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PPG Posts 1Q 2020 Financial Results

2020-04-27 22:39:34| Coatings World Breaking News

Net sales of about $3.4 billion, down approximately 7% versus the prior year.

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AT&T posts drop in underlying earnings as TV market ht by Covid-19 restrictions

2020-04-22 13:48:00| Telecompaper Headlines

(Telecompaper) AT&T reported first-quarter revenues down 4.6 percent to USD 42.8 billion, as its WarnerMedia division suffered from the Covid-19 outbreak's impact on the film and TV industry and the operator continued to lose pay-TV subscribers. Ongoing cost-reduction efforts helped limit the impact on profits, and AT&T said it was on track with its strategic investments, while conserving cash for the upcoming economic slowdown. Given the economic uncertainty, the group withdrew its guidance for the year. 

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P&G Posts 5% Sales Growth in Third Fiscal Quarter

2020-04-17 16:47:00| Nonwovens Industry Breaking News

Baby, Feminine and Family Care segment organic sales increased 7%

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Diageo drops 2020 guidance as China posts "very slow return"

2020-04-09 16:23:00| Daily beverage news and comment - from just-drinks.com

Diageo has joined the ranks of drinks companies that have abandoned their full-year guidance, with the coronavirus pandemic already having a "significant impact" on its performance.

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Asos posts "record" H1 profits but virus impact starting to weigh on sales

2020-04-08 12:47:00| Daily apparel & textile news and comment - from just-style.com

Asos has posted record first-half revenues and profits, but the impact of coronavirus on the most recent three weeks of trading has prompted the UK online fashion retailer to conduct a share sale to shore up its finances, from which it has raised GBP247m (US$306m).

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