Earnings News
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By AFP
Paris -
French-Dutch airline Air France-KLM said Thursday the coronavirus has blown a large hole in 2020 earnings to date while separately unveiling lower profits for 2019.
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By AFP
Apo -
Shareholders livid about the performance of struggling Japanese car giant Nissan on Tuesday blasted bosses over dividends, executive pay, the stock price, and even the type of vehicle they use.
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By AFP
San Francisco -
Apple is to miss its revenue forecast for the March quarter due to the coronavirus epidemic, the US tech giant said Monday, warning that iPhone supplies worldwide would also be impacted, underlining the economic cost of the health crisis.
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By AFP
Sydney -
BHP, the world's biggest miner, warned Tuesday that demand for resources could be hit by the novel coronavirus outbreak in China unless the epidemic is contained by the end of March.
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Apple Inc. has reported strong earnings growth, issuing a statement on January 28, after the market closed. The iPhone 11 led the charge. Apple experienced double-digit growth in many developed markets, including the US, the UK, France and Singapore.
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Nordstrom’s success building customer experiences across its many channels is the reason why the firm has exceeded the earnings expectations of most stock market analysts, says Darin Archer, Chief Strategy Officer at Elastic Path.
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Facebook's stock rose in after-hours trading after the company posted third-quarter earnings that exceeded analysts expectations - at least for now. But what does the future hold for the company and where might the main risks come from?
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By AFP
San Francisco -
Google parent Alphabet on Monday reported a sharp drop in profit over the past quarter as it ramped up spending for a wide array of new gadgets and services.Profit dipped 23 percent from a year ago to $7.1 billion as revenue grew 20 percent to $40.
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By AFP
San Francisco -
Google parent Alphabet on Monday reported a sharp drop in profits over the past quarter as it ramped up spending for the launch of a wide array of new gadgets and services.Profit dipped 23 percent from a year ago to $7.
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By AFP
San Francisco -
Google parent Alphabet on Monday reported a sharp drop in profits over the past quarter as it ramped up spending for a wide array of new gadgets and services.Profit dipped 23 percent from a year ago to $7.1 billion as revenue that 20 percent to $40.
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By AFP
San Francisco -
Amazon on Thursday reported quarterly profits shy of Wall Street forecasts as it poured money into speeding up delivery time to just a day.Net income slid 27 percent from last year to $2.
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By AFP
San Francisco -
Amazon on Thursday reported that quarterly profits shy of Wall Street forecasts, sending shares of the tech giant tumbling in after-market trades.Net income slid 27 percent from last year to $2.
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By AFP
San Francisco -
Microsoft reported Wednesday that quarterly profits rose on the back of its thriving cloud computing business which has become a core focus for the US technology giant.Profits rose 21 percent to $10.
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By AFP
San Francisco -
Netflix shares rallied Wednesday after its latest quarterly update showed robust subscriber growth and better-than-expected profits ahead of a major escalation in the streaming television war.
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In its latest quarterly results, Canopy Growth posted a $1.2 billion loss and lower than expected sales, citing the risk of “oversupply of certain oil and gel-cap formats in certain markets.”
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By AFP
Paris -
European aerospace giant Airbus Wednesday reported profits more than doubled in the first half of the year, a strong result it attributed mainly to increased production of its A320 family of aircraft.It said net profits reached 1.197 billion euros ($1....
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The world's largest chemical producer, BASF SE, fired a warning shot across industries, saying slowing markets from cars to crops and the impact of the U.S.-China trade war threaten to cut profits by 30 percent this year.
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By AFP
San Francisco -
Apple delivered stronger-than-expected results Tuesday for the past quarter as gains in services helped offset slumping iPhone sales, sparking a rally in shares of the technology giant.
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By AFP
Mexico -
Mexican state oil company Pemex registered a loss of 35.7 billion pesos ($1.88 billion) in the first quarter of 2019, it announced Tuesday, falling back into the red despite a government bailout.
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The tech industry is fighting an uphill battle when it comes to gender equality. One study suggests men are offered higher salaries than women for the same job roles 63 percent of the time. Rachel Ernst outlines what can be done.
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By AFP
Paris -
Agence France-Presse made a net loss of 2.6 million euros ($2.8 million) in 2018, down on 4.8 million in 2017, helped by higher commercial receipts, but warned that 2019 will be a challenging year.
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By AFP
Paris -
Agence France-Presse made a net loss of 2.6 million euros ($2.8 million) in 2018, down on 4.8 million in 2017, helped by higher commercial receipts, but warned that 2019 will be a challenging year.
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Stock in Tilray the Canadian pot company now sits finely poised between earnings due on today after the bell and a shortage of stock to short.
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By AFP
Abu Dhabi -
Abu Dhabi's Etihad Airways posted a loss in 2018 for the third year running, it said Thursday, blaming investment losses and challenging market conditions.
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By AFP
Fpo -
Hong Kong flag carrier Cathay Pacific on Wednesday announced a net profit of HK$2.35 billion ($299 million) last year, ending two successive annual losses after a massive overhaul.
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Target announced its fourth quarter earnings this morning, with brick-and-mortar sales growth of nearly 3 percent, and online sales growth of 31 percent. The growth in both areas show changing consumer preferences.
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By AFP
Dubai -
Dubai budget carrier flydubai chalked up a loss of $43.5 million in 2018, it said Wednesday, as airlines across the Gulf struggle with mounting costs and political tensions.
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By AFP
Fpo -
Banking giant HSBC said on Tuesday that pre-tax profit rose last year but it suffered a bruising final quarter as worries over the global economy and the US-China trade war began to bite.
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By AFP
Fpo -
Banking giant HSBC said on Tuesday that pre-tax profit rose 16 percent to $19.9 billion last year with growth across its global businesses despite a "challenging external environment in the fourth quarter".
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By AFP
Paris -
Renault profits fell sharply last year, the French automaker said Thursday, releasing its first annual results since the shock arrest in Japan of former boss Carlos Ghosn.
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Earnings Image
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