Earnings

Akzo abandons profit forecast made during PPG takeover battle

AMSTERDAM Dutch paintmaker Akzo Nobel , which angered investors by fending off a $32 billion takeover approach three months ago, warned on Friday it would not hit the 2017 profit target it promised during an acrimonious battle. | Video

Prada's profits fall, warns revamp taking longer than expected

MILAN Italian fashion house Prada reported a sharp drop in first-half profits on Friday and warned it would take longer than expected to turn the ailing company around.

11:37am EDT

Kroger's sales forecast misses Street, shares slide

Kroger Co on Friday reported lower quarterly earnings as price cuts hit its bottom line, and the biggest U.S. supermarket company forecast comparable-store sales below Wall Street estimates. | Video

11:45am EDT

Disney, Comcast shares fall on disappointing forecasts

Shares of Walt Disney Co and Comcast Corp tumbled on Thursday after Disney warned of stagnant earnings and No. 1 cable operator Comcast forecast more subscriber losses.

Sep 07 2017

P&G says Peltz's plan would lead to higher costs, lower profits

Procter & Gamble Co said on Thursday activist investor Nelson Peltz's plan to boost shareholder value would result in higher costs, lower profits and another restructuring that could lead to a breakup of the company.

Sep 07 2017

GoPro expects adjusted profitability in third quarter; shares jump

Action camera maker GoPro Inc said on Thursday it expects to be profitable on an adjusted basis in the third quarter, ahead of the holiday season launch of its newest cameras, sending its shares up 17 percent.

Sep 07 2017