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Volatility knocks Blackstone profit less than feared

Blackstone Group's quarterly profit dropped 19 percent amid the stock market slump. But as Fred Katayama reports, the alternative assets manager still beat analysts' expectations......»»

Category: videoSource: reutersApr 19th, 2018

Thor Industries Slides Amid Weaker Profit, Cloudy Forecast

Thor Industries shares slid 7% in premarket trading after reporting weaker sales and profits in the most recent quarter after it cut production and took other actions to balance dealer inventory levels.....»»

Category: smallbizSource: wsjSep 20th, 2018

Slowing online sales hurt Best Buy"s second quarter, shares drop

Best Buy Co Inc on Tuesday reported a drop in quarterly online sales growth and offered a profit forecast for the current quarter that fell short of analyst estimates, sending its shares down more than 7 percent in late morning trading......»»

Category: topSource: reutersAug 28th, 2018

Gap"s namesake brand posts disappointing sales; shares fall

Apparel retailer Gap Inc's namesake brand reported a bigger-than-expected drop in quarterly same-store sales, overshadowing strength in revenue and profit beat and pushing the company's shares down nearly 7 percent in after-market trading on Thursday......»»

Category: topSource: reutersAug 23rd, 2018

Gap"s shares fall as namesake brand sales disappoint

Gap Inc's namesake brand reported a bigger-than-expected drop in quarterly same-store sales that outweighed revenue and profit beat and pushed the company's shares down nearly 7 percent in after-market trading on Thursday......»»

Category: topSource: reutersAug 23rd, 2018

HP Inc quarterly profit jumps 26 percent

HP Inc , which houses the hardware business of former Hewlett-Packard Co, reported a 26.4 percent rise in quarterly profit on Thursday, due to strength in its personal systems that sells notebooks and desktops......»»

Category: topSource: reutersAug 23rd, 2018

Target"s second-quarter profit, sales top estimates, shares soar

Target Corp reported quarterly sales and profit that beat estimates as a strong economy lifted customer visits to the most in a decade, sending its shares up more than 5 percent......»»

Category: topSource: reutersAug 22nd, 2018

Encouraged by online sales, Nordstrom raises full-year profit forecast

Upscale department store Nordstrom Inc saw its shares soar as much as 14 percent in after-hours trading on Thursday, after reporting better-than-expected quarterly same-store sales growth, as more people shopped at its online stores......»»

Category: topSource: reutersAug 16th, 2018

Margin worries send Macy"s shares tumbling after profit beat

Macy's Inc on Wednesday said its gross margins would shrink in the fall season as delivery expenses rise, overshadowing a quarterly sales and profit beat and sending shares down more than 13 percent......»»

Category: topSource: reutersAug 15th, 2018

Macy"s raises full-year forecast, investors lock gains

Macy's Inc on Wednesday reported a surprise rise in quarterly same-store sales and raised its full-year forecasts, but its shares fell 9 percent with some analysts attributing the drop to profit taking following the stock's run-up this year......»»

Category: topSource: reutersAug 15th, 2018

New York Times digital subscriber growth slows, shares drop

The New York Times Co reported a better-than-expected quarterly profit but the company added fewer paid digital subscribers, sending its shares down about 5 percent in premarket trading......»»

Category: topSource: reutersAug 8th, 2018

CVS Health profit beats on higher prescription drug sales

Drugstore retailer CVS Health Corp's adjusted quarterly profit topped analyst estimates on Wednesday as it sold more prescription drugs at its stores, sending its shares up 3.4 percent in premarket trading......»»

Category: topSource: reutersAug 8th, 2018

SoftBank boost earnings with tech investment sales

Japan’s SoftBank reported a near 50 percent jump in quarterly profit, boosted by the sale of its stake in Indian e-commerce giant Flipkart and most of the company's Chinese operations of ARM Holdings. Thuy Ong reports......»»

Category: videoSource: reutersAug 6th, 2018

Berkshire Hathaway profit surges as economy gives Buffett a boost

Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, on Saturday said quarterly operating profit rose 67 percent, as insurance underwriting rebounded and several business units benefited from a growing economy......»»

Category: topSource: reutersAug 4th, 2018

Dish results beat estimates, shares jump 14.5 percent

Dish Network Corp reported better-than-expected quarterly profit and revenue on Friday, as the company lost fewer satellite TV subscribers than expected and said it was on track to build the first phase of its wireless network......»»

Category: topSource: reutersAug 3rd, 2018

Dish results beat estimates, shares jump 12 percent

Dish Network Corp reported better-than-expected quarterly profit and revenue on Friday, as the company lost fewer satellite TV subscribers than expected and said it was on track to build the first phase of its wireless network......»»

Category: topSource: reutersAug 3rd, 2018

Kraft Heinz tops estimates as higher pricing boosts U.S. sales

Velveeta cheese maker Kraft Heinz Co topped quarterly profit and revenue estimates as the company raised prices of its products and posted higher-than-expected sales in the United States, sending its shares up 7 percent in premarket trading......»»

Category: topSource: reutersAug 3rd, 2018

Toyota logs record 1Q profit, cuts full year sales outlook

Toyota Motor Corp. has reported its quarterly profit climbed 7.2 percent, helped by strong sales in the U.S. and other overseas markets......»»

Category: topSource: foxnewsAug 3rd, 2018

Toyota logs record 1Q profit, cuts full year sales outlook

Toyota Motor Corp. has reported its quarterly profit climbed 7.2 percent, helped by strong sales in the U.S. and other overseas markets......»»

Category: topSource: moneycentralAug 3rd, 2018

Toyota books best quarterly profit in 2.5 years on higher Asia sales

Toyota Motor Corp on Friday posted a 19 percent profit jump for the first quarter, beating estimates and clocking its best quarterly performance in two-and-a-half years on the back of higher sales and cost reductions in Asia......»»

Category: topSource: reutersAug 3rd, 2018