Umbro issues third profit warning
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Business & money: England football shirt group blames discount sports chain Sports Direct for latest problems
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French retail giant Carrefour warned that 2004 results would not meet its targets, as it reported weaker-than-expected sales for the third quarter.
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DETROIT  - General Motors Corp. is forecast to post a healthy profit when it reports third-quarter earnings Thursday, but European business continues to falter and another severe overseas overhaul is likely.
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LOS ANGELES (CBS.MW) -- Electronic Data Systems on Thursday cautioned that US Airways Group&#39;s bankruptcy could dampen its third-quarter earnings by up to 3 cents per share.
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Unilever shares fell sharply after the household products giant issued a warning over its profits for 2004. The Anglo-Dutch food-to-detergents group admitted that its leading brands&#39; performance in the third quarter would be below that of the second.
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Raytheon reported slightly lower third-quarter profit yesterday, hurt by losses from a unit it is selling, and forecast next yearâs profit would fall below Wall Streetâs average estimate.
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US toymaker Mattel is set to announce a third product recall in a month, according to a report.
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The Swiss-based banking group UBS was cautious over the outlook for its investment bank after a lull in trading crimped its third-quarter profit.
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The company said third-quarter profit rose 16 percent despite a drop in production, but warned that performance of its refining operations was weaker than it appeared.
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Carrefour SA&#39;s shares dipped Tuesday amid reports that the world&#39;s second largest retailer was to issue a profit warning when it posts third-quarter revenue later in the day.
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United Airlines&#39; parent company posted a $274 million third-quarter loss and reiterated its need to slash labor costs. The company said that in the fourth quarter it may not be able to comply with a covenant
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A profit warning from consumer products giant Unilever and concern that oil prices, now topping $46 a barrel, will hurt company earnings kept European shares in negative ground Monday.
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Carrefour SA's shares dipped Tuesday amid reports that the world's second largest retailer was to issue a profit warning when it posts third-quarter revenue later in the day.
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Banking giant UBS was cautious over prospects for the rest of the year after a lull in trading hurt its third-quarter profit, despite a strong showing by its blockbuster wealth management operation.
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A profit warning from consumer products giant Unilever and concern that oil prices, now topping &#36;46 a barrel, will hurt company earnings kept European shares in negative ground Monday.
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Ailing British supermarket group Sainsburyâs showed a further deterioration in its performance today after its third profits warning this year.
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EMI Group, the world's third-biggest music company, has issued its second profit warning in little over a month, blaming the move on an &quot;unprecedented&quot; decline in US sales of compact discs.