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Philips earnings: Q3 net income comes in at 307 million euros vs. 350.5 million expectedDutch health care technology company Philips reported weaker-than-expected third-quarter net income on Monday, citing subdued growth in key markets and foreign currency headwinds. Nowhere near the Mega Million Jackpot!
Source: CNBC - 🏆 12. / 72 Read more »
Twitter’s bot purge looks good for businessMonthly users fell again in the third quarter but ad revenue surged, helping the $21 bln company led by Jack Dorsey top expectations. Similar trends three months ago caused a selloff; this time, Twitter’s stock soared. Keeping this version of the meme going is Dorsey’s priority.
Source: Breakingviews - 🏆 470. / 51 Read more »
Ryanair Earnings Hit by Staff and Fuel CostsEuropean budget airline Ryanair Holdings said second-quarter net profit—during the busy summer season—fell 6%, three weeks after the company cut its full-year guidance. As a Ryan, this is disappointing to hear Ryanair good news What ever not my airline wat shit
Source: WSJ - 🏆 98. / 63 Read more »
Royal Caribbean Cruises CEO blames higher fuel costs as a headwind on earningsRoyal Caribbean is seeking ways to improve its energy consumption to fend off the negative impact of higher fuel costs, CEO Richard Fain says.
Source: CNBC - 🏆 12. / 72 Read more »
Norwegian Air earnings miss expectations on higher fuel costsScandinavian carrier Norwegian Air reported slightly weaker-than-expected quarterly earnings Thursday, citing higher fuel costs.
Source: CNBC - 🏆 12. / 72 Read more »
A comment about 'content costs' on AT&T's earnings call should scare some TV networksAT&T has become a big player in the TV business and on an earnings call Wednesday, its CFO made comments about evaluating its DirecTV Now channel lineups to “align content costs with the price.”
Source: BusinessInsider - 🏆 729. / 51 Read more »
Target shares tumble 9% as earnings miss mark, weighed down by higher costsTarget's investments in its supply chain weighed on profits, but the retailer says it's now 'better positioned for this holiday season than ever before.' PowerLunch MelissaLeeCNBC TheDomino contessabrewer Isn't it possible that Holidays sales will be impacted by the negativity in stock markets!? Everyone is predicting good sales season, risk is on the downside. DOW SP500 At least they're thriving in Canada...wait, nvm.
Source: CNBC - 🏆 12. / 72 Read more »