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US GDP blows past estimates despite slowdown in consumer spending

Adam Glanzman/Getty The US economy grew faster than expected in the first quarter, according to an advance estimate of gross domestic product from the Commerce Department. But GDP growth early this year slowed from the fourt.....»»

Category: topSource: businessinsiderApr 27th, 2018

U.S. retail sales, manufacturing data bolster third-quarter economic outlook

U.S. retail sales rose more than expected in July as households boosted purchases of motor vehicles and clothing, suggesting the economy remained strong early in the third quarter......»»

Category: topSource: reutersAug 15th, 2018

Turkey Must Act to Save Economy

Turkey’s economic growth slowed to 0.9 percent in the second quarter, official statistics showed on Monday, with further declines expected as the impact of the tumble in the value of the l.....»»

Category: topSource: livetradingnewsSep 10th, 2018

U.S. economic growth slows less than expected in third quarter

The U.S. economy slowed less than expected in the third quarter as a tariff-related drop in soybean exports was partially offset by the strongest consumer spending in nearly a four years and a surge in inventory investment......»»

Category: topSource: reutersOct 26th, 2018

Walmart"s third-quarter comparable sales top estimates, e-commerce jumps

Walmart Inc reported better-than-expected quarterly U.S. comparable sales on Thursday and raised its earnings outlook for the year as a strong economy boosted customer store visits and more grocery offerings helped e-commerce purchases......»»

Category: topSource: reutersNov 15th, 2018

Strong U.S. economy boosts Walmart"s third-quarter sales

Walmart Inc reported higher-than-expected quarterly U.S. comparable sales on Thursday and raised its full year outlook as a strong economy boosted customer store visits and e-commerce purchases grew as it sold more groceries online......»»

Category: topSource: reutersNov 15th, 2018

U.S. economic growth slows less than expected in fourth quarter

The U.S. economy slowed less than expected in the fourth quarter amid solid consumer and business spending, leaving 2018 growth just shy of the Trump administration's 3 percent annual target......»»

Category: topSource: reutersFeb 28th, 2019

U.S. economic growth slows moderately in fourth quarter

The U.S. economy slowed less than expected in the fourth quarter amid solid consumer and business spending, leaving 2018 growth just shy of the Trump administration's 3 percent annual target......»»

Category: topSource: reutersFeb 28th, 2019

U.S. economic growth slows in fourth quarter

The U.S. economy slowed less than expected in the fourth quarter. As Fred Katayama reports, the Trump administration just missed its 3 percent annual target......»»

Category: videoSource: reutersFeb 28th, 2019

What"s Going On With Logitech Shares Premarket Tuesday?

Logitech reported better than expected fourth-quarter results. Revenue up 5%, adjusted gross margin at 43.6%. FY25 outlook positive. read more.....»»

Category: blogSource: benzingaApr 30th, 2024

Stock market today: US indexes drop as 1st-quarter GDP growth comes in weaker than expected

The US economy grew at an annualized rate of 1.6% in the first three months of the year, badly lagging expectations of 2.4%. The US economy grew at an annualized rate of 1.6% in the first quar.....»»

Category: personnelSource: nytApr 25th, 2024

The US economy started the year much slower than expected

The US economy began 2024 with cooler growth than the forecast. In the first quarter of this year, real GDP rose at an annualized rate of 1.6%. Allen J.....»»

Category: personnelSource: nytApr 25th, 2024

Boeing 737 Max production delays expected to last a while longer

The jet maker's first-quarter earnings results were “less dire than expected,” one analyst said, as 737 Max deliveries slowed to a trickle in recent months amid a quality-control crisis......»»

Category: topSource: bizjournalsApr 25th, 2024

Japan’s economy slumps back into decline as COVID-19 hits spending

Japan’s economy shrank more than expected in the first quarter as a slow vaccine rollout and new COVID-19 infections hit spending on items such as dining out and clothes, raising concerns the country will lag others emerging from the pandemic......»»

Category: topSource: foxnewsMay 18th, 2021

Earnings Results: Roku stock surges after earnings, outlook top expectations

Shares of Roku Inc. jumped 9% in after-hours trading Thursday after the streaming company delivered better-than-expected results for its first quarter and issued an upbeat outlook for the current period......»»

Category: topSource: marketwatchMay 6th, 2021

Earnings Results: Roku stock gains after earnings, outlook top expectations

Shares of Roku Inc. were up 5% in after-hours trading Thursday after the streaming company delivered better-than-expected results for its first quarter and issued an upbeat outlook for the current period......»»

Category: topSource: marketwatchMay 6th, 2021

Earnings Outlook: Google’s earnings expected to be bright despite dark antitrust clouds

When Google parent Alphabet Inc. reports first-quarter earnings on Tuesday, the bottom-line should be stout with advertising sales. The same can't be said for its prospects on the regulatory front......»»

Category: topSource: marketwatchApr 23rd, 2021

Big Lots stock surges after profit beat, upbeat same-store sales outlook

Shares of Big Lots Inc. rallied 4.1% in premarket trading Friday, after the discount retailer reported a fiscal fourth-quarter profit that beat expectations and same-store sales that missed, amid a weaker-than-expected December, but pro.....»»

Category: topSource: marketwatchMar 5th, 2021

Despite record year in 2020, Sprouts will open fewer stores than expected in 2021

Sprouts Farmers Market Inc. put up record earnings numbers in 2020, despite the global pandemic that stalled the economy in most sectors. The Phoenix-based specialty grocer released its earnings for the fourth quarter and the full year of 2020 on.....»»

Category: topSource: bizjournalsFeb 26th, 2021

Macy"s forecasts upbeat 2021 sales

The upbeat outlook from the U.S. retailer follows better-than-expected sales in the holiday quarter as stimulus checks and strong online demand eased the blow from the health crisis......»»

Category: topSource: foxnewsFeb 23rd, 2021