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Latest in Cuts Profit Margin

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  • ABB Posts Higher Profit, Raises Margin Guidance

    The Swiss industrial-technology company’s profit and revenue rose as the electrification business offset weakness in robotics, discrete automation and e-mobility.
    Business - The Wall Street Journal - October 17

  • TotalEnergies Profit Falls as Downstream Margins Bite

    TotalEnergies reported a sharpy-lower net profit in the third quarter on weaker refining margins, production and prices, but said output should pick up going forward.
    Business - The Wall Street Journal - October 31

  • Amazon's cloud unit records highest profit margin in at least a decade

    Amazon Web Services delivered an operating margin of over 38%, the highest since at least 2014.
    Business - CNBC - October 31

  • Moderna’s stock pops after biotech ekes out a surprise profit, and revenue beats by a wide margin

    Moderna Inc.’s stock was higher but off its early highs Thursday, after the company’s third-quarter earnings showed an unexpected profit as well as revenue that beat estimates by a wide margin.
    Business - MarketWatch - 2 days ago
  • Ryanair profit drops as airline cuts passenger forecast

    Ryanair profit drops as airline cuts passenger forecast

    European low-cost carrier blames pressure on consumers for fall in fares
    Business - Financial Times - 5 days ago
  • Honda Motor Cuts Forecasts for Car Sales, Profit

    Honda Motor Cuts Forecasts for Car Sales, Profit

    The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.
    Business - The Wall Street Journal - 3 days ago

  • Eni Cuts Profit Outlook on Weak Prices, Lifts Buybacks

    Eni lowered its guidance for the year due to a decline in oil prices which also hit the Italian energy major’s third-quarter profits, but said it planned to increase its share buy backs.
    Business - The Wall Street Journal - October 25

  • Microsoft CFO says OpenAI investment will cut into profit this quarter

    Microsoft has invested over $13 billion in OpenAI, a bet that's weighing on the company's profitability.
    Business - CNBC - October 31
  • Nomura profits surge as chief takes pay cut over trading scandal

    Nomura profits surge as chief takes pay cut over trading scandal

    Japan’s biggest investment bank and brokerage beats expectations but is still dogged by controversy
    Business - Financial Times - November 1

  • ADM Discloses More Accounting Issues, Cuts Profit Outlook

    The agriculture company disclosed more accounting problems and will amend some past financial results while slashing its profit forecast for the year.
    Business - The Wall Street Journal - 4 days ago

  • Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console

    Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.
    Business - CNBC - 4 days ago

  • Nintendo cuts profit guidance on reduced Switch sales forecast

    Nintendo on Tuesday trimmed its sales and profit guidance for the March-ending fiscal year, citing reduced demand for the Nintendo Switch.
    Business - MarketWatch - 4 days ago
  • Toyota Motor Cuts Sales Forecast After Quarterly Profit Halves

    Toyota Motor Cuts Sales Forecast After Quarterly Profit Halves

    The Japanese auto giant cut its annual forecast for group vehicle sales after its second-quarter profit more than halved due partly to weaker sales globally.
    Business - The Wall Street Journal - 3 days ago

  • Nissan cuts 9,000 jobs and halves CEO’s pay as it sinks to a loss

    Carmaker to slash global production capacity by a fifth in emergency turnaround plan
    World - Financial Times - 2 days ago

  • Deutsche Bank shares shed 3% as lender's swing back to profit fails to impress

    The partial release of 440 million euros of litigation provisions in the third quarter helped boost profit, Deutsche Bank said.
    Business - CNBC - October 23
  • Mercedes-Benz and Porsche look for cost cuts after China slump hits profits

    Mercedes-Benz and Porsche look for cost cuts after China slump hits profits

    German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto market
    Business - Financial Times - October 25

  • Volkswagen CFO says 64% drop in profits shows ‘urgent need’ for cost cuts

    The German car maker reported a sharp 12% drop in its sales in China as it said it profits were hit by higher fixed costs and €2.2 billion worth of restructuring expenses
    Business - MarketWatch - October 30

  • Estée Lauder’s stock heads for record selloff after profit warning, dividend cut

    Consumer sentiment in China worsened, driving weak prestige beauty and Asia travel retail sales.
    Business - MarketWatch - October 31

  • Moderna posts surprise profit as Covid vaccine sales impress, cost cuts take hold

    Moderna said its newest Covid vaccine saw benefits after winning approval in the U.S. three weeks earlier than the last iteration of the shot did in 2023.
    Business - CNBC - 2 days ago

  • TotalEnergies forecasts 66% drop in its third-quarter oil-refining margins

    The French oil company’s warnings comes on the back of a slump in the global market for products including jet fuel, diesel and gasoline that saw BP and Shell post similar warnings last week.
    Business - MarketWatch - October 15
  • Burst of trades inflates Trump’s margin in election prediction markets

    Burst of trades inflates Trump’s margin in election prediction markets

    Small group of bettors lifts odds of Republican victory to 62 per cent on cryptocurrency-based Polymarket
    Business - Financial Times - October 18
  • Moldova says 'Yes' to pro-EU constitutional changes by tiny margin

    Moldova says 'Yes' to pro-EU constitutional changes by tiny margin

    Moldovans vote narrowly to push on with EU membership and reject keeping close ties to Russia.
    Top stories - BBC News - October 21
  • Moldova Referendum on Goal of E.U. Membership Passes by a Thin Margin

    Moldova Referendum on Goal of E.U. Membership Passes by a Thin Margin

    A referendum that constitutionally enshrines a national objective to join the E.U. passed by a thin margin. The incumbent pro-E.U. president won the most votes in a concurrent election, but faces a ...
    World - The New York Times - October 21

  • Southwest Airlines beats on revenue by a wide margin, names new board members

    Southwest reported a relatively big revenue beat and reached an agreement with activist investor Elliott to add new board members.
    Business - MarketWatch - October 24

  • Lilly’s Mounjaro, Zepbound drugs see strong demand. So why did sales disappoint?

    Eli Lilly’s stock heads for biggest selloff in more than three years after sales of anti-obesity drugs Mounjaro and Zepbound came up well short of forecasts.
    Business - MarketWatch - October 30

  • Follow live: Rodgers, Jets look to snap five-game losing streak, host Texans

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    Sports - ESPN - October 31

  • Wendy’s stock falls as same-restaurant sales miss again, by a wide margin

    Shares of Wendy’s Co. were knocked lower on Thursday after the fast-food burger chain missed same-restaurant sales expectations again, by the widest margin in more than four years.
    Business - MarketWatch - October 31
  • With razor thin margins in the election, will Americans still refuse to vote?

    With razor thin margins in the election, will Americans still refuse to vote?

    The 2024 presidential election is expected to be close, with a recent report describing the margins as "razor thin" in key swing states, and four underutilized techniques are proposed to increase ...
    Politics - The Hill - November 1

  • Gilead’s third-quarter earnings beat by a wide margin, and biotech raises guidance

    Gilead Sciences Inc.’s stock rose 2.7% in after-hours trading Wednesday, after the biotech blew past third-quarter earnings estimates and raised its guidance, boosted by demand for its HIV and ...
    Business - MarketWatch - 2 days ago

  • Rodri vs Vini Jr: Margin of Ballon d'Or win revealed

    France Football, the magazine that organises the Ballon d'Or award, have revealed the margin by which Manchester City midfielder Rodri controversially beat Real Madrid's Vinícius Júnior to the ...
    Sports - ESPN - 1 hour ago
  • McLaren’s ‘tea tray’ complaints show F1 row is brewing in title fight

    McLaren’s ‘tea tray’ complaints show F1 row is brewing in title fight

    Tensions are rising over technical regulations in the build-up to the US Grand Prix with rivals desperate to gain an edge. Fans can be forgiven for switching off when Formula One descends into one ...
    World - The Guardian - October 19

  • Robinhood rolls out high-risk margin trading in the UK after getting regulator nod

    Robinhood said Monday that it's rolling out margin investing — or the ability for investors to borrow cash to augment their trades — in the U.K.
    Business - CNBC - October 21
  • The Monday Read: In a game of margins, Ohio State's spacing (or lack thereof) proved difference vs. Penn State

    The Monday Read: In a game of margins, Ohio State's spacing (or lack thereof) proved difference vs. Penn State

    How the Buckeyes reached paydirt was a key subplot in Saturday's Big Ten tilt
    Sports - CBS Sports - 5 days ago
  • Titans cutting Jamal Adams

    Titans cutting Jamal Adams

    Jamal Adams' brief tenure in Tennessee is coming to an end.
    Sports - Yahoo Sports - October 17

  • Iberdrola Profit Lifted by Record Investments

    Spain’s energy giant Iberdrola posted a 50% rise in net profit for the first nine months of the year helped by record-high investments in its U.S. and U.K. networks.
    Business - The Wall Street Journal - October 23
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