Tag: Earnings
Dubai investment arm posts $5.1 billion loss amid pandemic
DUBAI, United Arab Emirates — Dubai’s state-owned sovereign wealth fund announced Tuesday a net loss of $5.1 billion over the past year, highlighting the...
Dubai investment arm posts $5.1 billion loss amid pandemic
DUBAI, United Arab Emirates — Dubai’s state-owned sovereign wealth fund announced Tuesday a net loss of $5.1 billion over the past year, highlighting the...
This Week: FedEx, Nike results; rig count
A look at some of the key business events and economic indicators upcoming this week:
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GM raises forecast, says chip shortage not as bad as feared
DETROIT — General Motors says efforts to manage the global computer chip shortage have worked better than expected, so it's financial results will improve...
Zoom’s boom continues in 1Q, raising post-pandemic hopes
SAN RAMON, Calif. — Zoom is still booming, raising prospects that the video-conferencing service will be able to sustain its momentum, even as the...
Best Buy raises 2021 comparable store sales expectations
NEW YORK — Three months after saying that comparable store sales may actually fall in 2021, Best Buy on Thursday released a much more...
Atlantic City 1st quarter casino earnings more than triple
ATLANTIC CITY, N.J. — The Atlantic City casinos' gross operating profit soared in the first quarter of this year to more than $95 million,...
Target’s 1Q profit surges as shoppers go out and spend
NEW YORK — Target Corp. on Wednesday reported that its sales and profits surged in its fiscal first quarter thanks to shoppers eager to...
This Week: Walmart earns, Fed meeting minutes, US home sales
A look at some of the key business events and economic indicators upcoming this week:
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Alibaba records first quarterly operating loss since IPO
HONG KONG — Alibaba had its first quarterly operating loss since it went public in 2014 after Beijing slapped a record $2.8 billion fine...
