As increased sales to defense, aerospace and industrial clients resulted in Xilinx, Inc (XLNX.O) shares to be lifted up 5 percent in extended trading, the company has reported better-t=han-expected quarterly revenue and earnings. The company stated that sales to defense, aerospace and industrial customers, these included companies and entities such as the U.S. Air Force, […]
Why Is Motorhome Maker Winnebago Average Selling Price Falling?
A downturn in its average selling price was reported by Winnebago Industries Inc. (WGO.N) as shares of the company plunged down to as much as 7 percent to an all time low in the past 16 months since had more cheaper motorhomes were being sold. The small but closely monitored company as it provided a […]
After Third Quarter Profit Warning, Is Urban Outfitters Shares Falling?
Shares of Urban Outfitters Inc (URBN.O) have fallen down nearly 15 percent after the company stated that low sales will potentially hurt its third quarter earnings. Large shareholders such as Goldman Sachs, Morgan Stanley and Janney Capital Market lowered their ratings as well as their price targets on shares of the apparel company, thereafter 12 […]
What Can Unilever Promise to Tackle Slowdown?
Despite having reticent consumers pull down its growth in sales in the third quarter, marking its weakest in almost half a decade, Unilever (ULVR.L) (UNc.AS) vowed to investors that profits will go up through increased cost cuts and new, less expensive products. Unilever has a majority of its sales in Europe, thus the maker of […]
How Is Tesco CEO Winning Back Shoppers Other Than Its Price?
Problem on pricing can be managed by the company, however, Tesco Chief Executive Dave Lewis stated that the struggling British supermarket can do more than that to regain the market shares it lost. It was on Thursday, when Lewis stated to reporters that he is very hopeful the company will be back to the force […]
Missed Second Quarter Earnings Estimates; Is the Shares of Tata Consultancy Falling?
As India’s largest software services provider, Tata Consultancy Services Ltd, fell short of analysts, projections of a lowering demand for outsourcing in Latin America and some industrial sectors. In almost five and a half years, Tata Consultancy was on course to record its worst single-day fall yet in an upbeat Mumbai Market as its shares […]
Why Is SEB Cautioning Business Clients Despite It Beating Third Quarter Forecasts?
A higher than expected operating earnings that was assisted by increased interest income was reported by SEB, a Swedish banking group, however it stated that decreased activity by European business will have an effect on Nordic financial markets. Clients are taking their feet off the pedal due to worries over the condition of the economy […]
Did Active North American Drilling Help Schlumberger Profit?
Schlumberger Ltd (SLB.N) had an apparent boost in its earnings as it was lifted by resilient North American drilling activity as evidenced by its posting of their profit for the third quarter that had estimates beat for at least the ninth consecutive quarter. The company stated that profits from operations in the United States gained […]
Why Is Chipmaker SanDisk Forecasting Lower Revenue?
As difficulty in supply is rising, chipmaker SanDisk Corp has predicted that revenue for the current quarter will be below analyst estimates. SanDisk also reported revenue for the third quarter to be lower than expected, which caused its shares to decrease by 5 percent. It had bought a solid-state storage products maker Fusion-io Inc. last […]
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