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Tag: sales
Meat Market Update | Tyson fire spurs boxed beef sales
2019-08-15 14:18:00| Beef
It seems no one wants to have empty shelves before Labor Day, especially now that Tyson's Kansas plants is closed indefinitely. The daily Choice cutout jumped $10 on Monday and Tuesday as retailers secured product.
Tags: sales
market
update
fire
Department store sales rise for first time in 2019
2019-08-15 11:26:02| BBC News | Business | UK Edition
Department store sales reversed six months of decline by showing a 1.6% rise in July, figures show.
United Internet lowers FY outlook as mobile promotions, lower handset sales slow growth
2019-08-15 09:32:00| Telecompaper Headlines
(Telecompaper) German operator United Internet reported a drop in first-half earnings, to EUR 0.84 per share from EUR 0.91 a year earlier, hurt by a writedown of EUR 34 million on its stake in cable operator Tele Columbus. Revenues and EBITDA were slightly higher, as customer growth offset increased promotions in the mobile market, but the company lowered its full-year growth outlook, due to weaker hardware sales and costs for rolling out its mobile network and price cuts. United Internet said it's also preparing an IPO for its hosting business Ionos and negotiating a new wholesale deal for its telecom business.
Tags: internet
united
sales
mobile
Lenovo doubles quarterly profits on cost cuts, strong PC sales
2019-08-15 09:00:00| Telecompaper Headlines
(Telecompaper) Lenovo nearly doubled its operating profit in the fiscal first quarter to June, thanks to improved profitability across all its divisions. Revenues were up 5 percent to USD 12.5 billion, driven by the PC business, and the net profit rose to USD 162 million from USD 77 million a year ago.
Tags: sales
cost
strong
quarterly
Cisco Q4 results top expectations, sees slow Q1 sales
2019-08-15 08:36:00| Telecompaper Headlines
(Telecompaper) Cisco reported revenues for its fiscal fourth quarter to July up 6 percent year-on-year to USD 13.4 billion. However, the company warned that growth will slow in the first quarter to October, due in part to the US-China trade tensions.
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