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China first-quarter GDP grows 6.8 percent year-on-year, slightly more than expected

BEIJING (Reuters) - China's economy grew 6.8 percent in the first quarter of 2018 from a year earlier, official data showed on Tuesday, slightly above expectations and unchanged from the previous quarter......»»

Category: topSource: reutersApr 16th, 2018

China"s August exports rise 9.8 percent year-on-year, imports up 20 percent

China's export growth weakened slightly in August to 9.8 percent from a year earlier, suggesting China's massive foreign trade sector is losing some momentum as Washington readies more sweeping measures in the two countries' ongoing trade war......»»

Category: topSource: reutersSep 8th, 2018

Palo Alto Networks Reports Fiscal Fourth Quarter and Fiscal Year 2018 Financial Results

Palo Alto Networks Reports Fiscal Fourth Quarter and Fiscal Year 2018 Financial Results - Fiscal fourth quarter revenue grows 29 percent year over year to $658.1 million; fiscal year 2018 revenue grows 29 percent year over year to $2.3 billion - Fiscal f.....»»

Category: earningsSource: benzingaSep 7th, 2018

Why American Outdoors Guidance Was Much Better Than Expected

American Outdoor Brands Corp (NASDAQ: AOBC) stock skyrocketed 39 percent Friday after the company shocked Wall Street and reported a big second-quarter earnings beat and raised its full-year guidance. Latest Ratings.....»»

Category: blogSource: benzingaAug 31st, 2018

Hawaiian Electric"s net income grows 22% in Q2 2018, despite rising fuel oil costs

Honolulu-based utility Hawaiian Electric Cos. reported net income of $31.2 million for the second quarter of 2018, an increase of 21.9 percent from $25.6 million during last year's comparable period. Over the first six months, the electric utility â.....»»

Category: topSource: bizjournalsAug 3rd, 2018

U.S. economy grows 4.1 percent

The U.S. economy grew at its fastest pace in neary four years in the second quarter. But as Fred Katayama reports, some economists think that growth will slow down in the second half of the year......»»

Category: videoSource: reutersJul 27th, 2018

Ford 2Q earnings fall 48 percent on production, China woes

Dinged by slumping China sales and a fire at a U.S. parts factory, Ford Motor Co.'s second-quarter net profit fell 48 percent from a year ago......»»

Category: topSource: foxnewsJul 25th, 2018

Alphabet shares soar even though Google’s EU fine hits bottom line

Slapped with a $5 billion fine by the European Union, Alphabet saw a second-quarter profit of $3.2 billion, far less than the $6.72 billion expected by analysts. But the company’s revenue rose 26 percent year-over-year to $32.7 billion......»»

Category: topSource: washpostJul 23rd, 2018

Delta cuts 2018 forecast on higher fuel costs, profit beats estimates

Delta Air Lines Inc (DAL.N) slashed its full-year earnings forecast on Thursday as fuel costs in the second quarter surged 38.8 percent and the company said it expected $2 billion spike in its fuel bill in 2018......»»

Category: topSource: moneycentralJul 12th, 2018

Delta cuts 2018 forecast on higher fuel costs, profit beats estimates

Delta Air Lines Inc slashed its full-year earnings forecast on Thursday as fuel costs in the second quarter surged 38.8 percent and the company said it expected $2 billion spike in its fuel bill in 2018......»»

Category: topSource: reutersJul 12th, 2018

Samsung forecasts smaller than expected profit gains in 2Q

Samsung Electronics says its second-quarter operating profit rose 5 percent over a year earlier......»»

Category: topSource: foxnewsJul 5th, 2018

General Motors"s China vehicle sales growth rate eases in second-quarter

BEIJING (Reuters) - U.S. automaker General Motors Co said on Wednesday its second-quarter sales in China increased 0.7 percent to 858,344 vehicles compared with the same period a year ago......»»

Category: topSource: reutersJul 4th, 2018

Hawaii County Council passes GET hike

The Hawaii County Council passed a one-quarter percent surcharge to the general excise tax on Friday. West Hawaii Today reported that the county surcharge, which is expected to raise an estimated $20 million a year, would start Jan. 1, 2019, and end D.....»»

Category: topSource: bizjournalsJun 29th, 2018

Mexican Bulletproof Car Business Grows as Violence Soars

The market is expected to grow by 10 percent this year as the annual death toll looks to hit a record high......»»

Category: topSource: newsweekJun 26th, 2018

Starbucks closing cafes; CEO calls performance "not acceptable"

(Reuters) - Starbucks Corp forecast on Tuesday slower sales growth than Wall Street expected this quarter and plans to close about 150 U.S. cafes next fiscal year to boost performance, sending its shares down 2 percent after hours......»»

Category: topSource: reutersJun 19th, 2018

China"s Xiaomi Lost $1.1 Billion in the First Quarter

Chinese smartphone and gadget maker Xiaomi lost money in the first three months of the year, the company revealed in new filings ahead of its coming stock listing that is expected to value the company at about $70 billion......»»

Category: smallbizSource: wsjJun 11th, 2018

Palo Alto Networks Reports Fiscal Third Quarter 2018 Financial Results

Palo Alto Networks Reports Fiscal Third Quarter 2018 Financial Results - Fiscal third quarter revenue grows 31 percent year over year to $567.1 million - Fiscal third quarter billings grow 33 percent year over year to $721.0 mi.....»»

Category: earningsSource: benzingaJun 4th, 2018

FibroGen Upgraded By Mizuho On Continued R&D Progress

A combination of slightly better-than-expected first-quarter earnings and potential regulatory approval on the horizon have solidified one analysts faith in FibroGen Inc (NASDAQ: FGEN) moving towards the end of the year. .....»»

Category: blogSource: benzingaMay 15th, 2018

Economic Report: First-quarter GDP grows solid 2.3% as businesses grab baton from consumers

The U.S. grew in the first quarter at the slowest pace in a year owing to a big pullback in consumer spending, but the economy held up better than expected owing to strong business investment and a smaller trade deficit......»»

Category: topSource: marketwatchApr 27th, 2018

LabCorp sees 1Q profit drop slightly to $173.2 million

Laboratory Corporation of America Holdings posted a profit of $173.2 million for the 2018 first quarter, down 5.3 percent from the same period a year ago. Earnings per share for LabCorp (NYSE: LH) were $1.67 for the period ending March 31, down.....»»

Category: topSource: bizjournalsApr 25th, 2018

China: consumers boost Q1 growth despite trade worries

China's economy grew at a slightly faster-than-expected pace of 6.8 percent in the first quarter, buoyed by strong consumer demand, healthy exports and robust property investment. David Pollard reports......»»

Category: videoSource: reutersApr 17th, 2018