Tag: Earnings
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
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...
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...
CVS ups outlook after a slow start to the year
<p>The Associated Press — CVS Health beat Wall Street expectations and after releasing projections earlier this year that disappointed analysts, a new outlook Tuesday...
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...
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...
CVS ups outlook after a slow start to the year
The Associated Press — CVS Health beat Wall Street expectations and after releasing projections earlier this year that disappointed analysts, a new outlook Tuesday...
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,...
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,...
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...