[ad_1] © Reuters. FILE PHOTO: Emerson Electric Co is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 13, 2020. REUTERS/Brendan McDermid/ (Reuters) – Industrial conglomerate Emerson (NYSE:) Electric Co missed Wall Street expectations for quarterly profit and revenue on Wednesday, as lingering supply-chain snags … Read more
[ad_1] © Reuters. FILE PHOTO: Workers repair a logo of South African retailer Pick n Pay in Johannesburg, South Africa, April 19,2018. REUTERS/Siphiwe Sibeko/File Photo JOHANNESBURG (Reuters) – Supermarket group Pick n Pay said on Wednesday its four-month sales grew by 6.4%, but its like-for-like sales growth in South Africa was softer, impacted by store … Read more
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[ad_1] © Reuters. FILE PHOTO: The logo of Foxconn is seen outside the company’s building in Taipei, Taiwan, Nov. 10, 2022. REUTERS/Ann Wang TAIPEI (Reuters) -Taiwan’s Foxconn, the world’s largest contract electronics maker and major iPhone assembler for Apple Inc (NASDAQ:), said on Sunday its revenue in January jumped 48.2% year-on-year, as it shook off … Read more
[ad_1] © Reuters Gilead Sciences shares gain after topping expectations despite lower remdesivir sales By Sam Boughedda Gilead Sciences (NASDAQ:) shares rallied in early Friday trading in reaction to the company’s latest earnings report, which saw it beat top and bottom-line consensus expectations. The biopharmaceutical company posted fourth-quarter of $1.67 per share, $0.17 above the … Read more
[ad_1] © Reuters. FILE PHOTO: An employee at a Volvo car dealer, wearing a protective mask is seen in a showroom, in Brussels, Belgium, May 28, 2020. REUTERS/Yves Herman STOCKHOLM (Reuters) -Sweden-based Volvo Car AB said on Friday its sales increased by 2% year-on-year in January to 48,520 cars, but tumbled in China due to … Read more
[ad_1] © Reuters. Starbucks cups are pictured on a counter in the Manhattan borough of New York City, New York, U.S., February 16, 2022. REUTERS/Carlo Allegri By Deborah Mary Sophia and Hilary Russ (Reuters) -Starbucks’ quarterly sales decline in China was four times worse than the coffee chain expected and it has no “line of … Read more
[ad_1] Despite posting record first-quarter revenue, Starbucks Corp. saw its stock fall in extended trading Thursday as it failed to meet Wall Street estimates because of weakness in China. Starbucks SBUX, -0.76% shares dropped more than 3.5% after hours, after falling less than 1% in the regular session to close at $109.15, and seesawed up … Read more
[ad_1] © Reuters. FILE PHOTO: The Apple iPhone 14 Pro is seen at the Apple Fifth Avenue store in Manhattan, New York City, U.S., September 16, 2022. REUTERS/Andrew Kelly/File Photo By Stephen Nellis (Reuters) -Apple Inc on Thursday forecast that revenue would fall for a second quarter in a row but that iPhone sales were … Read more
[ad_1] © Reuters. FILE PHOTO: A Gilead Sciences, Inc. office is shown in Foster City, California, U.S. May 1, 2018. REUTERS/Stephen Lam/File Photo By Michael Erman and Sriparna Roy (Reuters) -Gilead Sciences Inc on Thursday reported a higher-than-expected fourth-quarter profit driven by strong demand for its HIV and cancer drugs, while COVID-19 antiviral Veklury had … Read more
