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Earnings Profit Warnings

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  • Aug 7- Chocolate maker Hershey Co reported flat quarterly sales for the first time in over five years as volumes fell in North America due to price hikes and demand was weak in China. Slowing economic growth in China has weakened spending on non-essential consumer items, including Hershey's Kisses chocolates, which are popular gift items.

  • Aug 7- Chocolate maker Hershey Co reported flat quarterly sales for the first time in more than five years as volumes fell in North America due to price hikes and demand was weak in China. Slowing economic growth in China has weakened spending on non-essential consumer items, including Hershey's Kisses chocolates, which are popular gift items.

  • LONDON, Aug 6- Britain's Aggreko said its profitability was likely to get worse before it gets better as the world's largest temporary power provider restructures to cope with weaker oil and gas markets and geopolitical uncertainty. Still reeling from a profit warning last month, Aggreko said on Thursday it now expects markets to remain difficult in 2016,...

  • LONDON, Aug 6- Aggreko, the world's largest power provider, said it expected trading in 2016 to remain difficult, with margins and returns set to be lower as it restructures under new management following a profit warning last month. Aggreko said it had reorganized the business into two units- Power Solutions and Rental Solutions- which took effect at the...

  • Aggreko sees challenging 2016, warns on lower returns Thursday, 6 Aug 2015 | 2:19 AM ET

    LONDON, Aug 6- Aggreko, the world's largest power provider, said it expected trading in 2016 to remain difficult, with margins and returns set to be lower due to a restructuring following a profit warning last month. The British firm, whose kit powers major events and covers electricity shortfalls, said it had implemented a new organisation structure focused on...

  • Aug 5- North American nitrogen fertilizer producers Agrium Inc and CF Industries reported higher second-quarter profits on Wednesday after markets closed. Agrium's quarterly profit beat expectations for the Canadian company, while earnings for Illinois- based CF matched the average estimate. Agrium lowered the top end of its 2015 profit forecast to a...

  • DETROIT, Aug 5- Tesla Motors Inc's quarterly net loss widened, and the electric car maker cut its sales forecast for the second time in a year, while spending heavily ahead of the launch of its crossover Model X and the opening of its Nevada battery factory. The company said it lost $184.2 million in the second quarter, compared with a loss of $61.9 million in the...

  • Aug 4- Walt Disney Co lowered profit guidance for its cable networks unit and reported quarterly revenue slightly below Wall Street forecasts, sending its shares down 6 percent on Tuesday. The media company now expects annual operating income growth at the unit in the mid-single digits for fiscal years 2013 to 2016, Chief Financial Officer Christine...

  • *BMW says change to outlook cannot be ruled out. FRANKFURT, Aug 4- BMW, the world's biggest luxury carmaker, warned on Tuesday that its financial forecasts for this year could be at risk from any further deterioration in the Chinese market, where its sales have begun to fall for the first time in a decade. Second-quarter sales of BMW, Mini and Rolls-Royce vehicles...

  • Aug 4- Medical equipment maker Halyard Health Inc reported a 6 percent fall in second-quarter revenue and cut its full-year profit forecast, hurt by lower sales volume in its surgical and infection prevention business and a stronger dollar. Halyard Health, which was spun off from Kimberly-Clark Corp in November, said it expects net sales growth to decline 1-3...

  • Aug 3- Chegg Inc, which rents out textbooks and provides other student services, cut its full-year revenue forecast as it focuses on completely shifting its business to offering only etextbooks and other digital services by the end of next year. Chegg's shares fell 6 percent in extended trading on Monday after the company also posted a wider second-quarter...

  • Aug 3- Tyson Foods Inc, the biggest U.S. meat processor, cut its profit forecast for the year ending September, citing export market disruptions in its beef business and high cattle costs. The Springdale, Arkansas- based company said on Monday it now expects full-year adjusted earnings of $3.10- $3.20 per share, down from its previous forecast of $3.30- $3.40.

  • Aug 3- Tyson Foods Inc, the biggest U.S. meat processor, warned it may not be able to achieve its profit forecast for the year ending September due to export disruptions in its beef business and high cattle costs. The company had previously forecast full-year profit of $3.30- $3.40 per share. Net income attributable to the company rose to $343 million, or 83 cents per...

  • LONDON, July 30- British group Rolls-Royce reported a 32 percent drop in half-year profits on Thursday but the result was slightly better than expected after the engine maker slashed its forecasts three times in the last nine months. That warning turned up the heat for new Chief Executive Warren East, coming days after he took up the role on July 2.

  • LONDON, July 29- Chilean miner Antofagasta cut is annual copper output forecast for the second time this year on Wednesday due to a delay in the start-up of its Antucoya project, as it posted a double-digit-percentage decline in half-year copper production. The London- listed miner, which has been hurt by a steep fall in prices, declining ore grades, unfavourable...

  • LONDON, July 29- Chilean miner Antofagasta cut is annual copper output forecast on Wednesday due to a delay in the start up of its Antucoya project, as it posted a double-digit percentage decline in its half-year copper production. The London- listed miner, which has been hurt by a steep fall in prices, declining ore grades, unfavourable weather and environmental...

  • Roller coaster crash set to cost owner $73M Monday, 27 Jul 2015 | 12:56 PM ET
    "The Smiler" rollercoaster, at Alton Towers Resort, U.K.

    A popular UK attractions operator has issued a profit warning ahead of its interim results, after a rollercoaster incident at one of its theme parks.

  • LONDON, July 27- Britain's Merlin Entertainments, the company behind the Alton Towers theme park, warned that annual profit would be about 9 percent lower than current forecasts due to the impact of a roller coaster crash in June. Merlin said on Monday that the temporary closure of Alton Towers, where the crash took place, and rides at other parks, would result in a 37...

  • LONDON, July 27- Merlin Entertainments, the British operator of Madame Tussauds waxworks and London Eye, warned that annual profit would be about 9 percent lower than current forecasts due to the impact of a roller coaster crash. Merlin said on Monday that the temporary closure of theme park Alton Towers, where the crash took place, and rides at other parks, would...

  • LONDON, July 24- British temporary power firm Aggreko said on Friday that its pretax profit for this year would be between 8 and 15 percent lower than market forecasts, due to a slowdown in oil and gas and less favorable contract terms. Aggreko said its North American business had been hit by a lower oil price and declining activity there meant less equipment was...