Dignity FY18 Profit Declines; Says FY19 Outlook Unchanged – Quick Facts

Dignity Plc. (DTY.L), a provider of funeral related services, reported that its preliminary profit attributable to equity shareholders for the 52 week period ended 28 December 2018 declined to 31.5 million pounds or 63.0 pence per share, from 57.8 million pounds or 115.6 pence per share last year.
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ECB Slashes Eurozone Economic Outlook As It Pumps More Cash To Banks

The European Central Bank slashed the euro area growth and inflation outlook on Thursday, citing the lingering uncertainties that are mainly external, and offered more cash to banks via long-term loans to boost lending to a slowing economy. The bank also said it now expects Eurozone interest rates to remain at the current level at least till the end of this year.
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Teva Shares Fall As Q4 Adj. Profit Misses View, Outlook Disappoints

Israel-based generic drug maker Teva Pharmaceutical Industries Ltd. on Wednesday reported a loss for the fourth quarter that narrowed from last year as a decline in revenues was more than offset by lower costs and expenses. However, adjusted earnings per share missed analysts’ expectations, while revenues beat estimates. Teva provided its financial outlook for fiscal 2019 also below estimates.
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Spotify posts first ever operating profit, but cautious outlook for 2019

Spotify posted its first ever quarterly operating profit on Wednesday driven by a strong gross margin and slower-than-expected headcount growth, but it warned of a loss in 2019 and issued modest forecasts which disappointed investors.


Reuters: Technology News

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Hannover Re Affirms Outlook For FY18 And FY19 – Quick Facts

German re-insurer Hannover Re AG (HVRRY.PK, HVRRF.PK) said Tuesday that against a backdrop of modestly improved conditions from an overall perspective, the company increased its premium volume in traditional property and casualty reinsurance by 15.4 percent on a currency-adjusted basis to 6.4 billion euros in the 1 January 2019 treaty renewals.
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Amazon sales outlook falls short after record holiday quarter

Amazon.com Inc on Thursday forecast first-quarter sales below Wall Street estimates as new regulations in India created uncertainty around one of its key growth markets, even as the online retailer reported record holiday sales and profit.


Reuters: Business News

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Apple iPhone outlook has nowhere to go but up: analyst

Apple’s iPhone problem is bad — but it’s also as bad as it’s going to get. That’s according to an influential tech analyst, who says Wall Street’s current forecasts for iPhone sales are overly pessimistic, despite a warning from the company earlier this month that cited sluggish demand in China. “The current market consensus on…
Business | New York Post

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Sherwin-Williams Lowers FY18 Earnings Outlook – Quick Facts

Sherwin-Williams Company (SHW) on Tuesday announced preliminary unaudited sales and earnings results for the fourth quarter and full year ended December 31, 2018. The company lowered its earnings outlook for fiscal 2018, citing non-operating expenses and lower fourth-quarter sales.
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Associated British Foods Affirms Outlook; 8-week Trading In Line With Guidance

Speaking at the Annual General Meeting of Associated British Foods plc (ASBFY.PK, ABF.L), the Chairman Michael McLintock said the Group still expects adjusted earnings per share for the financial year to be in line with the 2018 financial year. He reiterated the Group outlook statement for the current financial year that was included in the annual report.
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Japan business mood steady but outlook sours: BOJ tankan

Confidence among Japan’s big firms remained unchanged from three months ago, a closely-watched central bank survey showed, but sentiment on the outlook soured for the first time in three quarters as trade frictions and global growth concerns hurt the business mood.


Reuters: Business News

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SIG Plc 4-month Revenues Decline; Affirms Outlook – Quick Facts

Specialist building products distributor SIG Plc (SHI.L), in its four-month trading update for the period ended October 31, 2018, reported that group revenues from continuing operations decreased 2.3 percent, with increased working days contributing a further 1.6 percent, offset by 0.3 percent currency. Like-for-like revenues declined 3.3 percent.
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Lowe’s Intends To Exit Retail Operations In Mexico; Updates Outlook

Lowe’s Companies, Inc. (LOW) announced the company intends to exit its Mexico retail operations and is exploring strategic alternatives. The company has also identified certain non-core activities within its U.S. home improvement business to exit, including Alacrity Renovation Services and Iris Smart Home.
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Mizuho Financial Group H1 Profit Up 13.4%; Affirms FY18 Outlook – Quick Facts

Japanese lender Mizuho Financial Group (MFG, MZHOF.OB) on Wednesday reported that its profit attributable to owners of the parent for the six months ended September 30, 2018 increased 13.4 percent to 359.36 billion Japanese yen from 316.65 billion yen in the year-ago period. Earnings per share were 14.16 yen, up from 12.47 yen a year ago.
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BMW Stock Down On Weak Q3 Profit; Confirms FY18 Outlook

Shares of BMW Group declined around 2 percent in German trading after the auto giant reported Wednesday weak profit in its third quarter, despite growth in revenues. Further, the company confirmed its fiscal 2018 forecast for lower profit and automotive revenues. In terms of its core business, BMW said it had always expected 2018 to be a challenging year.
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Spencer Matthews: Becoming a dad has changed my outlook

OHMYGOSSIP — Spencer Matthews admits becoming a dad has changed his outlook on life.
The 29-year-old TV star – who has two-month-old son Theodore with his wife Vogue Williams – has revealed how parenthood has transformed his perspective of the world.
He shared: “I mean, life has a whole new meaning as any parent will tell you. It’s wonderful.”
Spencer explained that Theodore has quickly become the priority for the loved-up duo.
He said: “Our priorities have changed now that we have Theodore, it’s kind of less about us and more about him, which is completely in line with our opinions about how to be good parents.”
Spencer also revealed that he and his wife are already looking forward to having another baby.
He told MailOnline: “Vogue and I are very much looking forward to starting our family and we feel complete and delighted with the way everything has gone. We’ve very much looking forward to expanding on our family.”
Prior to giving birth, Vogue revealed she felt ready to become a mother and was looking forward to the challenge of parenthood.
The Irish star – who suffered with morning sickness for the first three months of her pregnancy – managed to continue working right up until her due date, which she felt was linked to her commitment to staying active.
She said: “I’m totally ready for it. Physically I’m feeling really good.
“I’ve been so lucky with my pregnancy. I had quite bad morning sickness and heartburn but, for the most part, I’ve been okay. I’m still able to work, but I have to nap every day. I’m so excited, I just want the birth to happen.”

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Apple Profit, Revenues Top Wall Street View, Outlook Disappoints; Shares Down 4%

Apple Inc. (AAPL) Thursday reported an earnings and revenues for the fourth quarter that trumped Wall Street estimates, helped by strong demand for its pricier iPhone X and XS. However, shares slipped over 4 percent in extended session after the iPhone maker issued a weak revenue outlook for the holiday season quarter.
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Konami H1 Profit Edges Up 0.1%; Affirms FY Outlook – Quick Facts

Konami Holdings Corp. (KNM), an entertainment and health fitness company, reported that its profit attributable to owners of the parent for the six months ended September 30, 2018 edged up 0.1 percent to 17.20 billion yen from 17.18 billion yen in the same period last year. Earnings per share were 125.22 yen, compared to 125.12 yen in the previous-year period.
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Amazon Q3 Sales, Outlook Miss Street Estimates; Shares Down 6%

Amazon.com Inc. (AMZN) Thursday reported a surge in profit for the third quarter, driven largely by a 29 percent jump in revenues. Earnings for the quarter trounced Wall Street estimates. However, the tech giant’s stock slipped more than 6 percent in extended session after revenues for the quarter fell short of expectations and on weak outlook for the current holiday quarter.
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Amphenol Raises FY18 Outlook – Quick Facts

While reporting its third-quarter financial results, Amphenol Corp. (APH) said that for the full year 2018, the company now expects to achieve sales in a range of $ 8.040 billion to $ 8.080 billion, an increase over 2017 of 15 percent, as well as adjusted earnings per share in a range of $ 3.68 to $ 3.70, an increase over 2017 of 18 percent to 19 percent.
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Roche 9-month Sales Rise; Backs FY18 Outlook

Swiss drug major Roche Holding AG reported Wednesday higher sales in its first nine months of fiscal 2018, with growth in Pharmaceuticals sales in all regions except Europe. Diagnostics Division also recorded higher sales in all regions. Looking ahead to fiscal 2018, Roche confirmed its outlook for higher results at constant exchange rates.
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