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Victoria"s Secret parent L Brands raises quarterly guidance as sales get boost from stimulus, easing of COVID restrictions
Victoria's Secret parent L Brands Inc. said Friday it is raising its first-quarter per-share earnings guidance to reflect improved sales trends that it expect.....»»
Earnings Results: Home deliveries boost FedEx’s sales past $20 billion, profit nearly triples
FedEx Corp. blows past Wall Street expectations for its third quarter thanks to residential package deliveries and says demand for its services will remain 'very high.'.....»»
Earnings Results: Home deliveries boost FedEx’s sales past $20 billion, profit nearly doubles
FedEx Corp. blows past Wall Street expectations for its third quarter thanks to residential package deliveries and says demand for its services will remain 'very high.'.....»»
US retail sales plunge 3% as stimulus boost fizzles out
The decline missed the median estimate for a 0.5% drop and marks the fourth decline for retail sales in five months. Joe Raedle/Getty Images US retail sales declined 3% in February, t.....»»
Nokia signs patent license agreement with Samsung fpr video standards
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Walmart just announced record US sales, and it sees more stimulus checks bringing another "boost"
Walmart CFO Brett Biggs told CNBC that an.....»»
CVS Health quarterly sales rise 4% on pharmacy boost
However, the company’s profit fell in the quarter ended Dec. 31, hurt by higher costs at its health insurance unit......»»
Earnings Results: Take-Two earnings, outlook top Wall Street estimates on strong holiday quarter
Take-Two Interactive Software Inc. reported a better-than-expected outlook and results in the extended session Monday as sales gained a holiday boost during the COVID-19 pandemic but shares of the videogame publisher slipped after hours......»»
The Wall Street Journal: McKinsey reaches $573 million settlement with states over its work to boost OxyContin sales
Consulting giant McKinsey & Co. has reached a $573 million settlement with states over its work advising OxyContin maker Purdue Pharma LP and other drug manufacturers to aggressively market opioid painkillers, according to people familiar with the matter......»»
Strong US sales give McDonald’s a boost in 4th quarter, as drive-thru comes through for chain
Mc.....»»
How restaurants, bars are making Chiefs watch parties work amid Covid-19 restrictions
The Kansas City Chiefs' winning ways aren't just buoying fans' spirits. It's giving local restaurants a needed sales boost......»»
Pandemic-driven cleaning routines boost P&G sales forecast again
The company’s shares rose 1% before the opening bell after the Cincinnati-based conglomerate also said it would buy back up to $10 billion worth of shares in fiscal 2021, compared to $7 billion to $9 billion it expected earlier......»»
Tesla edges closer to launching sales in India by registering a company in the country
Tesla plans to launch operations in India, the world's fifth biggest car market, as the country is pushing for a boost in electric vehicle sales. Elon Musk speaking at the Satellite Conference and Exhibit.....»»
Oahu luxury home market closes 2020 with 16% Q4 boost in sales
While all price ranges recorded double-digit increases in sales, it was the homes selling for $4 million or more than saw the biggest increase, 80%, to 18 sales, from 10 sales in the fourth quarter of 2019, the report by Coldwell Banker Realty found......»»
In early Apple talks, Hyundai keeps mum on electric vehicle tie up report
A tie-up with Apple would be a major boost to the automaker, whose global sales last year fell more than 15%.....»»
: Busiest month on record for U.K. grocers as Champagne and salmon boost Amazon partner Morrisons
The boom in online grocery sales is global, with more than 60 million U.S. households placing on average 2.8 orders during November, driving a record $8.1 billion in sales......»»
Apple"s iPhone 12 sales exceed Wedbush"s "bull case scenario," expected to boost stock
Sales of Apple Inc.'s iPhone 12 have exceeded Wedbush's "bull case.....»»
Americans focused on nesting during the coronavirus pandemic help lift US holiday shopping sales
US holiday shopping got an online boost, led by an increase in home improvement and furniture sales, according to data released by Mastercard. Tashdique Mehtaj Ahmed/Getty.....»»
E-commerce giant Alibaba facing anti-monopoly probe in China
Chinese regulators on Thursday announced an anti-monopoly investigation of Alibaba Group, the world’s biggest e-commerce company by sales volume, stepping up the ruling Communist Party’s efforts to control fast-gro.....»»