[ad_1] In the quarter, Apple sold 46.9 million iPhones versus analysts’ expectations of 48.4 million handsets. Apple sold 46.8 million smartphones in the same quarter last year. The average selling price for …
Read More »Alibaba earnings: China's economic issues for Alibaba
[ad_1] Alibaba Group Holding Ltd. is but a few days away from its biggest shopping event of the year, but Singles Day will come amid concerns about whether macroeconomic issues are in …
Read More »Fitbit shares inflate after stronger earnings than expected
[ad_1] The shares of Fitbit Inc. (FIT) were inflated by investors Thursday, November 1, after the company announced quarterly earnings above expectations, which allowed the fitness electronics manufacturer to achieve profitability for …
Read More »DowDuPont Earnings Decline as Costs Rise
[ad_1] DowDuPont said sales, general and administrative costs increased 49% in the last quarter, while integration and separation costs increased by 88%. Photo: Michael Nagle / Bloomberg News Updated Nov 1, 2018 …
Read More »GM offers buyouts to 18,000 workers after strong earnings – Boston News, Weather and Sports
[ad_1] DETROIT (AP) – With General Motors posting solid earnings of $ 2.5 billion in the third quarter, the Detroit automaker has stepped up cost-cutting efforts with 18,000 employees to buy back …
Read More »GM Surges After Surprise Q3 Blowout Earnings, Full-Year Guidance Boost
[ad_1] General Motors (GM) posted much stronger-than-expected third quarter earnings and full-year profits in the United States and China. GM said earnings for the three months ending in $ 1.87 per share, …
Read More »Yum Brands shares increase after earnings and sales
[ad_1] Yum Brands Inc. YUM, + 1.12% Shares rose 3% Wednesday in pre-market trading, after the foodservice company reported third-quarter results and sales ahead of expectations. The company, whose brands include Taco …
Read More »Clorox’s stock set to fall after earnings beat, but guidance cut
[ad_1] Shares of Clorox Co. CLX, +2.70% were indicated down nearly 2% in premarket trade Wednesday, after the consumer products company reported fiscal first-quarter earnings that topped expectations, but cut its outlook. …
Read More »Facebook's earnings surge exceeds slow growth in users and sales
[ad_1] (Reuters) – Facebook Inc (FB.O) on Tuesday beat its earnings estimates Tuesday, but missed its targets for growth in the number of monthly users and announced that its revenue growth was …
Read More »Success of the PS4 for Spider-Man, Fortnite raises earnings forecasts for Sony
[ad_1] Sony has improved its earnings outlook, thanks in large part to the success of its PlayStation business. The company raised its earnings outlook for the current fiscal year to 870 billion …
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