Great Wall may consider building cars in Europe once sales hit 50,000 a year: chairman

China's Great Wall Motor may consider building car manufacturing facilities in the European Union once its sales there hit 50,000 units a year, its chairman said, as part of a push to seek growth in overseas markets......»»

Category: topSource: reutersSep 11th, 2019

Ford November Sales Down 5% in Europe; Cars Weaker, SUVs Stronger

Ford reported November European sales Wednesday that were down 5.4% year over year. Passenger car sales tumbled while SUV and commercial vehicle sales continued to post solid gains......»»

Category: blogSource: 247wallstDec 12th, 2018

The Wall Street Journal: Apple loses another top exec — communications chief Steve Dowling

Apple Inc. said Wednesday its head of communications was leaving the company, the latest of several senior executive departures this year as the tech giant reorients its business amid flagging iPhone sales......»»

Category: topSource: marketwatchSep 18th, 2019

What"s eating General Mills? Snacks and a strong dollar

General Mills Inc. outperformed Wall Street profit estimates for its first fiscal quarter of the year, but sluggish demand in some of its biggest divisions pushed down sales. MarketWatch has an early report on the numbers from Golden Valley-based.....»»

Category: topSource: bizjournalsSep 18th, 2019

The Wall Street Journal: China industrial output, retail sales fall short of expectations

Value-added industrial output in China rose 4.4% in August from a year earlier, slower than the 4.8% increase in July, the National Bureau of Statistics said Monday......»»

Category: topSource: marketwatchSep 16th, 2019

Will 12-Year-Old Cars Cripple the Auto Industry?

The years when 17 million cars are sold in the United States could end this year. Based on current trends, there is a huge threat that sales levels will drop well below that in 2020......»»

Category: blogSource: 247wallstAug 29th, 2019

Smucker cuts full-year targets after first-quarter earnings disappoint

J. M. Smucker Co on Tuesday cut its full-year earnings forecast and missed Wall Street estimates for quarterly profit and sales, blaming competition in the pet food industry and its move to cut prices on its peanut butter and coffee......»»

Category: topSource: reutersAug 27th, 2019

European Electric Vehicle Sales Jump by 34% in First Half of 2019

Electric vehicle sales rose by more than a third in Europe during the first half of this year, led primarily by strong sales of Tesla's Model 3......»»

Category: blogSource: 247wallstAug 22nd, 2019

WeWork populates rankings of city’s largest property sales and office leases

WeWork’s purchase of the Lord & Taylor building at 424–434 Fifth Ave. was not the largest property sale to close in the first half of this year. But it was the second largest, which along with the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 21st, 2019

Target quarterly same-store sales beat, raises full-year profit forecast

Target Corp beat Wall Street estimates for quarterly same-store sales on Wednesday, as the big box retailer benefited from higher online sales and an increase in shoppers at its stores, sending shares up 5% in pre-market trading......»»

Category: topSource: reutersAug 21st, 2019

U.S. whiskey exporters struggle after year of EU tariffs

When Europe's tariffs on U.S. whiskey hit in June 2018, craft distillery Mountain Laurel Spirits LLC lost 10% of its sales overnight as its European distributor simply stopped buying its award-winning Dad's Hat Pennsylvania Rye Whiskey......»»

Category: topSource: reutersAug 18th, 2019

Deere cuts full-year earnings forecast after profits miss estimates

Deere & Co.'s third-quarter earnings on Friday missed Wall Street estimates, hurt by the U.S.-China trade war that has dented the demand for farm equipment, forcing the company to revise down its full-year profit and sales growth forecasts......»»

Category: topSource: reutersAug 16th, 2019

China July new energy cars sales down

China-based makers produced 84,000 new energy vehicles and sold 80,000 units in July, decreasing 6.9% and 4.7% respectively on year, according to China Association of Automobile Manufacturers (CAAM)......»»

Category: topSource: digitimesAug 16th, 2019

Banks Slash Trader Bonuses As Wall Street Braces For Recession

Even the Wall Street traders who survived this year's cull of front-office personnel won't escape the great bulge-bracket bank retrenchment of 2019 uns.....»»

Category: blogSource: zerohedgeAug 7th, 2019

BNY Mellon"s PA chair, Covetro exec join Pittsburgh Promise board

The Pittsburgh Promise announced two new board members who will serve 3-year terms. They are Eric Boughner, chairman of BNY Mellon Pennsylvania and Aleta Richards, senior vice president of sales and market development at Covestro LLC. Their first bo.....»»

Category: topSource: bizjournalsAug 2nd, 2019

Pinterest beats revenue on user addition, lifts 2019 sales forecast

Pinterest Inc raised its full-year sales forecast and reported second-quarter revenue above Wall Street estimates on Thursday, as the online scrapbook company added more users, sending its shares up 12% in extended trading......»»

Category: topSource: reutersAug 1st, 2019

The Wall Street Journal: Huawei reports sales rise even after U.S. blacklisting

Huawei Technologies Co. said its first-half revenue rose 23.2% from a year earlier, as the technology giant appeared to shrug off the impact of a U.S. supplier blacklisting......»»

Category: topSource: marketwatchJul 30th, 2019

London Bust: Greenwich Real Estate Sales Plunge 20% In A Year

The London property bust continues to gain momentum. Knight Dragon, a Hong Kong real estate developer, is building 15,000 homes a.....»»

Category: blogSource: zerohedgeJul 28th, 2019

Starbucks stock pops on earnings beat, sales growth in U.S., China

Shares of Starbucks Corp. gain nearly 6% in the extended session Thursday after the company reports fiscal third-quarter profit and sales above Wall Street expectations and raises guidance for the year......»»

Category: topSource: marketwatchJul 25th, 2019

Starbucks stock rallies after company tops views, raises guidance

Shares of Starbucks Corp. gain nearly 6% in the extended session Thursday after the company reports fiscal third-quarter profit and sales above Wall Street expectations and raises guidance for the year......»»

Category: topSource: marketwatchJul 25th, 2019

Unilever second-quarter sales slip as wet weather hits Europe

Consumer goods giant Unilever Plc reported slightly weaker-than-expected quarterly underlying sales growth on Thursday, hit by wet weather in Europe and moderating growth in India, but kept its full-year sales target intact......»»

Category: topSource: reutersJul 25th, 2019