Barnes & Noble's Nook e-reader business is poised to post an even worse loss
this year than it forecasted in January, reports Reuters.
Not exact matches
For the quarter ended July 20, Dick's adjusted earnings were 96 cents a share, up from 82 cents a
year ago, but less
than the $ 1.00 expected by Wall Street and even its own
forecast of $ 1.02 a share to $ 1.07 a share.
The IMF
forecast issued this week for the Middle East projects that energy - importing nations including Egypt will grow more strongly in the
years ahead
than energy exporters including Saudi Arabia, though both will experience GDP growth.
Also known as ultra-high definition, or UHD, sets, the devices should bring in more retail sales dollars
than any other «emerging technology» gadget this
year, as we can see in this chart from Statista, which is based on a
forecast by the Consumer Technology Association.
Garmin reported a higher -
than - expected profit for the eighth straight quarter, selling more of its GPS - based outdoor activity gadgets such as underwater watches, leading it to raise its full -
year revenue
forecast.
The British Chamber of Commerce (BCC) cited higher
than anticipated third quarter gross domestic product (GDP) numbers in the revision of its full -
year forecast to 2.1 percent from 1.8 percent.
The company also reported better -
than expected third quarter revenue and profit and
forecast full
year profit above estimates.
Also, his
year - end target makes him more bullish
than 9 of the 12 strategists who have already offered their
forecasts.
Because of the reformulations, the Treasury now expects the levy to raise only about 240 million pounds ($ 336 million) in its first
year, less
than half of its prior
forecast of 520 million.
The World Trade Organization cut its
forecast for global trade growth this
year by more
than a third on Tuesday, reflecting a slowdown in China and falling levels of imports into the United States.
That's why most business owners would rather do just about anything
than sit down with a spreadsheet and try to
forecast what their sales, profits and cash flow are going to look like next
year, next quarter or even next month.
The smartphone market is
forecasted to grow by more
than 10 percent every
year for the next four or five
years, and the number of mobile app downloads is projected to double in the next three
years.
The relatively wide range for the
forecast reflects the higher
than normal degree of uncertainty regarding the prospects for the UK economy this
year.»
In a press release announcing the factory opening, the company cited research from Canalys that
forecasts global revenue for 3D printing totaling more
than $ 20 billion within five
years.
It's got all this stuff in the news, with ghost cities and real estate markets crashing, but when we think about it, if the U.S. economy is
forecast to grow somewhere between 2.75 % and 3 % for 2015, and China is growing at 6.5 % or 7 %, we're still looking at essentially twice the U.S. [growth rate] on a much bigger base
than 10
years ago,» she says.
Humana reported a better -
than - expected quarterly profit and raised its full -
year profit
forecast on Wednesday.
People wanting something better, something that's just out of reach, are second only to population growth among reasons anyone has a right to
forecast business will be better next
year than last.
PC shipments are expected to fall 7.3 % in 2016 compared to a
year ago, according to new estimates from IDC, in what is a steeper decline
than originally
forecast.
The company grew revenue 18 %, to more
than $ 11 billion in 2016, and
forecasts growth of up to 13 % this
year, in part thanks to its acquisition of Swedish drugmaker Meda.
The supply increase is more
than the IEA's expected demand growth
forecast for this
year of 1.5 million bpd.
While Chinese banks tend to front - load loans early in the
year to get higher - quality customers and win market share, the lofty figure was even higher
than the most bullish
forecast by economists in a Reuters poll.
The Fed's projections for this
year show a median
forecast of 2.1 percent for the funds rate, but eight officials are above the median (more
than half of the committee).
Russia's economy ministry said on Saturday it expected gross domestic product to fall 3 percent this
year, more optimistic
than many analysts»
forecasts of a 4 - 5 percent drop.
The bank's analysts
forecast that Bitcoin mining could use up more
than 125 terawatt hours of electricity this
year, a level electric vehicles globally won't reach until 2025.
Their
forecasts average out to a funds rate of 2.4 percent, that is, one more hike
than the median — for a total of four this
year.
At today's prices, industry
forecasts of three million barrels per day by 2020 are likely to underestimate production by a bit, but the real kicker will be on the value of that production to all concerned — governments, via taxes and royalties, and shareholders will all suffer much lower returns from this development
than they would have expected less
than a
year ago if prices stay where they are today.
GameStop shares were down as much as 20 percent Tuesday morning as the company issued a weaker -
than - expected
forecast for the fourth quarter and full
year due to declines in video game sales.
That company's shares took a dive as it reported a weaker
than expected first - quarter profit and issued a
forecast for the
year that also disappointed investors.
Even so, new projections released by the Fed show that officials expect three quarter - point rate hikes next
year, one more
than was
forecast in the September projections.
But four
years after ending a bailout program, the Portuguese government is now
forecasting a budget surplus — when state expenditure is lower
than revenues.
Lululemon Athletica
forecast lower -
than - expected current - quarter results, after posting a profit that was almost unchanged from a
year earlier.
The best wage growth since 2009 sparked speculation that incoming Federal Reserve chair Jerome Powell may have to raise interest rates more
than the three times the central bank has
forecast in order to tame inflation this
year.
The BoE left its
forecast for growth this
year steady at 2 %, as the economy expanded faster in the first half of 2016
than it had expected in May.
American Giant launched a women's line in May; the growth
forecast for 2013 is 10 times greater
than last
year; production capacity is 20 times what it was in December; and the company is beating its own sales projections.
The company's highest shipping volumes since late 2008 helped push adjusted net income to $ 46 million for the fourth quarter of 2017, reversing a net loss of $ 47 million in the same period a
year earlier and higher
than the $ 31 million
forecast average from Thomson Reuters analysts.
Because PMI isn't seeing a surge in device sales, sales of Heatsticks, tobacco sticks that go inside the iQOS device, «are likely to be a little bit lower»
than it
forecast at the end of last
year.
Gallup sees Americans spending an estimated $ 704 per household on Christmas gifts this season — quite a bit lower
than the $ 770 they
forecast last
year.
T - Mobile US reported a better -
than - expected quarterly profit and raised its
forecast for customer additions for the
year as heavy discounting helped attract subscribers.
The once fast - growing smartphone market has slowed this
year, especially at the high end, with worldwide shipments
forecast to increase less
than 2 %, according to IDC.
The legal marijuana industry is estimated to have seen more
than $ 6 billion in revenue across the U.S. last
year, and that number is
forecasted to reach anywhere from $ 20 billion to $ 25 billion by 2020.
Worldsteel, representing more
than 160 steel producers accounting for 85 percent of global production, had
forecast in October that demand would rise 0.5 percent this
year.
Margins, as discussed, are the critical consideration: Against the highly optimistic (in our view) consensus
forecast for 2014 U.S. Net Income and EBIT Margins to reach unprecedented levels of 10.8 % and 15.7 % respectively... we conservatively assume 2014 S&P Net Income Margin will no more
than maintain the 2012 - 2013 two
year average (i.e., 9.3 %).
Despite the fact that economic growth for this
year is now
forecast to be substantially lower
than that expected at the time of the April Budget, Mr. Oliver is still confident that the federal government will record a surplus in 2015 - 16.
True, the bond market's implied inflation
forecast has shot up since last
year; but that's almost entirely because of oil rather
than economic fundamentals.
Barclays said its profit before tax was 1.7 billion pounds ($ 2.19 billion), up from 793 million pounds a
year ago and better
than the 1.46 billion pounds average estimate of analysts»
forecasts compiled by the bank.
«Taking this generation's diversity into account, our
forecast for household formations over the next five
years is 6.50 million to 6.75 million, or 1.30 million to 1.35 million per
year, which is over 30 % higher
than the long - term average rate of household formations,» Tirupattur says.
Oct 30 (Reuters)- Hurricane Sandy appears to have easily caused more losses
than last
year's Hurricane Irene, but final totals will be hard to come by for some time because of the scale of the disaster, catastrophe
forecasting companies said on Tuesday.
LONDON Royal Dutch Shell reported on Thursday a 42 percent rise in first - quarter profit to its highest in more
than three
years on stronger oil prices and production, but its shares fell as the oil major's cash flow missed
forecasts.
Wall Street
forecasts for the S&P 500 for 2016 look for single - digit percentage gains and are less optimistic
than last
year's
forecasts.
The speech says that the Bank's central
forecast remains for inflation in Australia to pick up over the next couple of
years, but for inflation to be nearer to 2 per cent,
than 3 per cent at the end of this period.