Results Forecasts / Warnings

Auto industry cautious as China starts 2020 with forecast of a 2% sales decline

Auto industry cautious as China starts 2020 with forecast of a 2% sales decline

Published 13/01/2020

BEIJING/SHANGHAI (Reuters) - Automakers in China need to get used to a new normal of “low speed growth” in the world’s largest car market, the [more…]

AstraZeneca to discontinue Epanova trial, expects $100 million writedown

AstraZeneca to discontinue Epanova trial, expects $100 million writedown

Published 13/01/2020

(Reuters) - AstraZeneca said on Monday it will discontinue a late-stage trial for heart disease drug Epanova to treat patients with mixed dyslipidaemia and expects [more…]

Ford’s China vehicle sales drop 26% in third straight year of decline

Ford’s China vehicle sales drop 26% in third straight year of decline

Published 13/01/2020

SHANGHAI (Reuters) - Ford Motor Co’s (F.N) China vehicle sales fell for a third consecutive year, by 26.1%, as it battles a prolonged overall sales [more…]

Credit Suisse surveillance probe to continue

Credit Suisse surveillance probe to continue

Published 23/12/2019

ZURICH (Reuters) - Credit Suisse (CSGN.S) and law firm Homburger will continue their investigation into employee observation at the bank, a spokesman said, after the [more…]

Credit Suisse blames former COO for covering up second spying case

Credit Suisse blames former COO for covering up second spying case

Published 23/12/2019

ZURICH (Reuters) - Credit Suisse (CSGN.S) on Monday cleared CEO Tidjane Thiam and other top executives from knowledge of a second spying incident, saying former [more…]

Electrolux sees extra U.S. costs hitting fourth quarter earnings

Electrolux sees extra U.S. costs hitting fourth quarter earnings

Published 16/12/2019

STOCKHOLM (Reuters) - Appliance maker Electrolux AB (ELUXb.ST) said on Sunday its North American business would take a higher than forecast $70 million earnings hit [more…]

H&M’s fourth-quarter sales growth takes hit from later Black Friday

H&M’s fourth-quarter sales growth takes hit from later Black Friday

Published 16/12/2019

STOCKHOLM (Reuters) - H&M (HMb.ST) reported a slightly smaller-than-expected rise in fourth-quarter sales reflecting a later Black Friday this year, the world’s second-biggest fashion retailer [more…]

Novartis drops asthma drug fevipiprant after trial failures

Novartis drops asthma drug fevipiprant after trial failures

Published 16/12/2019

ZURICH (Reuters) - Swiss drugmaker Novartis on Monday said it is jettisoning what it had hoped would be a billion-dollar-selling asthma drug, fevipiprant, from its [more…]

Delta predicts 2020 profit growth- CEO says more people turning to air travel

Delta predicts 2020 profit growth- CEO says more people turning to air travel

Published 12/12/2019

CHICAGO (Reuters) - Delta Air Lines Inc (DAL.N) sees another annual rise in profit and revenue in 2020 driven by what Chief Executive Ed Bastian [more…]

Dixons Carphone 1H profit plunges, maintains forecast as mobile turnaround on track

Dixons Carphone 1H profit plunges, maintains forecast as mobile turnaround on track

Published 12/12/2019

LONDON (Reuters) - British electricals retailer Dixons Carphone (DC.L) stuck to its forecast for annual profit and said a plan to cope with the challenging [more…]