Thursday, November 14, 2019
Tags Results forecasts / warnings

Tag: results forecasts / warnings

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...

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...

Bank of America, Morgan Stanley eye growth in employee-benefits management

NEW YORK (Reuters) - Morgan Stanley () and Bank of America Corp () are expanding the employee-benefits services they offer, hoping to gain market...

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...

Nestle launches plant-based burger in the United States

(Reuters) - Food giant Nestle launched its "Awesome" vegan burgers in the United States on Thursday, seeking to tap into the country's...

VW expects to raise productivity to more than 6% in 2019

BERLIN (Reuters) - Volkswagen's () VW brand said on Thursday it had increased productivity, cut costs and was on course to achieving...

Best Buy targets $50 billion in revenue by 2025, eyes health...

(Reuters) - Best Buy Co Inc () aims to rake in revenue of $50 billion and cut about $1 billion in costs...

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...

Mexico tourism mostly unaffected by Thomas Cook closure: ministry

MEXICO CITY (Reuters) - The collapse of British travel firm Thomas Cook will not have a "significant impact" on Mexico's tourist industry as it...