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Dow Jones Newswires: Weighed by cost cuts, Renault swings to 2019 loss and cuts dividend

Renault SA swung to a 2019 net loss and slashed its dividend as its earnings were hit by several headwinds amid weak global demand for cars......»»

Category: topSource: marketwatchFeb 14th, 2020

Dow Jones Newswires: Weighed by costs, Renault swings to 2019 loss and cuts dividend

Renault SA swung to a 2019 net loss and slashed its dividend as its earnings were hit by several headwinds amid weak global demand for cars......»»

Category: topSource: marketwatchFeb 14th, 2020

Dow Jones Newswires: Daimler swings to surprise loss and cuts dividend as diesel issue weighs

The German car m.....»»

Category: topSource: marketwatchFeb 11th, 2020

Dow Jones Newswires: Siemens Gamesa swings to loss and cuts guidance

Siemens Gamesa Renewable Energy SA said Tuesday that it swung to a loss in the first quarter of its fiscal 2020 due to project delays, and lowered its full-year guidance......»»

Category: topSource: marketwatchFeb 4th, 2020

Dow Jones Newswires: Deutsche Telekom lifts 2019 view, but cuts dividend after reporting profit rise

Deutsche Telekom said it now expects to pay a dividend of 60 European cents a share, compared with 70 European cents last year, citing unexpectedly high-costs for the mobile spectrum auction in Germany......»»

Category: topSource: marketwatchNov 7th, 2019

Dow Jones Newswires: Pandora swings to unexpected loss and cuts revenue guidance

Pandora said it expects an improving performance during the fourth quarter with strong Christmas trading, but disappointing results in China hit October’s like-for-like sales......»»

Category: topSource: marketwatchNov 5th, 2019

Schlumberger swings to large loss, misses revenue and cuts dividend by 75%; stock surges

Shares of Schlumberger Ltd. surged 6.8% in premarket trading Friday, after the oil services company swung t.....»»

Category: topSource: marketwatchApr 17th, 2020

Renault plans $2.2 billion "no taboos" cost cuts after first loss in a decade

Renault's first loss in a decade triggered a no-taboos commitment to cut costs by 2 billion euros ($2.2 billion) over the next three years from the carmaker on Friday, as it tries to put the Carlos Ghosn affair behind it......»»

Category: topSource: reutersFeb 14th, 2020

Dow Jones Newswires: Airbus swings to loss in 2019 and sets 2020 guidance

Airbus said its full-year net loss was 1.36 billion euros ($1.48 billion) compared with a net profit of EUR3.05 billion in 2018......»»

Category: topSource: marketwatchFeb 13th, 2020

Nokia"s surprise profit rise fails to salvage 2019 dividend

Cost cuts helped Nokia to a surprise rise in its October-December underlying profit on Thursday, although the Finnish telecom network equipment maker flagged tough times ahead and said it would not propose a dividend for 2019......»»

Category: topSource: reutersFeb 6th, 2020

Dow Jones Newswires: UniCredit swings to loss on one-offs

UniCredit SpA swung to a loss in the fourth quarter as one-offs and provisions weighed on the results and said it is considering a higher capital distribution......»»

Category: topSource: marketwatchFeb 6th, 2020

Dow Jones Newswires: Equinor swings to surprise loss on lower prices, big impairments

Equinor ASA Thursday swung to an unexpected fourth-quarter net loss as earnings were weighed on by lower prices and hefty impairments......»»

Category: topSource: marketwatchFeb 6th, 2020

Dow Jones Newswires: ArcelorMittal swings to loss as sales drop

ArcelorMittal said Thursday that it swung to a loss in the fourth quarter of 2019, due to one-off costs and a challenging market environment......»»

Category: topSource: marketwatchFeb 6th, 2020

Dow Jones Newswires: BP swings to replacement cost loss amid weaker environment

BP PLC said Tuesday that it swung to a replacement cost loss in the fourth quarter, largely reflecting a weaker environment, but beat a consensus of analysts’ forecasts on an underlying basis......»»

Category: topSource: marketwatchFeb 4th, 2020

Dow Jones Newswires: Swedish steelmaker SSAB swings to bigger-than-expected loss

Swedish steelmaker SSAB AB said Tuesday that it swung to a fourth-quarter net loss as a weaker market saw stock adjustments in Europe, while strikes in Finland and lower prices in its Americas operation all weighed on the result......»»

Category: topSource: marketwatchJan 28th, 2020

Dow Jones Newswires: Wacker Chemie swings to 2019 loss

Wacker Chemie AG said Tuesday that its preliminary figures for 2019 indicate that it swung to a loss, mainly due to a impairment charge......»»

Category: topSource: marketwatchJan 28th, 2020

Dow Jones Newswires: UBS cuts mid-term guidance after missing 2019 targets

The bank miss.....»»

Category: topSource: marketwatchJan 21st, 2020

Dow Jones Newswires: Tullow Oil cuts guidance for oil production and CEO resigns

The energy company said that despite a solid financial performance, it expects net production in 2019 to average around 87,000 barrels of oil per day due largely to lower production from the TEN and Jubilee fields in Ghana......»»

Category: topSource: marketwatchDec 9th, 2019

Dow Jones Newswires: ArcelorMittal swings to net loss in third quarter

The company said that it now expects steel shipments to be stable in 2019 compared with 2018, which it revised from a previous guidance of an increase year-on-year......»»

Category: topSource: marketwatchNov 7th, 2019

Dow Jones Newswires: Telefonica backs 2019 view after net loss

Telefonica SA on Tuesday reported a third-quarter loss after booking more than a billion euros in restructuring costs but backed its guidance for the year and said it would stick to its dividend policy.....»»

Category: topSource: marketwatchNov 5th, 2019

Dow Jones Newswires: Airbus cuts 2019 delivery target as it struggles with production woes

Airbus cut its 2019 delivery target to roughly 860 aircraft from a previous forecast of 880 to 890 jets for the year, citing “underlying actions to secure a more efficient delivery flow in the next years.”.....»»

Category: topSource: marketwatchOct 30th, 2019