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(Reuters) - General Electric Co will radically shrink to focus on aviation, power and healthcare, betting on sectors it thinks it can make profits in, as the most famous U.S. conglomerate tries to revive its share price after a decade and a half of...
BERLIN (Reuters) - Volkswagen has raised its mid-term revenue outlook on demand for new sport-utility vehicles in emerging markets and upgraded a pretax profit goal even as it pushes investments in electric cars and new technologies.
NEX Group PLC (NXG.LN) said Monday that profit declined in the first half and that it had cut its interim dividend. For the six months ended Sept. 30 of fiscal 2018, the electronic financial trading company made a profit of 48 million pounds ($63.6...
To deliver a more compelling yield, the industrial giant’s share price would need to fall roughly 10% to $16.
With the dividend halved and the stock depressed, an options play offers some help.
A strong market for industrial assets gives GE a chance to win investors back after the company’s dividend cut.
Best Buy sees 3Q profit rise, but results and outlook disappoint Wall Street
Best Buy Co. on Thursday reported a boost in fiscal third-quarter profit and sales, but its results and outlook fell short of Wall Street expectations.
Shares of Wal-Mart Stores Inc. surged 3.3% toward a record high in premarket trade Thursday, after the discount retailer reported fiscal third-quarter profit and sales that beat expectations, and raised its full-year outlook. Net income for the...
HONG KONG (Reuters) - Chinese internet giant Tencent Holdings Ltd said it will invest more in its digital content businesses spanning publishing to film-making after its third quarter net profit surpassed expectations on Wednesday.
(Reuters) - Target Corp's profit forecast for the key holiday quarter fell short of analyst expectations, sending its shares down nearly 10 percent, as the retailer continues to cut prices and invest in its delivery options to attract more customers....
Nov 15 (Reuters) - Target Corp's profit forecast for the key holiday quarter fell short of analyst expectations, sending its shares down nearly 10 percent, as the retailer continues to cut prices and invest in its delivery options to attract more...
Target posted higher quarterly sales but profits fell and the retailer gave a disappointing earnings outlook for the holiday period, as the big-box chain spends heavily to revamp stores, lower prices and raise wages.
Target Corp. reported Wednesday fiscal third-quarter profit and sales that beat expectations, but the stock tumbled 2.7% after the discount retailer provided a less-than-rosy profit outlook for the current quarter and said it expected a "highly...
*Guides toward bottom of 270- 300 mln stg year guidance. LONDON, Nov 15- TalkTalk spooked investors with a profit warning and slashed dividend on Wednesday, saying it had added 26,000 customers to its fixed price broadband plans in the second quarter...
One of the highest-yielding dividend stocks in the Dow Jones Industrial Average continued its fall from grace this week when General Electric Company (NYSE: GE) cut its dividend in half and issued disappointing guidance numbers for 2018. read more