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Tag Archives: sales

Tiffany's sales blow-away estimates, send shares highs

The rebuilding of Tiffany & Co. begins to pay off. On Wednesday, the jeweler posted strong quarterly revenue growth, increased its earnings guidance for the year, and announced a $ 1 billion share repurchase plan. Sales of retailers around the world, an important index in the retail sector, have diluted analyst estimates in the first quarter led by gains in …

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Applied Materials sees sales, semiconductor sales below estimates

(Reuters) – Chip gear manufacturer Applied Materials Inc ( AMAT.O ) forecasted sales and revenues in the semiconductor business below Wall Street expectations on Thursday, pushing its shares back 5 percent. The company's forecast contributed to investor concerns about a weakening smartphone market that triggered much of the demand boom for high-end flash memory chips, prompting Applied Materials customers to …

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Walmart sees sales growth as digital investments continue to be in focus

17th May 2018 8:22 am ET Walmart Inc. WMT 1.90% said on Thursday that increased visitor traffic and average customer spend per visit to its US stores helped boost sales in its quarter as the retail giant entered Grocery Growing in Investments in Online Initiatives Same-store sales at Walmart stores in the US rose 2.1%, compared to 2.3%, according to …

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Macy shares jump to strong Q1 2018 sales, earnings surge

CLOSE This video from retailer Macy's shows how the new Mobile Checkout demonstrates how consumers can use their mobile app to pay for items. The feature is expected to be available in all full-line stores by the end of this year. Video on Macy's Inc. Macy's reported his last merit (Photo: ANDREW CABALLERO-REYNOLDS, AFP / Getty Images) [19659006] Do not …

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Soft China April investment, retail sales suggest economy to lose steam

BEIJING (Reuters) – China reported unexpectedly weak investment and retail sales and a decline in home sales in April, clouding economic prospects as policymakers try to circumvent debt risk and defuse a hotter trade chain with the US. FILE PHOTO: A customer pushes a shopping cart on November 9, 2015, in Beichan's hypermarket business of the Sun Art Retail Group. …

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Nvidia Unveils Crypto Sales for the First Time and Predicts Big Drop

The Nvidia Corp. showed for the first time how much revenue it generates from chip sales to the cryptocurrency market – and said that this number will be much smaller in the second quarter. Demand for cryptocurrency customers was stronger – more than expected in the first quarter, translating into $ 289 million in revenue, Nvidia said Thursday at its …

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Mnuchin: Boeing's sales licenses for Iran are revoked

The US withdrawal from Iran's nuclear deal means that Boeing will revoke its licenses to sell billions of dollars of commercial jetliners to Iran, Finance Minister Steven Mnuchin said Tuesday. Mnuchin said Boeing's existing licenses will be held in Chicago Co. and its European competitor, the Airbus Group, would be invalidated by the decision of President Donald Trump "Existing licenses …

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