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TSMC likely to post first annual profit drop in 8 years

Taiwan Semiconductor Manufacturing Company (TSMC) is likely to report an annual decrease in net profits this year, due to an even more sa.....»»

Category: topSource: digitimesMar 15th, 2019

Tencent to cut reliance on China gaming after profit hit

Tencent Holdings signaled it will reduce its reliance on gaming in China, where a regulatory review and one-off investment costs led to its sharpest-ever quarterly profit drop and slowest annual profit growth in 13 years......»»

Category: topSource: reutersMar 21st, 2019

Samsung Electronics braces for profit drop as China slowdown chips away at demand

Samsung Electronics Co Ltd is set to post its first drop in quarterly operating profit in two years as slowing economic growth in China, a key market for the South Korean tech giant, erodes demand for its products......»»

Category: topSource: reutersJan 6th, 2019

Renault embarks on post-Ghosn era with lower profit goal

Renault set a weaker full-year profit goal on Thursday, citing currency challenges and market uncertainties, as the French carmaker presented annual results without its recently ousted CEO Carlos Ghosn for the first time in 13 years......»»

Category: topSource: reutersFeb 14th, 2019

Ryanair profit hits four-year low, warns of further pain

Ryanair reported its weakest annual profit in four years and said earnings could fall further. Edward Baran reports......»»

Category: videoSource: reutersMay 20th, 2019

Nissan faces long, rocky road to cut U.S. discounts, rental sales

Nissan Motor Co Ltd said on Tuesday it had hit "rock bottom" with a 45% drop in annual operating profit. The automaker's troubles in the United States, including a failure to deliver on a slew of promises to dealers, are a major reason why......»»

Category: topSource: reutersMay 14th, 2019

Nissan set for weakest profit in 11 years as Ghosn woes, bleak sales weigh

Nissan Motor Co forecast a 28% plunge in its annual operating profit, putting it on course for the weakest earnings in 11 years and underscoring its struggle to turn the page after former Chairman Carlos Ghosn was ousted......»»

Category: topSource: reutersMay 14th, 2019

Nissan flags weakest profit in 11 years, Ghosn woes, bleak sales weigh

Nissan Motor Co forecast a 28% plunge in its annual operating profit, setting it up for the weakest earnings in 11 years and underscoring its struggle to turn the page after the ouster of former Chairman Carlos Ghosn......»»

Category: topSource: reutersMay 14th, 2019

Intel shares drop, three-year outlook seen lagging rivals

Intel Corp shares declined 2.5 percent on Wednesday after executives forecast modest profit growth over the next three years, signaling it is likely to lag big rivals as the once-dominant chipmaker catches up in technology......»»

Category: topSource: reutersMay 8th, 2019

Amazon expected to post slowest sales growth in years

Amazon's decelerating growth could signal a new reality for the e-commerce and cloud giant — less expansion but bigger profit margins......»»

Category: topSource: moneycentralApr 25th, 2019

Stocks mostly flat on profit concerns, oil gains

NEW YORK - A gauge of global equities was mostly flat on Monday as another drop in Boeing shares and concerns U.S. companies will report a decline in earnings for the first time in three years were offset by rising crude prices that lifted oil shares......»»

Category: topSource: reutersApr 8th, 2019

FedEx cuts 2019 forecast again, shares drop 5 percent

FedEx Corp on Tuesday cut its 2019 profit forecast for the second time in three months, sending its shares down 5 percent and fueling fresh worries it is losing ground in Europe to delivery rivals United Parcel Service Inc and Deutsche Post DHL Group......»»

Category: topSource: reutersMar 19th, 2019

U.S. consumer prices post first rise in four months

WASHINGTON, March 12 - U.S. consumer prices rose for the first time in four months in February, but the pace of the increase was modest, resulting in the smallest annual gain in nearly 2-1/2 years......»»

Category: topSource: reutersMar 12th, 2019

Futures Movers: Oil prices decline, look to post positive weekly return

Oil futures head lower on Friday, pulling back after ending higher for the month of February, as traders weigh data showing a drop in OPEC output to its lowest in four years against a backdrop weak U.S. economic data and record domestic production......»»

Category: topSource: marketwatchMar 1st, 2019

USAA profits rebound amid notable natural disasters

USAA's profit in 2017 rebounded to a level not seen for several years, according to its recently released annual report. San Antonio-based USAA's net income for 2017 totaled $2.4 billion, up from $1.8 billion in 2016. During 2015, USAA's combined co.....»»

Category: topSource: bizjournalsApr 23rd, 2018

US consumer prices post first drop in 10 months on weak gasoline

Annual inflation is rising as the weak readings from last year drop from the calculation......»»

Category: topSource: foxnewsApr 11th, 2018

These are the DVDs that kept the post office busiest in each of Netflix’s first 20 years

DVDs represented just a drop in the bucket of Netflix Inc.’s $11.7 billion in revenue last year, but they play a starring role in the company’s history......»»

Category: topSource: marketwatchApr 9th, 2018

These are the DVDs that kept the post office busiest in each of Netflix’s 20 years

DVDs represented just a drop in the bucket of Netflix Inc.’s $11.7 billion in revenue last year, but they play a starring role in the company’s history......»»

Category: topSource: marketwatchApr 9th, 2018

Hedge Fund CIO: The Investing Story For The Next 7 Years Is Profit Destruction

Following up on our earlier post on the latest musings by One River CIO Eric Peters, here is a bonus anecdote f.....»»

Category: blogSource: zerohedgeApr 29th, 2018

Sprint"s busy earnings: First profit in 11 years, new CEO, merger plans and much more

In the midst of merger talks, Sprint Corp.'s finances also made headlines. The company posted its first full fiscal year profit in 11 years, when it reported its annual financial results Wednesday. The Overland Park-based wireless company reported a.....»»

Category: topSource: bizjournalsMay 2nd, 2018

Ryanair braces for first profit drop in 5 years

Ryanair is warning investors to brace for the impact of higher fuel prices and rising staff costs......»»

Category: topSource: moneyMay 21st, 2018