Latest Sales figures News

Markets Right Now: Stocks fall on fresh concerns about trade

Jun. 14, 2019 4:12 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are finishing lower Friday amid more concerns about the business impact of the U.S.-China trade dispute. Technology shares dropped after chipmaker Broadcom reduced its 2019 revenue forecast by $2 billion,...

US retail sales rose 0.5% in May, led by online shopping

Jun. 14, 2019 9:21 AM EDT

WASHINGTON (AP) — Americans stepped up their retail spending last month, a sign that recent worries about cautious consumers dragging on growth may have been overdone. The Commerce Department said Friday that retail sales rose 0.5% in May, after a smaller gain of 0.3% in the previous month. April's figure...

Asian stocks mixed after Trump threatens Mexico tariffs

Jun. 5, 2019 11:49 PM EDT

SINGAPORE (AP) — Asian stocks were mixed on Thursday as traders kept a close watch on impending U.S. tariffs on Mexico while trade talks with Beijing remained at a standstill. Japan's Nikkei 225 index added 0.3% to 20,832.46 while the Shanghai Composite index lost 0.5% to 2,848.34. The benchmark in...

Sales chief alleges Fiat Chrysler violated whistleblower law

Jun. 5, 2019 10:40 PM EDT

DETROIT (AP) — Fiat Chrysler's U.S. sales chief is suing the company, alleging that it withheld 90% of his pay package because he testified in a government inquiry of sales reporting practices. Reid Bigland, who has been with the company for 22 years, alleges that Fiat Chrysler Automobiles violated...

Trade war comes to Louisville, Jack Daniels takes tariff hit

Jun. 5, 2019 12:52 PM EDT

LOUISVILLE, Ky. (AP) — Led by strong sales for its whiskey and tequila brands, Brown-Forman Corp. reported higher fourth-quarter net income Wednesday despite taking a hit from the Trump administration's tariff fight. The Louisville, Kentucky-based company — best known for its Jack Daniel's Tennessee...

UK car sales fall again amid ongoing 'political instability'

Jun. 5, 2019 5:28 AM EDT

LONDON (AP) — Britain's new car market slid back further in May as Brexit instability continued to weigh on business and consumer confidence, the country's main automotive lobby group said Wednesday. The Society of Motor Manufacturers and Traders said car sales fell by 4.6% during the month to 183,724...

Tiffany 1Q sales drop as tourist spending slumps

Jun. 4, 2019 2:08 PM EDT

NEW YORK (AP) — Tiffany & Co. topped first quarter profit expectations but fewer tourists at its U.S. stores, particularly from China, dragged on sales and the company trimmed its expectations for the year. Tiffany said earlier this year that holiday sales were hurt by a drop in spending by Chinese...

Stocks end rocky month lower as Trump widens trade war

May. 31, 2019 5:28 PM EDT

Wall Street is no fan of Tariff Man. The stock market stumbled Friday to its first losing month of 2019 in May, primarily due to President Donald Trump's decision to broadly wield his tariff powers, first against China over trade and then against Mexico over immigration. During stocks' month-long slide investors...

Asian stocks mostly fall on Wall Street slide, trade fears

May. 29, 2019 11:03 PM EDT

TOKYO (AP) — Asian shares were mostly lower Thursday after another round of selling on Wall Street and investor worries about a trade war. Japan's benchmark Nikkei 225 dropped nearly 0.9% in morning trading to 20,824.91. Australia's S&P/ASX 200 slipped 0.7% to 6,393.70. South Korea's Kospi edged up...

Target's online game is on target

May. 22, 2019 5:23 PM EDT

NEW YORK (AP) — An aggressive campaign at Target to let customers do more online is paying off. The retailer exceeded first quarter expectations on just about every level, saying the same day services it's rolled out, including picking up online orders at the store, drove more than 25% of comparable sales...