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Google: Profit and sales surge as tax rate falls

Google's business is humming along despite mounting concerns over data privacy......»»

Category: topSource: moneyApr 23rd, 2018

Tiffany profit falls short on weak demand in Americas, Hong Kong

Luxury jeweler Tiffany & Co , which is being bought by Louis Vuitton owner LVMH , missed market expectations for quarterly profit and sales on Thursday, hit by lower spending by foreign tourists in the United States and Hong Kong......»»

Category: topSource: reutersDec 5th, 2019

Campbell Soup"s stock falls after profit beat expectations, but sales fell short and outlook lowered

Shares of Campbell Soup Co. fell 1.2% in premarket trading Wednesday, after the soups, simple meals and snacks company reporte.....»»

Category: topSource: marketwatchDec 4th, 2019

J.C. Penney shares surge on a profit forecast hke

Nov.15 -- J.C. Penney Co. shares soared Friday after the company announced it was raising its profit forecast, in spite of another quarterly sales decline. Bloomberg Intelligence’s Poonam Goyal has the details on "Bloomberg Daybreak: Americas.".....»»

Category: topSource: moneycentralNov 15th, 2019

Walmart tops Q3 earnings forecast, lifts 2019 guidance

Walmart posted stronger-than-expected third quarter earnings Thursday, and boosted its full-year profit guidance as e-commerce and grocery sales at the world's biggest retailer continue to surge......»»

Category: topSource: moneycentralNov 14th, 2019

Nissan slashes full-year forecast as first-half profit falls

Crisis-hit Japanese automaker Nissan Tuesday slashed its full-year sales and profit forecast as it struggles wit.....»»

Category: topSource: moneycentralNov 12th, 2019

Capri Holdings profit falls short of estimates as Michael Kors sales fall

Capri Holdings Lt.....»»

Category: topSource: marketwatchNov 6th, 2019

Coty beats profit expectations but sales falls shy

Coty Inc. reported Wednesday a fiscal first-quarter profit that beat expectations but r.....»»

Category: topSource: marketwatchNov 6th, 2019

Kroger 2020 profit, sales estimates top expectations; shares surge

Supermarket chain Kroger Co forecast 2020 profit and comparable sales ahead of Wall Street estimates on Tuesday, saying it expects to see further benefits from investments in store modernization and deliveries, sending its shares up 10%......»»

Category: topSource: reutersNov 5th, 2019

Mallinckrodt"s stock falls after adjusted profit beat, but sales fell below forecasts

Shares of Mallinckrodt PLC fell 1.3% in premarket trading Tuesday, after the drug maker re.....»»

Category: topSource: marketwatchNov 5th, 2019

Samsung Electronics upbeat on chip outlook as third-quarter profit falls 56%

Samsung Electronics Co Ltd said chip sales should pick up in 2020 as it reported a 56% fall in third-quarter operating profit on Thursday, reeling from memory price declines amid a prolonged industry downturn......»»

Category: topSource: reutersOct 30th, 2019

Dow Jones Newswires: Bayer backs guidance as sales rise, profit falls

The company backed its outlook for the year, but adjusted figures to exclude its animal health business and its stake in Currenta, both of which it has agreed to sell......»»

Category: topSource: marketwatchOct 30th, 2019

Amgen third-quarter revenue falls 3%, biosimilar sales rise

Amgen Inc on Tuesday said competition for older off-patent drugs sent third-quarter revenue down 3%, but share repurchases and biosimilar sales helped it achieve higher-than-expected profit, and the company raised its full-year outlook......»»

Category: topSource: reutersOct 29th, 2019

Pfizer raises 2019 forecast as sales of cancer drug, heart medicine surge

Pfizer Inc posted third-quarter profit well above analysts' estimates on higher sales of cancer drug Ibrance and new heart medicine Vyndaqel, encouraging the largest U.S. drugmaker to lift its earnings forecast for the year......»»

Category: topSource: reutersOct 29th, 2019

Google"s search for sales in cloud, hardware clip Alphabet profit

Google pare.....»»

Category: topSource: reutersOct 29th, 2019

Dow Jones Newswires: Philips profit falls 29% on impairment charge

For 2019, Philips said it continues to expect comparable sales growth of 4% to 6% and an adjusted Ebita improvement of 10 to 20 basis points......»»

Category: topSource: marketwatchOct 28th, 2019

Dow Jones Newswires: Canon profit falls 43% on year

By geography, sales fell in all regions except for Japan, with sales in Europe and Asia-Oceania dropping particularly sharply......»»

Category: topSource: marketwatchOct 28th, 2019

Earnings Watch: Google’s cloud business is sky high heading into earnings

During its second-quarter conference call in July, Google said its cloud computing business is on an $8 billion revenue run rate, which means cloud sales have doubled in less than 18 months......»»

Category: topSource: marketwatchOct 25th, 2019

Dow Jones Newswires: STMicroelectronics profit falls, while revenue beats forecasts

Increased sales in the imaging, analog, power discrete and microelectromechanical systems segments were largely offset by softness in the digital integrated circuits, automotive and microcontrollers markets, STMicroelectronics said......»»

Category: topSource: marketwatchOct 24th, 2019

Ford"s third-quarter profit falls, full-year profit outlook cut

Ford Motor Co on Wednesday posted a lower quarterly profit as it took charges for its global restructuring, and reduced its full-year operating profit forecast due to higher warranty and incentive costs, as well as lower-than-expected sales in China......»»

Category: topSource: reutersOct 23rd, 2019

Microsoft earnings trounce expectations, but Azure growth rate continues to shrink

Microsoft Corp. easily trumped expectations with an earnings report Wednesday afternoon that displayed double-digit percentage gains in profit and sales, but shares dipped in late trading as the Azure cloud business’s growth rate continued to decline......»»

Category: topSource: marketwatchOct 23rd, 2019