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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

Called to Account: New accounting rule aims to solve problem highlighted by GE’s multi-billion-dollar insurance loss

GE’s $6.2 billion hit to income in January to catch up on losses on long-term care insurance contracts highlights the problem accounting standard-setters now say will be solved with some new rules, set to take full effect in 2021......»»

Category: topSource: marketwatch14 hr. 54 min. ago

Gold ends below $1,200 mark for a second straight session

Gold futures settles with a modest loss to mark another roughly 1 1/2-year low as the U.S. dollar looks set to end the week higher......»»

Category: topSource: moneycentral15 hr. 9 min. ago

Earnings Scheduled For August 16, 2018

Companies Reporting Before The Bell J. C. Penney Company, Inc. (NYSE: JCP) is estimated to report quarterly loss at $0.05 per share on revenue of $2.87 billion. read more.....»»

Category: blogSource: benzingaAug 16th, 2018

Uber Getting Ugly

Uber on Wednesday disclosed that its quarterly loss jumped despite taking in more money, as it invested in scooters and other “big bets.” The San Francisco-based .....»»

Category: topSource: livetradingnewsAug 16th, 2018

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

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 and Lyft have won a key battleground in the electric scooter wars — and it"s a huge blow to the $2 billion startup that created the scooter phenomenon

Lucy Nicholson/Reuters In an effort to curb the onslaught of electric scooters, Santa Monica, California, is moving to limit the number of companies that can operate dockless vehicles there. An internal.....»»

Category: topSource: businessinsiderAug 15th, 2018

Qatar throws Turkey a lifeline as spat widens with US

Turkey has secured a $15 billion investment from Qatar that could bolster its economy amid a widening dispute with the United States......»»

Category: topSource: moneyAug 15th, 2018

Innolux reports first quarterly loss in 8 quarters

Innolux has reported net loss of NT$1.93 billion (US$62.6 million) for the second quarter of 2018, ending a stream of seven quarterly gains, citing additional tax payment of NT$2.7 billion for retained earnings. Loss per share for the quarter was NT$0.19......»»

Category: topSource: digitimesAug 15th, 2018

Tinder and Match Group were a poor match from the beginning, according to the new $2 billion lawsuit filed by the dating app"s founders (MTCH, IAC)

bi   The legal dispute between Tinder and parent company Match Group is new, but the bad blood between key figures at the two companies apparently isn't.See the rest of the story at Business InsiderNOW WATCH: .....»»

Category: topSource: businessinsiderAug 14th, 2018

Puma Biotech (PBYI) Q2 Loss Narrows, Nerlynx Drives Sales

Puma Biotech (PBYI) posts narrower-than-estimated loss in Q2. Also, rapid growth of its only marketed drug, Nerlynx, boosts sales. Puma Biotechnology, Inc. PBYI incurred a loss of $1.17 per share for the second quarter.....»»

Category: smallbizSource: nytAug 10th, 2018

A Preview Of BRF"s Q2 Earnings

BRF (NYSE: BRFS) announces its next round of earnings Friday. Here's Benzinga's advanced look at BRF's Q2 earnings report. Earnings and Revenue Analysts are predicting BRF will report a loss of 10 cents per share on revenue of $2.3 billion. read more.....»»

Category: blogSource: benzingaAug 9th, 2018

Factbox: China tariffs on revised list of $16 billion U.S. goods

China said on Wednesday that it is slapping additional tariffs of 25 percent on $16 billion worth of U.S. imports from fuel and metals to autos and medical equipment, as the world's largest economies escalated their trade dispute......»»

Category: topSource: reutersAug 9th, 2018

LendingClub (LC) Q2 Loss Narrows, Revenues Top Estimates

LendingClub's (LC) Q2 loss reflects rise in operating expenses, along with .....»»

Category: smallbizSource: nytAug 8th, 2018

China to slap additional tariffs on $16 billion of U.S. goods

China is slapping additional tariffs of 25 percent on $16 billion worth of U.S. imports from fuel and steel products to autos and medical equipment, the Chinese commerce ministry said, as the world's largest economies escalated their trade dispute......»»

Category: topSource: reutersAug 8th, 2018