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Company Results & Outlook

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PwC's 2017 profit slips as Brexit hits executive pay

LONDON Accountants PricewaterhouseCoopers LLP reported a one percent fall in UK profit for the year to June 30 while average executive profit fell by eight percent as Britain deals with the consequences of the Brexit vote.

Next rides out weaker pound, sees brighter outlook

LONDON British clothing retailer Next said it had managed to cushion the inflationary impact of a weak pound and nudged up its full-year sales and profit forecasts, sending its shares more than 10 percent higher on Thursday.

Budget 2017, 14 Sep 2017

Jet Airways first-quarter profit more than doubles

Jet Airways (India) Ltd, the country's second largest airline by market share, on Tuesday said its first-quarter net profit more than doubled.

Budget 2017, 12 Sep 2017

Citigroup sees 3Q markets revenue down 15 percent vs year-earlier

NEW YORK Citigroup Inc third-quarter total markets revenue is running about 15 percent less than a year earlier when volatility was boosted by reactions to the Brexit vote and U.S. elections, Chief Financial Officer John Gerspach said on Monday at an investor conference.

Budget 2017, 11 Sep 2017

Disney, Comcast shares fall on disappointing forecasts

Shares of Walt Disney Co and Comcast Corp tumbled on Thursday after Disney warned of stagnant earnings and No. 1 cable operator Comcast forecast more subscriber losses.

08 Sep 2017

Pernod Ricard confident on acceleration in profit growth for 2017-2018

PARIS French spirits maker Pernod Ricard said on Thursday it was confident that profits for the current financial year would show an acceleration from the 2016/17 underlying profit growth of 3.3 percent it reported on Thursday.

Budget 2017, 31 Aug 2017

United Continental lowers Q3 forecast in wake of Harvey, N. Korea

United Continental Holdings Inc on Wednesday said third-quarter results will be sharply lower than previously forecast, as Hurricane Harvey and geopolitical tensions between the United States and North Korea weigh on the airline's performance.

Budget 2017, 06 Sep 2017

GoPro expects adjusted profitability in 3rd qtr; shares jump

Action camera maker GoPro Inc said on Thursday it expects to be profitable on an adjusted basis in the third quarter, ahead of the holiday season launch of its newest cameras, sending its shares up 17 percent.

07 Sep 2017

John Lewis warns of Brexit impact after profit slides

LONDON British retailer John Lewis warned that consumer confidence is being damaged by the shadow of Brexit and that performance would take a further hit after first-half profit tumbled by more than half.

Budget 2017, 14 Sep 2017

Slowing sales growth hits Morrisons shares despite profit jump

LONDON British supermarket chain Morrisons reported slowing sales growth on Thursday, sending its shares down 5 percent despite rising profit and the CEO's assertion that its recovery is still on track.

Budget 2017, 14 Sep 2017