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Britain's Standard Life Aberdeen cuts dividend as profit falls

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LONDON (Reuters) - Standard Life Aberdeen said on Tuesday it was cutting its dividend after adjusted full-year profits fell 16.6% to 487 million pounds ($674 million) and as the British asset manager reconfigures its global operations with a renewed focus on Asia.
It said it would pay a dividend of 14.6 pence per share for 2020, compared to 21.6 pence the previous year.
The first full-year results under Chief Executive Stephen Bird set out a new direction after selling its Standard Life brand to insurer Phoenix Group in February.
Phoenix bought Standard Life Aberdeen s European and British insurance businesses in 2018.
SLA aims to create a master brand for the whole company, compared to five separate brands now, Bird said. ....

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Daqo New Energy Corp. Q4 adjusted earnings Miss Estimates

Daqo New Energy Corp. Q4 adjusted earnings Miss Estimates
BEIJING (dpa-AFX) - Daqo New Energy Corp. (DQ) announced earnings for its fourth quarter that increased from the same period last year.
The company s bottom line came in at $72.83 million, or $0.96 per share. This compares with $20.09 million, or $0.26 per share, in last year s fourth quarter.
Excluding items, Daqo New Energy Corp. reported adjusted earnings of $77.30 million or $1.02 per share for the period.
Analysts had expected the company to earn $1.15 per share, according to figures compiled by Thomson Reuters. Analysts estimates typically exclude special items.
The company s revenue for the quarter rose 108.3% to $247.73 million from $118.92 million last year. ....

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Synalloy Corp Q4 adjusted earnings of $0.01 per share

WASHINGTON (dpa-AFX) - Below are the earnings highlights for Synalloy Corp (SYNL):-Earnings: -$8.6 million in Q4 vs. -$0.9 million in the same period last year. -EPS: -$0.94 in Q4 vs. -$0.10 ....

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SandRidge Energy Inc. Q4 adjusted earnings of $0.06 per share

WASHINGTON (dpa-AFX) - Below are the earnings highlights for SandRidge Energy Inc. (SD):-Earnings: -$0.16 million in Q4 vs. -$249.14 million in the same period last year. -EPS: -$0.01 in Q4 ....

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Kroger Co. Q4 adjusted earnings Beat Estimates

WASHINGTON (dpa-AFX) - Below are the earnings highlights for Kroger Co. (KR):-Earnings: -$77 million in Q4 vs. $327 million in the same period last year. -EPS: -$0.10 in Q4 vs. $0.40 in the ....

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