Profit warning in November shook investor confidence Diageo putting in place steps to avoid repeat of mistakes Investors waiting for new CEO to prove herself Questions remain over ability to drive growth LONDON, Feb 7 Reuters Diageo39;s attempt to reassure investors about its strategy in Latin America has boosted confidence among some that the world39;s top […]

TOKYO, Feb 7 Reuters Toyota Motor shares hit a record high on Wednesday after its earnings upgrade the prior day, with rivals Honda and Nissan also posting gains on expectations their solid hybrid lineups may benefit from cooling interest in electric vehicles. Weakening momentum for batterypowered vehicles has led many overseas automakers to scale back rollout plans for EVs or […]

Reuters VF Corp missed expectations for its thirdquarter results on Tuesday, and said its CFO Matt Puckett will step down later this year, sending the Vans sneaker maker39;s shares down about 7 in extended trading. The company, which withdrew its annual forecasts in October and announced a cost reduction plan, said it had begun an indepth […]

Feb 7 Reuters The world39;s biggest lockmaker Assa Abloy reported a smallerthanexpected rise in fourthquarter operating profit on Wednesday, as likeforlike sales growth ground to a halt amid slow residential markets. The Swedish group39;s quarterly operating profit, excluding items affecting comparability, increased 11 from a year earlier to 5.72 billion Swedish crowns 545.5 million. Analysts polled […]

Adjusted operating profit 8.68 bln vs forecast 8.46 bln Shareholder payments in 2024 14 bln vs 17 bln in 2023 Oil and gas output grew 2.1 in 2023 vs Oct forecast 1.5 Shares fall 4.2 LONDON, Feb 7 Reuters Equinor said on Wednesday it would cut its overall cash returns to shareholders this year by 3 […]

PARIS, Feb 7 Reuters TotalEnergies warned on Wednesday that weakness in refining margins would impact its 2024 results after lower oil prices drove a 31 decline in its adjusted income for the fourth quarter of 2023. Profits from oil majors have been down in 2023 by about a third from record levels in 2022, pressured as oil and gas […]