Billionaire Row"s Condos See Price Hikes Despite Ultra-Luxury Sales Declining

Billionaire Row"s Condos See Price Hikes Despite Ultra-Luxury Sales Declining.....»»

Category: blogSource: zerohedgeJul 18th, 2019

Wells Fargo Likes Altria"s Move To Counter Declining Cigarette Sales With Price Hikes

Wells Fargo likes Altria Group Inc (NYSE: MO)’s willingness to use price increases to offset pressure from declining volume in cig.....»»

Category: blogSource: benzingaJun 17th, 2019

A Manhattan penthouse faces reality, cuts price to $62 million

The developers of one of Manhattan’s most expensive condos say they’re facing reality. Citing a slowing ultra-luxury market—and buyer demand for bargains—developers of a triplex penthouse near... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 5th, 2018

Luxury home sales on Oahu rebound in July after sluggish start

Oahu’s luxury home market saw an 11% increase in sales last month, compared to July of last year, and the median price of all single-family homes and condominiums selling for $1.5 million or more rose by 2%, according to a report from Coldwell Ban.....»»

Category: topSource: bizjournalsAug 14th, 2019

GM faces declining sales and price wars in largest markets

General Motors Co's investors will see on Thursday how the Detroit carmaker is weathering declining sales and mounting price pressures in its largest markets when it reports second-quarter earnings......»»

Category: topSource: reutersJul 31st, 2019

Procter & Gamble sales, profit beat expectations; shares rise

Procter & Gamble Co's quarterly revenue and profit beat Wall Street expectations on Tuesday, boosted by price hikes and strong demand for its beauty products such as SK-II and Olay, sending its shares up about 4% before the opening bell......»»

Category: topSource: reutersJul 30th, 2019

Hershey"s tepid annual forecast overshadows quarterly profit beat

Chocolate maker Hershey Co said on Thursday its new price hikes would not add to its profit and sales in the remaining two quarters and gave a dull full-year forecast, sending its shares down as much as 5%......»»

Category: topSource: reutersJul 25th, 2019

P&G beats profit, sales estimates with price hikes

Higher prices and greater demand for its premium fabric care and beauty products helped Procter & Gamble Co's exceed analyst estimates for quarterly revenue and profit on Tuesday, even as grooming product sales were hurt by a stronger U.S. dollar......»»

Category: topSource: reutersApr 23rd, 2019

U.S. home sales tumble as supply constraints linger

U.S. home sales fell more than expected in March as rising demand stoked by declining mortgage rates and slowing house price inflation continued to be frustrated by a lack of properties, especially in the lower-priced segment of the market......»»

Category: topSource: reutersApr 22nd, 2019

U.S. existing home sales fall more than expected in March

U.S. home sales fell more than expected in March, pointing to continued weakness in the housing market despite declining mortgage rates and slowing house price gains......»»

Category: topSource: reutersApr 22nd, 2019

Daimler: Mercedes sells more than 600 Maybach models a month in China

Daimler's China chief said sales rose 3 percent in the first quarter, defying an overall downturn in demand in the world's biggest car market, thanks to robust demand for ultra luxury vehicles like the Mercedes S-Class Maybach......»»

Category: topSource: reutersApr 16th, 2019

Apple Hopes Price Cuts Will Reverse Slide in China. But Are They Enough?

China is critical to Apple's future. But it's facing stiff competition. Apple has a China problem: sharply declining sales in what is a critical market. But now, thanks to a change in regulations by Chin.....»»

Category: europeSource: fortuneApr 5th, 2019

Billionaire Ken Griffin"s $238 million apartment boosted average Manhattan real estate prices 10%

Without Ken Griffin's real estate deal, the average sales price in the first quarter would have been $2,006,952, said Jonathan Miller, CEO of appraisal and research firm Miller Samuel......»»

Category: realestateSource: cnbcApr 2nd, 2019

Residential Real Estate Awards 2019: This is Houston’s top luxury real estate agent

Clayton Katz brought in $38.35 million in sales at an average sales price of $2.55 million......»»

Category: topSource: bizjournalsMar 29th, 2019

From Mercedes-Benz to Audi, luxury car sales rise ahead of a price hike

BMW India, after years of decline sold 9,800 units, up 25 per cent over last year in calendar year 2017.....»»

Category: topSource: business-standardApr 6th, 2018

New close-in condos in Seattle for $250,000? Here"s the plan

New condos that start in the mid-$200,000s are unheard of in Seattle. The median sales price in this part of town hit $600,000 last month, up 26 percent from April 2017, according to the Northwest Multiple Listing Service......»»

Category: topSource: bizjournalsMay 16th, 2018

Developer kicks off sales of high-end condos in San Francisco"s Transbay district

The 618-foot tall Avery residential tower designed by Rem Koolhaus' OMA will bring more luxury condos at a time when new condo inventory is plunging in San Francisco......»»

Category: topSource: bizjournalsJun 21st, 2018

Twitter stock gains after Wells Fargo hikes target

Shares of Twitter Inc. are up 0.2% in Tuesday trading after Wells Fargo analyst Peter Stabler raised his price target to $42 from $32. "After multiple quarters of declining ARPU [average revenue per .....»»

Category: topSource: marketwatchJul 3rd, 2018

Manhattan home sales decline for the third consecutive quarter

Manhattan's luxury real estate is constantly being sought by either billionaire celebrity couples or wealthy CEOs. However, residential property trades in general are in decline. That's according to Douglas Elliman's recent "Manhattan Sales Market R.....»»

Category: topSource: bizjournalsJul 5th, 2018

Tariffs on U.S.-made models to force BMW price hikes in China

German luxury automaker BMW said on Friday that it will be unable to "completely absorb" a new Chinese 25 percent tariff on imported U.S.-made models and will have to raise prices on the vehicles it makes in Spartanburg, South Carolina......»»

Category: topSource: reutersJul 6th, 2018

Wealthy Chinese consumers drive up price of luxury tea leaves

The surging price of oolong tea grown in eastern China’s Wuyi mountain range has transformed the fortunes of local farmers such as Chen Jingxi, who says he will earn the equivalent of more than $1 million this year from sales of rare roasted leaves......»»

Category: topSource: moneycentralJul 15th, 2018