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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......»»

Category: topSource: reutersFeb 13th, 2020

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 .....»»

Category: earningsSource: benzingaOct 31st, 2019

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......»»

Category: topSource: reutersOct 30th, 2019

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......»»

Category: topSource: reutersOct 23rd, 2019

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......»»

Category: topSource: reutersJun 13th, 2019

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......»»

Category: topSource: reutersApr 24th, 2019

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......»»

Category: topSource: reutersMar 21st, 2019

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......»»

Category: topSource: digitimesMar 15th, 2019

iPhone to see challenges in China

Apple, after reporting a robust fiscal third-quarter performance driven by strong sales of i.....»»

Category: topSource: digitimesAug 4th, 2018

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......»»

Category: topSource: foxnewsAug 31st, 2018

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......»»

Category: topSource: digitimesSep 5th, 2018

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.....»»

Category: worldSource: nytOct 30th, 2018

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......»»

Category: topSource: washpostOct 31st, 2018

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......»»

Category: topSource: washpostOct 31st, 2018

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.....»»

Category: worldSource: nytOct 31st, 2018

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.....»»

Category: earningsSource: benzingaNov 21st, 2018

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......»»

Category: topSource: digitimesDec 12th, 2018

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......»»

Category: topSource: reutersFeb 6th, 2019

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.....»»

Category: personnelSource: nytApr 23rd, 2024

"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.....»»

Category: blogSource: benzingaApr 21st, 2024