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Kinder Morgan Cuts 2020 Core Profit Outlook, Spending

2020-04-23 15:05:00| OGI

Kinder Morgan also took a non-cash impairment charge of $950 million in the first quarter related to certain oil and gas producing assets in its CO unit.

Tags: core kinder profit morgan

 

Telia cuts FY outlook as virus hits TV & Media, reduces dividend proposal

2020-03-26 13:43:00| Telecompaper Headlines

(Telecompaper) Telia Company said the effects of the Covid-19 pandemic will cause it to miss its 2020 forecast for group EBITDA and operational free cash flow, and that it will reduce its dividend proposal to the AGM. This is because of the impact on Telia's television and media operations, while the effects on the rest of its business are currently limited. There could be an EGM in the autumn to vote on an extra dividend, the company added.

Tags: media hits virus proposal

 
 

Nokia cuts outlook on tough competition in 5G market

2019-10-24 08:46:00| Telecompaper Headlines

(Telecompaper) Nokia has cut its outlook for this year and next, citing tough competition in the early days of the 5G market. The company said it will suspend dividends in Q3 and Q4 in order to invest more in improving its portfolio and strengthening its cash position. 

Tags: market competition nokia outlook

 

Hugo Boss cuts FY outlook as US challenges continue

2019-10-14 16:43:00| Daily apparel & textile news and comment - from just-style.com

German fashion brand Hugo Boss has slashed its full-year outlook, blaming a lack of local demand in North America and political unrest in Hong Kong for preliminary third-quarter results that were below the group's expectations.

Tags: continue challenges outlook boss

 

Bank of England cuts UK growth outlook as rates held

2019-06-20 14:33:09| BBC News | Business | UK Edition

The Bank of England says it does not expect the economy to grow in the second quarter of the year.

Tags: held rates bank growth

 

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