Edition:
United Kingdom

Akanksha Rana

ViacomCBS profit and revenue disappoints, sinks shares

20 Feb 2020

ViacomCBS Inc on Thursday said its earnings fell short of revenue and profit expectations in its first quarterly earnings results since closing its merger, sending shares down 14% in morning trading. | Video

Alibaba warns of drop in e-commerce revenues due to coronavirus

13 Feb 2020

Alibaba Group Holding Ltd warned of a drop in revenues at its key e-commerce businesses this quarter as the coronavirus sweeping China hits supply chains and deliveries. | Video

Lyft forecasts slower growth in 2020, leaves target profit date unchanged

12 Feb 2020

Lyft Inc on Tuesday forecast slower revenue growth in the new year and the company refused to match larger rival Uber, which recently moved up a key profit target by a year, sticking to its later date of projected profitability. | Video

CORRECTED-UPDATE 1-Lyft tops $1 billion quarterly revenue, forecasts slower growth in 2020

11 Feb 2020

Feb 11 Lyft Inc on Tuesday reported record quarterly revenue of more than $1 billion, but the ride-hailing company forecast slower growth in the new year as ridership growth stagnated in the second half of 2019, sending shares down.

Lyft tops $1 billion quarterly revenue, forecasts slower growth in 2020

11 Feb 2020

Feb 11 Lyft Inc on Tuesday reported record quarterly revenue of more than $1 billion, but the ride-hailing company forecast slower growth in the new year as ridership growth stagnated in the second half of 2019.

Xerox sweetens offer for HP

10 Feb 2020

Xerox Holdings Corp raised its offer to buy HP Inc by $2 to $24 per share on Monday, following several rejections of its previous buyout offer by the PC maker.

Amazon holiday sales jump as one-day shipping pays dividends, stock up 13%

31 Jan 2020

Amazon.com Inc on Thursday posted holiday quarter results well above expectations as the expansion of its one-day shipping program came under budget and membership in its Prime loyalty club notched a 50% rise in two years. | Video

Tesla extends profit run, promises record production, driving stock up 13%

30 Jan 2020

Tesla Inc posted its second quarterly profit in a row as vehicle deliveries hit a record and the company said it would comfortably make more than half a million units this year, pushing its shares to new highs. | Video

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