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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

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

Corning loss narrows in 1Q18

Corning has reported net loss of US$589 million for first-quarter of 2018, an improvement from the net loss of US$1.412 billion for the previous quarter......»»

Category: topSource: digitimesApr 25th, 2018

This Day In Market History: Wachovia Shocks Market With $24B Quarterly Loss

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 10 years ago, Wachovia Bank stunned Wall Street by reporting a $23.9 billion quarterly loss. read more.....»»

Category: blogSource: benzingaOct 22nd, 2018

Will Tech Leave Detroit in the Dust?

As IPO proposals value Uber at an eye-popping $120 billion, auto makers are racing to gain ground in everything from car sharing to driverless technology. At stake: who will control the future of transportation......»»

Category: topSource: wsjOct 20th, 2018

Can Detroit Become a Software Business?

As IPO proposals value Uber at an eye-popping $120 billion, auto makers are racing to gain ground in everything from car sharing to driverless technology. At stake: who will control the future of transportation......»»

Category: topSource: wsjOct 20th, 2018

U.S. oil benchmark settles sharply lower, tallies a two-session loss of 4.5%

The U.S. oil benchmark settled sharply lower on Thursday to tally a loss of 4.5% over the two sessions on the heels of a fourth wee.....»»

Category: topSource: marketwatchOct 18th, 2018

How Uber quietly raised $2 billion this week

Uber Technologies has found a way to tap d.....»»

Category: topSource: latimesOct 18th, 2018

The Wall Street Journal: Uber borrows $2 billion in debut ‘junk’ bond sale

Uber Technologies sold its first-ever bonds late Wednesday, issuing $2 billion of debt to fund operations as it prepares for an initial public stock offering expected next year......»»

Category: topSource: marketwatchOct 18th, 2018

Natural Gas Price Holds Loss Level Steady After Storage Report

The U.S. natural gas stockpile rose by 81 billion cubic feet last week, slightly less than analysts had expected. The weather outlook for the coming week is for demand to remain high......»»

Category: blogSource: 247wallstOct 18th, 2018

Uber Borrows $2 Billion in Debut Bond Sale

Uber Technologies sold its first-ever bonds, issuing $2 billion of debt to fund operations as it prepares for an IPO expected next year......»»

Category: smallbizSource: wsjOct 18th, 2018

How Uber quietly raised $2 billion

Uber has found a way to tap debt markets when burning through billions of dollars of cash: Keep financial details closely guarded and hire former Goldman Sachs bankers to oversee the deals......»»

Category: topSource: moneycentralOct 18th, 2018

How Uber quietly raised $2 billion

Uber has found a way to tap debt markets when burning through billions of dollars of cash: Keep financial details closely guarded and hire former Goldman Sachs bankers to oversee the deals......»»

Category: topSource: moneycentralOct 18th, 2018

Uber headed for $120 billion valuation in IPO, banks say

Uber’s expected initial public offering next year could value the ride-hail company at as much as $120 billion—more than General Motors, Ford and Fiat Chrysler combined—according to assessments from... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 17th, 2018

6 Most Important Things in Business Today: China Holdings of US Debt

China's ownership of U.S. Treasuries falls to the lowest level in over a year, Uber could be valued at $120 billion in an IPO, and other important business headlines......»»

Category: blogSource: 247wallstOct 17th, 2018

$120-billion valuation for Uber is floated as it and Lyft race toward IPOs

Uber Technologies Inc. and Lyft Inc. are solidi.....»»

Category: topSource: latimesOct 16th, 2018

Uber boosts bond sale to $2 billion with orders swelling

Uber Technologies Inc. increased the size of its debut bond offering as orders for the private placement swelled in a market hungry for deals, according to people with knowledge of the sale......»»

Category: topSource: moneycentralOct 16th, 2018