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Phison profits fall over 20% in 1H19

NAND flash device controller supplier Phison Electronics has reported net profit declined 11.4% sequentially and 36.8% on year to NT$781 million (US$25 million) in the second quarter of 2019. EPS for the quarter came to NT$3.96, a 26-quarter low......»»

Category: topSource: digitimesAug 14th, 2019

Goldman profits slump on 1MDB legal woes

Goldman Sachs Group Inc reported a bigger-than-expected fall in quarterly profit on Wednesday as the Wall Street bank set aside more money to cover legal costs for the 1MDB corruption scandal, overshadowing a rebound in its trading business......»»

Category: topSource: reutersJan 15th, 2020

Samsung may see its fourth-quarter profits plunge

The electronic giant says the fall is likely milder than expected, giving the company new hope for increase demand in 2020. Olivia Chan reports......»»

Category: videoSource: reutersJan 8th, 2020

IATA cuts 2019 airline profit forecast, sees stability in 2020

Airline profits are on course to fall faster than expected in 2019 as trade wars hit global commerce and broader confidence, the industry's main global body said on Wednesday, while predicting a modest recovery next year......»»

Category: topSource: reutersDec 11th, 2019

Deere warns of lower profits in 2020 on lingering trade tensions

Deere & Co. on Wednesday warned of lower earnings in the fiscal year 2020 after reporting a fall in quarterly profits, hurt by trade tensions as well as poor weather in the U.S. farm belt that have slowed equipment purchases by farmers......»»

Category: topSource: reutersNov 27th, 2019

Adata 3Q19 profits surge, Phison hit record

Adata Technology saw its net profit surge 267% sequentially to NT$423 million (US$13.9 million) in the third quarter, while Phison Electronics' net profit climbed to a record high of NT$1.63 billion......»»

Category: topSource: digitimesNov 12th, 2019

US Shale Oil Production Headed for a Fall

Analysts at IHS Markit expect U.S. shale oil production growth to decline by half next year. How investors (who are demanding a bigger share of profits) respond is the big question......»»

Category: blogSource: 247wallstNov 7th, 2019

Exxon Mobil, Chevron profits fall as energy prices decrease

A roundup of business news from around the world......»»

Category: topSource: washpostNov 4th, 2019

Samsung"s profits fall by half in third quarter

Samsung Electronics was upbeat on Thursday even though it reported that third-quarter operating profit more than halved due to low prices of memory chips, saying chip sales should pick up next year. Ryan Brooks reports......»»

Category: videoSource: reutersOct 31st, 2019

Pizza Hut, GrubHub troubles dent Yum profits; shares fall

Yum Brands Inc missed earnings expectations, largely hit by a write down in the value of its investment in delivery company GrubHub and warned of sagging sales at its Pizza Hut U.S. chain next year, sending shares down 10% on Wednesday......»»

Category: topSource: reutersOct 30th, 2019

GrubHub, Pizza Hut troubles dent Yum profits; shares fall

Yum Brands Inc missed third-quarter profit expectations on Wednesday, hit by a write down in the value of its investment in delivery company GrubHub and unrelenting troubles at its Pizza Hut chain......»»

Category: topSource: reutersOct 30th, 2019

China"s industrial profits fall 5.3% in Sept as trade war toll mounts

Profits at China's industrial firms contracted for the second straight month in September as producer prices continued their slide, highlighting the toll a slowing economy and protracted U.S. trade war are having taken on corporate balance sheets......»»

Category: topSource: reutersOct 26th, 2019

China"s industrial profits fall 5.3% in September

Profits at China's industrial firms declined 5.3% in September from a year earlier, the National Bureau of Statistics said on Sunday......»»

Category: topSource: reutersOct 26th, 2019

SK Hynix posts 93% profit fall in 3Q19

SK Hynix has reported operating profits fell 93% from a year earlier to KRW473 billion (US$403.7 million) in the third quarter of 2019, while revenues declined 40% on year to KRW6.84 trillion......»»

Category: topSource: digitimesOct 24th, 2019

Global automotive panel shipments fall in 1H19

Worldwide automotive panel shipments fell 3.4% on year to 79 million units in the first half of 2019, in line with decreased global auto shipments in the correspondent period, according to Sigmaintell Consulting......»»

Category: topSource: digitimesOct 17th, 2019

FedEx profits fall after cutting ties with Amazon

FedEx dumps Amazon.....»»

Category: topSource: moneycentralSep 19th, 2019

Aldi UK to plough on with investment as profits fall

Aldi reaffirmed its commitment to investing in Britain on Monday, despite a 26% fall in 2018 profit at the German discount supermarket group's UK business as it paid the price of expansion. Francis Maguire reports......»»

Category: videoSource: reutersSep 16th, 2019

Chip sales fall nearly 14% in 1H19, says IHS

Chip sales during the initial six months of 2019 plunged by 13.9% compared to a year earlier, the biggest drop in a half since the first half of 2009, according to IHS Markit......»»

Category: topSource: digitimesSep 5th, 2019

Trade war dents Chinese company profits, portfolio inflows

Some Chinese business sectors reported solid first half earnings, though a substantial fall in industrial profits and in tepid overseas investment inflows into China's stock markets show fallout from the protracted trade war with the United States......»»

Category: topSource: reutersSep 2nd, 2019

Wus Printed Circuit posts sharp profit rise for 1H19

PCB manufacturer Wus Printed Circuit saw its net profits shoot up over 100% on year in the first half of 2019, thanks mainly to sharp increases in PCB demand for networking equipment, according to company sources......»»

Category: topSource: digitimesAug 30th, 2019

Top-15 semiconductor suppliers see combined sales fall 18% in 1H19, says IC Insights

IC Insights has released its list of the world's top-15 semiconductor suppliers in the first half of 2019, and identified Sony as the only company registering year-over-year growth during the six-month period......»»

Category: topSource: digitimesAug 22nd, 2019