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CCL firm Elite Material posts nearly 40% profit decrease in 2018

Copper-clad laminate (CCL) maker Elite Material (EMC) has reported net profits fell 37.3% to NT$1.75 billion (US$56.8 million) in 2018, while revenues slipped about 3% on year to NT$22.89 billion......»»

Category: topSource: digitimesMar 28th, 2019

Ford To Invest $900 Million, Hire 900 For New Electric Vehicle Plant In Michigan

No sooner did news break that Ford will be laying off 5,000 workers in Germany than it was also reported that the company's CEO, Jim Hackett, saw his pay rise to $17.75 million in 2018, despite what can only be described as a lackl.....»»

Category: blogSource: zerohedgeMar 20th, 2019

Ford CEO Gets Raise After 1000s Of New Job Cuts & "Mediocre By Any Standard" Year

No sooner did news break that Ford will be laying off 5,000 workers in Germany than it was also reported that the company's CEO, Jim Hackett, saw his pay rise to $17.75 million in 2018, despite what can only be described as a lack.....»»

Category: blogSource: zerohedgeMar 17th, 2019

Victoria"s Secret parent L Brands shares fall after profit warning

L Brands Inc. shares fell 3.3% in Thursday premarket trading after the Victoria's Secret parent issued a first-quarter profit warning. Sales for the four weeks ended May 5, 2018 rose 4% to $751.6 million from $719.6 .....»»

Category: topSource: marketwatchMay 10th, 2018

Bed Bath & Beyond stock tanks after company misses views

Shares of Bed Bath & Beyond Inc. fell 15% in the extended session Wednesday after the retailer missed Wall Street profit and sales expectations for the second quarter. Bed Bath & Beyond said it earned $48.6 million, or 36 cents.....»»

Category: topSource: marketwatchSep 26th, 2018

Ford CEO Appeals for Wall Street to Believe After Profit Miss

Ford Motor Co. boss Jim Hackett took on Wall Street’s criticism that he’s moved too slowly and shared too little about restructuring plans, asking analysts to believe in his “thoughtful” approach while posting profit that fell short of estimates......»»

Category: topSource: moneycentralJan 16th, 2019

After profit miss, Ford asks Wall Street to keep the faith

Ford Motor Co. boss Jim Hackett took on Wall Street’s criticism that he’s moved too slowly and shared too little about restructuring plans, asking analysts to believe in his “thoughtful” approach while posting profit that fell short of estimates......»»

Category: topSource: moneycentralJan 16th, 2019

Ford CEO tells employees: "Time to bury" 2018, focus on doubling profit

Ford Motor Co Chief Executive Jim Hackett told employees late on Thursday the No. 2 U.S. automaker would not accept last year's "mediocre" results and said the company was aiming to nearly double its annual operating profit......»»

Category: topSource: reutersJan 24th, 2019

Taxes, plant closings and wild weather: AEP"s profit up in blustery 2018

Regulations, tax reform and tariffs all impacted American Electric Power Company Inc. in 2018, but at the end of the day, it was the weather that made the biggest difference. The Columbus-based utility's earnings fell to $363.4 million in the fourth.....»»

Category: topSource: bizjournalsJan 25th, 2019

Chinese Tourism To US Plunges Amid Deepening Trade War

Travel from China to the U.S. fell 5.7% in 2018 to 2.9 million visitors, according to the National Travel and Tourism Office (NTTO) data first reported by The Asso.....»»

Category: blogSource: zerohedgeJun 5th, 2019

J.Jill shares plummet 52% after profit and sales sink

J.Jill Inc. shares plummeted 52% Thursday after the women's clothing and accessories retailer reported first-quarter profit and sales declines and gave weak guidance. Net income fell to $4.3 million, or 10 cents.....»»

Category: topSource: marketwatchMay 30th, 2019

J.Jill shares plummet 46% after profit and sales sink

J.Jill Inc. shares plummeted 46.3% in Thursday premarket trading after the women's clothing and accessories retailer reported first-quarter profit and sales declines and gave weak guidance. Net income fell to $4.3 million, or 10 cents.....»»

Category: topSource: marketwatchMay 30th, 2019

Chinese tourism to the US drops

After more than a decade of rapid growth, Chinese travel to the U.S. is falling. And that has tourist spots scrambling to reverse the trend. Travel fell 5.7% in 2018 to 2.9 million visitors, according to the National Travel and Tourism Office. (May 28).....»»

Category: topSource: moneycentralMay 28th, 2019

Nordstrom stock tanks after retailer posts Q1 sales miss

Shares of Nordstrom Inc. fell more than 9% in the extended session Tuesday after the retailer reported first-quarter sales below expectations and said it had "executional misses" with customers. Nordstrom said it earned $37 million, or .....»»

Category: topSource: marketwatchMay 21st, 2019

Home sales fell in April despite a big drop in mortgage rates

Sales of existing U.S. homes fell 0.4% in April compared with March to a seasonally adjusted annualized rate of 5.19 million units, according to the National Association of Realtors. Sales were 4.4% lower compared with April 2018......»»

Category: realestateSource: cnbcMay 21st, 2019

Arena Pharmaceutical shares slide after drug maker reports disappointing financial results

Shares of Arena Pharmaceuticals Inc. declined in Wednesday's extended session after the drug company posted quarterly results that fell short of expectations. Arena reported it swung to a first-quarter profit of $620.1 million, or $12.53 a share.....»»

Category: topSource: marketwatchMay 8th, 2019

Investments, legal charge put brakes on BMW

BMW's first-quarter operating profit fell 78 percent to 589 million euros, despite higher deliveries of luxury vehicles, as the carmaker felt the effects of higher investment spending and a 1.4 billion euro ($1.6 bln) legal provision......»»

Category: topSource: reutersMay 7th, 2019

BMW quarterly profit tumbles 78 percent, hit by 1.4 billion euro legal provision

BMW's first-quarter operating profit fell 78 percent to 589 million euros, despite higher deliveries of luxury vehicles, as the carmaker felt the effects of higher investment spending and a 1.4 billion euro ($1.6 bln) legal provision......»»

Category: topSource: reutersMay 7th, 2019

Douglas Dynamics Reports First Quarter 2019 Results

First Quarter Highlights: Produced record first quarter net sales of $93 million, an 11% increase over 1Q18 Gross Profit increased 15% to $23 million compared to Q1 2018 Segments reorganized to reflect new ope.....»»

Category: earningsSource: benzingaMay 6th, 2019

MediaTek gross margin rebounds above 40%

MediaTek has reported net profit fell 16.2% sequentially to a four-quarter low of NT$3.42 billion (US$110,5 million) in the first quarter of 2019, but gross margin climbed 2.3pp on year and 1.8pp on quarter to 40.7% thanks to a favorable product mix......»»

Category: topSource: digitimesMay 3rd, 2019