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The Dow is under pressure after Apple lowers its quarterly sales outlook due to slowing iPhone sales in China, spooking stock .....»»

Apple Inc. posted a quarterly decline in both revenue and profit, the first time in more than a decade for the December quarter, underlining its need to reignite slowing iPhone sales and get more growth from services......»»

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.....»»

EBay shares slumped 10%, the worst decline since 2019, after outlook falls short of expectations and a Wedbush downgrade......»»

The companies' quarterly earnings reports that were otherwise strong detailed the problems created by the shortage of computer chips......»»

Good morning. Here are Friday's Five Things. Oregon sportswear giant disclosed its quarterly earnings Thursday, reporting $10.4 billion in earnings but a 10% decline in North American sales. Then there was a number it did not disclose: An unsp.....»»

Apple posted record quarterly pro.....»»

Apple Inc. posted its highest quarterly revenue total yet as the new iPhone 12 powered the company to its first $100-billion quarter in sales......»»

Apple Inc. posted its highest quarterly revenue total yet as the new iPhone 12 powered the company to its first $100-billion quarter in sales......»»

The county saw only 1,092 valid sales totaling $243.2 million in April – a 42% decline from the same month in 2019......»»

The financial pain from the coronavirus for state and local governments is just beginning. State sales tax revenue in April totaled about $2.6 billion, a 9.3% decline from revenue in April 2019, according to the Texas Comptroller of Public Accounts. "S.....»»

Shares of Blue Apron Holdings Inc slumped as much as 33% on Wednesday as the meal-kit company posted a steep decline in quarterly sales even after seeing a boost in orders from Americans confined to their homes amid coronavirus-led lockdowns......»»

Getty Goldman Sachs downgraded Apple shares to "sell" on Friday, citing the economic slump for a near-term decline in device sales. The bank lowered its price target for Apple shares to $233, implying a nearly 20% drop from Thursday's c.....»»

Ford Motor Co said on Monday it expects to post a pretax loss of about $600 million for the first quarter as the coronavirus outbreak pummeled its operations, resulting in a 21% drop in vehicle sales to dealers versus the same quarter in 2019......»»

McDonald's Corp posted a steeper-than-expected decline in first-quarter comparable store sales and the burger chain pulled its full-year forecast as coronavirus-led lockdowns forced it to shutter stores and stick to delivery or take-out......»»

With the exception of Cadillac, all major brands posted quarterly declinesRelated Stocks: GM,.....»»

The U.S. auto market has been in decline in recent years, with vehicle sales dropping from 17.4 million in 2015 to just over 17 million in 2019. Not all vehicles have been affected though. In fact,........»»

Department store chain Macy's Inc on Tuesday reported quarterly comparable sales that beat Wall Street estimates with the help of a smaller-than-feared decline in holiday sales.    Macy’s shares rose 7% in pre-market trade. .....»»

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.....»»

The Dow and S&P 500 fell on Tuesday after a sales warning from Apple left investors assessing the impact of the coronavirus outbreak on U.S. companies......»»