British online fashion retailer ASOS posted a 14 percent fall in annual profit after the strength of sterling hit sales growth.» Read More
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.
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.
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.
Gavin Oldham, executive chairman of Share Centre, discusses growth in U.K. companies and their prospects.
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.
Peter Hutton, energy analyst at RBC Capital Markets, comments on Shell's profit warning and says it is a "reminder" and not new information.
Upscale yogawear retailer Lululemon Athletica cut its forecast for the fourth-quarter due to weak sales in January.
A potential warning to stock investors of weaker-than-expected 4Q-2013 earnings is shaping up to be the most negative on record. USA Today reports.
Sumitomo Mitsui Financial Group said its first-half net profit increased 53% on the year to 5 billion dollars. Sachiko Kishida reports.
Andy Brown, analyst at Panmure Gordon, explains why he keeps his buy stance on Balfour Beatty, despite the company issuing a second profit warning in six months.