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Harley-Davidson plans job cuts after earnings drop
2015-10-20 17:28:37| Automakers - Topix.net
Harley-Davidson Inc. plans to cut an unspecified number of jobs and ship fewer motorcycles than it had planned for the year after reporting third-quarter earnings and revenue results that fell short of Wall Street expectations.
Ryder System cuts 2015 earnings guidance
2015-10-13 01:04:52| IT Services - Topix.net
Ryder System Inc. reduced its 2015 earnings guidance, citing a temporary issue in its fleet-management segment and lower-than-expected U.S. sales of used power vehicles. The transportation and supply-chain management company now expects earnings excluding items of $6.17 to $6.29 a share, compared with July guidance of $6.45 to $6.55 a share.
Tags: system
guidance
cuts
earnings
Oroton cuts earnings forecast
2015-05-22 06:22:21| Apparel - Topix.net
Mid-tier luxury handbag and accessories maker Oroton Group has downgraded earnings expectations for the second time this year, as the group's strategy to get consumers to pay full price for its products cost more than anticipated, and slower sales at its Gap and Brooks Brothers ventures hurt profitability. After trading through the third quarter, including the key trading month of April which resulted in an unexpected reduced group earnings before interest and tax compared to prior comparable period of just over $2 million, Oroton now no longer expects earnings before interest and tax growth in the second half of fiscal 2015.
Tags: cuts
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Whirlpool cuts outlook after earnings fall short
2015-04-28 14:31:16| Appliances - Topix.net
Whirlpool Corp. reported a first-quarter profit that missed analysts' estimates and reduced its full-year outlook as adverse currency effects and weaker demand in Brazil cut into sales. The home appliance manufacturer said in February that it expected a higher profit this year as raw material costs fall and as the company begins to reap benefits from last year's acquisitions in Europe and Asia.
Myers cuts earnings following investigation into Brazil operations
2015-04-02 17:48:19| Industrial Machines - Topix.net
Myers Industries Inc. adjusted downward its earnings for the fourth quarter of 2014 after completing an investigation into accounting problems at its Brazilian operations. The Akron, Ohio-based Don't worry, it's painless.
Tags: operations
brazil
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cuts