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Nissan shares tumble to ten-and-a-half year low after earnings rout; Renault also suffers

Shares of Nissan Motor Co sank to their lowest in more than a decade on Friday, after deep cuts to the troubled Japanese automaker's earnings forecast and dividend raised questions about its future profitability......»»

Category: topSource: reutersFeb 14th, 2020

Nissan shares tumble to ten-and-a-half year low after earnings rout

Shares of Nissan Motor Co fell to their lowest in 10-1/2 years on Friday, tumbling nearly 10% after the struggling Japanese automaker cut its annual profit forecast and said it would not pay a dividend in the second half......»»

Category: topSource: reutersFeb 14th, 2020

Nissan Shares Tumble To Decade Low After Q3 Earnings Miss

The shares of Nissan Motor Co. Ltd. (OTC: NSANY) dropped to a decade low on Thursday after the company missed third-quarter earnings estimates and significantly cut its annual forecast for the financial 2019 year. read more.....»»

Category: blogSource: benzingaFeb 14th, 2020

Renault cuts revenue goal as car industry misery spreads

Renault warned revenue may decline this year, scrapping a previous goal, after first-half profit was hit by weakening car demand and an earnings collapse at alliance partner Nissan in the wake of the Carlos Ghosn scandal......»»

Category: topSource: reutersJul 26th, 2019

Renault cuts revenue goal after weaker first half

Renault warned that revenue may decline this year, scrapping a previous goal, after first-half profit was hit by weakening car demand and an earnings collapse at alliance partner Nissan in the wake of the Carlos Ghosn scandal......»»

Category: topSource: reutersJul 26th, 2019

Renault"s profit was wiped out last year

Renault turned in its worst financial performance in a decade in 2019 as plunging margins in its core business and a dramatic slump in contributions from alliance partner Nissan wiped out its earnings......»»

Category: topSource: moneycentralFeb 14th, 2020

Renault posts loss, Nissan shares tumble

Nissan shares fell to their lowest in more than a decade on Friday, while the Japanese firm's French partner Renault posted its first loss in 10 years. Ciara Lee reports.....»»

Category: videoSource: reutersFeb 14th, 2020

Nissan Shares Tumble To Decade Low After Q3 Earnings Miss

The shares of Nissan Motor Co. Ltd. (OTC: NSANY) dropped to a decade low on Thursday after the company missed third-quarter earnings estimates and significantly cut its annual forecast f.....»»

Category: earningsSource: benzingaFeb 14th, 2020

TripAdvisor shareholders eye Google, coronavirus ahead of this week"s earnings

When the Needham-based travel metasearch company posts its full-year financials after the market closes on Wednesday, it will come after a year in which the company's shares have been cut in half......»»

Category: topSource: bizjournalsFeb 10th, 2020

Renault shares fall on worries Nissan alliance doomed without Ghosn

Renault shares hit six-year lows on Monday as investors worried the French automaker's 20-year cost-sharing alliance with Nissan is headed for a break-up without Carlos Ghosn to hold it together......»»

Category: topSource: reutersJan 13th, 2020

Renault shares fall on worries Ghosn flight has deepened Nissan rift

Renault shares hit six-year lows on Monday as investors worried the flight of former boss Carlos Ghosn from Japanese justice had deepened a rift with Nissan that could lead to a break-up of the 20-year alliance......»»

Category: topSource: reutersJan 13th, 2020

Low Float Shipper TOP Ships Skyrockets Following Earnings

TOP SHIPS Inc (NASDAQ: TOPS) shares rocketed higher by 24% on Wednesday after the company reported a smaller-than-expected earnings loss in the first half of the year. While the numbers were certainly a major improvement compared to a y.....»»

Category: earningsSource: benzingaSep 4th, 2019

Analysts: Ulta Beauty"s Drastic Second-Half Guidance Cut A Blemish For Retailer

Ulta Beauty Inc (NASDAQ: ULTA) shares tumbled to an eight-month low Friday in reaction to the retailer's second-quarter results, which revealed earnings and revenue misses as well as lower full-year guidance. The Analysts Piper Jaffray a.....»»

Category: earningsSource: benzingaAug 30th, 2019

Weak dog food sales hit Smucker results; shares tumble

J. M. Smucker Co cut its full-year earnings forecast and reported disappointing quarterly results on Tuesday, as sales of its Nutrish dog food brand were hit by fierce competition, triggering a 10% drop in its shares......»»

Category: topSource: reutersAug 27th, 2019

Earnings Results: Adyen stock falls after earnings; CFO says global expansion is playing out

European payment processor Adyen NV made progress adding merchants and improving its geographical balance in the first half of the year, but shares dropped after the company reported its latest results......»»

Category: topSource: marketwatchAug 22nd, 2019

Earnings Results: GoPro stock swings to gains after promising second-half rebound

GoPro Inc.’s second-quarter earnings and revenue fell short of expectations Thursday, but the action-camera manufacturer said it was raising its outlook for the second half of the year and shares moved to gains after initial declines......»»

Category: topSource: marketwatchAug 1st, 2019

After Nissan, a profit plunge at Renault too

French automaker Renault cuts revenue goal after a weaker first half, a day after alliance partner Nissan announced big job cuts and earnings woes. Francis Maguire reports......»»

Category: videoSource: reutersJul 26th, 2019

BorgWarner Shares Hammered On Lower Second-Quarter Earnings And Downward Adjustment In Full-Year Guidance

Powertrain supplier BorgWarner Inc. (NYSE: BWA) reported lower second-quarter sales and income Thursday (July 25). It reduced second-half expectations because of volatile conditions for passenger vehicles, especially in China.  read more.....»»

Category: blogSource: benzingaJul 25th, 2019

Ericsson warns on negative margin impact, shares fall 7%

Telecoms equipment maker Ericsson posted quarterly earnings in line with forecasts but said it expected costs related to winning new contracts for its network business to hit profit margins in the second half of the year......»»

Category: topSource: reutersJul 17th, 2019

Will Pluto, Other Digital Investment Help Viacom?

Viacom, Inc. (NASDAQ: VIAB) shares were down on Monday after a mixed earnings report that also kept analysts lukewarm on the stock, though hopeful for a stronger second half of the year. Viacom on Friday reported second-quarter revenu.....»»

Category: earningsSource: benzingaMay 13th, 2019

Carnival Suffers Worst Plunge of the Year After Cutting Forecast

Carnival Corp. shares tumbled as much as 7.7 percent, their worst rout of the year, after the cruise line cut its forecast......»»

Category: topSource: moneycentralMar 26th, 2019