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 Apple iPhone maker Foxconn approved to resume China plant production: source

Apple iPhone maker Foxconn has received Chinese government approval to resume production at a key plant in the southern city of Shenzhen, a source with direct knowledge of the situation told Reuters late on Monday......»»

Category: topSource: foxnewsFeb 10th, 2020

Top Apple iPhone maker Foxconn restarts key China plant with 10% of workers: source

Apple's biggest iPhone maker Foxconn got approval to resume production at a key plant in China after being forced to shut it following the coronavirus outbreak, but only 10% of the factory's workforce has managed to return so far, a source told Reuters......»»

Category: topSource: reutersFeb 10th, 2020

iPhone maker Foxconn is warning workers in Shenzhen to stay home as it diverts production to face masks amid coronavirus outbreak (AAPL)

Reuters Major Apple manufacturer Foxconn is diverting part of its production line to make medical masks and clothing, rather than the usual iPhone parts, in its Shenzhen fa.....»»

Category: topSource: businessinsiderFeb 7th, 2020

Canada Goose"s stock tumbles after revenue outlook slashed as coronavirus has "material negative impact"

The U.S.-listed shares of Canada-based Canada Goose Holdings Inc. tumbled 9.6% in premarket trading Friday, after the luxury apparel company beat fiscal third-quarter profit expectations but lowered the full-year outlook, citing a "material negative imp.....»»

Category: topSource: marketwatchFeb 7th, 2020

Suzuki considers China supply options, third-quarter profit falls 11%

Suzuki Motor Corp said on Friday it was considering sourcing vehicle components from outside China, as the spread of a new coronavirus in the country threatens to disrupt vehicle production in its biggest market, India......»»

Category: topSource: reutersFeb 7th, 2020

Dow Jones Newswires: ING profit tumbles, missing forecasts

ING Groep NV on Thursday reported a significant fall in net profit for the fourth quarter of 2019, reflecting increases in risk costs, expenses and effective tax rate......»»

Category: topSource: marketwatchFeb 6th, 2020

Foxconn Extends Delay, Won"t Restart iPhone Production Until Late February

Foxconn Extends.....»»

Category: blogSource: zerohedgeFeb 5th, 2020

ConocoPhillips misses profit expectations, adds $10 billion to stock buyback program

Shares of ConocoPhillips was little changed in premarket trading Tuesday, after the oil production company reported a fourth-quarter profit that fell more than expected but announced a $10 billion increase to its s.....»»

Category: topSource: marketwatchFeb 4th, 2020

Exclusive: Outbreak to hit iPhone output if China extends Foxconn factory halt - source

Foxconn could see a "big" production impact and shipments to customers including Apple face disruption if a Chinese factory halt due to the coronavirus outbreak extends into a second week, a person with direct knowledge of the matter said......»»

Category: topSource: reutersFeb 3rd, 2020

Foxconn says plans in place to meet production obligations after virus outbreak

TAIPEI - Apple Inc supplier Foxconn said it could continue to meet all manufacturing obligations in the wake of a coronavirus outbreak in China even as the iPhone maker flagged uncertainty created by the disease......»»

Category: topSource: reutersJan 29th, 2020

Wuhan coronavirus won’t affect iPhone production, according to Apple’s China manufacturer Foxconn (AAPL)

Reuters/Bobby Yip/Files The coronavirus outbreak has not impacted Foxconn's production schedules, the company told The Verge on Tuesday. .....»»

Category: topSource: businessinsiderJan 28th, 2020

Five Below"s stock tumbles after profit, sales warning as holiday sales disappoint

Shares of Five Below Inc. plummeted 18% toward a one-year low in premarket trading Monday, after the discount retailer warned of a fourth-quarter profit and sales shortfall, citing di.....»»

Category: topSource: marketwatchJan 13th, 2020

TSMC to start 5nm chip production for iPhone in 2Q20, says report

TSMC will remain the sole foundry partner of Apple for the chips for its 2020 iPhone series, and volume production using 5nm EUV process will kick off by the end of second-quarter 2020, according to a Chinese-language Commercial Times report......»»

Category: topSource: digitimesJan 1st, 2020

Toro"s stock tumbles after lawn mower maker beat profit expectations but missed on sales

Shares of Toro Co. sank 7.8% in afternoon trading Wednesday, after the maker of lawn mowers and snow blowers reported a fiscal first-quarter profit that beat expectations but sales that came up short. The st.....»»

Category: topSource: marketwatchDec 18th, 2019

Cubic"s stock tumbles after earnings miss prompts J.P. Morgan downgrade

Shares of Cubic Corp. sank 15% in premarket trading Thursday, after the systems-integration technology provider for the transportation and defense industries reported a fiscal fourth-quarter profit that missed expectations and provided a.....»»

Category: topSource: marketwatchNov 21st, 2019

Amazon"s stock tumbles after profit misses forecast

Amazon reported third-quarter earnings Thursday that missed on profit but exceeded Wall Street’s revenue expectations, with sales getting a boost from the lure of Prime Day sales and one-day shipping......»»

Category: topSource: moneycentralOct 24th, 2019

Amazon"s stock tumbles after profit misses forecast

Amazon reported third-quarter earnings Thursday that missed on profit but exceeded Wall Street’s revenue expectations, with sales getting a boost from the lure of Prime Day sales and one-day shipping......»»

Category: topSource: moneycentralOct 24th, 2019

Tesla shares soar 21% as surprise profit answers skeptics

Tesla Inc on Wednesday surprised investors by posting a profitable third quarter, boosted by record deliveries, cost cuts and improved production schedules for its new electric vehicle model, causing shares to soar in after-market trading......»»

Category: topSource: reutersOct 23rd, 2019

Tesla"s Stock Surges After Big Q3 Profit Beat; Says Trial Production Underway In Shanghai

Tesla Inc (NASDAQ: TSLA) posted adjusted third-quarter earnings of $1.86 per share against a consensus estimate of a 42 cent per-share loss on Wednesday afternoon. Sales of $6.3 billion missed the $6.34-billion Street estimate. read more.....»»

Category: blogSource: benzingaOct 23rd, 2019

Tesla surprises with quarterly profit on record deliveries, shares up 21%

Tesla Inc on Wednesday surprised investors by posting a profitable third quarter, boosted by record deliveries, cost cuts and improved production schedules for its new electric vehicle model, causing shares to soar in after-market trading......»»

Category: topSource: reutersOct 23rd, 2019