July 24- Dunkin' Brands Group Inc cut its 2014 outlook on Thursday as its U.S. doughnut shops battled fast-food rivals like McDonald's Corp and high milk prices softened profits from its international Baskin-Robbins ice cream business. The company also cited weakness in its Baskin-Robbins joint venture in Japan for the reduction in its 2014 forecast.» Read More
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.
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.
LIMA, April 23- Peru's finance minister said on Wednesday the government was cutting its view of economic growth for full year 2014 to 5.7 percent from its earlier estimate of 6 percent.
April 23- EMC Corp, the world's largest maker of data storage equipment, cut its full-year earnings forecast, citing acquisition-related costs in its VMware Inc unit. EMC's shares fell nearly 5 percent at open on the New York Stock Exchange on Wednesday.
April 22- U.S. coal miner Arch Coal Inc said it expects to ship fewer tons of steel-making metallurgical coal this year as prices and demand remain weak, but signaled recovering demand for thermal coal, used in power generation. Shares of Arch Coal, which also reported a bigger-than-expected loss for the first quarter, were down 4 percent at $4.76 in early trading.
April 22- Xerox Corp cut its full-year earnings forecast as growth stalled in its services business and margins contracted due to higher investment on U.S. health insurance exchange platforms, sending its shares down about 5 percent in premarket trading.
*Sees H1 sales of 3 bln euros including EUV sales. AMSTERDAM, April 16- ASML, the world's biggest manufacturer of tools for semiconductor chip makers, trimmed its first-half sales forecast on Wednesday, blaming slower second-quarter sales to some customers. ASML had previously forecast sales of 3 billion euros excluding the EUV systems.
AMSTERDAM, April 16- ASML, the world's biggest manufacturer of tools for semiconductor chip makers, cut its first-half sales forecast on Wednesday, blaming slower second-quarter sales to some customers.
*Lowers non- OPEC supply view in 2014 by 250,000 bpd. LONDON, April 11- World oil demand will rise less than previously thought in 2014, the International Energy Agency said on Friday, due to a lower outlook for Russia's economic growth following its annexation of Crimea.
*Net capital ouflow seen at $100 billion in 2014. MOSCOW, April 8- Russia's Economy Ministry more than halved its official economic growth forecast for 2014 on Tuesday, underscoring the negative impact of international tensions over Ukraine on Russia's already struggling economy.
*Italy's FTSE MIB among worst performing stock indexes. *AB Foods drops as Suedzucker warns on sugar outlook. Traders cited a read-across to the food and textile retailer's sugar business from a profit warning by German mid-cap sugar producer Suedzucker.
*Italy's FTSE MIB among worst performing stock indexes. *AB Foods drops as Suedzucker warns on sugar outlook. Among individual stocks, Associated British Foods fell 4 percent, with traders citing a read-across to the food and textile retailer's sugar business from a profit warning by German mid-cap sugar producer Suedzucker.
ISTANBUL, April 4- Ratings agency Fitch cut its growth forecasts for Turkey on Friday, citing slower domestic lending growth and signs that consumer and investor confidence are moderating. Turkey targets medium-term economic growth of 5 percent, which the central bank has said it expects to achieve by mid-2015 after shortfalls in 2012 and 2013..
April 3- Canadian department store operator Hudson's Bay Co, which bought U.S. luxury chain Saks Inc last year, forecast weaker-than-expected 2014 earnings as it spends more to build up its online shopping sites.
March 27- Accenture Plc warned that weakness in its consulting business that hurt second-quarter results would carry on though the year, sending its shares down as much as 8 percent. Accenture raised its full-year profit forecast and the lower end of its revenue forecast.
LONDON, March 27- European stock indexes dipped lower on Thursday after a profit warning at fashion retailer Hennes& Mauritz knocked its shares down almost 4 percent. The euro zone's blue-chip Euro STOXX 50 index also declined by 0.4 percent to 3,119.22 points.
*Cuts 2014 adj profit forecast to $1.00- $1.10/ share. March 25- Slot-machine maker International Game Technology said it would cut 7 percent of its workforce and lowered its adjusted earnings forecast for the year, citing a steeper-than-expected fall in gaming revenue in North America.