Wednesday, April 1, 2020
Tags Results forecasts / warnings

Tag: results forecasts / warnings

Lufthansa slashes flight schedule further, may seek state aid

BERLIN (Reuters) - German flagship carrier Lufthansa () on Friday said it would scrap its annual dividend, slash its flight schedule further and is...

British Airways in battle for ‘survival’ over coronavirus

LONDON (Reuters) - British Airways warned that its survival was at stake on Friday as its CEO told staff of plans to cut jobs...

Gap sees 2020 profit above estimates, flags $100 mln virus hit...

(Reuters) - Gap Inc () leaned on its turnaround plan to forecast 2020 profit above market expectations on Thursday, but flagged a $100 million...

Slack shares slump on soft outlook, slower growth

(Reuters) - Workplace communication platform Slack Technologies Inc forecast a soft revenue outlook for the first quarter on Thursday, sending its shares down more...

Facebook sales grow as users tick up; Zuckerberg defends political ads

(Reuters) - Facebook Inc () reported an uptick in users in lucrative markets and its third straight rise in quarterly sales growth on Wednesday,...

Pizza Hut, GrubHub troubles dent Yum profits; shares fall

(Reuters) - Yum Brands Inc () missed earnings expectations, largely hit by a write down in the value of its investment in delivery company...

GE still sees $1.4 billion cash cost from Boeing 737 MAX...

NEW YORK (Reuters) - General Electric Co () still expects the grounding of Boeing Co's () 737 MAX jetliner to reduce its...

GE raises cash forecast, beats on adjusted EPS, lifting shares

(Reuters) - General Electric Co () posted adjusted profits on Wednesday that beat analysts' estimates and wowed investors by promising to deliver $1 billion...

Sony in record second quarter profit, image sensor demand offsets slide...

TOKYO (Reuters) - Sony Corp on Wednesday said operating profit jumped 16% in its strongest-ever result for a second quarter, as robust sales of...

Barbie, K-pop’s BTS power Mattel’s surprise revenue rise; shares jump

(Reuters) - Mattel Inc () reported a surprise jump in quarterly revenue on Tuesday as newer models energized demand for its flagship Barbie brand,...