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Cisco Systems Inc. has started a new round of job cuts as the networking-equipment maker faces the prospect of slowing sales growth because of global economic uncertainty......»»

French carmaker PSA Group said first-quarter revenue fell 1.1 percent, as sales continued to decline in China and were also impacted by the Peugeot maker's withdrawal from Iran......»»

Caterpillar Inc on Monday missed quarterly earnings estimates, hurt by soft Chinese demand, higher manufacturing and freight costs, sending shares of the heavy machinery maker tumbling as much as 10 percent......»»

Shares of Mattel Inc. fell less than 1% in the extended session Tuesday after the toy maker beat Wall Street expectations for its fourth quarter and said it continued to be "mindful" of COVID-related "volatility and other macro-economic uncertainties.".....»»

As the holiday package crunch arrives after a year of increasing online purchases during COVID-19 lockdowns, FedEx Corp. on Thursday reported record quarterly sales that topped $20 billion for the first time and earnings that doubled from last year......»»

Athletic apparel maker Under Armour Inc on Monday reported a 23% fall in quarterly revenue, as retailers across the world remained shut due to the COVID-19 pandemic......»»

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......»»

Adidas reported a 93% plunge in first-quarter profit and sales off 19%, missing forecasts, as lockdowns forced the German sportswear maker and other retailers to close stores......»»

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,.....»»

China Car Sales Crash 80% As Virus Paralyzes Auto Industry Car sales in China fell 80% YoY in February, the sharpest monthly decline in nearly two decades amid the Covid-19 epidemic kep.....»»

A round of job cuts is coming to Cisco Systems Inc. as the company — and nearly all of the rest of the tech industry — faces uncertain economic prospects for the near future. The Wall Street Journal reports that the networking equipment maker is p.....»»

Analysts warn Apple's closure of sales in China may lead to little or no sales in a key market while the country fights the coronavirus......»»

Except Cadillac, all major brands posted quarterly decline in ChinaRelated Stocks: GM,.....»»

Telecoms equipment maker Ericsson beat quarterly core earnings expectations on Thursday and lifted its market forecast for this year and its sales target for 2020, saying demand for superfast 5G networks was taking off earlier than expected......»»

Telecoms equipment maker Ericsson reported quarterly core earnings well ahead of market expectations on Thursday and lifted its 2020 sales target citing a stronger 5G market and currency effects......»»

Telecoms equipment maker Ericsson reported quarterly core earnings far ahead of market expectations on Thursday and lifted its 2020 sales target citing a stronger market and currency effects......»»

An increase in Caterpillar's global sales is powered by a 9% jump in heavy equipment sales in North America and a 20% rise in Latin America, which offset a decline in China and in the Asia/Pacific region as a whole......»»

Dutch health technology company Philips on Monday reported a better-than-expected 6% rise in comparable sales for the second quarter, helped by strong demand for its hospital equipment in China and the United States......»»

Cisco Systems Inc reported better-than-expected quarterly earnings on Wednesday and gave an upbeat sales forecast for the current period, as its reduced exposure to China is expected to cushion any blows from an ongoing trade war......»»