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Uber"s Second-Quarter Sales Rise 63% With Narrower Loss

A year after joining Uber Technologies, CEO Dara Khosrowshahi is showing signs he can maintain the ride-hailing firm’s rapid pace of revenue growth while reining in some of its substantial losses......»»

Category: smallbizSource: wsjAug 16th, 2018

Uber cuts its losses, and revenue soars 63%

Uber's financial picture improved in the second quarter: Its revenue jumped and its losses narrowed......»»

Category: topSource: moneyAug 15th, 2018

Uber revenue jumps as new efforts pay off

As Uber Technologies Inc. continues to expand its footprint across the globe, the ride-hailing giant reported accelerating sales and narrowing losses......»»

Category: topSource: marketwatchAug 15th, 2018

Mondelez Sales Rise in U.S., Emerging Markets

Mondelez’s sales rose 2.1% to $6.1 billion in the second quarter, leading the snacking giant to raise its outlook for the year......»»

Category: smallbizSource: wsjJul 25th, 2018

Uber posts 55% first-quarter sales growth

Uber Technologies Inc. released its first-quarter financial results late Wednesday, which said it posted net income of $2.46 billion on gross bookings of $11.29 billion. Uber said gross bookings grew 55% from the year-earlier pe.....»»

Category: topSource: marketwatchMay 23rd, 2018

Deere & Co"s Q3 Earnings Preview

On Friday, Deere & Co (NYSE: DE) will report its last quarter's earnings. Here is Benzinga's take on the company's release. Earnings and Revenue Wall Street analysts see Deere & Co reporting earnings of $2.75 per share on sales of $9.21 billion. read more.....»»

Category: blogSource: benzingaAug 16th, 2018

Uber Sees A 38% Yearly Increase In Gross Bookings As It Gears Up To Face Competition

Though a privately-held company, Uber Inc. chooses to announce its quarterly earnings to investors and the public. The ride-hailing giant has reported a loss of $891 million in Q2 2018, but showed increased revenue to the tune of $2.8 billion. read more.....»»

Category: blogSource: benzingaAug 16th, 2018

J.C. Penney shares slump 22% after wider-than-expected loss, revenue decline

J.C. Penney Co. Inc. shares slumped 22% in Thursday premarket trading after the department store retailer reported second-quarter losses that were wider than expected and sales fell. Net loss totaled $101 million, or 32 cents per shar.....»»

Category: topSource: marketwatchAug 16th, 2018

Uber continues to rack up big losses

Uber says it narrowed its quarterly losses from a year earlier, although the ride-hailing company is still a long way from proving it can be profitable as it gears up to go public in 2019. Jane Lanhee Lee reports......»»

Category: videoSource: reutersAug 16th, 2018

Uber’s losses narrow as it makes ‘big bets’ in new segments

Uber is bringing in more money than in years past thanks to expansion into businesses like Uber Eats and bikeshare service Jump, but not enough to make its second quarter profitable......»»

Category: topSource: washpostAug 15th, 2018

Uber’s losses narrow as it makes ‘big bets’ in new segments

Uber is bringing in more money than in years past, thanks to expansion into businesses like Uber Eats and bikeshare service Jump, but not enough to make its second quarter profitable......»»

Category: topSource: washpostAug 15th, 2018

Is Uber Really Worth $62 Billion?

Uber reported $2.8 billion in net revenues in the second quarter, up 8% from the $2.6 billion in the first quarter of 2018, but it doesn’t appear close to turning a profit......»»

Category: blogSource: barronsAug 15th, 2018

Uber narrows loss but far from profitability

Uber said on Wednesday it had narrowed losses from a year earlier, although the ride-hailing company is still a long way from proving it can be a profitable business even as it gears up to go public in 2019......»»

Category: videoSource: reutersAug 15th, 2018

Uber narrows loss but is a long way from finding profit

Uber Technologies Inc [UBER.UL] said on Wednesday it narrowed its quarterly losses from a year earlier, although the ride-hailing company is still a long way from proving it can be profitable as it gears up to go public in 2019......»»

Category: topSource: reutersAug 15th, 2018

Uber narrows loss but still a long way from profitability

Uber Technologies Inc said on Wednesday it had narrowed losses from a year earlier, although the ride-hailing company is still a long way from proving it can be a profitable business even as it gears up to go public in 2019......»»

Category: topSource: moneycentralAug 15th, 2018

Uber narrows loss but still a long way from profitability

Uber Technologies Inc said on Wednesday it had narrowed losses from a year earlier, although the ride-hailing company is still a long way from proving it can be a profitable business even as it gears up to go public in 2019......»»

Category: topSource: reutersAug 15th, 2018

Macy"s beats Wall Street expectations in second quarter

Cincinnati-based department store giant Macy's Inc. beat Wall Street's expectations for the second quarter of 2018, though sales for the quarter were flat. Macy's (NYSE: M) reported earnings per share of 53 cents, beating the average analyst estimat.....»»

Category: topSource: bizjournalsAug 15th, 2018

Buffett"s Berkshire Keeps Buying More of Apple

Warren Buffett’s Berkshire Hathaway continued to load up on technology giant Apple in the second quarter, taking its stake in the iPhone maker to $46.6 billion......»»

Category: smallbizSource: wsjAug 15th, 2018

Alpha Networks reports losses for 2Q18

Networking device maker Alpha Networks has reported net losses of NT$163 million (US$5.32 million) or NT$0.31 per share on revenues of NT$3.95 billion for the second quarter of 2018......»»

Category: topSource: digitimesAug 8th, 2018

CVS Health profit beats on higher prescription drug sales

The company said it took a $3.9 billion goodwill impairment charge in the reported quarter......»»

Category: topSource: foxnewsAug 8th, 2018