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Microsoft cloud revenue regains momentum, sending profit above Street estimates
Microsoft Corp on Wednesday reported quarterly sales and profit that beat Wall Street expectations, driven by the first acceleration of Azure cloud computing revenue growth in eight quarters amid a pitched battle with Amazon.com Inc’s cloud unit......»»
CarMax reports Q3 used unit sales in comparable stores increased 7.5%
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.....»»
L Brands CEO Les Wexner under pressure as Victoria"s Secret parent reports earnings
Wexner’s leadership at L Brands has drawn scrutiny in recent months amid a sales slump at Victoria’s Secret, as well as his personal ties to the late sex offender Jeffrey Epstein......»»
VW lowers 2019 sales outlook as demand cools
Volkswagen has cut its outlook for the year amid cooling global demand for cars, but buoyant demand for its Porsche and Skoda brands helped lift group earnings. Julian Satterthwaite reports......»»
Dow Jones Newswires: Daimler reports higher revenue and earnings
Daimler said it continues to expect unit sales in 2019 at the previous year’s level and revenue to be slightly above the prior year......»»
Deere spends "billions" to boost leases amid slowing sales, WSJ reports
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.....»»
Nintendo Switch passes 10M unit sales in Europe, Eurogamer reports
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.....»»
GM sales plummet in China
General Motor's quarterly vehicle sales in China plunged over 17%. As Fred Katayama reports, the automaker was hit hard by the slowing economy amid the U.S.-China trade war and heightened competition......»»
Alibaba to stop sales of e-cigarette components in United States
Chinese e-commerce firm Alibaba said on Wednesday it will stop selling e-cigarette components in the United States, amid growing regulatory scrutiny and reports of lung disease and some deaths linked to vaping......»»
Kroger, Walgreens to stop sales of e-cigarettes amid U.S. vaping crackdown
Kroger Co and Walgreens Boots Alliance Inc said on Monday they would stop selling e-cigarettes at their stores, amid heightened regulatory scrutiny of the product and reports of lung disease and some deaths linked to vaping......»»
CarMax reports Q2 used unit sales in comparable stores increased 3.2%
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.....»»
CarMax reports Q2 total used unit sales rose 6.2%
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 to stop sales of e-cigarettes in U.S. stores: company memo
Walmart Inc told staff on Friday it will stop selling e-cigarettes and electronic nicotine delivery products at its U.S. stores, amid a growing crackdown on surging teenage use of such products, reports of vaping-related lung disease and some deaths......»»
Report: Apple R&D spending hits record high amid slumping iPhone sales
With iPhone sales down, Apple Inc. is investing more money than ever before into research and development, CNBC reports. The Cupertino company spent $4.2 billion on R&D in the quarter ending in June, more than in any other quarter. Apple spent a hi.....»»
Report: Apple R&D spending hits record high amid slumping iPhone sales
With iPhone sales down, Apple Inc. is investing more money than ever before into research and development, CNBC reports. The Cupertino company spent $4.2 billion on R&D in the quarter ending in June, more than in any other quarter. Apple spent a hi.....»»
Kraft Heinz pulls back on asset sales amid tepid interest, CNBC reports
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.....»»
Fastenal (FAST) Stock Down on Q2 Earnings and Sales Miss
Fastenal (FAST) reports unimpressive Q2 results, as higher unit sales and notable contributions from industrial vending, Onsite locations, and construction are offset by sl.....»»
BLU maker Radiant reports increased sales for June
Backlight unit (BLU) maker Radiant Opto-Electronics has reported revenues of NT$4.465 billion (US$143.14 million) for June, up 12.1% on month and 14.7% on year......»»
Fiat Chrysler U.S. reports best June retail sales in 14 years, stock gains
Fiat Chrysler Automobiles N.V. said Tuesday its U.S. unit, FCA U.S. LLC, reported its.....»»