Japan's Toshiba cuts profit outlook again
Struggling Japanese engineering firm Toshiba lowered its profit forecasts Wednesday with rising costs weighing on its energy operations.
Business
Feb 13, 2019
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News tagged with profit
Nissan cuts forecast in first earnings since Ghosn arrest
Crisis-hit Japanese automaker Nissan slashed its full-year forecast Tuesday as nine-month net profit dropped 45 percent in the first earnings report since the stunning arrest of former chairman Carlos Ghosn.
Business
Feb 12, 2019
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Thyssenkrupp presses on with split as profits rise
German industrial conglomerate Thyssenkrupp on Tuesday confirmed its earnings forecasts for the full year after increasing profits in its first quarter, while announcing a January 2020 vote on its split into two separate ...
Business
Feb 12, 2019
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5
Investment in LEGO can yield returns of up to 600 percent
Economists of the Higher School of Economics Victoria Dobrynskaya and Yulia Kishilova analysed secondary market prices of the world-famous LEGO toy construction sets released from 1987 to 2014.
Economics & Business
Feb 11, 2019
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Weak 2018 sees Daimler boss Zetsche leave on sour note
Daimler on Wednesday reported its worst year since 2015 as trade tensions and costly investments drove a slump in profits, months before chief executive Dieter Zetsche relinquishes the wheel at the Mercedes-Benz maker.
Automotive
Feb 6, 2019
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5
Toyota cuts full-year profit forecast, warns over Brexit
Japanese car giant Toyota slashed its full-year net profit forecast Wednesday after saying its nine-month figure had tumbled nearly 30 percent as it was hit by investment losses.
Automotive
Feb 6, 2019
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7
SoftBank Group nine-month net profit soars more than 50%
Japan's SoftBank Group said on Wednesday its net profit jumped more than 50 percent for the nine months to December thanks to strong returns from its high-tech investment fund.
Business
Feb 6, 2019
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4
Diesel fallout and trade headwinds sap Daimler in 2018
German car giant and Mercedes-Benz parent Daimler reported Wednesday that costly investments, fallout from the industry's diesel scandal and trade headwinds compressed its bottom line in 2018.
Automotive
Feb 6, 2019
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5
Nintendo 'prepping new Switch model' as sales slow
Nintendo is reportedly developing a smaller, cheaper version of its popular Switch games console, as sales of the device slow after initial runaway success.
Consumer & Gadgets
Feb 1, 2019
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9
Amazon profit jumps while shares slip (Update)
Amazon on Thursday reported its profit in the past quarter surged on strong holiday retail sales and its soaring cloud computing business.
Business
Jan 31, 2019
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