profits

China’s Factory Industry at Seven-Month Low

China’s Factory Industry at Seven-Month Low

As demand and producer price gains slowed down in November, China’s industrial firms’ earnings trimmed down as well marking it the slowest pace in seven months. China is the world’s second largest economy with low income that has c..

Sony’s Strong Sales of Sensors Put Towards Robotics & Self-Driving Cars

Sony’s Strong Sales of Sensors Put Towards Robotics & Self-Driving Cars

Sony Corp (NYSE: SNE) reported their highest ever profit this year on strong sales of image sensors after many years of losing ground in the consumer electronics market. The company is looking to develop robotics and self driving cars technology as ..

Shell Beats Third Quarter Estimates

Shell Beats Third Quarter Estimates

Shell Global (NYSE: RDS.A) reported almost a 50% rise in quarterly profits that was mostly driven by strong refining while also adapting well to low oil prices. Cash generation has been boosted in recent quarters as costs have been cut and asse..

Delta Third-Quarter Earnings Top Estimates

Delta Third-Quarter Earnings Top Estimates

On Wednesday, Delta Air Lines, Inc. (NYSE: DAL), which is the largest U.S. airline by market capitalization, announced its financial results for the third quarter of 2017. Both earnings and revenue for the September quarter beat estimates, desp..

Nordstrom to Launch New Store, But it Won’t Sell Clothes

Nordstrom to Launch New Store, But it Won’t Sell Clothes

Nordstrom, Inc. (NYSE: JWN) will be launching a brand new store, but unlike the regular chain, it won’t be selling clothing, but offer services."As the retail landscape continues to transform at an unprecedented pace, the one thing w..

Wells Fargo Reports Progress on Second Half Expenses

Wells Fargo Reports Progress on Second Half Expenses

On Tuesday, the Chief Executive of Wells Fargo & Co (NYSE: WFC) says that the company is expecting to gain better control of costs in relation to revenues as they try to recover from a sales scandal. The company’s expenses will likely acco..

Movado Announced its Financial Results for the Second Quarter

Movado Announced its Financial Results for the Second Quarter

On Tuesday, Movado Group, Inc. (NYSE: MOV) reported its financial results for the quarter ended July 31, 2017. Both earnings and revenue beat expectations, and shares of the company rose 9% in premarket trade Tuesday.The company announced net sales ..