Whirlpool Profit Sags on Raw Materials Inflation
The appliance maker has been trying to mitigate its higher raw materials costs with price increases and cost cutting.
General Mills Slashes Guidance, Stock Plunges
The cereal maker is now predicting full-year operating profit will fall as much as 6% due to higher-than-expected supply chain costs.
How to Know When Better Profit Margins Aren’t Better
At some point, cost cutting and higher prices can hinder growth and destroy value.
Kimberly-Clark to Cut 12-13% of Workforce
The layoffs will add to last year's $450 million in cost savings as the personal care company continues to adjust to weak sales in North America.
Kimberly-Clark Misses on Sales, Profit Beats
Continued weakness in North America hurt Q3 sales but the company's cost-cutting helped drive a 3% gain in net income.
Citigroup Profit up 8% to $4.1B, Earnings Beat
Every business in Citi's investment banking unit saw healthy growth in the third quarter except fixed-income trading.
Cost-Cutting Narrows Sears’ Loss to $251M
The retailer's Q2 results were "a little bit heartening, but still left some open areas of worry," including another double-digit comp sales decline.
OnDeck Capital Narrows Q2 Loss to $1.49M
CEO Noah Breslow calls the quarter "transformative," saying the online lender made "solid progress" toward achieving its financial objectives.
Sears Swings to Profit But Sales Slide Continues
"There's no turnaround. Anybody who suggests that that's the case... is suffering from a loss of reality."
Finance Departments Still Facing Budget Cuts
Finance teams will have to tighten their belts once more in 2017.
Shell, BP Profits Beat Estimates in 3rd Quarter
The two companies' performance boosts hopes that the industry is adapting to an environment of low oil prices.