March 14- U.S. packaged foods group General Mills Inc estimated quarterly earnings below analysts' expectations due to lower sales volumes and increased marketing spending in its U.S. yogurt business.» Read More
Feb 5- 3 D Systems Corp estimated its fourth-quarter adjusted profit below its expectations, hurt by softer demand for printed parts and for its consumer printers, sending its shares tumbling 25 percent. The largest listed 3 D printer company now expects adjusted profit of 83 to 87 cents per share in the fourth quarter of fiscal 2013..
*Expects to meet FY guidance for profit of 500- 520 mln eur. DUBLIN, Feb 3- Ryanair reported strong forward bookings and an easing of intense price competition among European airlines on Monday, raising hopes it can quickly regain height with a new customer-friendly image after a profit warning spooked markets last year.
Jan 30- Oilfield services company Weatherford International Ltd said it would cut 7,000 jobs and warned that its fourth-quarter profit would miss its forecast, hurt by severe winter in North America and operational disruptions in the Middle East.
*Capital spending to fall to $37 bln from $46 bln. LONDON, Jan 30- Anglo-Dutch oil company Royal Dutch Shell plans to sell assets, cut spending and freeze a controversial Arctic drilling programme to improve returns after a major profit warning.
*Fiat Chrysler Automobiles main listing to be New York. MILAN/ DETROIT, Jan 29- Fiat has cut its 2014 profit forecast after a slump in Latin American earnings, underscoring the task the carmaker faces as it completes a merger with U.S. arm Chrysler and shifts its focus away from Italy to create a true global player.
The company's shares were down 6 percent at $96.45 on the New York Stock Exchange on Wednesday. "The organic sales decline in personal care was unexpected," BMO Capital Markets analyst Connie Maneaty said.
*Fiat Chrysler Automobiles main listing to be New York. Turin- based Fiat, which this month bought out Chrysler's minority investor in a $4.35 billion deal, said on Wednesday the new Fiat Chrysler Automobiles group would have its primary listing in New York, with a secondary listing in Milan.
MILAN/ DETROIT, Jan 29- Italian automaker Fiat has cut its 2014 profit guidance just after taking full control of U.S. unit Chrysler, as a cooling of its large Latin American market eroded earnings. Latin America and Chrysler have become increasingly important to Fiat as its business in Europe struggles with a six-year slump in auto sales.
LONDON, Jan 29- British luxury fashion group Mulberry warned its annual profit would be substantially below forecasts due to heavy Christmas discounting in Britain and weak demand in South Korea, wiping more than a quarter off its shares.
Keith McGregor, EMEIA restructuring leader at EY, points out that U.K. profit warnings fell to a three-year low in 2013 due to "great momentum" in the first half.
LONDON, Jan 27- Oil and gas firm BG Group issued a profit warning and cut its production forecasts for this year and next, blaming turmoil in Egypt and sending its shares down as much as 15 percent.
Jan 23- Slot-machine maker International Game Technology warned that it full-year profit would more likely be towards the lower end of its previous forecast due to continued weakness in the North American gaming market. The company had forecast fiscal 2014 adjusted earnings of $1.28- $1.38 per share in November.
Jan 22- Motorola Solutions Inc, which makes walkie-talkies and rugged mobile computers, reported a slight rise in quarterly profit, helped by higher government sales, but forecast a steep drop in first-quarter sales. Motorola Solutions forecast a 4-6 percent drop in current-quarter revenue.
ZURICH, Jan 22- ABB said it expected fourth-quarter net profit of $525 million, after a profit warning for its power division earlier on Wednesday.
*Strong UK retail sales bolster sentiment. LONDON, Jan 17- European shares edged up to fresh 5-1/ 2 year highs on Friday, with much stronger-than-expected UK retail sales reassuring about the strength of the region's economy and counterbalancing a profit warning by Shell.
Peter Hutton, energy analyst at RBC Capital Markets, comments on Shell's profit warning and says it is a "reminder" and not new information.
LONDON, Jan 17- European shares steadied around 5-1/ 2 year highs on Friday, with gains pegged back by a profit warning from oil major Royal Dutch Shell which followed a crop of weak earnings from heavyweight U.S. companies overnight. The news saw Britain's FTSE 100- where Shell's A and B shares together make up around 8 percent of the index- lag other European bourses.
Jan 14- GameStop Corp, the world's largest videogame retailer, warned of lower-than-expected profit as sales sagged for games played on older versions of Xbox and PlayStation consoles. Morningstar analyst Liang Feng said too much of a drop in sales of old console software could hurt GameStop as it is historically the company's strongest business.
*Company sees 4th- qtr revenue of $513- $518 mln. *Sees earnings 71- 73 cents/ share, down from 78- 80 cents. Jan 13- Sales at Lululemon Athletica Inc's established stores will likely fall in its latest quarter, the first year-on-year drop since 2009, the company warned on Monday, the latest in a spate of setbacks for the once high-flying yogawear retailer.
*Sees earnings 71- 73 cents/ share, down from 78- 80 cents. Jan 13- Sales at Lululemon Athletica Inc's established stores will likely drop in the fourth quarter, the first year-on-year drop since 2009, the company warned on Monday, the latest in a spate of setbacks for the once high-flying yogawear retailer.