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Dow Jones Newswires: Weighed by costs, Renault swings to 2019 loss and cuts dividend

Renault SA swung to a 2019 net loss and slashed its dividend as its earnings were hit by several headwinds amid weak global demand for cars......»»

Category: topSource: marketwatchFeb 14th, 2020

Dow Jones Newswires: Weighed by cost cuts, Renault swings to 2019 loss and cuts dividend

Renault SA swung to a 2019 net loss and slashed its dividend as its earnings were hit by several headwinds amid weak global demand for cars......»»

Category: topSource: marketwatchFeb 14th, 2020

Dow Jones Newswires: Daimler swings to surprise loss and cuts dividend as diesel issue weighs

The German car m.....»»

Category: topSource: marketwatchFeb 11th, 2020

Dow Jones Newswires: ArcelorMittal swings to loss as sales drop

ArcelorMittal said Thursday that it swung to a loss in the fourth quarter of 2019, due to one-off costs and a challenging market environment......»»

Category: topSource: marketwatchFeb 6th, 2020

Dow Jones Newswires: Deutsche Telekom lifts 2019 view, but cuts dividend after reporting profit rise

Deutsche Telekom said it now expects to pay a dividend of 60 European cents a share, compared with 70 European cents last year, citing unexpectedly high-costs for the mobile spectrum auction in Germany......»»

Category: topSource: marketwatchNov 7th, 2019

Dow Jones Newswires: Telefonica backs 2019 view after net loss

Telefonica SA on Tuesday reported a third-quarter loss after booking more than a billion euros in restructuring costs but backed its guidance for the year and said it would stick to its dividend policy.....»»

Category: topSource: marketwatchNov 5th, 2019

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: UniCredit swings to loss on one-offs

UniCredit SpA swung to a loss in the fourth quarter as one-offs and provisions weighed on the results and said it is considering a higher capital distribution......»»

Category: topSource: marketwatchFeb 6th, 2020

Dow Jones Newswires: Equinor swings to surprise loss on lower prices, big impairments

Equinor ASA Thursday swung to an unexpected fourth-quarter net loss as earnings were weighed on by lower prices and hefty impairments......»»

Category: topSource: marketwatchFeb 6th, 2020

Dow Jones Newswires: TomTom plans EUR50M share buyback and swings to net loss

TomTom NV said Wednesday that it plans to buy back 50 million euros ($55.5 million) of its shares as the company reported a swing to net loss for the fourth quarter on lower revenue and higher costs......»»

Category: topSource: marketwatchFeb 5th, 2020

Dow Jones Newswires: Siemens Gamesa swings to loss and cuts guidance

Siemens Gamesa Renewable Energy SA said Tuesday that it swung to a loss in the first quarter of its fiscal 2020 due to project delays, and lowered its full-year guidance......»»

Category: topSource: marketwatchFeb 4th, 2020

Dow Jones Newswires: Swedish steelmaker SSAB swings to bigger-than-expected loss

Swedish steelmaker SSAB AB said Tuesday that it swung to a fourth-quarter net loss as a weaker market saw stock adjustments in Europe, while strikes in Finland and lower prices in its Americas operation all weighed on the result......»»

Category: topSource: marketwatchJan 28th, 2020

Dow Jones Newswires: Wacker Chemie swings to 2019 loss

Wacker Chemie AG said Tuesday that its preliminary figures for 2019 indicate that it swung to a loss, mainly due to a impairment charge......»»

Category: topSource: marketwatchJan 28th, 2020

Dow Jones Newswires: Thyssenkrupp reports wider loss and sets new guidance

Thyssenkrupp AG said Thursday that net loss for its fiscal year 2019 widened and that it expects a bigger loss next fiscal year due to restructuring costs......»»

Category: topSource: marketwatchNov 21st, 2019

Dow Jones Newswires: ArcelorMittal swings to net loss in third quarter

The company said that it now expects steel shipments to be stable in 2019 compared with 2018, which it revised from a previous guidance of an increase year-on-year......»»

Category: topSource: marketwatchNov 7th, 2019

Dow Jones Newswires: Pandora swings to unexpected loss and cuts revenue guidance

Pandora said it expects an improving performance during the fourth quarter with strong Christmas trading, but disappointing results in China hit October’s like-for-like sales......»»

Category: topSource: marketwatchNov 5th, 2019

Dow Jones Newswires: Royal Bank of Scotland swings to loss after higher PPI costs

The majority-state-owned bank booked a 900 million pound ($1.16 billion) provision to cover payment protection insurance costs. It said in September that the bank expected to book a provision of GBP600 million to GBP900 million......»»

Category: topSource: marketwatchOct 24th, 2019

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: marketwatch4 hr. 10 min. ago

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: 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