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Next lowers FY guidance on weak Q1 clothing sales

2016-05-04 11:24:00| Daily apparel & textile news and comment - from just-style.com

UK fashion and home retailer Next has lowered its full-year sales guidance as cold weather in March and April reduced demand for clothing in its first-quarter.

Tags: sales clothing guidance weak

 

Twitter shares plunge on weak earnings

2016-04-27 02:28:51| BBC News | Business | UK Edition

Twitter's latest earnings results have disappointed investors, coming in below expectations as the firm struggles with weak growth in users and advertising.

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Oil prices gain due to weak dollar

2016-04-27 01:00:00| Offshore Technology

There has been a rise in oil prices primarily due to a weak dollar and fall in US supply.

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Microsoft Q3 pulled down by higher tax, weak software sales

2016-04-22 10:05:00| Telecompaper Headlines

(Telecompaper) Microsoft said revenues for its third quarter to end March fell to USD 20.53 billion from 21.72 billion, with the operating profit going down to to USD 5.28 billion from 6.59 billion, its net profit sliding to USD 3.75 billion from 4.98 billion and earnings per share falling to USD 0.47 from 0.61. CEO Satya Nadella said the company is seeing momentum across its cloud services and with Windows 10. Results were hurt however by higher tax expenses due to the changing mix of revenue across geographies, as well as between cloud services and software licensing. CFO Amy Hood said results are being hurt by weakness in one-time purchases of software, Bloomberg reported.

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Shake Shack's Avid Growth Plans Hampered by Weak Locations

2016-04-19 21:45:00| National Real Estate Investor

Leslie Patton The burger chain doesnt have the management experience or information needed to pick prime locations, according to a Bloomberg Intelligence study from analytics provider Fishbowl. read more

Tags: plans growth locations weak

 

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