Earnings
Kroger results hit by grocery price war, shares slide
Kroger Co on Friday reported a quarterly profit drop after an intensifying grocery price war hit its bottom line, and warned that same-store sales and operating margins would be lower than expected for the remainder of the year. | Video
Prada's profits fall, warns revamp taking longer than expected
MILAN Italian fashion house Prada reported a sharp drop in first-half profits on Friday and warned it would take longer than expected to turn the ailing company around.
Akzo abandons profit forecast made during PPG takeover battle
AMSTERDAM Dutch paintmaker Akzo Nobel , which angered investors by fending off a $32 billion takeover approach three months ago, warned on Friday it would not hit the 2017 profit target it promised during an acrimonious battle. | Video
Disney, Comcast shares fall on disappointing forecasts
Shares of Walt Disney Co and Comcast Corp tumbled on Thursday after Disney warned of stagnant earnings and No. 1 cable operator Comcast forecast more subscriber losses. | Video
P&G says Peltz's plan would lead to higher costs, lower profits
Procter & Gamble Co said on Thursday activist investor Nelson Peltz's plan to boost shareholder value would result in higher costs, lower profits and another restructuring that could lead to a breakup of the company.
GoPro expects adjusted profitability in third quarter; shares jump
Action camera maker GoPro Inc said on Thursday it expects to be profitable on an adjusted basis in the third quarter, ahead of the holiday season launch of its newest cameras, sending its shares up 17 percent.
