Earnings Profit Warnings

  • Potash will cut its quarterly dividend to 10 cents per share from 25 cents. Its shares were down 7 percent in New York and Toronto, and the U.S.-listed stock touched a low of $15.84. Potash Corp "could sit at the bottom here for another year," said Bryden Teich, portfolio manager at Avenue Investment Management, which sold its Potash position in June.

  • July 28- Harley-Davidson Inc on Thursday said a decrease in total sales and soft domestic demand lowered second-quarter profit and has led the company to trim its forecast for motorcycle shipments in 2016.. While our share gains helped to blunt the full impact of this weak market, lackluster industry sales have had a significant impact on our results and our...

  • Potash plans to cut its quarterly dividend to 10 cents per share from 25 cents. Its shares fell 4.7 percent in New York and Toronto, and the U.S.-listed stock touched a two-week low of $16.32, down 40 percent in the past 12 months. Potash Corp "could sit at the bottom here for another year," said Bryden Teich, portfolio manager at Avenue Investment Management, which sold...

  • July 28- U.S. grains trader Bunge Ltd reported a rise in quarterly profit on Thursday and maintained a forecast for higher full-year earnings, but warned of weakening margins in Brazil and Argentina due to smaller crops and lower prices. "However, in the near term, slow farmer selling in Brazil and Argentina, due to smaller than expected crops and lower prices, are...

  • LONDON, July 28- British travel company Thomas Cook lowered its full-year profit forecast on Thursday as attacks in Europe and the failed coup in the popular destination of Turkey made people change their holiday plans. Europe's travel industry has been hit in recent months as holiday groups and airlines struggled to respond to attacks in France, Belgium and...

  • *Brexit, "other recent events" could hurt demand in Europe. July 27- Hilton Worldwide Holdings Inc, owner of the Waldorf Astoria and Conrad hotel brands, cut its full-year forecast for a key revenue metric for the second time, blaming slowing business travel and uncertainty in regions outside the United States. Britain's vote to leave the European Union and "other...

  • Net income attributable to shareholders rose to $239 million, or 24 cents per share, in the quarter ended June 30 from $161 million, or 16 cents per share, a year earlier. Excluding items, the company earned 25 cents per share, 1 cent below the average analyst estimate, according to Thomson Reuters I/B/E/S. Revenue rose 4.4 percent to $3.05 billion, missing analysts'...

  • Hilton, the world's largest hotel operator by market value, gets more than three quarters of its revenue from the United States. Net income attributable to shareholders rose to $239 million, or 24 cents per share, in the quarter ended June 30 from $161 million, or 16 cents per share, a year earlier. Analysts on average had expected earnings of 26 cents per share on...

  • LONDON, July 27- ITV said it expected its key net advertising revenue to slip around 1 percent in the first nine months of the year, ahead of analyst expectations, as the British broadcaster coped better than other media with the volatility hitting ad markets. Newspapers in Britain have warned of a slump in advertising in recent months, as companies held off from...

  • Texas- based Anadarko raised the mid-point of its full-year sales volume forecast by 2 million barrels of oil equivalent on increased sales from Gulf of Mexico, Delaware and DJ basins. Net loss attributable to Anadarko was $692 million, or $1.36 per share, in the second quarter, compared with a profit of $61 million, or 12 cents per share, a year earlier.

  • The company's $1.09 in earnings per share, excluding restructuring costs, was better than analysts' expectations of 96 cents, but below a revised $1.40 a year ago. The world's largest construction and mining equipment maker lowered its full-year 2016 sales outlook to a range of $40 billion to $40.5 billion, from $40 billion to $42 billion. Caterpillar expects...

  • The company, the world's largest construction and mining equipment maker, lowered its full-year 2016 sales outlook to a range of $40 billion to $40.5 billion, from $40 billion to $42 billion. Caterpillar expects earnings of $2.75 per share, or $3.55 excluding restructuring costs, from $3.00, or $3.70 excluding restructuring costs. Caterpillar reported...

  • Product sales fell to $7.65 billion from $8.13 billion in the year-ago quarter, Gilead said in a statement. Wall Street analysts, on average, had forecast hepatitis C sales of $4.09 billion, according to a poll by ISI Evercore. Gilead lowered its 2016 product sales outlook to between $29.5 billion and $30.5 billion, from a previous range of $30 billion to $31...

  • Quarterly net profit fell to $3.5 billion from $4.5 billion a year earlier. Adjusting for one-time items, Gilead earned $3.08 per share, which beat analysts' average estimate of $3.02, according to Thomson Reuters I/B/E/S. The company on Monday lowered its outlook for 2016 product sales to between $29.5 billion and $30.5 billion, from a previous range of $30...

  • *Cuts 2016 sales view to $40- $40.6 bln from $40.3- $40.9 bln. *To "stay conservative" with Europe investments post Brexit. The company also said Britain's vote to leave the United Kingdom could weigh on economic growth in both regions long term and that it would "stay conservative" in terms of investments in the region that accounted for 22 percent of its 2015 sales.

  • The company's shares dropped more than 2.4 percent to $115.80 in premarket trading on Friday. Honeywell lowered it 2016 sales forecast to $40.0- $40.6 billion from $40.3- $40.9 billion, slightly short of analysts average estimate of $40.64 billion, according to Thomson Reuters I/B/E/S. The company's revenue rose 2.2 percent to nearly $10 billion in the second...

  • PARIS, July 21- Dassault Aviation cut its delivery forecast for Falcon business jets by 17 percent after posting lower first-half operating income and revenue on Thursday, hit by a price battle in the economically sensitive business jet market. Chief Executive Eric Trappier said the first half had been marked by economic and geopolitical uncertainty,...

  • PARIS, July 21- Dassault Aviation cut its delivery forecast for Falcon business jets by 17 percent after posting lower first-half operating income and revenue on Thursday, hit by a price battle in the economically sensitive business jet market. Chief Executive Eric Trappier said the first half had been marked by economic and geopolitical uncertainty,...

  • PARIS, July 21- Dassault Aviation on Thursday posted lower first-half operating income and revenue, hurt by a battle over prices in the weak business jet market, and reduced its forecast for Falcon business jet deliveries to 50 aircraft from 60 for 2016.. The family-controlled aerospace firm, which also builds Rafale warplanes, said it had concluded...

  • PARIS, July 21- Dassault Aviation on Thursday posted lower first-half operating income and revenues, driven in part by pricing pressure on its business jet division, and reduced its forecast for Falcon business jet deliveries to 50 aircraft from 60 for 2016.. The family-controlled aerospace firm, which also builds Rafale warplanes, said it had concluded...