Toyota Q1 net profit up nearly 4%, full-year profit revised down

[ad_1] Toyota said its operating profit climbed 8.7 percent to 742 billion yen Japanese car giant Toyota said Friday its first quarter net profit rose thanks to solid sales and cost cutting efforts, but it revised down full-year profit partly due to a stronger yen. The maker of the Camry sedan and Prius hybrid reported […]

GE shares gyrate as it reports loss, lifts full-year forecast

[ad_1] General Electric raised its full-year profit forecast despite reporting a second-quarter loss General Electric lifted its full-year profit forecast on Wednesday, while warning that US-China trade tensions and the grounding of the Boeing 737 MAX remain lingering uncertainties. The industrial giant, which has been beset by a downturn in its power business for more […]