May 22- Target Corp cut its full-year profit forecast on Wednesday while turning in a weak first quarter with disappointing sales, as a chilly start to spring kept shoppers from buying seasonal items like clothing.» Read More
April 24- Communications gear maker Motorola Solutions Inc reported lower-than-expected first-quarter revenue as growth slowed in its government business, and it cut its full-year revenue forecast.
*First-qtr EPS $0.85 vs $1.04 year earlier. The company now expects total capex of $5.2 billion to $5.7 billion for the year, down from its previous forecast of $5.7 billion to $6.3 billion. The company's net profit fell to $847 million, or 85 cents per share, in the quarter from $1.04 billion, or $1.04 per share, a year earlier.
April 23- Illinois Tool Works Inc lowered its full-year sales forecast on Tuesday, citing "softer-than-anticipated demand" for many of its products. ITW also said it now expects full-year earnings from continuing operations of $4.15 to $4.35 per share. In January it forecast $4.17 to $4.37.
April 19- ManpowerGroup Inc, the world's No.3 staffing company, reported a strong adjusted quarterly profit as cost cuts propped up margins even though European sales declined sharply, and said margins could slightly expand in the second quarter. They were up 4 percent at $53.47 on the New York Stock Exchange on Friday.
*Bank of Canada extends year-long freeze on rates. OTTAWA, April 17- The Bank of Canada on Wednesday chopped its economic growth forecast for the country and left interest rates unchanged but still insisted the next move in interest rates would likely be a hike.
CNBC's Adam Bakhtiar looks at shares of Fast Retailing in the daily 'Stock in 60' segment, which swung heavily after releasing Q2 operating profits that missed expectations.
As part of the assumptions underlying President Barack Obama's 2014 budget proposal released on Wednesday, the White House said the potential growth rate currently appears to be 2.4 percent a year.
GENEVA, April 10- The World Trade Organization slashed its forecast for trade growth in 2013 on Wednesday, saying it feared protectionism was on the increase.
GENEVA, April 10- The World Trade Organization slashed its forecast for global trade growth in 2013 to 3.3 percent from 4.5 percent on Wednesday and said 2012 saw only a 2.0 percent increase, the smallest annual rise since records began in 1981..
*Carrier cites less last-minute government travel. April 2- Delta Air Lines Inc on Tuesday curbed its growth forecast for a key revenue measure for the first quarter, saying March demand was hurt by lower last-minute travel from government clients in the wake of U.S. budget pressures.
*Carrier cites lower last-minute bookings. *Shares fall nearly 8 pct. April 2- Delta Air Lines Inc on Tuesday cut its first-quarter forecast for a key revenue measure as March performance weakened from January and February, and its shares fell nearly 8 percent.
MILAN, March 24- The International Monetary Fund is planning to cut its U.S. growth forecast for this year due to higher taxes and spending cuts, Italian news agency ANSA said, citing a draft of the IMF's next World Economic Outlook report.
Stacey Widlitz, president of S.W. Retail Advisors and CNBC Contributor, reminds CNBC ahead the release of earnings that Tiffany's has warned of lower profits over the last four quarters and is currently going through a huge deceleration due to a tough competitive market and mismanagement of guidance.
*FedEx to step-up cost-cutting, reduce international capacity. March 20- FedEx Corp cut its full-year forecast after a worse-than-expected third-quarter profit as customers shift from air express to slower but cheaper modes of shipping.
*Cuts earnings forecast to $1.80- $2.10/ shr vs $2.20- $2.40. March 15- Carnival Corp, the world's largest cruise operator, swung to a quarterly profit on Friday but posted lower revenue per cabin and cut its profit and revenue forecast for the year, citing weakness in Europe and pricing promotions.
March 15- Carnival Corp, the world's largest cruise operator, on Friday reported a quarterly profit but posted a drop in the revenue each cabin generates and lowered its revenue forecast for the year, citing weakness in Europe and pricing promotions.
*Trims earnings forecast to $1.80- $2.10/ shr vs $2.20- $2.40. March 15- Cruise operator Carnival Corp, grappling with a series of recent headline-grabbing mishaps involving its ships, said on Friday it returned to profitability in the latest quarter but cut its revenue and profit forecast for the year.
SOFIA, March 13- Bulgaria's interim finance minister cut the forecast for 2013 economic growth on Wednesday, underlining the vulnerable position of the EU poorest country, which has been rocked by protests against low living standards.
FRANKFURT, March 7- The European Central Bank cut its forecasts for the euro zone economy for this year and next on Thursday but kept its forecasts for inflation broadly unchanged.
*CEO bonus cut 10 pct to $3.15 million. LONDON, March 5- Standard Chartered notched up a tenth successive rise in annual profit with a 1 percent gain that was capped by the bank's big fine for breaking U.S. sanctions on Iran and rising regulatory costs.