Sunday, November 17, 2019
Tags Performance / results / earnings

Tag: performance / results / earnings

PC maker HP to cut up to 9,000 jobs in restructuring...

(Reuters) - U.S. personal computer maker HP Inc said on Thursday it will cut up to 16% of its workforce as part of a...

Behind the GM strike: Declining productivity at U.S. operations

(Reuters) - General Motors Co's U.S. workforce productivity has declined since the automaker recovered from a 2009 bankruptcy, even as its profit per employee...

Costco quarterly sales miss estimates amid fierce competition

(Reuters) - Costco Wholesale Corp () reported quarterly revenue below Wall Street estimates on Thursday, as the U.S. hypermarket chain struggled to attract shoppers...

Third quarter could mark turning point in U.S. profit cycle

NEW YORK (Reuters) - As investors prepare for U.S. corporations to report financial results next month, they could look past recent sluggish growth and...

British Airways owner says pilot strikes to hit profit

(Reuters) - British Airways parent IAG () warned on Thursday that full-year profit will be hit by a pilots' strike at the UK carrier...

Aston Martin fundraise takes liquidity concerns off the table: CEO

LONDON (Reuters) - The chief executive of luxury carmaker Aston Martin () said securing $150 million in short-term debt, with an option...

Adobe beats quarterly estimates on cloud strength; shares rise

(Reuters) - Adobe Inc beat analysts' estimates for quarterly profit and revenue on Tuesday, driven by growth in its digital media business that houses...

Fashion house Chanel parades its independence as profits rise

PARIS (Reuters) - Luxury fashion group Chanel, whose star designer Karl Lagerfeld passed away in February, on Monday reaffirmed commitment to its independence after...

Deutsche Bank to set up 50 billion euro bad bank in...

FRANKFURT (Reuters) - Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of...

Carrefour sees more retail sector consolidation, including in France

PARIS (Reuters) - The boss of Carrefour said on Friday the retail sector was bound to consolidate in the coming years, notably in France,...