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Profit Warnings

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  • *Lowers top-end of profit outlook to $3.17/ share from $3.19. May 20- TJX Cos Inc, the owner of off-price chains TJ Maxx and Marshalls, cut the top-end of its full-year earnings outlook after reporting lower-than-expected comparable store sales due to weak demand for apparel.

  • *Third-qtr sales $1.97 bln vs est. May 19- Campbell Soup Co, the world's largest soup maker, cut its full-year sales forecast as the competition in the cheap-and-easy meals category shows no sign of cooling. "So, consumers have the option- rather than buying soup they might go out and get frozen pizza or mac and cheese," Morningstar analyst Erin Lash said.

  • May 19- Campbell Soup Co, the world's largest soup maker, cut its full-year sales forecast after posting weaker-than-expected quarterly sales as increased promotions failed to boost its U.S. soup division. Shares of Campbell, which also makes Prego pasta sauces and Pepperidge Farm cookies, fell 5.4 percent in premarket trading.

  • WARSAW, May 14- The European Bank for Reconstruction and Development slashed its regional growth forecasts in half on Wednesday and warned of damage to the world economy if the crisis in Ukraine sends Russia into recession.

  • May 8- Security software maker Symantec Corp posted a better-than-expected quarterly profit, helped by cost cutting, and forecast current quarter and full-year revenue above Wall Street expectations. Symantec said it expects first-quarter adjusted profit of 41- 43 cents per share on revenue of $1.65- $1.69 billion.

  • *Cuts 2014 rev range to $995 mln- $1.025 bln, EPS ex-items to $2.68- $2.80. *Sees Q2 revenue $230- $240 mln, EPS ex-items $0.55- $0.62. JERUSALEM, May 8- Israeli software provider Nice Systems trimmed its 2014 profit and revenue forecasts after first-quarter results fell short of expectations, driving its shares down more than 9 percent.

  • May 8- Dean Foods Co, the largest U.S. milk processor, cut its full-year adjusted profit forecast after posting a surprise loss for the first quarter, as milk costs reached an all-time high and a severe winter hurt supply.

  • May 8- Data analytics company Teradata Corp warned that second-quarter revenue would fall and said it expected its full-year revenue and adjusted profit would come in at the lower end of its forecast.

  • May 8- Dean Foods Co, the largest U.S. dairy processor, lowered its full-year adjusted profit forecast after posting weaker-than-expected first-quarter results as milk costs rose and a severe winter in the country hurt supplies.

  • LONDON, May 8- British utility Centrica warned on Thursday its full-year earnings would be lower than expected and said it was putting its loss-making gas-fired power plants on the block.

  • May 6- Whole Foods Market Inc on Tuesday cut its 2014 same-store sales and earnings forecast for the third time amid rising competition in the natural and organic grocery sector that it dominates, and shares tumbled almost 15 percent.

  • May 6- Whole Foods Market Inc on Tuesday cut its 2014 same-store sales and earnings forecast for the third time amid rising competition in the natural and organic grocery sector that it dominates and shares tumbled more than 12 percent.

  • OECD cuts China 2014 growth forecast to 7.4 pct Tuesday, 6 May 2014 | 5:00 AM ET

    BEIJING, May 6- China's economic growth is likely to slow to 7.4 percent in 2014 from 7.7 percent last year due to the government's drive to curb credit risk and excessive factory capacity, the OECD said on Tuesday.

  • TOKYO, May 2- Japanese shares stepped back on Friday, with Sony Corp. falling after a profit warning and as investors took a wait-and-see stance ahead of a closely-watched U.S. employment report later in the day.

  • *Sony falls after dismal earnings. TOKYO, May 2- Japanese shares stepped back on Friday, with Sony Corp. falling after a profit warning and as investors took a cautious stance ahead of a closely-watched U.S. employment report later in the day.

  • May 1- SciQuest Inc, whose cloud-based software helps manage supply chains, cut its full-year profit and sales forecast as its enterprise customers delayed signing up for its services. The company, which counts Allergan, SABMiller among its customers, now expects 2014 adjusted earnings of 27- 30 cents a share on revenue of $101.6- $104.6 million.

  • Can Sony reprogram for recovery?     Thursday, 1 May 2014 | 4:50 AM ET

    Manoj Menon, partner and managing director at Frost & Sullivan, comments on the news that Sony has slashed its profit outlook by over two thirds and says the good news is that the group is getting out of the PC business.

  • *IMF cuts Russia 2014 growth forecast to 0.2 percent. MOSCOW, April 30- The International Monetary Fund has cut its 2014 growth forecast for Russia and expects capital outflow of $100 billion this year, the Fund's mission chief to Moscow said on Wednesday.

  • April 29- Pharmacy benefit manager Express Scripts Holding Co on Tuesday posted a lower-than-expected first-quarter profit and decreased its earnings forecast for full-year 2014, saying adjusted prescription volume would be less than it had anticipated. Express Scripts shares fell 6 percent in extended trading.

  • SEOUL, April 24- South Korean steelmaker POSCO on Thursday cut forecast for sales and investment for this year after its first quarter profit missed estimates as China's slowing economy curbed demand for steel. POSCO cut its sales forecast for this year by around 2 percent to 30.3 trillion won from the previous 31 trillion won, it said in an earnings statement.