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VF Corp cuts guidance as Q2 profit plunges 70%

2016-07-22 16:55:00| Daily apparel & textile news and comment - from just-style.com

US apparel giant VF Corporation, owner of the North Face, Lee and Timberland brands, has lowered its revenue guidance for the year amid a "challenging environment" in the second quarter.

Tags: profit corp guidance cuts

 

Millicom cuts full-year outlook on weak revenue growth

2016-07-21 02:00:00| Total Telecom industry news

LatAm, African telco's CEO says he is navigating through sluggish macro-economic conditions.

Tags: growth revenue weak outlook

 
 

Lufthansa cuts profit forecast

2016-07-21 01:45:36| BBC News | Business | UK Edition

Lufthansa cuts its full-year profit target following a sharp decline in long-haul bookings to Europe.

Tags: profit cuts forecast lufthansa

 

Eurotunnel cuts profit forecast due to weak pound

2016-07-20 09:25:11| BBC News | Business | UK Edition

The fall in the pound after the UK referendum on EU membership forces Eurotunnel to lower its 2016 profit forecast by 4.5%.

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Diageo starts formal talks over UK pension cuts

2016-07-19 14:06:35| Daily beverage news and comment - from just-drinks.com

Diageo has started formal consultations with staff over pension plan changes that will affect one-third of its UK workforce.

Tags: starts formal talks cuts

 

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