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FedEx climbs as strong e-commerce demand during an "unprecedented" holiday season drives earnings beat
FedEx said the increased volume of packages offset its higher labor costs and weather-related expenses during the quarter.....»»
LCD panel prices set to rise further in March
LCD panel prices will continue rising in March after moving up in February, as supply remains constrained due to shortages of upstream chips and materials despite strong demand from downstream clients, according to industry sources......»»
Supply chain expects strong demand pick-up for AirPods in 2Q20
AirPods shipments have started gaining momentum though second-quarter 2020 volumes may still be unable to match the peak season levels of 2019, according to industry sources......»»
Visitor arrivals, spending were up in February before demand for travel began to fall
While Hawaii did begin to see a decline in visitors from some of its source markets during February, overall, the month remained strong for the state’s tourism industry, with visitor arrivals and spending both seeing year-over-year growth. Acco.....»»
Pending Sales Showed Strength—Can That Continue?
By many measures, the housing market showed stability at the start of 2020. In February, construction numbers rose and sales surged, beginning the busy real estate season strong, and contributing to overall positive sentiment this year.....»»
Lululemon holds back forecast on virus uncertainty as results beat
Lululemon Athletica Inc beat analysts' estimates for quarterly results on Thursday, lifted by strong holiday season demand, but the athletic apparel maker did not provide a full-year forecast as the coronavirus outbreak fuels uncertainty......»»
MCU makers to embrace strong 2Q20 with brisk thermometer applications
Taiwan-based MCU firms, which all saw their February revenues surge over 20% on month thanks to strong demand for healthcare applications, are poised to enjoy brisk sales performance in the second quarter of 2020......»»
United Airlines bosses issue grim letter to employees, as airline expects slump in demand to last into peak summer season and affect worker paychecks
ASSOCIATED PRESS United Airlines CEO Oscar.....»»
Home Depot beats sales and profit estimates on housing market strength
Home Depot Inc beat quarterly sales and profit estimates on Tuesday, boosted by a strong U.S. housing market and demand during the holiday season......»»
2020 IPO List: Here are the companies to watch for
2020 IPO season is about to get started, and if experts are to be believed, then there will be strong demand for the initial public... The post 2020 IPO List: Here are the companies to watch for appeared first on ValueWalk......»»
China"s 2019 iron ore imports rise to second-highest ever
China's iron ore imports rose 0.47% in 2019 to hover just below their all-time annual peak, fueled by strong demand at steel mills and a second-half recovery in shipments from big miners after disruptions earlier in the year......»»
China"s 2019 iron ore imports edge up to second-highest on record
China's iron ore imports rose 0.47% in 2019 to hover just below their all-time annual peak, fueled by strong demand at steel mills and a second-half recovery in shipments from big miners after disruptions earlier in the year......»»
Apple stock hits all-time high and could keep growing, analysts say
Apple Inc.’s stock price hit an all-time high this week, closing at $289.80 per share on Friday amid high holiday season demand, strong performance beyond iPhone sales this year, and big expectations from Wall Street. The Cupertino-based consumer .....»»
U.S. trade deficit at 1-1/2-year low; labor market strong
The U.S. trade deficit dropped to its lowest level in nearly 1-1/2 years in October, suggesting trade could contribute to economic growth in the fourth quarter, though a fall in imports of consumer goods hinted at a slowdown in domestic demand......»»
Stocks open flat after strong start to holiday shopping season
Chinese factory activity improved ahead of a possible U.S. tariff hike on Chinese imports......»»
Best Buy signals robust holiday shopping demand with upbeat forecast
Best Buy Co Inc signaled it expected a strong holiday shopping season by forecasting fourth-quarter profit above Wall Street estimates on Tuesday, sending shares of the biggest U.S. consumer electronics retailer up over 8%......»»
Best Buy"s profit forecast points to robust holiday shopping demand
Best Buy Co Inc signaled it expected a strong holiday shopping season by forecasting fourth-quarter profit above Wall Street estimates on Tuesday, sending the shares of the biggest U.S. tech retailer up 5% in premarket trading......»»
Best Buy forecasts strong holiday-quarter profit; shares jump 5%
Best Buy Co Inc forecast fourth-quarter profit above Wall Street estimates on Tuesday, pointing to hopes of strong demand in the crucial holiday shopping season and sending the shares of the biggest U.S. tech retailer up nearly 5%......»»
Opto Tech sees strong demand for Si-based sensor chips
LED chip maker Opto Tech expects significant on-year sales growth in fourth-quarter 2019 - a traditionally off-season period - due to strong demand for Si-based sensor chips used in smartwatches and wristbands, and increased orders for LED displays......»»
China September crude oil imports rise on strong seasonal demand
China's crude oil imports in September rose 10.8% from a year earlier as refiners ramped up output amid stable profit margins and solid fuel demand......»»