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Tag Archives: raises

Alibaba Raises Forecast After Quarterly Results Top Estimates

HANGZHOU, China — Alibaba Group Holding Ltd. raised its outlook for full-year revenue growth after reporting sales that beat analysts’ estimates, buoyed by advertisers who spent more to lure shoppers. China’s biggest e-commerce company is now predicting a 49 to 53 percent rise in revenue in the current fiscal year, after acquiring and folding in results from its logistics arm Cainiao. ...

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News: Boeing raises guidance following strong third quarter

Boeing has reported third-quarter revenue of $ 24.3 billion with GAAP earnings per share of $ 3.06 and core earnings per share (non-GAAP) of $ 2.72. The figures reflect strong deliveries, services and delivery mix, and overall solid execution, Boeing said in a statement. The company’s cash flow guidance is increased to $ 12.5 billion from $ 12.25 billion, driven ...

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Tidal X Concert, Starring Jay-Z and Jennifer Lopez, Raises $3.7 Million for Natural Disaster Relief

Tidal X: Brooklyn, the third annual charity concert from the Jay-Z-owned streaming platform, raised $ 3.7 million in support of those affected by recent natural disasters, including Hurricane Harvey, Hurricane Irma, Hurricane Maria and the earthquakes that took place in Mexico. Funds will be distributed among organizations including Empire State Relief and Recovery Effort for Puerto Rico, Global Giving, All ...

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Puma Raises Outlook for Third Time This Year

BERLIN, Germany — German sportswear company Puma raised its outlook for 2017 sales and operating earnings for the third time this year on Wednesday, as it reported stronger-than-expected sales growth for the third quarter. Puma’s shares jumped 4 percent after the unscheduled announcement. The company is due to report full quarterly results on October 24. Like its German rival Adidas, which ...

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