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Tag: sales

IBM returns to sales growth after a year of declines on cloud strength

FILE PHOTO: A man stands near an IBM logo at the Mobile World Congress in Barcelona, Spain, February 25, 2019. REUTERS/Sergio Perez April 19, 2021 By Munsif Vengattil (Reuters) -International Business Machines Corp returned to sales growth in the first quarter after a year of declines and beat Wall Street targets on Monday, boosted by […]

U.S. China hawks seek to cut sales of chip-making tools to Beijing

FILE PHOTO: U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst/File Photo April 16, 2021 By Karen Freifeld (Reuters) -Congressional China […]

S&P 500, Dow hit record highs on upbeat earnings, strong retail sales

FILE PHOTO: American flags hang from the facade of the New York Stock Exchange (NYSE) building after the start of Thursday’s trading session in Manhattan in New York City, New York, U.S., January 28, 2021. REUTERS/Mike Segar/File Photo April 15, 2021 By Shivani Kumaresan and Shreyashi Sanyal (Reuters) – The S&P 500 and the Dow […]

U.S. retail sales surge; weekly jobless claims drop to one-year low

FILE PHOTO: People wearing protective masks shop at Macy’s Herald Square following the outbreak of the coronavirus disease (COVID-19) in the Manhattan borough of New York City, New York, U.S., December 26, 2020. REUTERS/Jeenah Moon/File Photo April 15, 2021 By Lucia Mutikani WASHINGTON (Reuters) -U.S. retail sales rebounded more than expected in March as Americans […]

China’s auto sales surge 75% in March, 12th straight monthly gain

Newly manufactured cars are seen at a port in Dalian, Liaoning province, China April 10, 2020. China Daily via REUTERS April 9, 2021 BEIJING (Reuters) – Auto sales in China surged in March for their 12th consecutive month of gains, as the world’s biggest car market leads the sector’s recovery from the COVID-19 pandemic. Sales […]

Russian lawmaker floats idea of Zoom ban if it halts sales to state institutions

FILE PHOTO: Small toy figures are seen in front of Zoom logo in this illustration picture taken March 15, 2021. REUTERS/Dado Ruvic/Illustration/File Photo April 8, 2021 MOSCOW (Reuters) – A lawmaker from Russia’s ruling party floated the idea of banning Zoom on Wednesday after the video conferencing company reportedly told its distributors to stop selling […]

Levi Strauss raises sales outlook on vaccine hopes, shares jump

FILE PHOTO: Products are displayed at a Levi Strauss store in New York, U.S., March 19, 2019. REUTERS/Shannon Stapleton/File Photo April 8, 2021 (Reuters) – Levi Strauss & Co on Thursday raised its half-year revenue growth forecast, banking on COVID-19 vaccine rollouts to spur a return to normalcy, after the denim maker beat estimates for […]

Sen. Pat Toomey: Background Checks on Gun Sales Could Pass Senate

A bill proposing expanding background checks on firearms sales could pass the Senate’s 60-vote filibuster rule, Republican and Democratic senators said. “What we need to do is try to find a place where we can land, a place where there’s some common ground. I have long believed, as I’ve told you many times, the place […]

GameStop up 13% more as ‘Reddit army’ bets on sales turnaround

FILE PHOTO: GameStop logo is seen near displayed stock graph in this illustration taken February 2, 2021. REUTERS/Dado Ruvic/Illustration March 26, 2021 By Susan Mathew (Reuters) – “Meme” stock-in-chief GameStop jumped another 13% in value on Friday, building on a surge since results earlier this week that showed online sales improving and a much-hyped management […]

Garden party plans help soften blow to UK retail sales

FILE PHOTO: Customers browse plants at Lydstep Nurseries and garden centre in Lydstep, Britain, March 22, 2021. REUTERS/Rebecca Naden March 26, 2021 By William Schomberg and Andy Bruce LONDON (Reuters) – British retail sales partly recovered in February, helped by locked-down consumers getting outdoor furniture in preparation for small garden parties and couples buying Valentine’s […]