ZURICH, Jan 26- Moody's cut Novartis's debt rating outlook on Thursday to negative from stable, saying the Swiss drugmaker's borrowing capacity would be weakened by its debt-financed share buyback at a time of stagnating sales. "The buyback is well in excess of the company's free cash flow... and will weaken the company's credit metrics over the next 12 months...
The world's biggest maker of jetliners said it expects 2017 core earnings, which exclude some pension and other costs, of between $9.10 and $9.30 per share on revenue of $90.5 billion to $92.5 billion. Boeing forecast operating cash flow of about $10.75 billion in 2017. Boeing generated $7.7 billion of operating cash flow at the end of the third quarter, fueling...
The world's biggest maker of jetliners said it expected 2017 core earnings, which exclude some pension and other costs, in the range of $9.10- $9.30 per share on revenue of $90.5 billion- $92.5 billion. Boeing forecast operating cash flow of about $10.75 billion in 2017. The company's core earnings rose to $2.47 per share in the fourth quarter ended Dec. 31 from...
LONDON, Jan 24- Britain's BT Group slashed its revenue, earnings and cash flow forecasts on Tuesday after it said an accounting scandal in its Italian business went far further than it previously thought. EBITDA c.7.9 bln stg c.7.6 bln stg Growth Broadly flat Normalised free 3.1-3.2 bln c.2.5 bln stg > 3.6 bln stg 3.0- 3.2 bln stg cash flow stg Dividend per 10 pct...
LONDON, Jan 24- Britain's BT cut its revenue, earnings and free cash flow forecasts for 2017 and 2018 on Tuesday after finding that inappropriate accounting behaviour in its Italian business went far deeper than previously thought. BT, which had revealed an initial investigation into historical accounting practices in Italy in October, said a review had found...
LONDON, Jan 24- Britain's BT cut its revenue, earnings and free cash flow forecasts for 2017 and 2018 on Tuesday after finding that inappropriate accounting behaviour in its Italian business went far deeper than previously thought. BT, which had announced an initial investigation into historical accounting practices in Italy in October, said a review had...
GM EXPECTS IMPROVED MARGINS ON HIGHER REVENUES IN 2017 VS 2016 AND TO GENERATE AROUND $6 BLN IN FREE CASH FLOW.
For 2017, the company is targeting consolidated earnings before interest and taxes before special items in the range of $530 million to $630 million. Bombardier also expects significant improvement in its free cash flow usage for 2017, with a targeted range of $750 million to $1.0 billion, for a year-over-year rise of more than $400 million at the mid-point.
Jim Cramer unveils a bizarre pattern that is driving the stocks that rally this earnings season.
Managing cash flow in retirement is a lot like managing water resources. A solid plan can ensure you have money, even in times of drought.
CNBC's Dominic Chu reports on the record amounts of cash being hoarded by some of America's biggest companies. The "Fast Money" traders weigh in.
The electric carmaker disclosed $1.1-billion in third quarter cash requirements in payments and planned expenditures.
A senior UBS executive says wealthy investors are worried that the election could hurt their retirement accounts.
CNBC's Eamon Javers reports on entrepreneurs working to keep the cash economy running smoothly in legal marijuana industry.
Discussing market action today with Meg Green, of Meg Green & Associates; Ben Willis, of Princeton Securities Group; and CNBC's Rick Santelli.
Now that you’re retired, how should you invest your 401(k) and IRAs to make sure your money will last as long as you do.
Feel like your finances are in a mess? CNBC’s Sharon Epperson gives you the tools to do a quick clean-up and get them in order in three easy steps.
An app created by Fastcash allows users to send and receive money using social networking sites.
The results from Asian commodities player Noble highlights the important role of commodities traders, says Nirgunan Tiruchelvam, director of research at Religare Capital Markets Singapore.
AT&T expects to report more than 2 million net subscriber additions for the third quarter, with gains in every category.