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Posts Tagged ‘profit outlook’

(Reuters) – Canadian telecommunications company Cogeco Cable Inc reported a lower third-quarter profit and cut its full-year profit outlook by 10.6 percent hurt by impairment charges at its Cogeco Cable Canada unit. The company expects revenue for the next financial year to be $2.03 billion, up 3.8 percent from the projected revenue for the current […]

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NEW YORK (AP) — Shares of GameStop plunged almost 19 percent after a profit outlook from the world’s largest video game retailer came in well below Wall Street expectations for the crucial holiday period, though sales were strong.

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TOKYO (Reuters) – Toshiba Corp, Japans largest computer chipmaker, raised its operating profit outlook more than 10 percent for the year to next March, expecting continued buoyant demand for its NAND memory chips used in smartphones and tablets. Toshiba raised its full-year operating profit forecast to 290 billion yen ($2.96 billion) from 260 billion after […]

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