Sales
US leveraged loan sales hit record US$986 billion in repricing run
COMPANIES have issued a record US$986 billion of debt in the US leveraged loan market this year, mostly to cut interest expense on existing debt.
That figure surpassed 2017 as...
American Airlines lifts profit view on higher pricing, sales strategy correction
The airlines’ pricing power has also improved as the industry cuts down excess capacity in the domestic marketAmerican Airlines lifted its annual profit forecast on Thursday (Oct 24), recovering...
Hermes Q3 sales up 11.3%, continues to outshine rivals
BIRKIN bag maker Hermes reported on Thursday (Oct 24) an 11.3 per cent rise in third-quarter sales, continuing to outshine rivals hit hard by a downturn in China as...
Seven & i seeks to convince investors sales will double by 2030
SEVEN & i Holdings’s plan to split in two and expand abroad will help the retailer almost double group revenue, chief executive officer Ryuichi Isaka said in an appeal...
Mattel beats profit estimates on cost controls but trims annual sales forecast
MATTEL topped Wall Street estimates for quarterly profit as the Barbie parent kept a tight leash on costs but lowered its annual sales forecast heading into the crucial holiday...
ServiceNow sales growth fails to impress AI-hungry investors
SERVICENOW reported strong third-quarter sales and bookings, but failed to clear the lofty expectations of investors looking for a bigger boost from artificial intelligence (AI).Subscription sales, which account for...
Whirlpool reaffirms forecast despite pre-election sales slump
WHIRLPOOL, the owner of Maytag, rose in late trading on Wednesday (Oct 23) after reporting better than expected earnings, and reaffirming its full-year sales forecast.The results show that things...
Tesla surprises with forecasts for sales and deliveries, shares jump
TESLA CEO Elon Musk said on Wednesday (Oct 23) that he expects 20 to 30 per cent vehicle growth next year, sending the company’s shares up 11 per cent...
