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Tag Archives: Inventory

US inventory sales fell more-than-expected in June

US. Home sales fell more-than-expected in June as persistent property shortages drove prices to a record high, suggesting that the real estate market has been barely recovering since the collapse of a soft spot last year. Existing property sales fell 1.7% last month to a seasonally adjusted annual rate of 5.27 million units. The sales pace in May was raised …

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CannTrust's inventory drops after finding that the cannabis inventory is not compliant

US listed shares of CannTrust Holdings Inc. CTST, + 0.00% plummeted 20% on premarket trading Monday after the Canadian-based cannabis company declared its greenhouse facility in Pelham, Ontario, to be approved by regulators was classified as non-compliant. The stock is expected to open at the lowest price since October 2017 in the regular session hours. "The non-compliant assessment is based …

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Iran promises to "go beyond" the inventory limits for nuclear agreements "soon", as European efforts are insufficient

President Hassan Rouhani hears statements on new nuclear achievements at a National Nuclear Day ceremony in Tehran on this April 9, 2018 photo, published by an official website of the Iranian Presidency. (Iranian Presidency via AP) MANAMA, Bahrain – European efforts to persuade Iran to push itself to the limits of the nuclear agreement have been inadequate, and the country …

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Huawei built a chip inventory for a year, pending a ban

Huawei prepares for a day when it is no longer possible to procure US parts and components, and begins stocking some of the components worth about a year. This proved correct given the Trump Administration's decision to put the company on the Entities List of the Commerce Department. Upon expiration of the current three-month temporary license, Huawei requires US government …

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Stamps.com separates from the US Postal Service and inventory has fallen by nearly 50%

The Stamps.com Inc. stock plunged late on the trading day, falling nearly 50% after announcing that an exclusive agreement with the US Postal Service would not be renewed. Stamps.com STMP, -2.00% predicted a sharp decline in its financial results in its earnings report for the fourth quarter on Thursday afternoon in 2019, and then stated in a conference call why. …

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