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Alibaba beats estimates on record Singles" Day sales
China's Alibaba Group Holding Ltd beat analysts' estimates for quarterly results on Thursday, driven by record sales during its annual Singles' Day shopping blitz and demand for its cloud computing business......»»
Lyft Scores Upgrade, Analyst Praise After Strong Q3
LYFT Inc (NASDAQ: LYFT) reported a significant third-quarter sales beat Wednesday that was driven by 28% growth in active riders and 27% growth in revenue per active rider. Contribution margins improved by .....»»
Starbucks earnings heat up on China expansion, digital and cold brews
Starbucks Corp beat Wall Street sales and revenue estimates on Wednesday, driven by new stores, digital ordering and delivery in China, and cold drinks in the United States......»»
Caterpillar cuts profit outlook as China sales slump
Industrial bellwether Caterpillar Inc fell short of Wall Street estimates for quarterly profit on Wednesday and cut its forecast for overall earnings in 2019, as it reported a 13% slide in Asia sales driven by weakening demand in China......»»
BMW affirms target to hike sales as China drives May deliveries
German luxury carmaker BMW affirmed its target to increase sales this year after group sales rose by 3.2% in May year-on-year, driven by strong demand from mainland China......»»
Hyundai Motor profit jumps as South Korea, U.S. sales offset China slump
South Korea's Hyundai Motor reported a better-than-expected 24 percent jump in net profit for the January-to-March quarter, as improved business at home and the United States helped offset weaker sales in China......»»
China Geely Auto"s full-year profit jumps 18 percent, shares climb
China's Geely Automobile Holdings posted an 18 percent jump in annual net profit, driven by higher sales of its sedans and sports utility vehicles (SUVs), but forecast flat sales growth in 2019 due to uncertainty about domestic demand......»»
Excellence expects growth in LED automotive lighting module shipments
LED automotive lighting module maker Excellence Optoelectronics has increased shipments to Tesla, while fellow maker Laster Tech has seen shipments to China decrease due to sluggish sales in the country's new car market, according to industry sources......»»
iPhone to see challenges in China
Apple, after reporting a robust fiscal third-quarter performance driven by strong sales of i.....»»
China manufacturing improves in August but sales weaken
A survey shows China's manufacturing activity improved in August but sales weakened amid a worsening tariff war with Washington......»»
Lens maker Newmax reports brisk sales for August
Optical lens maker Newmax Technology has reported revenues of NT$260 million (US$8.46 million) for August, up 17.6% sequentially and 316% on year, driven by strong component demand from handset makers in China......»»
Starbucks" (SBUX) Q4 Earnings: Americas, CAP Hold the Baton
Starbucks' (SBUX) results in fourth-quarter fiscal 2018 are likely to be driven by new store additions, positive global comparable store sales and robust performance of the China-Asia-Pacific segment. Starbucks Corporation SBUX is sch.....»»
Buoyed by truck sales, GM earnings sail past expectations
GM's earnings boost was driven by higher-priced truck and SUV sales in North America and China......»»
Buoyed by truck sales, GM earnings sail past expectations
GM's earnings boost was driven by higher-priced truck and SUV sales in North America and China......»»
Yum China"s (YUMC) Q3 Earnings Surpass Estimates, Stock Up
Yum China's (YUMC) third-quarter 2018 results were driven by system sales growth at KFC. Yum China Holdings, Inc. YUMC reported mixed third-quarter 2018 results, wherein earnings surpassed the Zacks Consensus Estimate but re.....»»
Best Buy Posts Strong Earnings Just In Time For Black Friday: The Sell-Side Reacts
Retailer Best Buy Co., Inc. (NYSE: BBY) reported better-than-expected third-quarter earnings Tuesday, driven by strong comps, improved services and significant same-store sales increases. The Analysts Piper Jaffray an.....»»
EOI, Laster affected by shrinking car sales in US, China
LED automotive lighting module makers Excellence Optoelectronics (EOI) and Laster Tech mainly rely on the US and China markets respectively and have been hit by decreased car sales in the two countries, according to industry sources......»»
Brewer Carlsberg sees lower growth ahead with China as bright spot
Danish brewer Carlsberg posted fourth-quarter sales above expectations on Wednesday, driven by a strong growth in China, but said it sees 2019 organic growth below last year's level......»»
iPhone Sales In China Tumble 19% In Worst Quarter Since 2020
iPhone Sales In China Tumble 19% In Worst Quarter Since 2020 Apple shares are margin.....»»
"Not Something Steve Jobs Would Probably Do": Gurman Says Apple Should Go Against The Grain And Lower iPhone"s Price Point
Apple is expected to see a year-over-year sales decline in the March quarter, as both its flagship iPhone and the crucial China market are facing challenges. read more.....»»