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Dow Jones Newswires: Credit Agricole profit beats forecasts

Credit Agricole SA’s fourth-quarter net profit beat expectations after it rose sharply, supported by one-offs and growing revenue......»»

Category: topSource: marketwatchFeb 14th, 2020

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 in the face of low interest rates and a potential deterioration in its loan portfolio......»»

Category: topSource: reutersJun 6th, 2019

Campbell Soup boosts guidance as profit beats forecasts; shares jump

Campbell Soup Co on Wednesday raised its fiscal full-year earnings forecast and posted better-than-expected quarterly profit and sales due to strong demand for soups and snacks, and its shares rose 5% in early trade......»»

Category: topSource: reutersMar 4th, 2020

Dow Jones Newswires: BASF profit and sales fall as it warns of coronavirus impact

BASF SE said Friday that net profit and sales for the fourth quarter fell, and it warned of the negative effects of the coronavirus for the current year......»»

Category: topSource: marketwatchFeb 28th, 2020

Dow Jones Newswires: AB InBev says has lost $170 million in profit due to coronavirus

The world’s biggest brewer, Anheuser-Busch InBev SA said Thursday that it lost $170 million in profits during the first two months of 2020 because of the coronavirus epidemic as it reported a fall in net profit......»»

Category: topSource: marketwatchFeb 27th, 2020

Dow Jones Newswires: Carrefour swings to 2019 profit and raises 2022 targets

Carrefour SA reported Thursday a swing to net profit for 2019 despite booking a slightly lower revenue, and raised its transformation targets due by 2022......»»

Category: topSource: marketwatchFeb 27th, 2020

Dow Jones Newswires: Rio Tinto annual net profit falls on writedowns

The world’s second-biggest miner by market value on Wednesday reported a net profit of US$8.01 billion for 2019, down from a profit of US$13.64 billion a year earlier......»»

Category: topSource: marketwatchFeb 26th, 2020

Dow Jones Newswires: Peugeot 2019 profit and sales rise, but sees slowing Europe market ahead

Looking to the year ahead, Peugeot said it expects a 3% decrease in the automotive market in Europe, with a 2% drop in Russia, and a stable automotive market in Latin America......»»

Category: topSource: marketwatchFeb 26th, 2020

Dow Jones Newswires: Danone posts profit fall and sees ‘volatile and uncertain’ 2020

Danone SA said Wednesday that net profit fell for 2019 and it issued new guidance for 2020......»»

Category: topSource: marketwatchFeb 26th, 2020

Dow Jones Newswires: Telefonica swings to loss in fourth quarter

The Spanish telecommunications company posted a net loss for the quarter of 202 million euros ($218.1 million) compared with a profit of EUR610 million the previous fourth quarter......»»

Category: topSource: marketwatchFeb 20th, 2020

Dow Jones Newswires: Air France-KLM warns of coronavirus hit as 2019 profit falls

The Franco-Dutch carrier reported a net profit of 290 million euros ($313.1 million) in 2019 down EUR130 million from with the same period a year earlier......»»

Category: topSource: marketwatchFeb 20th, 2020

Dow Jones Newswires: AXA posts strong net profit rise for 2019 and lifts its dividend

AXA SA said Thursday that its earnings rose strongly in 2019 while revenue ticked higher thanks to growth in all business areas, and it increased its dividend......»»

Category: topSource: marketwatchFeb 20th, 2020

Dow Jones Newswires: HSBC Holdings profit plunges 53%, will suspend buybacks amid revamp

HSBC Holdings PLC’s 2019 net profit plunged 53% due to a substantial amount of goodwill impairment, the bank said Tuesday, as it plans to introduce a slew of measures to cut down costs and restructure the company......»»

Category: topSource: marketwatchFeb 18th, 2020

Dow Jones Newswires: RBS to be renamed NatWest Group and cut size of investment bank unit

Royal Bank of Scotland said Friday that it intends to rename itself as NatWest Group and reduce the size of its investment-banking business, as it reported an increased profit for the fourth quarter of 2019......»»

Category: topSource: marketwatchFeb 14th, 2020

Dow Jones Newswires: RBS to be renamed NatWest Group and cut size of investment bank

Royal Bank of Scotland said Friday that it intends to rename itself as NatWest Group and reduce the size of its investment-banking business, as it reported an increased profit for the fourth quarter of 2019......»»

Category: topSource: marketwatchFeb 14th, 2020

Dow Jones Newswires: Royal Bank of Scotland profit rises, but bank scales back returns target

Royal Bank of Scotland Group PLC on Friday reported an increased profit for the fourth quarter of 2019 but trimmed its medium-term returns target......»»

Category: topSource: marketwatchFeb 14th, 2020

Dow Jones Newswires: Barclays profit misses views as CEO faces regulatory probe over Epstein link

Barclays PLC said Thursday that Chief Executive Officer Jes Staley retains the board’s full confidence despite a U.K. regulatory investigation concerning his relationship with Jeffrey Epstein, as it reported its 2019 results......»»

Category: topSource: marketwatchFeb 13th, 2020

Dow Jones Newswires: Airbus reports loss after corruption settlement

Airbus said its full-year net loss was 1.36 billion euros ($1.48 billion) compared with a net profit of EUR3.05 billion in 2018......»»

Category: topSource: marketwatchFeb 13th, 2020

Dow Jones Newswires: Airbus swings to loss in 2019 and sets 2020 guidance

Airbus said its full-year net loss was 1.36 billion euros ($1.48 billion) compared with a net profit of EUR3.05 billion in 2018......»»

Category: topSource: marketwatchFeb 13th, 2020

Dow Jones Newswires: Nestle profit boosted by sale of its skin-health business

The Swiss food-and-beverage company said net profit was 12.6 billion Swiss francs ($12.90 billion) compared with CHF10.1 billion the previous year.....»»

Category: topSource: marketwatchFeb 13th, 2020

Dow Jones Newswires: Pernod Ricard cuts guidance, blaming the coronavirus

Pernod Ricard SA on Thursday slashed its full-year guidance, saying that it expects the coronavirus outbreak to have a severe impact on its third fiscal quarter, even as it reported higher net profit and sales for the first half of its fiscal year......»»

Category: topSource: marketwatchFeb 13th, 2020