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Tag: profit cuts
Honda cuts profit forecast on recall
2015-01-30 09:14:04| BBC News | Business | UK Edition
Japanese carmaker Honda cuts its profit forecast and sees third quarter earnings drop sharply following a vehicle recall linked to airbags.
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Deckers misses profit forecast, cuts outlook
2015-01-30 00:25:28| Footwear - Topix.net
Deckers Outdoor Corp., the maker of UGG boots, has lowered its earnings guidance for the March quarter, mostly due to currency exchange rates. Deckers expects results to be break-even on a per-share basis, compared with prior guidance of a 15-cent profit.
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Nippon Steel & Sumitomo Metal cuts profit outlook
2015-01-29 08:28:31| Steel - Topix.net
Nippon Steel & Sumitomo Metal Corp. said Thursday that it cut its net profit forecast for this fiscal year, citing a Y68.6 billion extraordinary loss at an affiliate in Brazil. The Japanese steelmaker lowered its net profit view for the year ending March 31 by Y70 billion to Y180 billion.
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DuPont profit rises, but strong dollar cuts into sales
2015-01-27 14:23:59| Chemicals - Topix.net
Changes to DuPont's portfolio and improved productivity boosted fourth-quarter earnings and helped to offset the negative impact of a stronger dollar.
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Whirlpool cuts profit view for 2014
2014-12-16 03:59:40| Appliances - Topix.net
Whirlpool Corp. cut its financial forecast for the year and offered a weak forecast for 2015, citing integration costs related to recent acquisitions. The world's largest home-appliance manufacturer by sales said it now expects to close the year with a profit of $8 to $8.20 a share, down from $9.40 to $9.90 a share, largely due to the impact of new laundry products and costs associated to the integration of Italy's Indesit Co.
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