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Albertsons’ same-store sales surge on grocery delivery demand

Albertsons’ same-store sales surge on grocery delivery demand

Published 27/07/2020

(Reuters) - U.S. grocer Albertsons Cos Inc ACI.N on Monday reported a 26.5% rise in same-store sales in its first quarter as a publicly listed [more…]

Mitsubishi Motors’ full-year profit slumps 89%

Mitsubishi Motors’ full-year profit slumps 89%

Published 19/05/2020

TOKYO (Reuters) - Mitsubishi Motors Corp (7211.T) on Tuesday posted an 89% drop in annual operating profit in the year ended March as the Japanese [more…]

Trading spike helps Julius Baer beat forecasts in January to April

Trading spike helps Julius Baer beat forecasts in January to April

Published 19/05/2020

ZURICH (Reuters) - A spike in trading volumes boosted margins for wealth manager Julius Baer (BAER.S) in the first four months of the year, even [more…]

Baidu sees robust quarter as China’s economy reopens

Baidu sees robust quarter as China’s economy reopens

Published 18/05/2020

(Reuters) - Chinese search engine giant Baidu Inc forecast second-quarter revenue above expectations on Monday, as businesses reopen in the world’s second-largest economy after strict [more…]

Thyssenkrupp warns of massive third-quarter loss as COVID-19 adds to pain

Thyssenkrupp warns of massive third-quarter loss as COVID-19 adds to pain

Published 12/05/2020

FRANKFURT/DUESSELDORF, Germany (Reuters) - German conglomerate Thyssenkrupp (TKAG.DE) on Tuesday warned its operating loss could swell to 1 billion euros ($1.1 billion) in the current [more…]

Toyota expects profit to drop 80% this year as virus saps car sales

Toyota expects profit to drop 80% this year as virus saps car sales

Published 12/05/2020

TOKYO (Reuters) - Toyota Motor Corp (7203.T) on Tuesday said it expects profit to drop 80% to its lowest in nine years, as Japan’s biggest [more…]

Logitech sales surge as working from home boosts demand

Logitech sales surge as working from home boosts demand

Published 12/05/2020

(Reuters) - Logitech International (LOGN.S) reported a 13.6% rise in quarterly sales on Tuesday as more people used its computer products while working from home [more…]

Tencent Music misses quarterly revenue estimates, signals better second quarter

Tencent Music misses quarterly revenue estimates, signals better second quarter

Published 12/05/2020

(Reuters) - China’s Tencent Music Entertainment (TME.N) narrowly missed market estimates for quarterly revenue on Monday as the COVID-19 crisis hurt the company’s social entertainment [more…]

After the triumph of Animal Crossing, a thin pipeline for Nintendo

After the triumph of Animal Crossing, a thin pipeline for Nintendo

Published 11/05/2020

TOKYO (Reuters) - The runaway success of Nintendo Co Ltd’s (7974.T) island life simulator Animal Crossing: New Horizons has overshadowed an uncomfortable fact for fans [more…]

Nintendo smashes Switch sales view- says Animal Crossing is device’s fastest-selling game

Nintendo smashes Switch sales view- says Animal Crossing is device’s fastest-selling game

Published 11/05/2020

TOKYO (Reuters) - Japan’s Nintendo Co Ltd (7974.T) said on Thursday its fourth-quarter profit soared 200% due to surging demand for its Switch games console, [more…]