Sales

Dell cuts workers in sales team reorganisation with new AI-focused unit
Dell cuts workers in sales team reorganisation with new AI-focused unit
August 6, 2024
DELL Technologies is cutting jobs as part of a reorganisation of its sales teams that includes a new group focused on artificial intelligence (AI) products and services.“We are getting...
UK car industry body cuts 2024 sales forecast on weak EV demand
UK car industry body cuts 2024 sales forecast on weak EV demand
August 5, 2024
BRITAIN’S auto industry body cut its 2024 forecast for new car sales on Monday (Aug 5), saying weak private retail demand for electric vehicles (EVs) is an overriding concern. New...
Isetan Singapore narrows H1 loss to S6,000 but faces lower sales
Isetan Singapore narrows H1 loss to S$126,000 but faces lower sales
August 2, 2024
The latest set of results comes after a major shareholder proposed to take Isetan privateJAPANESE retailer Isetan Singapore recorded a net loss of S$126,000 for the six months ended...
Nintendo Switch sales halve and profit tumbles as successor device awaited
Nintendo Switch sales halve and profit tumbles as successor device awaited
August 2, 2024
JAPAN’S Nintendo said sales of its aging Switch console almost halved in the April-to-June first quarter and profit slumped, falling far short of estimates.The gaming giant sold just 2.1...
Snap shares tumble on weaker quarterly sales, profit outlook
Snap shares tumble on weaker quarterly sales, profit outlook
August 2, 2024
SNAP shares tumbled in extended trading after the company reported disappointing second-quarter sales and gave a lower-than-expected outlook for earnings in the current period.The weak financial results overshadowed stronger...
Thomson Reuters raises sales forecast as earnings top estimates
Thomson Reuters raises sales forecast as earnings top estimates
August 1, 2024
THOMSON Reuters reported second-quarter earnings that topped Wall Street expectations on Thursday (Aug 1) as revenue rose 6 per cent and it continued to aggressively deploy artificial intelligence technology...
Moderna cuts 2024 sales forecast, sees low EU vaccine revenue into 2026
Moderna cuts 2024 sales forecast, sees low EU vaccine revenue into 2026
August 1, 2024
MODERNA on Thursday (Aug 1) cut its 2024 sales forecast for Covid-19 and respiratory syncytial virus vaccines by up to 25 per cent, or US$1 billion, due partly to...
DHL beats expectations on Q2 sales and profit
DHL beats expectations on Q2 sales and profit
August 1, 2024
GERMAN logistics giant DHL reported second-quarter revenue and earnings slightly above expectations on Thursday (Aug 1) as air and ocean freight volumes showed modest improvements from a low starting...
Meta sales beat estimates on advertising growth; shares jump
Meta sales beat estimates on advertising growth; shares jump
July 31, 2024
META Platforms reported better-than-expected sales for the second quarter, offering evidence that the company’s heavy investments in artificial intelligence (AI) are helping it sell more targeted and personalised advertisements.Shares...
KKR profit soars 49% on improving asset sales, beating estimates
KKR profit soars 49% on improving asset sales, beating estimates
July 31, 2024
KKR & Co posted a second-quarter profit that beat Wall Street estimates as the buyout firm generated more income than expected from selling assets. Adjusted net income climbed 49 per...