Not exact matches
The Saudi stock index was flat, restrained by a 1.9
percent drop by top petrochemical producer Saudi Basic Industries, which fell 2.1
percent after
reporting lower - than - expected fourth - quarter earnings.
NEW YORK, May 1 - Pfizer Inc on Tuesday
reported lower - than - expected first - quarter revenue as demand for some key drugs and international sales fell short of estimates, sparking a 5.1
percent drop in shares of the largest U.S. drugmaker.
The
report noted that this
drop is due in large part to the growing opioid epidemic in the U.S. — mortality from drug overdoses rose by 21
percent in 2016.
U.S. News & World
Report notes that due to the weather, hotel rates
drop as much as 60
percent from winter to summer.
LONDON / BENGALURU, May 2 (Reuters)- Spotify Technology SA shares
dropped as much as 9
percent after the streaming music leader's subscriber outlook and quarterly revenue fell just short of analyst estimates in its first
report as a public company.
LONDON / BENGALURU, May 2 - Spotify Technology SA shares
dropped as much as 9
percent after the streaming music leader's subscriber outlook and quarterly revenue fell just short of analyst estimates in its first
report as a public company.
LONDON / BENGALURU, May 2 - Spotify Technology SA shares
dropped 9
percent after the streaming music leader's subscriber outlook and quarterly revenue fell just short of analyst estimates in its first
report as a public company.
Shares opened in the green following the
report, but later
dropped 10
percent after bearish comments by Caterpillar management.
Societe Generale
reported a 15
percent drop in net income during the third quarter of the year, as it prepared to resolve two legal disputes in the U.S.
If Pizza Hut was struggling, so was NPC: in August, the franchisee
reported that same - store sales at its Pizza Hut units fell almost 6
percent in the second quarter compared to a nearly 4
percent drop a year ago.
A disappointing earnings
report June 28 caused BlackBerry stock to fall to $ 10.46 per share that day, a 28
percent drop from its previous - day closing price of $ 14.48.
Apple's 2.4
percent drop year - to - date in 2018 is its steepest since 2016, although in that year the company had already
reported by the end of April.
Deutsche Bank shares
dropped more than 3
percent on Thursday morning after
reporting lower - than - expected revenue for its first quarter at a time when banking stocks have seen sharp gains after centrist Emmanuel Macron emerged as the winner in the first round of French presidential elections last week.
Despite the uptick in customer retention and net adds, T - Mobile
reported a 1.8
percent drop in average revenue per user on branded postpaid phones.
Nike
reported a 6
percent drop in sales in North America in the quarter to Feb. 28, while Under Armour saw flat sales in the region in the first three months of the year.
The median residential rent fell to $ 2,826, the first decline so far this year, though only a.8
percent drop from the same time last year, according to the Elliman
report.
That estimate has
dropped 17
percent since Priceline's last
report in May.
Earlier in October, McDonald's
reported its worst monthly comparable sales in the U.S. and Europe since early 2003, with global comparable sales
dropping 3.3
percent.
Among early decliners were AIG, which
dropped 5.6
percent after the insurer
reported a lower - than - expected quarterly profit.
Last month, McDonald's
reported a sharper - than - expected 3.3
percent drop both in the U.S. and worldwide during the same period.
Shares of Sprint
dropped more than 13
percent at one point after Nikkei first
reported on Monday that the deal could be in jeopardy.
In its most recent
report, the chain posted a 3.6
percent drop in comparable restaurant sales on a 16.6
percent decline in total revenue.
Though 37
percent of business owners
reported no difficulties starting up, that's a 3
percent drop from the year before.
Elsewhere, broadcaster Sky
reported an 11
percent drop in adjusted operating profit in the first nine months of its fiscal year, due to additional costs with the English Premier League and a weaker advertising market.
Shares of E-Trade
dropped about 2.2
percent after the bell, despite that the financial services company beat Wall Street expectations on top and bottom lines,
reporting earnings of 64 cents on $ 637 million in revenue.
The shares
dropped another 2.5
percent Tuesday after
reports that the FTC would investigate Facebook's role in the data leak.
Apple
dropped roughly 4.5
percent Friday after falling short of Wall Street expectations in its latest earnings
report on Thursday.
«Newsstand sales of People, InStyle and US Weekly
dropped by nearly 15
percent in that time, compared with the same period in 2013,» the newspaper
reported.
In its earnings statement, J.P. Morgan Chase
reported a 34
percent drop in fixed income markets trading revenue in the fourth quarter.
Groupon saw its stock
drop 9
percent after
reporting a loss of 1 cent per share on revenues of $ 720 million.
Last week, the Commerce Department
reported a 3.3
percent drop in traveler spending for last year, through November, the equivalent of $ 4.6 billion in losses and 40,000 jobs.
But the company's loss - making commercial aircraft segment, which includes the CSeries,
reported a 12
percent drop in revenue and Bombardier used $ 721 million of its available cash in the quarter - more than last year.
LONDON / BENGALURU, May 2 (Reuters)- Spotify Technology SA shares
dropped 9
percent after the streaming music leader's subscriber outlook and quarterly revenue fell just short of analyst estimates in its first
report as a public company.
Statistics Canada
reported on Friday that the unemployment rate
dropped to 6.5
percent in April, the lowest since October 2008.
On the other end, Simcorp, a software provider,
dropped more than 9
percent after its earnings
report disappointed investors.
Health tech firm Catalent saw its shares
drop 2
percent after it
reported revenue of $ 510 million, topping estimates, but down 2
percent from a year ago.
In individual stock news, Finnish miner Metso
dropped to the bottom of the European benchmark, tumbling 9.84
percent, after the firm
reported lower - than - expected sales and profits.
Researchers at Harvard's Kennedy School of Government
reported in 2013 that in regions with Living Goods distributors, the price of malaria medicine in local shops
dropped by nearly 20
percent and incidence of counterfeit drugs fell by half.
The Nielsen
report attributed waning confidence to brewing worries over Malaysia's economic outlook, a near 20
percent drop in the value of the Malaysian ringgit year - to - date and the spreading of what is being called the country's worst - ever political crisis.
Automakers
reported both a 26
percent decline in innovation priority (from 84
percent to 62
percent) and the second - largest
drop in the intention to spend more (from 71
percent to 62
percent).
That's the sound of PC sales
dropping 13.9
percent in the first quarter of this year (according to a new
report by the International Data Corp analyst group).
The
dropped 2.6
percent to C$ 57.13 in Toronto today after the earnings
report, which included the first
drop in Canadian same store sales since the company went public in 2006, according to data compiled by Bloomberg.
Trading was halted Monday in Lumber Liquidators after its shares
dropped more than 20
percent following a CBS
report that the company sold flooring with higher levels of formaldehyde than permitted under California's health and safety standards.
Advertisers still trade on those figures, and those eroding ratings led to a 9
percent drop in domestic advertising revenues during the latest quarter, Viacom
reported on Thursday, a figure much higher than analysts had expected.
The biggest weak spot for the quarter was sales at its Gillette shaving business, which
reported a 5
percent drop in net sales.
OMAHA, Neb. (AP)-- Warren Buffett's Berkshire Hathaway
reported a 9
percent drop in third - quarter profit versus the same period a year ago, when the company had large investment gains.
Tax preparation company H&R Block
dropped almost 8
percent in early trading Wednesday after
reporting revenue that fell short of analysts» estimates, and distiller Brown - Forman, which makes Jack Daniels and Woodford Reserve, fell 5
percent after its own results also came up short of forecasts.
Productivity declined at an annual rate of 0.6
percent, even worse than the 0.5
percent drop initially
reported, the Labor Department
reported Thursday.
NEW YORK (360Dx)-- Siemens Healthineers
reported today a 5
percent drop in its fiscal second quarter revenues amid sales declines in its imaging, diagnostics, and advanced therapies segments.
The Treasury Department
reports that the February deficit was 12.1
percent higher than a year ago, reflecting in part a
drop of $ 5 billion in individual withholding taxes paid last month compared to a year ago.