• ZTE chases 5G growth in Japan as U.S. shuns ‘insecure' Chinese mobile gear

    4 monthes ago - By Venture Beat

    Reeling from highly public accusations of espionage levied by U.S. intelligence officials, Chinese mobile hardware manufacturer ZTE is expanding its sales efforts in Japan, where it is using low-cost 5G cellular equipment to woo potential customers. The Nikkei Asian Review reports that ZTE is working to win 5G contracts from Japanese carriers ahead of the 2020 Tokyo Olympics, which it expects “will become the world's showcase for 5G technology.”
    According to the report, ZTE has priced its hardware at roughly one-fifth the cost of European and Japanese competitors, and is using its growing...
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  • Boeing's 737 MAX-9 aircraft receives FAA approval

    Boeing's 737 MAX-9 aircraft receives FAA approval

    4 monthes ago - By Reuters

    The world's largest plane maker Boeing Co said on Friday the U.S. Federal Aviation Administration had officially certified its 737 MAX-9 aircraft for commercial service.
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  • Campbell Soup organic sales fall as customer dispute continues

    4 monthes ago - By Reuters

    Campbell Soup Co on Friday reported a 2 percent drop in organic net sales in its second quarter as a key customer in North America placed fewer orders for its canned soups.
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  • Deere hit by tax changes, but tops expectations all around

    Deere hit by tax changes, but tops expectations all around

    4 monthes ago - By Stl Today

    MOLINE, Ill. - Deere swung to a loss in its first quarter, weighed down by charges tied to the U.S. tax overhaul, but it easily beat Wall Street expectations when those extraordinary costs are removed.
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  • Futures rise, setting stocks on firm ground for the week

    4 monthes ago - By Reuters

    U.S. stock futures rose on Friday, set to build on a rally that has lasted five straight days as investors shrug off inflation fears and focus on growth in the economy and corporate profits.
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  • Coca-Cola sales beat as consumers drink more vitamin water, coffee

    4 monthes ago - By Reuters

    Coca-Cola Co reported better-than-expected quarterly profit and sales on Friday as it sold more teas, coffees and vitamin water, sending its shares up 2.4 percent.
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  • Kraft Heinz quarterly profit, sales miss estimates

    4 monthes ago - By Reuters

    Kraft Heinz Co's quarterly profit and sales missed analysts' estimates on Friday, hurt by lower shipments for nuts, natural cheese and cold cuts in the U.S.
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  • Deere reports 1Q loss

    Deere reports 1Q loss

    4 monthes ago - By Stl Today

    MOLINE, Ill. - Deere & Co. says it swung to a first-quarter loss of $535.1 million, though sales soared and the company easily beat Wall Street expectations when one-time charges are removed.
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  • Weak U.S. demand weighs on Kraft Heinz's revenue

    4 monthes ago - By Reuters

    Kraft Heinz Co's quarterly revenue missed analysts' expectations on Friday on weakening demand from retailers in the United States for processed foods such as peanuts and cheese.
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  • Coca-Cola sales sink 20 percent, records $3.6 billion tax charge

    4 monthes ago - By Reuters

    Coca-Cola Co reported a 20 percent fall in quarterly revenue on Friday as it continues to sell off its bottling operations, and recorded a $3.6 billion charge related to the new U.S. tax laws.
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  • U.S tractor firm Deere reports quarterly sales up 23 percent

    4 monthes ago - By Reuters

    CHICAGO - U.S. tractor maker Deere & Co said on Friday net sales and revenues rose 23 percent year-on-year to $6.91 billion in the quarter ending Jan. 28.
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