GO
Loading...

Enter multiple symbols separated by commas

Profit Warnings

More

  • NEW YORK, May 12- The U.S. government on Tuesday lowered its 2015 and 2016 crude oil production growth forecasts amid lower prices and fewer active drilling rigs. OPEC cut its forecast for the growth in U.S. oil output this year by 40,000 bpd to 700,000 bpd. It left the estimate for all non- OPEC countries' supply growth unchanged.

  • NEW YORK, May 12- The U.S. government on Tuesday lowered its 2015 and 2016 crude oil production growth forecasts amid lower prices and fewer active drilling rigs. In its short term energy outlook, the U.S. Energy Information Administration lowered its 2015 crude oil production growth forecast to 530,000 barrels per day from 550,000 bpd, while 2016 growth was seen...

  • LONDON, May 12- BHP Billiton, the world's largest mining company, said on Tuesday it would cut its capital and exploration expenditure to $9 billion in the 2016 financial year from $12.6 billion in 2015..

  • *Q1 earnings ex items $0.09/ shr vs est. MONTREAL/ TORONTO, May 7- Bombardier Inc outlined plans on Thursday to list a minority stake in its rail unit as it reported a quarterly profit that topped market expectations but also warned it may cut production of its profitable Global business jets. The company expects to launch an initial public offering of the rail...

  • May 6- Keurig Green Mountain Inc cut its full-year sales and profit forecasts as the company struggles to convince consumers to take up its new Keurig 2.0 brewing system, sending its shares sharply lower in extended trading. The maker of K-Cup single-serve coffee pods also named Peter Leemputte as its chief financial officer and treasurer, succeeding Fran...

  • Puma shares traded 3.4 percent lower at 0955 GMT, compared with a flat German small-cap index, while the stock of majority-owner French luxury goods group Kering was down 0.8 percent. The sportswear industry sources most products from Asia in U.S. dollar contracts, but Puma makes a bigger portion of its profits than its rivals in markets where currencies have...

  • LONDON, May 6- A leading think tank cut its forecast for Britain's economic growth in 2015 on Wednesday, a day before a closely fought national election, but said strong consumer spending should keep the recovery on track. The National Institute of Economic and Social Research also said none of Britain's main political parties had satisfactorily addressed the...

  • April 30- North America's two biggest potash producers, Potash Corp of Saskatchewan and Mosaic Co, reported larger first-quarter profits on Thursday, but results missed expectations. Canada's Potash Corp, the world's biggest fertilizer maker by market capitalization, cut its full-year profit forecast, and both companies warned potash prices could slide.

  • April 30- Harman International Industries Inc, the maker of JBL and Harman Kardon audio systems, cut its profit forecast for 2015, citing a strong dollar and weakness in its speakers and headphones business. Harman, which gets most of its revenue from outside the United States, cut its forecast for adjusted earnings per share by 20 cents to about $5.65.

  • Potash prices are yet to recover after a collapse in 2013, which was triggered by top producer Russia's Uralkali exiting a trading venture with Belarus. Potash cut its full-year profit forecast to $1.75- $2.05 per share from $1.90- $2.20 per share, sending its shares down 3.3 percent in premarket trading. Potash, the second-biggest potash producer by output...

  • TOKYO, April 30- Japanese consumer electronics maker Sony Corp expects operating profit to more than quadruple this year, as strong sales of camera sensors and cost cuts anchor a long-awaited turnaround after years of losses on TVs and mobile phones. Sony said on Thursday it estimates operating profit will jump in the year ending March 2016 to 320 billion yen.

  • TOKYO, April 30- Japanese consumer electronics maker Sony Corp said it expects operating profit to more than quadruple this fiscal year, boosted by strong sales of camera sensors and cost cuts as it seeks to turn around its loss-making mobile phone business. Sony said on Thursday it estimates operating profit will grow in the year ending March 2016 to 320...

  • TOKYO, April 30- Japanese consumer electronics maker Sony Corp said it expects operating profit to more than quadruple this fiscal year, boosted by strong sales of camera sensors and cost cuts in its ailing mobile phone business. Sony said on Thursday it estimates operating profit will grow in the year ending March 2016 to 320 billion yen from 68.5 billion in the...

  • UPDATE 1-Eaton cuts 2015 forecast, cites strong dollar Wednesday, 29 Apr 2015 | 7:30 AM ET

    April 29- Eaton Corp Plc, a maker of electrical and hydraulic systems, cut its full-year profit and organic revenue growth forecast, blaming a strong dollar. Eaton forecast 2015 operating earnings of $4.65- $4.95 per share, down from its previous forecast of $4.75- $5.05 per share. Eaton's net income attributable to shareholders rose to $466 million in the quarter,...

  • Eaton revenue falls 5 pct, cuts 2015 forecast Wednesday, 29 Apr 2015 | 6:48 AM ET

    April 29- Eaton Corp Plc, a maker of electrical and hydraulic systems, reported a 5 percent drop in quarterly revenue, hurt by a decline in sales in its electrical business. The company also cut its 2015 profit and organic revenue growth forecasts. Eaton's net income attributable to shareholders rose to $466 million, or 99 cents per share, in the first quarter ended...

  • UPDATE 1-Twitter cuts revenue forecast, shares slump Tuesday, 28 Apr 2015 | 4:11 PM ET

    April 28- Twitter Inc cut its full-year revenue forecast due to weak demand for its direct response products, sending its shares down as much as 24 percent on Tuesday. Twitter said it expected 2015 revenue of $2.17 billion to $2.27 billion, compared with an earlier forecast of $2.3 billion to $2.35 billion. Twitter's net loss widened to $162.4 million, or 25 cents...

  • CHICAGO, April 28- Whirlpool Corp posted a higher quarterly net income on Tuesday but lowered its profit forecast and sales outlook for 2015, predicting a significant drop in Latin American sales owing largely to Brazil's stagnating economy. In a conference call with analysts, Whirlpool said it has introduced price increases in a number of markets including...

  • April 28- Medical device maker Boston Scientific Corp cut its full-year revenue and profit forecasts as it continues to bear the brunt of charges from a number of lawsuits. Boston Scientific said in February it would pay Johnson& Johnson $600 million to settle a long-running lawsuit over Boston Scientific's acquisition of rival Guidant in 2005..

  • April 28- U.S. drugmaker Pfizer Inc cut its full-year revenue and profit forecast, blaming a stronger dollar. Pfizer's shares were roughly unchanged at $34.62 in premarket trade on Tuesday morning. Pfizer's net profit rose to $2.38 billion, or 38 cents per share, in the latest quarter, from $2.33 billion, or 36 cents per share, a year earlier.

  • April 24- Xerox Corp, cut its 2015 profit forecast, blaming a strong dollar, and reported quarterly revenue below Wall Street's expectations, hurt mainly by lower printer sales and higher costs. Shares of Xerox, which got a third of its revenue from outside the United States last year, fell 4.5 percent in premarket trading on Friday. Xerox lowered its 2015 adjusted...