Tag: Earnings reports
Stellantis CFO: Chip shortage impact remains ‘controlled’
<p>MILAN — The Stellantis automotive company created out of the merger of Fiat Chrysler Automobiles and PSA Peugeot reported Wednesday a 14% increase in...
GM profit surges to $2.98B on sales of higher-margin trucks
<p>Detroit — General Motors’ first-quarter net income surged to $2.98 billion as strong U.S. consumer demand and higher prices offset production cuts brought on...
Stellantis CFO: Chip shortage impact remains ‘controlled’
MILAN — The Stellantis automotive company created out of the merger of Fiat Chrysler Automobiles and PSA Peugeot reported Wednesday a 14% increase in...
GM profit surges to $2.98B on sales of higher-margin trucks
Detroit — General Motors’ first-quarter net income surged to $2.98 billion as strong U.S. consumer demand and higher prices offset production cuts brought on...
Pfizer ups expectations for the year
<p>Pfizer is raising its revenue expectations for the year with a huge roll out of its COVID-19 vaccine as well as strong performances from...
Ferrari 1Q profits rebound, postpones 2022 targets
<p>MILAN — Italian luxury sportscar maker Ferrari announced Tuesday that it won’t hit 2022 financial targets due to the impact of the coronavirus pandemic,...
Pfizer ups expectations for the year
Pfizer is raising its revenue expectations for the year with a huge roll out of its COVID-19 vaccine as well as strong performances from...
Ferrari 1Q profits rebound, postpones 2022 targets
MILAN — Italian luxury sportscar maker Ferrari announced Tuesday that it won’t hit 2022 financial targets due to the impact of the coronavirus pandemic,...
Budget carrier flydubai posts $194M loss due to pandemic
<p>DUBAI, United Arab Emirates — Dubai's budget carrier flydubai reported Sunday a loss of $194 million in 2020 as revenue fell by more than...
Budget carrier flydubai posts $194M loss due to pandemic
DUBAI, United Arab Emirates — Dubai's budget carrier flydubai reported Sunday a loss of $194 million in 2020 as revenue fell by more than...