pharm Q2 profit falls less than expected Israel-based Teva Pharmaceutical Industries reported a smaller-than-expected drop in second-quarter profit on Wednesday and reaffirmed its full year ...
13:30 2019-08-07

CVS Health posts second-quarter profit on Aetna strength CVS Health Corp on Wednesday reported a profit for the second quarter compared with a year-ago loss, benefiting from its Aetna health insurance acqui...
13:30 2019-08-07

Domino's half-year profit falls, says CEO to retire Domino's Pizza, Britain's biggest pizza delivery company, announced the retirement of Chief Executive Officer David Wild and reported a 7.4% drop in ...
09:15 2019-08-06

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...
00:30 2019-08-02

AIG profit rises 18% on strong underwriting, investment income Insurer American International Group Inc reported a 17.6% rise in second-quarter profit on Wednesday, boosted by improved underwriting in its general...
00:00 2019-08-08

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...
01:30 2019-08-03

Canadian National Railway quarterly profit rises 4% Canadian National Railway Co reported a 4% rise in quarterly profit on Tuesday, as the country's largest railroad operator shipped higher volumes of ...
22:45 2019-07-23

Ford Results Disappoint, but It Stands by Profit Outlook Ford posted flat second-quarter operating income and a disappointing earnings outlook, but stood by a forecast for improved profitability this year a...
01:30 2019-07-25

Alimentation Couche-Tard quarterly profit falls 25% Alimentation Couche-Tard Inc reported a 25% fall in quarterly profit on Tuesday, as the convenience store operator was hit by lower fuel sales and hi...
23:30 2019-07-09

India’s wealth managers find profit in the provinces The face of wealth management in India is changing, as vast fortunes are made by young digital disruptors and as private banks venture out of the mai...
15:45 2019-05-21

Suncor Energy quarterly profit triples on tax gain Suncor Energy Inc, Canada's second-largest oil and gas producer, said on Wednesday its profit nearly tripled in the second quarter due to a deferred ...
05:30 2019-07-25

Mexico's Mexichem posts $84 million 2nd quarter net profit Mexican plastic pipe and chemicals company Mexichem on Wednesday reported that it generated $84 million in second-quarter net profit, a 48.1% drop ve...
05:30 2019-07-25

Volkswagen second-quarter operating profit up 30% as SUV push pays off Volkswagen Group shares rose 2% after the carmaker posted a 30% rise in second-quarter operating profit despite a drop in vehicle sales as rising de...
10:45 2019-07-25

Samsung Expects Quarterly Operating Profit to Fall More Than 50% Samsung Electronics said it expects its second-quarter operating profit to decline 56.3% from a year earlier as sluggish demand for memory chips was ...
09:45 2019-07-05

South Korean chipmaker SK Hynix says second-quarter profit down 89% South Korean chipmaker SK Hynix reported its smallest quarterly earnings in three years on Thursday as slumping memory prices drove an 89% drop in se...
07:00 2019-07-25

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...
23:30 2019-06-02

Nissan to slash 9% of workforce as first quarter profit nearly wiped out Japanese car maker Nissan Motor Co said it is axing 12,500 jobs and warned a quick turnaround in its performance was not imminent after reporting it...
10:45 2019-07-25

China's Tencent cautious after surge in quarterly profit China's Tencent Holdings , the world's largest gaming company by revenue, warned on Wednesday of a difficult economic environment even as it reported...
18:45 2019-08-14

Kik CEO: ‘Buy today, sell tomorrow, profit’ — SEC: ‘Nope, that’s illegal’ In a turn everyone should’ve seen coming, the US Securities and Exchange Commission (SEC) is suing messaging app Kik for its initial coin offering (I...
11:45 2019-06-05

Former Japanese fisherman finds profit in whale-watching Masato Hasegawa is the fourth generation of his family to be a fisherman on Japan's northern oceans, but now his cruises focus on admiring sea life i...
05:01 2019-07-09

Deutsche Bank's aim to make profit in 2020 is uncertain - CFO Deutsche Bank aims to break even or turn a profit in 2020 but there is "significant uncertainty in that forecast", the bank's finance chief said on M...
11:30 2019-07-08

Travelers quarterly profit rises on higher premiums Property and casualty insurer Travelers Cos Inc reported a 6.3% rise in second-quarter profit on Tuesday, getting a boost from higher net investment ...
13:30 2019-07-23

UPS profit beats expectations as demand for next day service surges United Parcel Service Inc said on Wednesday a jump in demand for its Next Day Air service drove better-than-expected profit in the second quarter as...
20:45 2019-07-24

UAE telco du reports 2.5% increase in second-quarter profit to AED 464m UAE-based telecom operator Emirates Integrated Telecommunications Company, parent company of du, reported a 2.5% increase in second-quarter profit to...
12:30 2019-07-24

Monsoon confirms £10m landlord profit share offer Troubled high street fashion retailer Monsoon Accessorize has confirmed it is launching a so-called company voluntary arrangement (CVA) to help the g...
22:30 2019-06-20

Delta Air quarterly profit surges 39% on higher fares Delta Air Lines Inc reported a 39.3% rise in quarterly profit on Thursday, as the second-largest U.S. carrier benefited from higher fares and flying...
17:45 2019-07-11

Profit jump for PSA Group in 2019 despite “regulatory chaos” Record operating margin of 8.7% and income increase of 11% defy global slump; CEO says no-deal Brexit “can't be considered” The PSA Group has battl...
13:30 2019-07-24

Monsoon rescue bid offers landlords profit-share Monsoon Accessorize, the struggling fashion retailer, is to offer landlords a share of future profits after snubbing their demands for an equity stak...
12:30 2019-06-19

UPDATE 1-Marathon Oil profit jumps 50% on higher U.S. shale production Marathon Oil Corp reported a 50% jump in quarterly adjusted profit on Wednesday, as higher U.S. shale output countered lower realized crude prices an...
00:00 2019-08-08

No-deal Brexit could trigger flurry of profit warnings, say accountants ICAEW tells MPs there could be ‘systemic’ impact on economic confidence if UK crashes outCrashing out of the EU at Halloween could result in a “flurr...
20:45 2019-06-27

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...
10:15 2019-06-24

PSA-Opel savings drive new profit record, defying slump French carmaker PSA Group delivered a sharp increase in first-half profit, defying a global industry downturn as new models and cost savings from th...
16:30 2019-07-24

Big banks beat profit expectations but warning signs grow Three big U.S. banks reported strong earnings on Tuesday even as warning signs emerged that the playing field is beginning to tilt against the financ...
20:30 2019-07-16

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...
10:30 2019-07-25

HSBC first-half profit rises 16%, announces $1 billion buyback HSBC reported on Monday its first-half pretax profit rose 15.9% and announced a further buyback of $1 billion, defying some analysts' expectations i...
09:30 2019-08-05

UK solar power pioneer Solarcentury profit grows 860% in a year Subsidy-free solar farms have helped connect millions in Africa to cheap electricityA UK solar power pioneer has grown its profits eight-fold by inve...
08:15 2019-07-25

UPDATE 2-AIG profit beats on strong underwriting, investment income Insurer American International Group Inc beat Wall Street estimates for quarterly profit on Wednesday, boosted by improved underwriting in general in...
00:00 2019-08-08

Nasdaq beats quarterly profit on strength in non-trading units U.S. exchange operator Nasdaq Inc beat analysts' estimates for second-quarter profit on Wednesday, as a boost in its non-trading businesses, includi...
16:30 2019-07-24

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

Zurich Insurance set to beat profit targets after strong first half Zurich Insurance Group is set to beat its financial targets as it uses aggressive cost-cutting to counter a weaker topline, Europe's fifth-bigge...
13:30 2019-08-08

Deutsche Bank overhaul to hit FactSet profit: Credit Suisse Deutsche Bank AG's move to scrap its global equities operations could dent the 2020 fiscal profit for FactSet Research Systems Inc, Credit Suisse ana...
21:45 2019-07-08

Deutsche Bank overhaul to hit FactSet profit- Credit Suisse Deutsche Bank AG's move to scrap its global equities operations could dent the 2020 fiscal profit for FactSet Research Systems Inc, Credit Suisse ana...
19:15 2019-07-08

UPDATE 2-BlackRock's profit hit by lower fees for lending stocks BlackRock Inc, the world's largest asset manager, took in less cash last quarter as investors moved into lower-cost bond funds, and it made less mone...
14:00 2019-07-19

Autoliv slashes full-year outlook after Q2 profit slide Autoliv said it was stepping up actions to curb costs, which included plans to cut about 5 percent of its workforce and implement a sharper purchasin...
13:45 2019-07-19

Kohl’s cuts profit estimates, sending its shares tumbling Kohl’s cut its full-year profit forecast after the department store operator missed Wall Street estimates for quarterly same-store sales and profit, ...
17:30 2019-05-21

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 ...
18:15 2019-08-01

Manulife beats profit, boosted by strength in domestic, U.S. unit Canada's largest insurer Manulife Financial Corp on Wednesday edged past estimates for second-quarter profit, helped by growth in its domestic and U....
00:30 2019-08-08

JPMorgan beats profit estimates but shows signs of pressure JPMorgan Chase & Co reported a quarterly profit that beat estimates on Tuesday as higher interest income and consumer lending offset lower activity ...
21:45 2019-07-16

M&M Profit Drops On Worst Quarter For Passenger Vehicles In 18 Years M&M sold 1,23,690 units of passenger vehicles in quarter ended June 30, down 5.2% from 1,30,484 passenger vehicles sold in the same period last year....
15:30 2019-08-07

Mexico's America Movil posts sharp rise in Q2 net profit America Movil on Tuesday reported a second-quarter net profit of 14.07 billion pesos ($732.7 million), surging from 434.8 million pesos from the same...
03:45 2019-07-17

Peugeot-maker PSA's profit jumps on pricing, Opel synergies French carmaker PSA Group delivered a sharp increase in first-half profit, as new models and the integration of Opel-Vauxhall more than made up for w...
08:30 2019-07-24

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 ...
15:45 2019-05-30

Exxon Mobil profit sinks on weakness in chemicals, refining Exxon Mobil Corp on Friday reported a 21% drop in quarterly profit, its third period in a row of weaker year-over-year results, as sharply higher oi...
02:15 2019-08-03

Berkshire Hathaway profit falls as insurance underwriting declines Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell, as the conglomerate run by billionaire Warren Buffett reported less inco...
18:30 2019-08-03

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...
09:30 2019-07-24

DeVos Repeals Obama-Era Rule Cracking Down on For-Profit Colleges Education Secretary Betsy DeVos formally repealed an Obama-era regulation that would have forced for-profit colleges to prove their debt-laden gradua...
02:30 2019-06-29

Reliance Industries Reports Net Profit Of Rs 10,104 Crore In June Quarter Reliance Industries earnings, Reliance Industries share price: Reliance Industries results: RIL shares finished 1.01 per cent lower at Rs 1,249 apiec...
15:30 2019-07-19

Harley-Davidson profit tumbles on weak sales in the U.S. and Europe Harley's motorcycle sales in the U.S. fell 8% from a year ago, amid strong foreign competition and less demand for big bikes.    ...
23:15 2019-07-24

Blackstone's Profit Drops as Private-Equity Portfolio Lags Blackstone’s second-quarter earnings fell as the value of its private-equity portfolio appreciated less than the broader market, but the portion of p...
19:15 2019-07-18

Yes Bank June Quarter Profit Slumps 91% On Higher Provisioning Yes Bank on Wednesday reported a net profit of Rs 113.76 crore for the April-June quarter, missing analysts' estimates. That marked a fall of 91 per ...
16:30 2019-07-17

Valeo's first-half profit falls amid car production slump Valeo's net income during the first half of 2019 fell by almost two-thirds to 162 million euros ($181 million) on a 1 percent slide in revenue to 9.7...
19:30 2019-07-24

Danske Bank profit hit by higher costs, low interest rates Danske Bank's second-quarter pre-tax profit came in below expectations on Thursday, hit by low interest rates and higher costs associated with compl...
10:30 2019-07-18

REFILE-Schlumberger profit jumps 14.4% on higher international activity Schlumberger NV reported a 14.4% increase in quarterly profit on Friday, as demand in international markets helped the world's largest oilfield servi...
14:00 2019-07-19

Gap cuts 2019 profit forecast after 'extremely challenging' quarter Gap Inc cut its full-year earnings forecast and reported bigger-than-expected declines in same-store sales, especially at its Gap brand outlets, on T...
00:15 2019-05-31

United's Profit Rises Even as 737 MAX Grounding Crimps Extra Flights United Airlines said it is trimming extra flying this year because of the grounding of Boeing’s 737 MAX, though the nation’s second-largest carrier b...
08:15 2019-07-17

Cobalt, Africa setbacks shrink Glencore's first-half profit Glencore reported a 32% drop in first-half core profit on Wednesday, sending its shares to their lowest since late 2016, and said it would suspend o...
11:00 2019-08-07

FedEx aims to boost service, profit more from online shopping FedEx Corp said on Thursday it will begin offering Sunday residential delivery and handoff fewer e-commerce packages to the U.S. Postal Service, as i...
00:15 2019-05-31

Tesla needs more time to turn profit; founding engineer steps down Tesla Inc on Wednesday pushed back its profit timeline once again after missing financial targets in the second quarter, while announcing that the p...
06:15 2019-07-25

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...
23:45 2019-05-29

RBL Bank Reports 41% Jump In Profit To Rs 267 Crore In June Quarter RBL Bank earnings, RBL Bank share price: RBL Bank said its net interest margin (NIM) improved to 4.31% in the quarter ended June 30, from 4.04% a yea...
14:00 2019-07-19

Check Point Software Q2 profit marginally tops expectations Network security provider Check Point Software Technologies reported quarterly net profit that marginally beat expectations, boosted by higher securi...
12:15 2019-07-24

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...
17:30 2019-05-23

Airbus Profit Leaps Amid Woes at Rival Boeing The European aircraft maker said its quarterly net profit rose more than fivefold, driven by an increase in deliveries that positions it to overtake ...
22:45 2019-07-31

Zalando lifts profit forecast as site visits soar Zalando, Europe's biggest online-only fashion retailer, raised its full-year profit outlook on Thursday after it reported a big jump in the number of...
10:30 2019-08-01

Mexican broadcaster Televisa posts 78.6% drop in net profit for second quarter Mexican broadcaster Televisa, the world's biggest producer of Spanish-language TV content, reported on Monday a 919.1 million peso ($47.9 million) ne...
04:30 2019-07-09

Broadcaster CME posts jump in Q2 core profit, cuts debt Broadcaster Central European Media Enterprises (CME) beat forecasts with a 20.5% rise in second-quarter core profit and further reduced its debt, it...
10:30 2019-07-23

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...
17:15 2019-06-02

Trading platform IG confident of turning corner after profit slump IG Group expects to return to revenue growth in the second half of this year after the online trading platform reported a 31% slump in annual earning...
11:45 2019-07-23

India's Infosys June-qtr profit rises 5%, beats estimates Infosys Ltd, India's No. 2 IT services firm, posted a 5.3% rise in June-quarter profit and raised its revenue forecast for the fiscal year as it bag...
14:30 2019-07-12

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...
00:00 2019-06-06

Panasonic first-quarter profit nearly halves on China, Tesla woes Panasonic Corp reported its first-quarter operating profit nearly halved, as Sino-U.S. trade tensions dampened demand for its components business in ...
20:30 2019-07-31

Diversity helps UBS defy banking gloom with profit rise UBS delivered its best second-quarter results in nearly a decade on Tuesday, as strength in Swiss retail and corporate banking helped to offset weak...
16:00 2019-07-23

Infosys Beats Estimates In June Quarter With Rs 3,802 Crore Profit Infosys, the country's second largest software services company, on Friday reported a net profit of Rs 3,802 crore for the quarter ended June 30. Tha...
19:15 2019-07-12

Panasonic quarterly profit nearly halves on China, Tesla woes The U.S.-China trade dispute is making it more difficult for Panasonic, which supplies battery cells to Tesla Inc., to execute its strategy of focusi...
20:45 2019-07-31

Daimler in fresh profit warning over Dieselgate, faulty airbags The Mercedes-Benz manufacturer has slashed its outlook for 2019 for the second time in weeks due to the emissions-cheating scandal. Slower growth in ...
21:30 2019-07-12

TCS Kicks Off Earnings Season With Rs 8,131 Crore Profit In June Quarter TCS Share Price: Tata Consultancy Services' (TCS) net profit rose 0.06 per cent to Rs 8,131 crore compared with net profit of Rs 8,126 crore during t...
19:45 2019-07-09

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...
12:30 2019-08-09

Nike just missed Wall Street's profit expectations for the first time in 27 quarters (NKE) AP/Mary Altaffer Nike shares slipped late Thursday after the company reported fourth-quarter earnings. Wall Street has maintained its overwhelmingly...
00:30 2019-06-28

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...
16:00 2019-07-23

Metro Bank suffers profit plunge as chairman plans exit Embattled lender Metro Bank has reported an 84% plunge in profits for the first half of the year, after a torrid six months which saw customer withdr...
00:15 2019-07-25

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 produc...
03:30 2019-06-28

Travelers profit misses as higher claims weigh on underwriting gain Insurer Travelers missed Wall Street estimates for second-quarter profit on Tuesday, as weather-related losses led to an 18% drop in underwriting gai...
13:45 2019-07-23

Total plans $5 billion in asset sales as second quarter net profit falls French energy giant Total will sell around $5 billion worth of assets, mostly from its upstream exploration and production business, as it seeks to ...
10:45 2019-07-25

UPDATE 3-JPMorgan beats profit estimates but shows signs of pressure JPMorgan Chase & Co reported a quarterly profit that beat estimates on Tuesday as higher interest income and consumer lending offset lower activity a...
20:45 2019-07-16

Royal Bank of Canada profit rises 6% on retail banking growth Royal Bank of Canada reported a 6% rise in adjusted quarterly profit on Thursday, lifted by growth in its retail banking and capital markets business...
13:45 2019-05-23

French bank Credit Agricole forecasts slower profit growth Credit Agricole, France's second-largest listed bank, on Thursday said profit growth would slow over the next four years, adopting a cautious outlook...
14:15 2019-06-06

Mallinckrodt stock swings up 16%, then down, after drugmaker raises 2019 profit outlook Mallinckrodt Pharmaceuticals rose as much as 16.4% but opened lower after first-quarter earnings beat projections and the company raised its guidance...
14:37 2019-05-21

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...
13:01 2019-05-22

Honda forecasts 6% rise in annual profit on Europe factory revamp Honda Motor forecast a 6% increase in operating profit for the current fiscal year due to cost reduction efforts and a restructuring of its productio...
14:37 2019-05-21

Honeywell beats quarterly profit estimates, raises 2019 forecast Honeywell International Inc on Thursday reported a better-than-expected quarterly earnings and raised its full-year sales and profit forecasts, ridi...
14:00 2019-07-18

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...
14:37 2019-05-21

Ford admits global profit drive will cost 12,000 European jobs Car giant Ford has admitted its previously announced profitability strategy will now be at the expense of around 12,000 jobs across its European oper...
00:45 2019-06-28

United Tech profit beats on higher demand for aircraft parts United Technologies Corp reported better-than-expected quarterly earnings and raised its full-year sales and profit forecasts on Tuesday, driven by ...
16:00 2019-07-23

Seating giant Lear lowers 2019 revenue, profit outlook The seating and electronics supplier said it now expects lower production from key customers to pressure sales and earnings throughout the year....
18:30 2019-07-16

UPDATE 1-Centene raises 2019 forecast as second-quarter profit jumps 65% Centene Corp, which is buying smaller rival WellCare Health Plans Inc, on Tuesday reported a 65% jump in quarterly profit and raised its 2019 earning...
13:30 2019-07-23

UPDATE 2-Devon Energy profit beats, raises oil output forecast Devon Energy Corp raised its full-year oil output forecast and beat estimates for quarterly profit on Tuesday, as the U.S. oil and gas producer drill...
02:30 2019-08-07

Wipro Beats Street Estimates With June Quarter Profit Of Rs 2,388 Crore Wipro, the country's third largest software services company, on Wednesday reported a net profit of Rs 2,387.6 crore for the quarter ended June 30. T...
16:30 2019-07-17

UPDATE 6-Tesla needs more time to turn profit; founding engineer steps down Tesla Inc on Wednesday pushed back its profit timeline once again after missing financial targets in the second quarter, while announcing that the pi...
05:30 2019-07-25

Bank of America beats profit estimates on strong loan growth Bank of America beat estimates for quarterly profit on Wednesday, as the loan book of the country’s second-largest lender benefited from a healthy ec...
16:45 2019-07-17

Exxon Mobil profit sinks, Chevron rises as both boost output Weaker second-quarter refining and chemicals profits offset surging U.S. shale production at U.S. oil majors Exxon Mobil Corp and Chevron Corp , the...
02:15 2019-08-03

Tesla target for profit pushed back to fourth-quarter, shares down 11.5% Tesla Inc on Wednesday missed financial targets in its second quarter despite record deliveries of its electric vehicles, adding that the carmaker w...
02:45 2019-07-25

Samsung Q2 profit likely halved as Huawei woes worsen chip glut Samsung Electronics is likely to say second-quarter profit more than halved when it reports preliminary earnings on Friday, data showed, as a drop in...
10:00 2019-07-03

UPDATE 1-Kansas City Southern profit beats on cost controls Kansas City Southern reported a better-than-expected quarterly profit, as cost controls helped the U.S. railroad to make up for flat carload volume a...
15:30 2019-07-19

Medtronic posts Q4 profit beat on surgical instruments business strength Medtronic reported a nearly 20% drop in quarterly profit on Thursday, hurt by lower sales in its cardiac and vascular business that makes heart valve...
16:30 2019-05-23

BlackRock profit misses estimates, hit by lower fees for lending stocks BlackRock Inc , the world's largest asset manager, took in less cash last quarter as investors moved into lower-cost bond funds, and it made less mon...
21:00 2019-07-19

Brazil's Iguatemi 2nd-qtr profit slips amid higher taxes, depreciation Brazilian upscale mall operator Iguatemi Empresa de Shopping Centers SA posted a quarterly net profit 0.8% lower year-on-year, as higher taxes and as...
02:30 2019-08-07

Carnival cuts 2019 profit on Cuba travel ban, higher expenses Carnival cut its profit forecast for the year on Thursday due to the Trump administration's sudden ban on cruises to Cuba and higher expenses re...
21:30 2019-06-20

SoftBank's profit blows past estimates on Vision Fund gains Japan's SoftBank Group Corp raked in a better-than-expected quarterly operating profit as it saw a leap in investing gains from its $100 billion Vis...
11:00 2019-08-07

Indiabulls Housing Finance June Quarter Profit Falls 24% To Rs 802 Crore Indiabulls Housing Finance said its net interest income declined 12.72 per cent to Rs 1,475 crore in the first quarter of the current financial year....
07:30 2019-08-07

Ericsson says on track for 2020 targets as second-quarter profit matches forecasts Mobile network gear maker Ericsson posted a second-quarter profit in line with expectations on Wednesday and said it was on track to meet its financ...
10:15 2019-07-17

Fox Corp beats quarterly profit estimates on higher affiliate fees Media company Fox Corp reported quarterly results that beat Wall Street estimates on Wednesday, boosted by higher fees collected from cable and sate...
07:30 2019-08-08

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 pro...
09:30 2019-08-07

Cory Booker's immigration plan would 'eliminate' detentions, for-profit prisons Democratic presidential hopeful Cory Booker on Tuesday unveiled part of his vision for immigration, saying he would "virtually eliminate immigration ...
17:45 2019-07-02

The Trump administration is repealing an Obama-era policy of policing for-profit colleges The U.S. Education Department is rescinding an Obama-era rule that aimed to police ineffective for-profit colleges.      &#...
00:30 2019-06-29

Akzo Nobel second-quarter core profit surges 36% on higher prices Dutch paints and coatings maker Akzo Nobel reported a better-than-expected 36% jump in second-quarter core profit on Wednesday, as higher prices and ...
09:30 2019-07-24

Swatch Group hit by Hong Kong turbulence as sales, profit fall Swatch Group net profit fell 11.3% in the first half of 2019 as the Swiss watch maker's sales fell as the company cracked down on unofficial sal...
14:30 2019-07-17

Santander Brasil hits Q2 profit estimates as fees, lending grow Banco Santander Brasil SA reported second-quarter results in line with analyst estimates on Tuesday, helped by the strength of its consumer lending b...
13:30 2019-07-23

CVS, Under Pressure After Aetna Deal, Sets Long-Term Profit Goals CVS Health, under pressure to reassure skeptical investors after its merger with Aetna, said it would return to profit growth next year and detailed ...
01:45 2019-06-05

Toyota operating profit growth to drop this year on revenue slip Toyota Motor forecast lower growth in operating profit for the current year on an expected drop in revenue and weaker vehicle sales in Japan and Nort...
14:37 2019-05-21

Oil producer Saudi Aramco makes $47bn half-year profit Profits fall 12% as previously secret company prepares to broadcast briefing on resultsThe state-backed oil producer Saudi Aramco made profits of $46...
11:45 2019-08-12

Israel's Wix.com lifts 2019 revenue outlook as second quarter profit rises Wix.com, which helps small businesses build and operate websites, reported higher than expected profit in the second quarter and raised its revenue f...
18:15 2019-07-24

Mazda quarterly operating profit falls 79% on weak U.S., China sales Mazda has been struggling with falling demand for its vehicles while also recovering from flood-related damage to its factories in Japan. The automak...
17:15 2019-08-01

St. James's Place first-half inflows slow, misses on operating profit British wealth manager St. James's Place said on Wednesday that weaker client sentiment weighed on inflows of new money in the first half of the year...
02:15 2019-08-01

Garden tools maker Husqvarna second-quarter profit just lags expectations Sweden's Husqvarna reported on Tuesday a slightly smaller increase than expected in second-quarter operating profit as savings and price hikes helpe...
09:45 2019-07-16

Tata Motors Q4 FY2019 Profit Down By 49 Per Cent; JLR Business Shows Improvement Tata Motors consolidated business (including commercial vehicles and Jaguar Land Rover) has recorded a slump of 49 per cent in profits in the last qu...
14:31 2019-05-21

UPDATE 3-Trafigura profit leaps as oil and gas trading offsets losses at associates Trading house Trafigura's six-month net profit jumped by 92% after strong performance from its oil and gas desks helped to offset weakness at the met...
14:30 2019-06-11

Autoliv slashes full-year outlook after quarterly profit slide Sweden's Autoliv cut its 2019 organic sales growth outlook on Friday, as the car safety equipment maker became the latest casualty of a deteriorating...
14:00 2019-07-19

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 an...
04:15 2019-05-30

UPDATE 1-Biogen profit rises 72% on multiple sclerosis therapy sales Biogen Inc posted a 72% rise in quarterly profit and lifted its 2019 earnings forecast on Tuesday, boosted by higher sales of its top-selling multipl...
13:30 2019-07-23

Verizon beats profit estimates as monthly phone subscribers jump Verizon Communications Inc on Thursday beat second-quarter profit estimates, adding far more net monthly phone subscribers than expected as the large...
17:45 2019-08-01

Kate Nash: '40-year-old men were hanging out with me, happy to profit, not concerned about my health' Overnight fame in the mid-noughties led Nash to a nervous breakdown and bankruptcy. Now, with a documentary capturing that harrowing time and a new c...
20:45 2019-07-15

Halliburton profit exceeds analysts estimates as costs cut; shares rise Halliburton Co on Monday reported a second-quarter profit that beat analysts' estimates as its largest oil-well services unit exceeded expectations,...
02:15 2019-07-23

Profit over safety? Boeing under fire over 737 Max crashes as families demand answers Relatives are demanding clarity and believe they should be consulted on when or if the 737 Max flies againOn 10 March, 24-year-old Samya Stumo was on...
10:30 2019-06-17

United Tech profit beats on aircraft parts demand after MAX grounding United Technologies on Tuesday raised its full-year sales and profit forecasts, aided by an increase in demand for its aircraft maintenance parts an...
22:30 2019-07-23

Harley-Davidson reports lower quarterly profit as tariffs bite Harley-Davidson Inc reported a 19.3% fall in quarterly profits on Tuesday, hurt by higher-tariff costs as well as a continued slide in sales in the U...
13:30 2019-07-23

SoftBank Group to book 1.2 trillion yen profit on sale of Alibaba shares Japan's SoftBank Group Corp said on Tuesday it expects to book around 1.2 trillion yen ($11.12 billion) in pre-tax profit on the sale of shares in Ch...
08:45 2019-06-04

Bleak China autos outlook triggers raft of profit warnings Auto suppliers Johnson Electric Holdings and Sensirion slashed their earnings forecasts on Thursday, blaming a slowdown in car sales and pessimism ...
17:45 2019-07-11

Santander second-quarter net profit falls 18% on Popular costs, weak Britain Santander posted on Tuesday a 18% decline in second-quarter net profit from a year earlier after being hit by planned restructuring costs of around 7...
12:15 2019-07-23

China's Lenovo first-quarter profit more than doubles on record PC market share Chinese PC maker Lenovo Group reported a more than two-fold jump in first-quarter profit on Thursday, beating analysts' estimates thanks to robust sa...
05:15 2019-08-15

Citigroup just beat analysts’ profit expectations on gains from Tradeweb IPO Citigroup beat analysts’ expectations on gains from the initial public offering of electronic bond trading platform Tradeweb.   ...
20:15 2019-07-15

UPDATE 3-Mothers' Day surprise helps Walmart in Mexico to profit jump Walmart de Mexico, Mexico's largest retailer, on Thursday reported a nearly 10% jump in second-quarter net profit, beating expectations as higher tra...
02:30 2019-07-19

Brazil's Cielo misses profit estimates as operating expenses surge Brazilian card processor Cielo SA on Tuesday posted a 33.3% drop in second-quarter profit from a year earlier, missing analysts' estimates, as operat...
02:00 2019-07-24

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. inte...
19:15 2019-07-18

Brazil's Petrobras shatters quarterly profit estimates thanks to asset sales Brazilian state-run oil firm Petroleo Brasileiro SA handily beat second quarter profit estimates on Thursday thanks in large part to billions of reai...
03:45 2019-08-02

Union Pacific quarterly profit beats estimates on price gains Union Pacific Corp on Thursday reported a quarterly profit that beat Wall Street estimates, as the U.S. railroad operator cut costs and raised price...
17:30 2019-07-18

UPDATE 1-Manulife beats profit, boosted by strength in domestic, U.S. unit Canada's largest insurer insurer Manulife Financial Corp on Wednesday edged past estimates for second-quarter profit, helped by growth in its domesti...
00:00 2019-08-08

Macy's cuts forecast after first profit miss in two years, shares slide Macy's Inc cut its full-year earnings forecast after missing Wall Street estimates for quarterly profit for the first time in two years, as the depa...
14:45 2019-08-14

iQOS boosts Philip Morris International's quarterly profit, revenue Philip Morris International beat second-quarter earnings and revenue estimates while hiking its full-year forecast as its new tobacco products gain m...
16:30 2019-07-18

Suzuki Posts 46% Drop In First-Quarter Profit On Slowing India Demand Suzuki Motor Corp has reported a 46.2% fall in first-quarter operating profit, hurt by lower output at home as it improves its inspection systems, an...
00:00 2019-08-08

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...
08:45 2019-05-31

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, pushin...
16:30 2019-07-22

Hyundai outlines U.S. sales plan amid quarterly profit rise The automaker is targeting a year-end U.S. market share of 4.2 percent, up from 3.9 percent last year, and plans to boost the mix of CUVs in its line...
15:30 2019-07-22

Medical device maker Medtronic posts 20% fall in quarterly profit Medtronic Plc reported a nearly 20% drop in quarterly profit on Thursday, hurt by lower sales in its cardiac and vascular business that makes heart v...
13:45 2019-05-23

Lithium producer Albemarle raises 2019 adjusted profit forecast Albemarle Corp raised its 2019 adjusted profit forecast after posting a 10% jump in the second quarter on Wednesday, as the world's largest lithium p...
00:00 2019-08-08

Panama's Copa Airlines reports flat profit despite Boeing MAX grounding Panama's Copa Airlines on Wednesday reported a quarterly profit of $50.9 million, roughly the same as a year ago, in spite of the prolonged grounding...
00:00 2019-08-08

UPDATE 3-Morgan Stanley reports drop in profit, but wealth management gains Morgan Stanley reported a drop in quarterly profit Thursday, hit by lower market activity amid global trade tensions and expectations for U.S. inter...
18:45 2019-07-18

CORRECTED-UPDATE 1-Dart Group profit rises as Britons book more holidays Dart Group, the owner of British airline and tour operator Jet2, reported higher annual pretax profit on Thursday as Britons booked more holidays and...
10:15 2019-07-11

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....
14:45 2019-07-24

SoftBank Corp first-quarter profit climbs 4% as mobile user numbers grow Japanese telco SoftBank Corp said on Monday its operating profit in the quarter ended June rose 4%, in line with estimates, as the number of mobile ...
09:30 2019-08-05

Tencent Music charges for more content as paying users drive profit beat China's Tencent Music Entertainment Group said it had started charging for more of its content in the first quarter as the popularity of its pay...
14:37 2019-05-21

Britain's ASOS blames overseas warehouse issues for latest profit alert British online fashion retailer ASOS warned on profit for the third time in eight months on Thursday, saying it had struggled to overhaul warehouses...
10:30 2019-07-18

Mortgage lenders finally see bigger profit margins ahead, as demand surges The mortgage application numbers this week just put an exclamation point on an already positive trend for mortgage lenders. Consumer demand for mortg...
16:15 2019-06-12

UPDATE 1-Santander Brasil meets Q2 profit estimates as fees, lending grow Banco Santander Brasil SA reported second-quarter results in line with analyst estimates on Tuesday, helped by the strength of its consumer lending b...
13:30 2019-07-23

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...
00:30 2019-07-19

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...
15:45 2019-05-30

UPDATE 2-Serco shares jump on profit boost from $225 mln U.S. naval supplier deal British outsourcer Serco on Thursday said it would buy U.S. engineering firm Alion's naval systems unit for $225 million to expand in the fast-growin...
10:15 2019-05-23

UPDATE 1-Oil Search half-year profit more than doubles on higher output from PNG project Aug 20 - Australia's Oil Search on Tuesday said its half-year profit more than doubled and raised its dividend, boosted by robust output at its key P...
05:15 2019-08-20

UPDATE 1-Homebuilder Pulte tops profit estimates as buyers return to the market PulteGroup Inc on Tuesday topped Wall Street estimates for second-quarter profit as the U.S. homebuilder sold homes at higher prices, and homebuyers ...
13:30 2019-07-23

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 an...
03:30 2019-05-30

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...
14:00 2019-07-19

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, po...
02:45 2019-07-02

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...
15:15 2019-07-10

Emails Show DeVos Aides Pulled Strings for Failing For-Profit Colleges A House committee has a trove of documents that show top Education Department officials trying to prop up a for-profit chain as it careened toward co...
11:15 2019-08-04

UPDATE 1-Medtronic posts Q4 profit beat on surgical instruments business strength Medical device maker Medtronic Plc posted a better-than-expected quarterly profit on Thursday, boosted by higher sales at its unit that makes surgica...
13:45 2019-05-23

UPDATE 3-BlackRock profit misses estimates, hit by lower fees for lending stocks BlackRock Inc, the world's largest asset manager, took in less cash last quarter as investors moved into lower-cost bond funds, and it made less mone...
15:30 2019-07-19

UPDATE 2-Union Pacific quarterly profit beats estimates on price gains Union Pacific Corp on Thursday reported a quarterly profit that beat Wall Street estimates, as the U.S. railroad operator cut costs and raised prices...
17:15 2019-07-18

Japan shares dip on profit-taking, REIT index hits highest in 3-years Japanese stocks retreated on Wednesday, pressured by a stronger yen and on broad-based profit taking among exporter stocks and other cyclical names a...
06:00 2019-07-03

WRAPUP 2-Exxon Mobil profit sinks, Chevron rises as both boost output Weaker second-quarter refining and chemicals profits offset surging U.S. shale production at U.S. oil majors Exxon Mobil Corp and Chevron Corp , the ...
03:45 2019-08-03

Asian banks face threat from profit plunge, digital rivals: McKinsey Asia-Pacific banks must radically reform and slash costs or else they will eventually be forced to put themselves up for sale, as rapidly increasing ...
00:30 2019-07-02

UPDATE 2-Accenture's fall in bookings dampens upbeat quarterly profit, forecast Consulting and outsourcing services provider Accenture Plc reported a 9% fall in quarterly bookings on Thursday, overshadowing better-than-expected t...
18:45 2019-06-27

UPDATE 2-Fox Corp beats quarterly profit estimates on higher affiliate fees Media company Fox Corp reported quarterly results that beat Wall Street estimates on Wednesday, boosted by higher fees collected from cable and satel...
00:00 2019-08-08

Non-Profit Pulls Out Of Strip Club-Sponsored Golf Event At Trump Resort President Donald Trump's company has canceled a golf tournament that a Miami-area strip club planned to hold at his Doral, Florida, resort this weeke...
08:45 2019-07-11

J&J's profit spikes as pharma fuels growth, consumer and medical devices improve Johnson & Johnson's profit jumped 42% in the second quarter, with all three of the sprawling health-care company's businesses performing be...
14:30 2019-07-16

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...
18:30 2019-07-31

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...
16:00 2019-06-17

Multiple sclerosis drug helps Biogen beat Wall St. profit expectations Biogen Inc reported better-than-expected second quarter profit and raised its 2019 earnings forecast on Tuesday, driven by higher sales of its top-se...
20:30 2019-07-23

UPDATE 1-Brazil's Petrobras exceeds quarterly profit estimates thanks to asset sales Brazilian state-run oil firm Petroleo Brasileiro SA handily beat second quarter profit estimates on Thursday thanks in large part to billions of reai...
03:45 2019-08-02

Hyundai Motor logs biggest profit gain in seven years on currency, new models South Korea's Hyundai Motor Co on Monday posted its steepest quarterly net profit gain in over seven years, as a weaker local currency helped lift U...
08:15 2019-07-22

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 it...
23:45 2019-07-22

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...
17:45 2019-07-16

UPDATE 1-Goldman Sachs profit beats expectations on equity trading, lending Goldman Sachs Group Inc reported a better-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from higher equity t...
14:30 2019-07-16

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 ...
20:30 2019-07-31

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 ...
00:30 2019-07-24

Goldman Sachs profit beats estimates, boosted by strong equities trading Goldman Sachs Group Inc reported a higher-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from higher equitie...
16:45 2019-07-16

UPDATE 5-Halliburton profit beats as company cuts cost; shares rise Halliburton Co on Monday reported a second-quarter profit that beat analysts' estimates as its largest oil-well services unit exceeded expectations, ...
23:45 2019-07-22

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...
16:45 2019-07-16

From philanthropy to profit: how clean energy is kickstarting sustainable development in East Africa Until recently, Namacurra district, in the Zambezia province of Mozambique, some 1,500 km from the capital Maputo, did not have any basic services – ...
19:45 2019-05-31

UPDATE 1-Corteva profit beats on higher volumes, prices outside North America Pesticide and insecticide maker Corteva Inc's quarterly profit beat estimates as volumes and prices in its markets outside North America rose more th...
15:45 2019-08-01

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...
09:30 2019-06-21

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...
07:30 2019-08-08

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....
02:30 2019-07-16

Lennar profit beats as lower mortgage rates boost home sales Lennar 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 ...
01:15 2019-06-28

Toyota trims full-year profit forecast as yen overshadows solid first-quarter Toyota Motor Corp cut its full-year profit forecast on Friday by nearly 6% on expectations a stronger yen will weigh on its bottom line, overshadowi...
08:15 2019-08-02

UPDATE 1-India's Infosys raises FY guidance as June-qtr profit beats estimates Infosys Ltd beat estimates for June-quarter profit and raised revenue forecast for the fiscal year, as India's No. 2 IT services firm bagged more bus...
14:30 2019-07-12

UPDATE 1-Higher output powers Pioneer Natural Resources 40% profit jump Pioneer Natural Resources Co reported a 40% jump in quarterly adjusted profit on Tuesday, as the Permian pure-play oil producer's higher output helpe...
02:30 2019-08-07

UPDATE 1-Brazil's Iguatemi 2nd-qtr profit slips amid higher taxes, depreciation Brazilian upscale mall operator Iguatemi Empresa de Shopping Centers SA posted a quarterly net profit 0.8% lower year-on-year with higher taxes and a...
02:30 2019-08-07

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 ($6.9 billion) in the April-June quarter, helped by a slight increase in v...
17:15 2019-08-02

Abbott hits record high as diabetes device fuels profit beat Abbott Laboratories beat analysts' estimates for quarterly profit and lifted its full-year earnings forecast on Wednesday, boosted by a near 64% jum...
20:30 2019-07-17

WRAPUP 1-Exxon Mobil profit sinks, Chevron rises as both boost output Weaker second-quarter refining and chemicals profits offset surging U.S. shale production at U.S. oil majors Exxon Mobil Corp and Chevron Corp , the ...
20:45 2019-08-02

UPDATE 1-TJX raises full-year profit forecast after same-store sales beat TJX Cos Inc raised its full-year profit forecast and beat quarterly same-store sales estimates on Tuesday, as the off-price retailer's steep discount...
15:45 2019-05-21

UPDATE 1-Mexico's Televisa posts 78.6% drop in net profit on lower government spending Mexican broadcaster Televisa's net profit plunged by 78.6% in the second quarter, the company said on Monday, a consequence of reduced advertising sp...
04:30 2019-07-09

Democrat Harris unveils plan to lower drug costs, put 'people over profit' Democratic presidential candidate Kamala Harris unveiled a plan on Tuesday to crack down on pharmaceutical companies which overcharge for prescriptio...
12:45 2019-07-16

SoftBank Group's profit blows past estimates on Vision Fund gains Japan's SoftBank Group Corp raked in a better-than-expected quarterly operating profit as it saw a leap in investing gains from its $100 billion Vis...
09:30 2019-08-07

Real estate investor makes $11,875 a day in profit on Koenigsegg supercar he owned for five months When commercial real estate investor Manny Khoshbin spent $2.2 million on the fastest production car in the world, he had no idea it would very quick...
17:30 2019-05-25

Samsung Electronics profit guidance beats expectations on one-off gains, outlook weak Samsung Electronics Co Ltd forecast a steep plunge in its second-quarter operating profit as the U.S.-China trade war wreaks havoc in global chip an...
08:30 2019-07-05

UPDATE 1-Apache Corp adjusted quarterly profit plunges on lower prices U.S. oil and gas producer Apache Corp reported a 78.6% fall in second-quarter adjusted profit on Wednesday, hit by lower prices of oil, gas and natur...
08:15 2019-08-01

Royal Enfield Sales Under Pressure, Eicher Motors Profit Falls 21.5 Per Cent The slowdown in the auto industry has hit Royal Enfield hard, with Eicher Motors reporting a more than 21 per cent fall in net profit. Revenue also d...
21:30 2019-07-31

Sony posts 18% jump in first-quarter profit on strong image sensor business Japan's Sony on Tuesday reported an 18.4% increase in first-quarter operating profit, beating market expectations thanks to a strong performance...
19:15 2019-07-31

Fake cryptocurrency apps on Google Play try to profit on bitcoin price surge Enlarge (credit: Google) Google's official Play Store has been caught hosting malicious apps that targeted Android users with an interest in crypto...
02:45 2019-05-24

UPDATE 2-Canada's CAE profit miss, weak cash flow send shares tumbling Canada's CAE Inc fell short of analysts' profit expectations on Wednesday and reported weaker-than-expected free cash flow in the quarter, sending it...
19:45 2019-08-14

UPDATE 1-Canadian National Railway profit rises on higher grain, crude volumes Canadian National Railway Co reported a 4% rise in quarterly profit on Tuesday, as the country's largest railroad operator shipped higher volumes of ...
22:45 2019-07-23

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 ...
14:30 2019-07-16

UPDATE 2-Canadian National Railway profit beats on higher crude, grain shipments Canadian National Railway Co beat analysts' estimates for quarterly adjusted profit on Tuesday, as the country's largest railroad operator shipped hi...
00:15 2019-07-24

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...
06:15 2019-07-02

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 ...
05:30 2019-05-30

Disney Channel cancels ‘Descendants 3’ premiere, to donate to non-profit in Cameron Boyce's honor Disney Channel announced on Thursday that it's canceling the upcoming "Descendants 3" red carpet premiere following the death of Cameron Boyce -- and...
04:30 2019-07-12

UPDATE 2-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...
19:45 2019-07-01

American Express tops profit estimates on higher card spending; expenses a worry Credit card issuer American Express beat analysts' estimates for quarterly profit on Friday, as a healthy U.S. economy fueled higher spending by...
15:15 2019-07-19

Lowe's cuts full-year profit forecast as higher costs hurt first quarter Lowe's Cos Inc cut its full-year profit forecast and reported disappointing first-quarter earnings on Wednesday, as higher costs and a push to catch ...
13:45 2019-05-22

Lowe's cuts 2019 profit forecast, blames higher costs, weak pricing Lowe's Cos Inc cut its full-year profit forecast after reporting disappointing first-quarter earnings, as the home improvement chain failed to raise ...
19:01 2019-05-22

Levi Strauss profit tanks 17%, hit by a stronger dollar, and higher marketing and online expenses Levi Strauss reported a 17% drop in quarterly adjusted profit, hit by a stronger dollar, higher marketing costs, and investments in its online busine...
12:45 2019-07-10

UPDATE 3-Scotiabank misses profit on higher provisions, flags slow mortgage growth Bank of Nova Scotia, Canada's third-biggest lender, on Tuesday missed analysts' estimates for second-quarter profit and forecast low-single-digit gro...
17:45 2019-05-28

MIDEAST STOCKS-Tanker incident weighs on Saudi, profit taking hurts Kuwait Saudi Arabia's stock index declined on Sunday, as political concerns weighed on investors after Iran's seizure of a British-flagged tanker in the Gu...
18:45 2019-07-21

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...
12:15 2019-07-17

UPDATE 1-Suncor Energy quarterly profit rises, posts higher upstream production Suncor Energy Inc, Canada's second-largest oil and gas producer, on Wednesday reported a 5% rise in second-quarter operating profit and higher upstre...
05:30 2019-07-25

Japan shares fall on profit-taking, REIT index hits highest in 3 years Japanese stocks retreated on Wednesday, pressured by a stronger yen and profit taking among exporter stocks and other cyclical names ahead of an upco...
10:00 2019-07-03

Swiss private bank Julius Baer posts 19% decline in adjusted net profit for the first half Swiss private bank Julius Baer posted a 19% decline in adjusted net profit in the first six months of 2019 as tepid trading continued from its wealth...
09:15 2019-07-22

CIBC posts marginal rise in profit on higher expenses, loan loss provisions Canadian Imperial Bank of Commerce reported a marginal rise in adjusted quarterly profit on Wednesday, as higher expenses and loan loss provisions in...
12:45 2019-05-22

UPDATE 1-Campbell Soup raises profit outlook after quarterly results beat estimates U.S. food company Campbell Soup Co raised its full-year profit forecast after reporting better-than-expected quarterly earnings, boosted by higher de...
15:30 2019-06-05

Pioneer Natural profit beats, takes 'Permian pure play' tag with asset sale Pioneer Natural Resources beat Wall Street estimates for quarterly profit, and said it sold its Eagle Ford and remaining assets in South Texas to bec...
14:37 2019-05-21

UPDATE 1-Brazil card processor Cielo misses profit estimates as costs surge Brazilian card processor Cielo SA on Tuesday posted a 33% drop in second-quarter profit from a year earlier, missing analysts' estimates, as operatin...
02:00 2019-07-24

UPDATE 1-Royal Bank of Canada profit rises 6% on loan growth, higher trading Royal Bank of Canada reported a 6% rise in adjusted quarterly profit on Thursday, boosted by loan growth in its retail banking business and higher re...
13:45 2019-05-23

UPDATE 1-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 o...
00:00 2019-08-08

UPDATE 3-Canadian National Railway profit beats on higher crude, grain shipments Canadian National Railway Co beat analysts' estimates for quarterly adjusted profit on Tuesday, as the country's largest railroad operator shipped hi...
02:00 2019-07-24

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 ...
19:45 2019-06-27

Singtel posts lowest annual profit in 16 years, citing 'intense' regional competition Singapore Telecommunications on Wednesday posted its smallest annual net profit in 16 years partly due to the intense competition faced by its region...
20:00 2019-05-21

CORRECTED-UPDATE 2-Accenture's fall in bookings dampens upbeat quarterly profit, forecast Consulting and outsourcing services provider Accenture Plc reported a 9% fall in quarterly bookings on Thursday, overshadowing better-than-expected t...
20:15 2019-06-27

Samsung Electronics' second-quarter profit likely halved as Huawei woes worsen chip glut Samsung Electronics is likely to say second-quarter profit more than halved when it reports preliminary earnings on Friday, data showed, as a drop in...
07:45 2019-07-03

Con Ed warns more blackouts could be coming Con Edison is still baffled over what caused the weekend’s major blackout — and warned on Monday that more outages could be coming with a heat ...
19:30 2019-07-15

UPDATE 1-Lowe's cuts full-year profit view as higher costs hurt first quarter Home improvement chain Lowe's Cos Inc cut its full-year profit forecast on Wednesday and reported disappointing first-quarter earnings, hurt by highe...
12:45 2019-05-22

UPDATE 1-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 epinephrine auto-injectors amid a global ...
14:30 2019-07-10

UPDATE 2-Tyson Foods beats profit estimates, but sees no major benefits from China pig fever Tyson Foods Inc said on Monday it has not yet reaped major financial gains from a swine disease that has killed millions of hogs in China and is expe...
16:15 2019-08-05

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 ...
23:45 2019-05-29

U.S. warns Assad against using chemical weapons The U.S. State Department warned the Bashar al-Assad regime in Syria that its military operations were being closely watched, specifically concerning...
10:15 2019-05-22

FDA warns that ‘Big Penis’ supplement works a little too well The FDA is one of the more vital government agencies when it comes to keeping consumers safe from deceptive marketing and dangerous products, but som...
01:15 2019-07-19

The best is yet to come from Mercedes and me, Hamilton warns F1 rivals • Team have won all six races but Briton wants more• Ferrari rival Sebastian Vettel laments his car’s gripLewis Hamilton believes both he and his Mer...
13:30 2019-05-27

Schumer wants FBI to investigate FaceApp, DNC warns against using it: Here's what you need to know Sen. Chuck Schumer has asked the FBI and FTC to investigate the popular FaceApp app, which lets people see what they'll look like when they'...
16:30 2019-07-18

Patel warns Facebook about end-to-end encryption New Home Secretary Priti Patel has reignited a debate about privacy and the government's ability to surveil communications as she criticised Facebook...
19:15 2019-07-31

Verizon warns that mid-band 5G will perform more like 4G Not all 5G is created equal, a Verizon executive warns, and only urban areas should expect the full high-speed 5G experience for some time to come.Re...
01:30 2019-08-08