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OPEC Cuts Oil Demand Outlook, Building Case To Keep Supply Curbs

2019-06-13 17:15:52| OGI

Cartel members concerned about price slides stemming from trade disputes.  

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Apple cuts quarterly sales outlook on fewer iPhone upgrades, slower Chinese economy

2019-01-03 08:35:00| Telecompaper Headlines

(Telecompaper) Apple has lowered its revenue guidance for the December quarter, blaming a slowdown in iPhone sales, particularly in China. The company now expects revenue of US 84 billion for its fiscal first quarter to 29 December 2018, down from earlier guidance of USD 89-93 billion and a reported USD 88.3 billion in the year-earlier period.  

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Asics cuts outlook amid Q3 profit slump

2018-11-07 11:48:00| Daily apparel & textile news and comment - from just-style.com

Japanese sporting goods giant Asics Corp has lowered its full-year outlook as it reported a 47.5% drop in profit and lower sales for the third quarter.

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S&P cuts Altice rating outlook to negative

2017-11-24 10:14:00| Telecompaper Headlines

(Telecompaper) Credit rating agency Standard & Poor's has revised its outlook for Altice from stable to negative, while affirming the 'B+' long-term credit rating for the group. The decision was motivated by Altice's deteriorating growth prospects, as the company lowered its EBITDA guidance for 2017, primarily as a result of a weaker-than-expected performance in France. In this country, S&P now expects lower EBITDA growth in 2018, noting that Altice's differentiation strategy has yet to prove its effectiveness.

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Next cuts FY outlook as Q3 sales slide

2016-11-02 09:39:00| Daily apparel & textile news and comment - from just-style.com

UK fashion retailer Next has revealed a fall in sales for its third-quarter and lowered its full-year guidance, citing difficult market conditions. 

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