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Nike revenue rises by 5 percent, net income falls as North American sales continue to lag

Nike delivered a better-than-expected earnings report with higher revenue and "beat-The-Street" earnings figures. However, its net earnings figures fell as the company continued to post slower North American figures. The company released the figures .....»»

Category: topSource: bizjournalsDec 21st, 2017

UltraTech Cement Q2 profit falls 28% to Rs 431 cr due to higher expenses

Revenue from operations on a standalone basis rose 6.1 percent to 65.71 billion rupees.....»»

Category: topSource: business-standardOct 18th, 2017

Dutch company AkzoNobel profit falls 24 pct in tough market

Dutch paints and chemicals company AkzoNobel says its net profit fell by 24 percent in the third quarter to 216 million euros ($254 million) as higher raw material costs and unfavorable exchange rates canceled out a slight rise in revenue......»»

Category: topSource: foxnewsOct 18th, 2017

Report: Nevada gambling revenue falls 1.7 percent in July

Nevada gambling revenue last month fell 1.7 percent over the same period a year ago due to a drop in baccarat winnings and a tough comparison with a strong July 2016, when casinos statewide crossed the psychologically important $1 billion threshold......»»

Category: topSource: foxnewsAug 30th, 2017

Tribune Media"s quarterly revenue falls 2.1 percent

(Reuters) - U.S. broadcaster Tribune Media Co , which agreed to be bought by Sinclair Broadcast Group Inc in May, reported a 2.1 percent fall in quarterly revenue, hurt by slower growth in its television and entertainment business......»»

Category: topSource: reutersAug 9th, 2017

Twitter Falls As User Growth Remains Stagnant

Twitter Inc (NYSE: TWTR) reported Thursday morning its second-quarter results, which sent the stock tumbling lower by 8 percent. The company earned $0.08 per share in the quarter on revenue of $573.9 million; Wall Street.....»»

Category: earningsSource: benzingaJul 27th, 2017

Citigroup profit falls 3 percent as expenses rise, trading dips

(Reuters) - Citigroup Inc reported a 3.2 percent decline in quarterly profit as expenses rose and trading revenue fell from Brexit vote-boosted levels a year earlier......»»

Category: topSource: reutersJul 14th, 2017

Mid-Day Market Update: Skechers USA Falls After Weak Q2 Guidance; Ericsson Shares Climb

Midway through trading Friday, the Dow traded down 0.30 percent to 24,589.94 while the NASDAQ declined 0.56 percent to 7,197.30. The S&P also fell, dropping 0.31 percent to 2,684.69. read more.....»»

Category: blogSource: benzingaApr 20th, 2018

GE Power revenue falls less than expected, but "challenging" conditions continue

General Electric Co.'s stock shot up 5.1% ahead of Friday's open, on the back of better-than-expected first-quarter results, although the company said it sees continued challenges for its power business, which surprisingly was its biggest .....»»

Category: topSource: marketwatchApr 20th, 2018

Facebook to put 1.5 billion users out of reach of new EU privacy law

That removes a huge potential liability for Facebook, as the new EU law allows for fines of up to 4 percent of global annual revenue for infractions.....»»

Category: topSource: business-standardApr 19th, 2018

Mid-Day Market Update: Sears Hometown and Outlet Stores Falls Following Q4 Results; Bio-Path Shares Surge

Midway through trading Thursday, the Dow traded down 0.25 percent to 24,685.64 while the NASDAQ declined 0.69 percent to 7,244.81. The S&P also fell, dropping 0.55 percent to 2,693.72. read more.....»»

Category: blogSource: benzingaApr 19th, 2018

Buffalo labor market keeps pacing higher

The Buffalo-Niagara Falls area again saw a rise in employment with March figures showing 7,600 jobs were added in the private sector compared to the same month last year, a growth rate of 1.6 percent. That marks the third consecutive monthly increa.....»»

Category: topSource: bizjournalsApr 19th, 2018

UPDATE: Philip Morris shares slide 4% after revenue falls short of estimates

Tobacco giant Philip Morris International Inc. shares slid 4% in premarket trade Thursday, after the company's first-quarter revenue fell short of estimates. The Marlboro distributor said it had net income of $1.556 billion, or $.....»»

Category: topSource: marketwatchApr 19th, 2018

Philip Morris tops profit estimates but revenue falls short

Tobacco giant Philip Morris International Inc. said Thursday it had net income of $1.556 billion, or $1.00 a share, in the first quarter, d.....»»

Category: topSource: marketwatchApr 19th, 2018

Sleep Number stock falls on revenue miss

Sleep Number Corp. shares fell nearly 10% in the extended session Wednesday after the company missed revenue expectations. Sleep Number stock fell 1.2% to $36.51 during the regular session. The company .....»»

Category: topSource: marketwatchApr 18th, 2018

Startup with Portland ties lands $17M marijuana business venture round

Green Bits, which is sometimes referred to as the "Square for pot businesses," says its revenue has jumped 214 percent in the past year......»»

Category: topSource: bizjournalsApr 18th, 2018

Mid-Afternoon Market Update: Badger Meter Falls On Earnings Miss; Seadrill Shares Surge

Toward the end of trading Wednesday, the Dow traded down 0.03 percent to 24,780.11 while the NASDAQ climbed 0.41 percent to 7,310.57. The S&P also rose, gaining 0.27 percent to 2,713.72. read more.....»»

Category: blogSource: benzingaApr 18th, 2018

Cannabiz software startup looks to grow in San Jose with $17M in new funding

The company, which is sometimes referred to as the "Square for pot businesses," says its revenue has jumped 214 percent in the past year and it now processes over $2.2 billion in sales annually at about 1,000 dispensaries in 12 states......»»

Category: topSource: bizjournalsApr 18th, 2018

Morgan Stanley profit jumps 40 percent on trading boost

(Reuters) - Morgan Stanley reported a 40 percent jump in quarterly profit on Wednesday, helped by lower income tax rate and a rise in trading revenue due to increased market volatility......»»

Category: topSource: reutersApr 18th, 2018

IBM stock drops as full-year forecast falls short

International Business Machines Corp (IBM.N) reported full-year profit forecast that missed Wall Street expectations, sending the shares of the company down 6 percent in extended trading......»»

Category: topSource: moneycentralApr 17th, 2018