Amazon.com Inc. forecast fourth-quarter revenue well below analysts’ estimates on Thursday as the world’s biggest online retailer faces fierce competition from Walmart as well as other online retailers, sending its shares down 8 per cent.
The downbeat outlook reinforces worries that the ongoing U.S.-China trade spat is hurting the U.S. retail industry. Holiday sales typically generate a majority of retailers’ sales and profit.
🗑 company get the hell out
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ford’s third-quarter profit falls, full-year profit outlook cutFord’s third-quarter profit falls, full-year profit outlook cut GlobeBusiness
Source: globeandmail - 🏆 5. / 92 Read more »
Nike CEO Mark Parker to step down, John Donahoe to take overNike CEO Mark Parker to step down, John Donahoe to take over GlobeBusiness
Source: globeandmail - 🏆 5. / 92 Read more »
Rogers cuts revenue outlook as third-quarter profit dipsThe cable and wireless company says it earned $1.14 per diluted share for the quarter ended Sept. 30, down from $1.15 per diluted share a year ago globebusiness Ohhhhh, poor Rogers, I guess they will have to clandestinely increase our bills, oh wait... They already do that
Source: globeandmail - 🏆 5. / 92 Read more »
Boeing costs for 737 Max jump, profit falls short in 3QBoeing's third-quarter earnings fell 51% as it added another US$900 million in costs for the troubled 737 Max and deliveries of new planes tumbled from a year ago. Wonder why?
Source: CTVNews - 🏆 1. / 99 Read more »
3M cuts profit forecast as slowing Asia demand hampers revenueShares of the Scotch tape and Post-it notes maker fell as much as 3 per cent premarket
Source: globeandmail - 🏆 5. / 92 Read more »
Revealed: Jet-setters like Paris Hilton cause 10,000 times more carbon emissions than the average personAnd that’s a conservative estimate Thats Hot... Her carbon footprint is probably a fraction of what Justin Trudeau's is. I’m 💯% sure you could have used JustinTrudeau as an example.
Source: nationalpost - 🏆 10. / 80 Read more »