News of New York

Abercrombie & Fitch's Outlook Soars with 20% Quarterly Sales Surge
21 November 2023
3461
Breaking Expectations Abercrombie and Fitch is on a triumphant rebound, defying industry slowdowns with a remarkable 20% surge in sales. This stellar performance, driven by a robust back-to-school shopping season and notable growth in both its flag...
Tesla shares fall after quarterly sales report
3 October 2022
3540
Tesla shares after the report Shares of electric car maker Tesla (NASDAQ: TSLA) fell 6.5% to $248 in Nasdaq premarket trading on Monday, October 3. At the time of writing, the decline has slowed to 4.62%. Quotes started the decline on the back of t...
CarMax's net profit for the full financial year is $1.2 billion
12 April 2022
3694
Financial results from CarMax CarMax (NYSE: KMX) today released a report with financial results for Q4 and FY2022. Regarding CarMax shares, it is worth noting that the company's stock has gained 0.03% in the last five days. Also, the company had a ...
Albertsons Companies posted net profits of $455 million for the fourth quarter
12 April 2022
3895
The company's shares and report US grocery company Albertsons Companies (NYSE: ACI) today released its Q4th and full year results report. As for the company's stock, it has lost -3.61% in the last five days. Also, the company had a maximum value pe...
The Toro Company's first quarter net sales up 6.8%
3 March 2022
9123
The company's shares and its report The Toro Company (NYSE: TTC), a US-based commercial equipment manufacturer for the agricultural and government sectors, today released its report for the first quarter of fiscal year 2022. The company's shares cl...
Twitter stocks and sales 2022
5 January 2022
3989
Twitter in 2022 Twitter shares (TWTR) have fallen 40% in the last half year and ended 2021 at a low, but in 2022 Wall Street analysts predict a rise of at least 23% and many target Twitter stock prices 56% above the current price. For Twitter share...
Toll Brothers expects 20% growth in 2022
8 December 2021
3538
High demand The Toll Brothers announced that their budget revenue for 2022 will increase by 20% as demand grows. Luxury construction company Toll Brothers announced on Tuesday that $3.02 adjusted quarterly earnings of 1 per share and beating expect...
HP and Dell shares rise on reports of strong PC sales
25 November 2021
3728
HP & Dell sales HP (HPQ) and Dell (DELL) shares rose in off-trade after posting stronger financial results than market analysts had forecast. The companies reported strong demand for PCs and office equipment as people returne...
Elon Musk has sold $5bn worth of Tesla shares
11 November 2021
4590
Tesla shares sale Elon Musk, Tesla's CEO and the richest man in the world, according to regulatory filings, sold more than 4.5 million Tesla shares this week, raising about $5bn. Tesla's sh...
Zillow Group shutting down its house-flipping business
10 November 2021
4106
House sale business Zillow Group Inc. has reached a deal to sell about 2,000 homes as part of its ill-fated demolition programme, the company's biggest wholesale sale, as it begins unloading thousands of homes and ceasing its business. Ne...
Johnson & Johnson reports $502m sales of Covid vaccine in third quarter report
19 October 2021
3758
Vaccine sales J&J Company (JNJ) reported its financial results for the third quarter of 2021 earnings per share exceeded market analysts' forecasts, but revenues fell short of estimates. Sales of COVID-19 vaccines t...
Levi Strauss reports profit growth
7 October 2021
3676
Profit growth Shares in Levi Strauss rose in the post-market after the clothing maker's financial results beat market expectations. Levi Strauss claimed benefits from its supply chain and promised a strong holiday quarter. Shares in Levi ...
FedEx report reveals supply chain problem and rising labor costs
22 September 2021
3761
The state of the company's stock FedEx (FDX) shares fell 4.4% in after-hours trading after its financial report. The second US delivery company lowered its profit forecast for fiscal 2022 and said rising labour costs an...
Shipping options sell out as businesses try to recover from the pandemic
13 September 2021
3813
Shipping Integration The consolidation of shipping over the past 5 years has exacerbated supply chain problems caused by the occurrence of Covid-19, further delaying the movement of cargo across the sea. Cargo owners and forwarders say that a handf...
Li Auto, Xpeng and NIO: August delivery report
2 September 2021
4200
Competitors in the production of electric cars The Wednesday delivery report from Chinese electric car makers Nio (NIO), Li Auto (LI) and Xpeng (XPEV) showed the ongoing problem of chip shortages in the automotive&...
Zoom shares fall after report on forecast of slowing growth
31 August 2021
4036
Zoom's earnings Zoom Video Communications on Monday reported revenues and profits above market analysts' forecasts, but investors were disappointed by the slowdown in growth. Shares of Zoom Video Communications (ZM) fell 10% after Monday's close, d...
Li Auto reaches record sales
31 August 2021
3835
Li Auto has record sales Shares in Li Auto, the Chinese electric car maker, fell 1 per cent on Monday amid reports of record sales but posting a loss, while analysts had expected a break-even. Li Auto says it plans to expand in Europe. Li Auto (LI)...
Tesla sales cratered in China, but investors don't seem to mind
11 August 2021
3842
Tesla sales in China Sales figures for Tesla vehicles (TSLA) produced in China in July showed a decline compared to June. Most of them are related to exports, with Tesla sale...
Boeing shares up 4%
29 July 2021
3723
Boeing's profits Boeing reported profits and revenue growth of 44% in the second quarter as airlines resumed orders for the company's commercial jets. Analysts suggest Boeing is starting to emerge from a deep crisis. Shares in Boeing (BA)...
Oracle shares fell after report due to higher capital expenditure
16 June 2021
4069
Falling company shares Oracle shares fell 4.6% after Tuesday's close as the company announced it would double its capital investment in cloud services this fiscal year to nearly $4bn. This will have an impact on earnings. Oracle (ORCL) on...
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