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Uber booked $2.2 billion in sales last quarter as its giant losses narrowed

Getty Uber has had a chaotic year, battling lawsuits, sex discrimination allegations, and the departure of many of its top execs. But behind the scenes its business has been slowly improving. The transportation startup narrowed.....»»

Category: topSource: businessinsiderFeb 13th, 2018

Uber booked $2.2 billion in sales last quarter — but it still took a $1.1 billion loss

Getty Uber is narrowing its enormous losses and its revenues are growing. In Q4 2017, it booked a loss of $1.1 billion on $2.2 billion in revenues. It comes as the company tries to move past a yea.....»»

Category: topSource: businessinsiderFeb 13th, 2018

Uber"s bookings rose 17% to $8.7 billion during last quarter

Uber its losses 14 percent in the second quarter from a year ago, as the ride-hailing giant grew bookings, trips and revenue......»»

Category: topSource: moneycentralAug 23rd, 2017

Uber Reportedly on Track for $2.8 Billion Annual Loss

The ride-hailing giant continued to be deep in the red for the third quarter of 2016, but losses have slowed down year-over-year......»»

Category: topSource: incDec 20th, 2016

A Strong Fourth Quarter Pushes Home Depot Past $100 Billion in Annual Sales

The home improvement giant just issued a bright outlook for 2018 while announcing another hefty dividend boost......»»

Category: topSource: foxnewsFeb 20th, 2018

Home Depot posts record results, now a $100 billion-a-year business

The Home Depot Inc. on Tuesday posted record sales and earnings, with sales for the first time crossing the $100 billion-a-year milestone. The Atlanta-based home improvement giant (NYSE: HD) said it earned $1.8 billion in the fourth quarter of 201.....»»

Category: topSource: bizjournalsFeb 20th, 2018

Uber CEO aims to pare losses and get "the love back"

Ride-hailing giant Uber's full-year net loss widened to $4.5 billion in 2017 as the company endured a tumultuous year that included multiple scandals, a lawsuit alleging the theft of trade secrets and the replacement of its CEO......»»

Category: topSource: foxnewsFeb 15th, 2018

Dr Pepper Snapple Sales Are Flat as It Plans for Keurig Merger

Dr Pepper Snapple Group Inc. reported flat revenue in its fourth quarter, a few weeks after Keurig Green Mountain announced it was buying the soda giant for nearly $19 billion in cash......»»

Category: smallbizSource: wsjFeb 15th, 2018

The Wall Street Journal: Uber narrows losses to $1.1 billion as fourth-quarter bookings rise

Uber Technolo.....»»

Category: topSource: marketwatchFeb 13th, 2018

Uber Posts Fourth-Quarter Loss of $1.1 Billion on Higher Sales

Uber continued to boost ridership and revenue throughout last year, despite a punishing stretch that included a sexual harassment scandal, the resignation of its longtime chief and a blockbuster lawsuit from its primary rival in self-driving vehicles......»»

Category: smallbizSource: wsjFeb 13th, 2018

Uber"s fourth-quarter loss narrows to $1.1 billion: source

(Reuters) - Uber Technologies Inc [UBER.UL] narrowed its fourth-quarter loss to $1.1 billion from a loss of $1.46 billion in the previous quarter, a person familiar with the matter told Reuters......»»

Category: topSource: reutersFeb 13th, 2018

AIG posts $6.7 billion loss on tax reform, catastrophes

American International Group Inc posted a $6.7 billion fourth-quarter loss on Thursday as the U.S. insurer booked a big charge related to U.S. tax reform and losses from global catastrophes......»»

Category: topSource: moneycentralFeb 8th, 2018

AIG posts $6.7 billion loss on tax reform, catastrophes

(Reuters) - American International Group Inc posted a $6.7 billion fourth-quarter loss on Thursday as the U.S. insurer booked a big charge related to U.S. tax reform and losses from global catastrophes......»»

Category: topSource: reutersFeb 8th, 2018

General Electric posts a $10 billion loss and lower sales

General Electric Co forecast further weakening of its troubled power business on Wednesday as it reported a $10 billion loss and a 5-percent fall in revenue in the fourth quarter, driven by previously-announced charges for insurance losses and taxes......»»

Category: topSource: moneycentralJan 24th, 2018

Uber"s third-quarter net loss widens to $1.46 billion: source

(Reuters) - Uber Technologies Inc's [UBER.UL] quarterly losses widened, a source familiar with the matter told Reuters on Tuesday, as the ride-hailing company wades through legal troubles and faces regulatory scrutiny across the globe......»»

Category: topSource: reutersNov 29th, 2017

Uber's Losses Widen as SoftBank Launches Bid to Buy Shares - Bloomberg

BloombergUber's Losses Widen as SoftBank Launches Bid to Buy SharesBloombergUber Technologies Inc.'s net loss widened to $1.46 billion in the third quarter, accor.....»»

Category: topSource: googlenewsNov 28th, 2017

Apple Smashes Q4 Earnings Estimates, iPad Units See Strongest Growth

Apple Inc. (NASDAQ: AAPL) shares are surging after trouncing fourth-quarter estimates. The tehc giant's market cap is nearing $900 billion after delivering fourth-quarter EPS of $2.07, beating estimates by 20 cents. Sales came in at .....»»

Category: earningsSource: benzingaNov 2nd, 2017

Apple iPhone Sales in China Soar After 18 Months of Decline

But Apple is still far behind its China-based competitors. Apple has finally stemmed its losses in China. But the success might only be short-lived. The tech giant’s iPhone sales in China for the third quarter hit 11 million units, up f.....»»

Category: europeSource: fortuneOct 30th, 2017

Ericsson Posts Another Loss but Faint Signal of Recovery Emerges

Telecommunications-equipment giant Ericsson reported another quarter of falling sales and widening losses as it struggles to compete with new Chinese players, but investors saw signs that a monthslong turnaround effort was starting to bear fruit......»»

Category: smallbizSource: wsjOct 20th, 2017

Uber"s sales more than doubled to $1.75 billion in the second quarter, despite all its drama

Glassdoor/UberUber may have tanked in the public's eyes, but its highly publicized scandals from the past few months.....»»

Category: topSource: businessinsiderAug 23rd, 2017

Uber, Mired in Corporate Scandals, Sees Uptick in Bookings

The privately held ride-hailing company on Wednesday disclosed that its business jumped and that its losses narrowed to $645 million in the second quarter......»»

Category: dealsSource: nytAug 23rd, 2017