Financial Performance

Qatar Airways announces $69 million revenue loss this year

Sep 19, 2018

Qatar Airways announces $69 million loss this year off revenue of $11.5 billion amid boycott of Doha by Arab quartet

FedEx downplays US-China trade spat's impact on its business

Sep 17, 2018

FedEx is reporting that quarterly profit is up 40 percent from a year ago, to $835 million, but the results are below Wall Street expectations

US retail sales up just 0.1 pct. after previous strong gain

Sep 14, 2018

US retail sales up 0.1 pct. in August, weakest gain in 6 months, as auto, clothing sales fall

Sears sales decline improved in latest quarter; shares soar

Sep 13, 2018

Sears Holdings Corp., the struggling department store operator, said it key sales figure improved and its stock soared in after-hours trading.

Markets Right Now: Technology companies lead indexes higher

Sep 13, 2018

Stocks are closing higher on Wall Street as technology companies rose following a recent bout of weakness.

New Zealand dairy giant posts loss after China stake sours

Sep 13, 2018

New Zealand's largest company, which sells dairy products, says it will completely review its business after a disastrous financial year saw it post its first-ever loss

Calling teen vaping 'epidemic,' officials weigh flavor ban

Sep 12, 2018

The U.S. Food and Drug Administration says teenage use of e-cigarettes has reached "epidemic" levels in the U.S. and called on manufacturers Wednesday to address the problem or have their products pulled off the market

Apple expected to unveil bigger, pricier iPhone on Wednesday

Sep 11, 2018

Apple expected to expand iPhone line-up with biggest, expensive model yet along with cheaper alternatives

Lego earnings hurt by Toys R Us closures

Sep 4, 2018

Lego says its revenue dipped in the first half of 2018, with business in North America hurt by changes in the retail industry such as the bankruptcy of store chain Toys R Us.

Abercrombie & Fitch's 2Q sales fall short; shares drop

Aug 30, 2018

Abercrombie & Fitch Co. has reported second-quarter sales that fell short of Wall Street estimates, hurt by its Hollister division selling out of its summer clothing too soon in an unusually hot summer in Europe

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