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Valeant Pharmaceuticals Slashes Its Profit Outlook, Shares Plunge

Business & Finance : Forbes: Business

On Tuesday morning, Valeant slashed 2016 profit forecasts, which had been given to investors less than three months ago. The company also reported a wider than expected first quarter loss, weighed by continued challenges to its derm...

Verizon falls after adding fewer subscribers than expected (VZ)

Business & Finance : Business Insider: Money Game

Verizon on Thursday reported third-quarter earnings results that topped analysts' forecasts for profits, but trailed expectations for subscriber growth. The company's adjusted earnings per share was $1.01, slightly higher than the m...

Toyota raises profit forecast

Business & Finance : Business Report

Toyota Motor raised its profit forecast after surging sales of RAV4 sport utility vehicles and Lexus luxury models. ||| Tokyo - Toyota Motor raised its profit forecast after surging sales of RAV4 sport utility vehicles and Lexus lux...

Rio Tinto moves to maintain profits

Business & Finance : Business Report

Mining titan Rio Tinto plans to slash forecast spending next year to maintain profits in the face of a commodity price rout. ||| Sydney - Mining giant Rio Tinto said on Tuesday it would slash forecast spending next year to maintain ...

Weaker pound: Ryanair trims profit forecast

Business & Finance : Business Report

Low-cost airline Ryanair trims full-year profit forecast by 5% because of the fall in the value of sterling. ||| Dublin - Ryanair trimmed its full-year profit forecast by 5 percent on Tuesday because of the fall in the value of ster...

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