Irish distie DCC trims profit forecast
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Blames weak pound DCC Plc today scaled back its operating profit growth expectations for the year ended 31 March 2008, saying it had been hampered by weaker sterling.â¦
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Trucking and logistics company Con-Way   Inc. CNW.N on Monday cut its third-quarter earnings per share   forecast, citing lower-than-expected freight volumes as   economic activity slowed across its customer base.
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Cadbury Schweppes Plc, the maker of Dr Pepper and 7Up, said results will be at the ``lower&#39;&#39; end of the range it has targeted in the current fiscal year because of lack of demand in the US and European drinks markets.
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DaimlerChrysler DCXGn.DE cut its   2006 operating profit forecast by around 1 billion euros ($1.27   billion) on Friday and predicted U.S. arm Chrysler could lose   1.2 billion euros in the third quarter, much worse than first   thought.
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DuPont Co. , the No. 2 U.S. chemical company, on Tuesday reported lower-than-expected second-quarter profit due to lower U.S. volumes coupled with higher energy and raw material costs.
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C&amp;C Group Plc, the maker of Tullamore Dew whiskey that held its initial public offering in May, said first-half profit more than doubled after the sale of a business helped cut debt and reduce interest charges.
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TORONTO (CP) - Cott Corp. lowered its 2004 profit target Wednesday as it announced a 14 per cent drop in quarterly profits and two small US acquisitions.
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Diageo, the worldâs largest producer and distributor of alcoholic drinks, reported a 23 percent decline in first-half profit but raised its full-year forecast for profit growth from existing operations. The company, which is based in London, announced a Â£100 million ($195.6 million) expansion of its Scotch whiskey operations in anticipation of continued long-term demand in emerging markets. Diageo said profit fell to Â£895 million ($1.75 billion) in the six months ended Dec. 31, from Â£1.17 billion a year earlier. The company said profit excluding one-time items was up 4 percent, to Â£1.31 billion, and it raised its forecast for profit growth this year to 8 percent from 7 percent.
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Altria Group Inc.  posted lower quarterly profit on Wednesday, due in part to costs for closing a U.S. cigarette plant as it moves some production to Europe to cut costs and reduce excess capacity.
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Credit Suisse says first-quarter profit will be $1bn less than forecast after a write-down.
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Apparel retailer Charming Shoppes Inc.   cut its profit forecast on Monday, citing lower sales  and an increase in markdowns spring merchandise.
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Station Casinos Inc. , which is in the process of a management-led buyout, on Wednesday said fourth-quarter profit fell as it took charges for a canceled residential project and some pre-opening costs for some planned expansions.
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The InterContinental Hotels Group on Tuesday said that net profit almost halved last year to 231 million pounds.
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DaimlerChrysler (DCXGn.DE) cut its  2006 operating profit forecast by around 1 billion euros ($1.27  billion) on Friday and predicted U.S. arm Chrysler could lose  1.2 billion euros in the third quarter, much worse than first  thought.
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Coca-Cola Enterprises Inc. , the world's largest bottler of Coca-Cola drinks, on Wednesday lowered its earnings forecast for the year, citing lower-than expected volume in North America and Europe.
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Britain's Cadbury Schweppes Plc  on Tuesday reported a 2 percent dip in 2007 profits but added it was encouraged by the good trading momentum it had seen in the new year and saw margin improvement in 2008.
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Capital One Financial Corp , the largest independent U.S. credit card issuer, lowered its full-year profit forecast by 21 percent on Thursday, citing mounting consumer loan losses in a weakening economy and higher legal reserves.