Profits Warnings

Latest News for: Profits warnings

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Brick-maker issues profit warning on back of ‘economic uncertainty’

The Business Desk 22 Oct 2019

Coalville brick-maker Forterra has issed a profit warning, blaming "further uncertainty in macroeconomic conditions"....

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Software firm issues profits warning due to contract delays

The Business Desk 22 Oct 2019

Salford-based software specialist K3 Business Technology Group warned its results will be "significantly below current market expectations" today, in a trading ......

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UBS warns 'low and negative interest rates' hitting business

Yahoo Daily News 22 Oct 2019

UBS (UBSG.SW) reported a fall in income and pre-tax profit on Tuesday, as it warned that the global economy remains “challenging.”. The Swiss bank reported pre-tax profit of $1.3bn for the third quarter, down 21% on the same quarter last year but above analysts expectations ... Profit declined in all businesses except asset management....

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UBS profit drops, warns trade tensions weighing on investors

Market Watch 22 Oct 2019

UBS Group AG said Tuesday that its third-quarter net profit declined, hit by the performance of its investment bank, and warned that trade conflicts and geopolitical tensions continue to weigh on investor confidence....

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PROFIT WARNING (in PDF)

Public Technologies 22 Oct 2019

PROFIT WARNING ... loss of approximately HK$17 million for the nine months ended 30 September 2019 as compared to the net profit recorded for the corresponding period in 2018. The Board considers that the aforesaid turnaround from profit to loss position was primarily attributable to....

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Travis Perkins halts plumbing and heating sale amid ‘unprecedented’ uncertainty

Belfast Telegraph 22 Oct 2019

Travis Perkins blamed “unprecedented” uncertainty as it put the brakes on the sale of its plumbing and heating business ... However, Mr Roberts warned that Travis Perkins’ outlook for the near term remains “cautious” ... The news comes after profit warnings from rivals such as SIG and Grafton, said Priyal Woolf, an analyst at Jefferies. PA. ....

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This bearish scenario in the S&P 500 is 'on the table,' says Jim Cramer

CNBC 22 Oct 2019

One trusted chart analyst thinks ......

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UBS third-quarter profit slumps; investment banking down 59% on 'persistent' negative rates

CNBC 22 Oct 2019

Swiss-lender UBS saw a 16% drop year-on-year in its third-quarter profit as the bank warned of a "challenging environment." ... ....

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Renault chairman can 'never say never' on Fiat but deal not on table

Canada Dot Com 22 Oct 2019

Renault, which earlier this month issued a profit warning and ousted CEO Thierry Bollore, abandoned a deal with Fiat in June....

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Forescout rebounds as activist investors raise stake

Globes 22 Oct 2019

The share price of cybersecurity company Forescout Technologies (Nasdaq ... Forescout tumbles on profit warning .......

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Reckitt Benckiser admits mistakes as it cuts sales targets

London Evening Standard 22 Oct 2019

The new boss of Reckitt Benckiser today wasted no time in "kitchen sinking" the consumer goods giant as he issued a profit warning ... ....

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Thomas Cook used its auditors to justify £5m bonus

BBC News 22 Oct 2019

"Since 2012 we paid £1.2bn of interest costs and refinancing costs ... In May 2019, Thomas Cook reported a £1.5bn loss for the first half of its financial year and issued the third in a series of profit warnings ... By then, EY warned there was "significant doubt" whether Thomas Cook could continue as a going concern.'Claw back bonuses' ... Related Topics. ....

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On The Beach eyes growth opportunity after Thomas Cook collapse

AOL 22 Oct 2019

Package holiday business On The Beach said it is set to cash in on the collapse of rival Thomas Cook, nudging shares higher ... In August, the travel firm issued a profit warning after it was hit by the plummeting value of the pound amid the risk of a no-deal Brexit ... The Thomas Cook Group went into liquidation (Tim Goode/PA) ... ....