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Earnings Profit Warnings


  • UPDATE 1-Oshkosh cuts full-year profit forecast Tuesday, 16 Jun 2015 | 8:36 AM ET

    June 16- Oshkosh Corp, a specialty truckmaker, said bad weather hurt sales at its access equipment business for the current quarter and cut its full-year profit. The company cut its adjusted earnings per share forecast for the full year to $3.75- $4.00 from $4.00- $4.25. Up to Monday's close of $50.33 on the New York Stock Exchange, Oshkosh's stock had risen 3.4...

  • Oshkosh cuts full-year profit forecast Tuesday, 16 Jun 2015 | 7:50 AM ET

    June 16- Specialty truckmaker Oshkosh Corp cut its profit forecast for the full year, saying sales and profit were hurt by bad weather in the third quarter and delay in launching a product. The company said it expects third-quarter profit to be about the same as the adjusted profit for the same period a year earlier. Oshkosh cut its adjusted earnings per share...

  • PARIS, June 11- Zodiac Aerospace expanded a profit warning triggered by the cost of tackling aircraft seat manufacturing delays that have disrupted some jetliner production but insisted it would meet its goal of resolving the problems by the end of August. Paris- based Zodiac has been wrestling for months with missed deadlines for seat production, hampering...

  • SINGAPORE, June 11- Credit rating agency Standard& Poor's has cut its outlook on Singapore- listed commodities trader Noble Group Ltd to' negative' from' stable', saying it expects higher earnings volatility. The move marks the latest problem for the embattled commodity trader, which has seen its shares dive as much as 48 percent since mid-February after...

  • Brazil's auto industry cuts forecasts for grim 2015 Monday, 8 Jun 2015 | 11:10 AM ET

    SAO PAULO, June 8- Anfavea, the Brazilian automakers association, slashed its estimates for 2015 domestic vehicle output and sales on Monday, as rising interest rates and crumbling consumer confidence batter the local operations of global carmakers. Production is likely to drop 17.6 percent from last year and sales are likely to fall 20.6 percent, the group...

  • Growth is also being buoyed by ultra-supportive central bank policy in the big developed economies and in many places outside the United States by a stronger dollar, which makes the exports of other currency zones relatively cheaper. The Paris- based Organisation for Economic Co-operation and Development, a think tank funded by its membership of primarily...

  • Renault CEO: 2015 will match 2014 Thursday, 12 Feb 2015 | 11:20 AM ET
    Renault CEO: 2015 will match 2014

    Renault has reported a sharp rise in 2014, in terms of its profits. Carlos Ghosn, CEO of Renault, talks about 2015's predictions and its market in Russia and Brazil.

  • 'Robust' results from Neste Oil's Wednesday, 4 Feb 2015 | 4:10 AM ET
    'Robust' results from Neste Oil's

    Matti Lievonen, CEO of Neste Oil, says the company is pleased with its fourth-quarter results, which demonstrate its objective to stay strong and "robust."

  • Honda cuts profit guidance as recall costs bite Friday, 30 Jan 2015 | 12:31 PM ET
    A sign is shown over the O'Hare Honda car dealership in Des Plaines, Ill.

    Honda cut its annual profit forecast as it set aside more cash to cover an expanded recall of cars to replace potentially faulty air bags.

  • Nintendo says slack console sales to hit profit Wednesday, 28 Jan 2015 | 12:15 PM ET

    Nintendo issued a profit warning, even as it sells fewer consoles, the sharp weakening of the yen means overseas sales will inflate its net income.

  • United Tech cuts 2015 forecasts on currency worries Tuesday, 27 Jan 2015 | 12:24 PM ET
    United Technologies

    United Technologies cut its full-year outlook because of the negative impact of a stronger dollar as the U.S. conglomerate reported higher earnings.

  • Tiffany cuts full-year outlook as holiday sales dip Monday, 12 Jan 2015 | 11:59 AM ET
    A shopper walks past a Tiffany store in White Plains, New York.

    Tiffany cut its full-year profit outlook, hurt by a stronger U.S. dollar and some weakness in the Americas and Japan.

  • SanDisk cuts revenue forecast, shares fall Monday, 12 Jan 2015 | 11:01 AM ET
    SanDisk iXpand

    SanDisk said it expects revenue to be lower than it had forecast, citing weaker-than-expected sales of retail products and NAND storage chips.

  • Thailand's economic growth view goes under the knife Saturday, 27 Dec 2014 | 12:19 AM ET
    Thai baht banknotes

    Thailand's central bank said the country's economy will barely grow this year and cut its 2015 forecast, mainly on expectations exports will remain lackluster.

  • Yum Brands lowers forecast on slow China recovery Wednesday, 10 Dec 2014 | 8:13 AM ET
    Doritos Locos tacos and a fountain drink from Taco Bell

    Yum Brands lowered its profit forecast for 2014, hurt by slower-than-expected sales recovery in China, following a food safety scare in July.

  • No more shenanigans from Tesco? Tuesday, 9 Dec 2014 | 11:15 AM ET
    No more shenanigans from Tesco?

    Tesco has issued another profit warning, but CEO Dave Lewis says he is "quietly optimistic". Bruno Monteyne, an analyst at Bernstein, discusses.

  • Tesco issues another profit warning Monday, 8 Dec 2014 | 7:00 PM ET
    Tesco issues another profit warning

    Tesco's woeful year continued on Tuesday after the U.K. supermarket issued another profit warning saying that it did not expect full year profit to exceed £1.4 billion ($2.2 billion).

  • Express 3Q results mixed, cuts full-year forecast Thursday, 4 Dec 2014 | 12:51 PM ET

    Express results topped the average estimate of analysts surveyed by Zacks Investment Research by a penny per share.

  • Abercrombie cuts forecast on higher discounts Wednesday, 3 Dec 2014 | 10:00 AM ET
    Pedestrians are reflected in the window of an Abercrombie & Fitch store in San Francisco.

    Abercrombie & Fitch cut its full-year profit forecast as higher discounts and efforts to refresh its merchandise failed to attract young customers.

  • ASOS annual profit falls 14% on strong pound Tuesday, 21 Oct 2014 | 2:20 AM ET

    British online fashion retailer ASOS posted a 14 percent fall in annual profit after the strength of sterling hit sales growth.