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United Air declares early victory on its 2020 profit target

Bloomberg United Airlines Holdings Inc declared an early victory on its 2020 profit goal, handing a steady keel to President Scott Kirby as he prepares to take over as chief executive officer in four months. Adjusted earnings climbed to $12.05 a share in 2019, United said in a statement, achieving a longstanding target that the company initially set for this ...

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Burberry latest victim of HK protests

Bloomberg Burberry Group Plc became the latest victim of the Hong Kong protests as sales in that market dropped by half over the Christmas quarter, while the spread of a new viral disease in Asia risks dimming the outlook further. The stock fell as much as 4.1% even after the company raised its forecast for full-year sales growth to a ...

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Sainsbury CEO Coupe to step down in May

Bloomberg News that J Sainsbury Plc Chief Executive Officer Mike Coupe is leaving in May marks the end of an unrewarding chapter for the UK grocer’s shareholders. Competition from German discounters Aldi and Lidl and a shift to online shopping have put British supermarkets including Tesco Plc and Wm Morrison Supermarkets Plc under pressure, but Sainsbury shares have suffered the ...

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