Dow Jones Newswires: AstraZeneca profit misses forecasts and warns outlook hinges on COVID-19

The FTSE 100-listed drug maker reported that core operating profit slid 29% to $1.55 billion......»»

Category: topSource: marketwatchFeb 14th, 2020

Dow Jones Newswires: HSBC profit misses expectations and bank warns of challenging outlook

HSBC said that it expects significant charges in the fourth quarter and “subsequent periods” including possible impairment of goodwill and additional restructuring charges.....»»

Category: topSource: marketwatchOct 28th, 2019

Dow Jones Newswires: Hugo Boss profit misses forecasts, but guides for improvement ahead

The U.S. market environment worsened during the third quarter, Boss said. “Besides lower local demand, also sales generated with tourists decreased in this market,” Boss said......»»

Category: topSource: marketwatchNov 5th, 2019

Dow Jones Newswires: ASML sticks to 2020 outlook as net profit rises

emmanuel dunand/Agence France-Presse/Getty ImagesMarket Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news......»»

Category: topSource: marketwatchJul 15th, 2020

Lumentum"s stock falls after profit beats but revenue misses, and provides Q4 outlook below forecasts

Shares of Lumentum Holdings In.....»»

Category: topSource: marketwatchMay 5th, 2020

Dow Jones Newswires: BASF profit and sales fall as it warns of coronavirus impact

BASF SE said Friday that net profit and sales for the fourth quarter fell, and it warned of the negative effects of the coronavirus for the current year......»»

Category: topSource: marketwatchFeb 28th, 2020

Dow Jones Newswires: Air France-KLM warns of coronavirus hit as 2019 profit falls

The Franco-Dutch carrier reported a net profit of 290 million euros ($313.1 million) in 2019 down EUR130 million from with the same period a year earlier......»»

Category: topSource: marketwatchFeb 20th, 2020

Dow Jones Newswires: Credit Agricole profit beats forecasts

Credit Agricole SA’s fourth-quarter net profit beat expectations after it rose sharply, supported by one-offs and growing revenue......»»

Category: topSource: marketwatchFeb 14th, 2020

Dow Jones Newswires: Barclays profit misses views as CEO faces regulatory probe over Epstein link

Barclays PLC said Thursday that Chief Executive Officer Jes Staley retains the board’s full confidence despite a U.K. regulatory investigation concerning his relationship with Jeffrey Epstein, as it reported its 2019 results......»»

Category: topSource: marketwatchFeb 13th, 2020

Dow Jones Newswires: Ahold Delhaize profit and revenue beat views

Koninklijke Ahold Delhaize NV reported on Wednesday net profit growth for the fourth quarter of 2019 on rising revenue, beating analysts’ forecasts......»»

Category: topSource: marketwatchFeb 12th, 2020

Dow Jones Newswires: Heineken profit rises and forecasts single-digit earnings growth for 2020

The world’s second-largest brewer said it isn’t possible to assess the extent and duration of the impact of coronavirus on the economy and business at this time......»»

Category: topSource: marketwatchFeb 12th, 2020

Dow Jones Newswires: ING profit tumbles, missing forecasts

ING Groep NV on Thursday reported a significant fall in net profit for the fourth quarter of 2019, reflecting increases in risk costs, expenses and effective tax rate......»»

Category: topSource: marketwatchFeb 6th, 2020

Dow Jones Newswires: Pandora profit beats expectations, but warns of negative sales in 2020

Danish jeweler Pandora A/S said Tuesday that its turnaround program was starting to yield results as it reported better-than-expected fourth-quarter net profit......»»

Category: topSource: marketwatchFeb 4th, 2020

Dow Jones Newswires: UBS misses 2019 targets despite 4Q net profit more than doubling

The bank miss.....»»

Category: topSource: marketwatchJan 21st, 2020

Dow Jones Newswires: LG Electronics 4Q operating profit forecast misses market expectations

The South Korean home-appliance giant said in pre-earnings guidance it anticipates operating profit of 98.60 billion South Korean won ($84.4 million) for the last three months of 2019, compared with KRW75.70 billion a year earlier......»»

Category: topSource: marketwatchJan 8th, 2020

Dow Jones Newswires: Maersk profit beats, but shipping giant cuts container outlook on weak economies, trade dispute

Maersk, which is considered a barometer of global trade, confirmed that revenue slipped 1% to $10.06 billion, as guided in a recent announcement......»»

Category: topSource: marketwatchNov 15th, 2019

Dow Jones Newswires: Burberry profit and revenue up, but warns of hit from Hong Kong unrest

The company cut its gross margin view to fiscal 2020, saying it now expects a 150-basis-point decline, from a 100-basis-point decline previously, as it continues to see disruptions in the higher-margin Hong Kong market......»»

Category: topSource: marketwatchNov 14th, 2019

Dow Jones Newswires: Richemont profit misses expectations despite rising sales

Sales growth was powered by the company’s online distributors, which grew 32%, and jewelry division, where sales rose 8%, Richemont said......»»

Category: topSource: marketwatchNov 8th, 2019

Dow Jones Newswires: Allianz upbeat on outlook after profit edges higher

Allianz said it now sees 2019 operating profit in the upper half of its target range of between EUR11 billion and EUR12 billion......»»

Category: topSource: marketwatchNov 8th, 2019

Dow Jones Newswires: UniCredit’s net profit soars, beating forecasts

Net interest income — the difference between what lenders earn from loans and pay for deposits, and a key profit driver for retail banks — fell 5% to EUR2.56 billion......»»

Category: topSource: marketwatchNov 7th, 2019

Dow Jones Newswires: Siemens net profit and revenue beat forecasts

The company said it achieved its full-year targets for fiscal 2019. As for the next fiscal year, it expects moderate growth in comparable revenue and a moderate decline in market volume for its short-cycle businesses......»»

Category: topSource: marketwatchNov 7th, 2019