Latest Sales figures News
Europe car sales sink for 7th straight month
MILAN (AP) — New car sales in Europe are continuing to fall for the seventh straight month, dropping by 4 percent in March. The European carmakers' association ACEA, based in Brussels, said 1.72 million new cars were sold last month, down from 1.79 million in March 2018. Italy led all five top markets in...
Johnson & Johnson posts strong revenue in 1Q
Lower sales overseas and higher costs for research and litigation pushed Johnson & Johnson's first-quarter profit down 14%, but the health care giant beat profit and revenue expectations, pushing up its shares. The maker of Tylenol and psoriasis drug Stelara on Tuesday said unfavorable currency exchange rates...
China's auto sales sink in March for 9th month
BEIJING (AP) — China's auto sales fell again in March but the contraction in the biggest global market was smaller than in recent months, an industry group reported Friday. Sales of SUVs, sedans and minivans in the industry's biggest global market fell 6.9% from a year earlier to just over 2 million,...
Asian stocks mostly higher after mixed Wall Street day
BEIJING (AP) — Asian stock markets were mostly higher Friday after a mixed Wall Street close on listless trading. Benchmarks in Tokyo, Sydney and Seoul rose. China's main index was up 1 point while Hong Kong retreated. Investors watched for Chinese trade data due out Friday. Traders were hoping for a "good...
Ghost of Toys R Us still haunts toy makers
NEW YORK (AP) — Just last year, a kid in the market for an Uncle Milton ant farm could choose from a half dozen versions, including glow-in-the dark or an ant village. Now there are only three. Last year, there were 60 kinds of K'Nex construction sets on the market. This year there are 20. A year after...
Asian shares waver following lackluster Wall St session
BANGKOK (AP) — Shares were mixed in Asia on Thursday after modest gains overnight on Wall Street. The Shanghai Composite jumped 0.6% to 3,234.41 on reports of possible progress in China-U.S. trade talks. The U.S. and China opened a ninth round of talks Wednesday, aiming to further narrow differences in an...
Forget kibbles: US sales of fresh pet food are soaring
DETROIT (AP) — Kibbles for Fido? Nope. These days he's getting diced chicken with sweet potatoes and spinach. U.S. pet owners are increasingly feeding fresh food to their dogs and cats. Some order pre-proportioned meals of meat and vegetables or frozen raw meat online. Others find them in refrigerators at...
High prices, interest rates push 1Q US auto sales down 2%
DETROIT (AP) — Automobile sales in the U.S. fell 2% in the first quarter, another sign the nation's economy is starting to slow. Automakers sold just over 4 million vehicles from January through March, according to Ward's Automotive Intelligence, and industry analysts blame the decline on rising vehicle...
Huawei defends security record as annual sales top $100B
SHENZHEN, China (AP) — Chinese tech giant Huawei's deputy chairman defended its commitment to security Friday after a stinging British government report added to Western pressure on the company by accusing it of failing to repair dangerous flaws in its telecom technology. Guo Ping's comments came as Huawei...
Lululemon posts strong sales, tops estimates in 4Q
VANCOUVER, British Columbia (AP) — Lululemon Athletica Inc. shares rallied in extended trading Wednesday after the athleisure retailer posted better-than-expected results and issued a positive outlook. The Vancouver, British Columbia-based company said it earned net income of $218.5 million, or $1.65 per...
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