November 22, 2021
“…Existing-home sales, which include completed transactions that include single-family homes, townhomes, condominiums and co-ops were up 0.8% from September to a seasonally adjusted annual rate of 6.34 million in October. Home sales were down 5.8% from a year ago, which… Continue Reading…
November 16, 2021
“Home Depot on Tuesday reported third-quarter earnings and revenue that beat analysts’ forecasts as customers spent more on home improvement projects. Strong demand is carrying over into the next quarter as the retailer readies for the holiday season. The company’s shares… Continue Reading…
October 29, 2021
“Apple revenue fell short of Wall Street expectations in its fiscal fourth quarter on Thursday, which Apple CEO Tim Cook attributed to larger-than-expected supply constraints on iPhones, iPads, and Macs. Apple fell under 3% in extended trading. “We had a very strong performance… Continue Reading…
October 4, 2021
” Ford Motor’s U.S. vehicle sales showed signs of improvement during the third quarter, but still fell by 27.4% from last year as an ongoing shortage of semiconductor chips interrupted vehicle production. The drastic decline was narrower than auto forecasters expected, but… Continue Reading…
September 30, 2021
“…Here’s how Bed Bath & Beyond did in its second quarter ended Aug. 28 compared with what Wall Street was expecting, based on a Refinitiv survey of analysts: Earnings per share: 4 cents adjusted vs. 52 cents expected Revenue: $1.99… Continue Reading…
September 16, 2021
“Retail sales posted a surprise gain in August despite fears that escalating Covid cases and supply chain issues would hold back consumers, the Census Bureau reported Thursday. Sales increased 0.7% for the month against the Dow Jones estimate of a… Continue Reading…
September 6, 2021
I was looking through the news and seen some what of a trend. “Japanese automakers’ China car sales tumbled in August” https://finance.yahoo.com/news/japanese-automakers-china-car-sales-083033156.html “Ford’s U.S. sales decline 33% in August as chip shortage devastates auto industry” https://www.cnbc.com/2021/09/02/fords-us-sales-fall-33percent-as-chip-shortage-devastates-auto-industry.html “Russia’s August auto sales… Continue Reading…
July 23, 2021
“hares of Boston Beer tumbled 21% in premarket trading Friday after disappointing demand for hard seltzer dragged down the company’s quarterly earnings and revenue. The Sam Adams brewer reported earnings of $4.75 per share on net sales of $603 million. Analysts surveyed… Continue Reading…
June 30, 2021
“Pending home sales, a measure of signed contracts on existing homes, jumped an unexpectedly high 8% in May compared with April, according to the National Association of Realtors. Analysts expected a 1% drop. This is the highest level of sales… Continue Reading…
May 27, 2021
“Best Buy said Thursday that sales grew 36% in the fiscal first quarter as shoppers’ stimulus-fueled spending spree includedconsumer electronics. Shares of the company 3.3% in premarket trading after the home electronics and appliance retailer raised its forecast… Chief Financial Officer… Continue Reading…
Recent Comments