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Sales

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Amazon reports record-breaking holiday sales and earnings, but investors aren’t impressed

Amazon reports record-breaking holiday sales and earnings, but investors aren’t impressed Whole Foods could be an issue for Amazon’s sales growth, as sales in Amazon’s physical stores declined year-over-year in the holiday quarter. Amazon.com Inc. brought in $ 3 billion in profit thanks to … Continue reading at marketwatch.com Google Reports Earnings on Monday: 5 […]

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Mutual funds selling Apple stock over slowing iPhone sales

Mutual funds selling Apple stock over slowing iPhone sales NEW YORK: Major US growth mutual funds have been among the largest sellers of Apple shares over the past six months, fuelling speculation that the company’s days of supercharged growth have come to an end. Amid concerns that iPhone sales may be set to drop … […]

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Growth funds dumping Apple stock as iPhone sales seen sagging; value-managers moving in

Growth funds dumping Apple stock as iPhone sales seen sagging; value-managers moving in Amid concerns that iPhone sales may be set to drop, the $ 77.3 billion American Funds Capital World Growth & Income Fund (CWGIX.O) has sold all of its 1.7 million Apple shares since the end of June, according to Lipper data. The […]

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Truck sales push GM to 5.7% gain in December

Truck sales push GM to 5.7% gain in December General Motors finished 2015 with a 5.7% sales gain for December, pushed along by big demand for pickups and SUVs. GM was especially anxious to point out that it had an 8% gain in sales to individual customers, instead of corporate or rental car fleets … […]

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US Stocks Slip; GM and Ford Fall After Sales Reports

US Stocks Slip; GM and Ford Fall After Sales Reports U.S. stocks are inching mostly lower Tuesday as global markets stabilize a day after a plunge in China unsettled investors worldwide. Health care stocks were the biggest gainers as drugmakers moved modestly higher. KEEPING SCORE: The Dow Jones industrial … Continue reading at abcnews.go.com Newsletter […]

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Egypt’s central bank dollar sales total $7.6 bln in recent weeks, official says

Egypt’s central bank dollar sales total .6 bln in recent weeks, official says CAIRO: Egypt’s central bank has sold $ 7.6 billion in recent weeks to make it easier for importers pay for goods, an official told state news agency MENA on Tuesday, as a currency crisis and foreign exchange curbs that have hurt trade […]

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BlackBerry Reports a Jump in Software Sales

BlackBerry Reports a Jump in Software Sales OTTAWA — BlackBerry, the smartphone maker that is refocusing its operations on software sales, said on Friday revenue from that segment rose 119 percent in its most recent quarter. But the company’s net loss of $ 89 million, or 17 cents a share, during … Continue reading at […]

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What to Watch Tuesday: Bob Evans Earnings; Key Sales Reports

What to Watch Tuesday: Bob Evans Earnings; Key Sales Reports On Tuesday after the closing bell, we’ll hear from two major companies on the earnings front: Ascena Retail Group (ASNA – Get Report) and Bob Evans Farms (BOBE – Get Report). Ahead of the restaurant operator’s second-quarter fiscal 2016 earnings, analysts … Continue reading at […]

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