Profits Warnings

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Fonterra's profit warning increases importance of asset sale

Scoop 24 May 2019

May 24 (BusinessDesk) - Fonterra Co-operative Group's profit downgrade doesn't impact its rating but increases the importance of its asset sales, Fitch Ratings says ... ....

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Butler Man Learns Selling Alcohol Without License Is Illegal, Even If It’s Pappy Van Winkle

CBS Sports 24 May 2019

But once you have your bottle, warn state police, remember this.. “You should not be purchasing alcohol to make a profit from it,” Sgt ... “These people will buy and turn around because it’s so popular and expensive, they’ll try to turn a profit on it which is illegal if they don’t have a license to sell alcohol,” he explained....

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Reject Shop CEO out after profit warning

The Daily Telegraph Australia 23 May 2019

The Reject Shop's chief executive has quit after the troubled retailer announced store closures and slashed its full-year guidance to predict a loss of up to $2 million .......

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PROFIT WARNING

Public Technologies 23 May 2019

The text version of this document in not available ... Attachments Permalink. Disclaimer....

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Embattled travel firm Thomas Cook downgraded by Fitch, S&P

This is Money 23 May 2019

LONDON, May 23 (Reuters) - Credit rating agencies Fitch and S&P have downgraded Thomas Cook after the travel firm's latest profit warning, saying the indebted company could struggle this summer in the face of weak demand ... The profit warning led Citi to cut its price target for the stock to zero....

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Pub groups Young's and Mitchells & Butlers see healthy climbs in profit as cocktail and gin sales rocket

This is Money 23 May 2019

London-based Young's saw its annual profit rise 5.1 per cent to £39.5million, but warned it will be difficult to beat last year's performance, which was bolstered by the World ......

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Pub group Young's sees healthy climb in profit as cocktail and gin sales rocket while rival Mitchells & Butlers is also on the up

This is Money 23 May 2019

London-based Young's saw its annual profit rise 5.1 per cent to £39.5million, but warned it will be difficult to beat last year's performance, which was bolstered by the World ......

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Private equity firm Triton bids for Thomas Cook's Nordic operations

This is Money 23 May 2019

The world's oldest travel firm is already considering a sale of its airline unit to raise cash after a string of profit warnings since last summer stoked investor concern about its ability to pay its debts....

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Best Buy warns of higher prices for shoppers due to tariffs

ABC News 23 May 2019

Best Buy 1Q profit beats Street, but outgoing CEO warns of higher prices for shoppers due to tariffs ... ....

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FTSE LIVE: Pound slipping towards $1.25 as Theresa May runs out of road and Britain votes; Retailer B&M enjoys profit boost; Pub group Young's warns over 'tough start' to year

This is Money 23 May 2019

Elsewhere in the world of business, retailer B&M has seen its annual profit rise over 8 per cent to £249.4million. Meanwhile, Pub group Young’s hailed robust profit and revenue growth in its latest financial year today, but warned investors of a 'tough start' to 2019....

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Britons choose staycations in new headache for tour operators: study

Yahoo Daily News 23 May 2019

Thomas Cook issued its third profit warning in less than a year last week, saying weak demand had led to increased promotional activity and earlier discounting than usual ... Thomas Cook and airlines such as easyJet have said that uncertainty around Britain's decision to leave the European Union has contributed to a tougher environment ... ....

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Elon Musk's leaked email shows Tesla to make deliveries in Q2

Irish Independent 23 May 2019

... to fund its operations while it tries to turn a profit ... Tesla had reported a 31% fall in first-quarter deliveries and had warned that profit would be delayed until the latter half of the year as it struggled with shipments of Model 3 to China and Europe due to longer transit time....

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After Earnings Miss, Baidu Stock Can Get Even Cheaper

Yahoo Daily News 23 May 2019

BIDU had warned that its profits would drop in the first half of the year, partly due to higher spending on its search business ... And its increased spending is causing its profits to not only decline, but to decline sharply ... single-digit multiple to the profits of its core business....