BOSTON – The National Sales Director of the now-defunct New England Compounding Center (NECC) was sentenced today in federal court in Boston in connection with conspiring to defraud the Food …
Sales
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By Tim Kelly and Maki Shiraki TOKYO – South Korea’s Hyundai Motor Co said on Tuesday it is returning to Japan 12 years after leaving because of poor sales, as …
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By Sam Nussey TOKYO – The collapse of SoftBank Group Corp’s deal to sell chip designer Arm to Nvidia marks a major setback to the Japanese conglomerate’s efforts to generate …
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BERLIN – Luxury carmaker Porsche AG expects another record year for sales despite the global semiconductor chip shortage, its sales chief was quoted as saying by industry magazine Automobilwoche. “When …
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By Jacob Gronholt-Pedersen COPENHAGEN -Carlsberg plans to raise beer prices to offset rising raw material costs, potentially hitting beer sales this year, the Danish brewer said on Friday. The world’s …
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By Paresh Dave – Amazon.com Inc has racked up four straight quarters of cloud computing sales growth, a streak analysts are calling impressive and easing concerns that a customer shift …
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TOKYO – Japanese is not considering reviewing future national sales tax rates as the current 10% levy provides a vital source of funding the social security spending to support its …
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By Chibuike Oguh – Carlyle Group Inc said on Thursday its fourth-quarter distributable earnings increased almost fourfold thanks to a record level of asset sales from its private equity portfolio …
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– Electronic Arts Inc lowered its annual adjusted sales forecast after missing quarterly estimates on Tuesday, as the video game publisher faces the brunt of easing pandemic restrictions and fewer …
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GABORONE – Sales of rough diamonds by Debswana Diamond Company jumped 64% in 2021, statistics released by the Bank of Botswana showed on Monday, driven by the reopening of key …
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Gun sales surged to a record high in 2021, fueled by first-time gun owners, according to the National Shooting Sports Foundation (NSSF). At least 5.4 million people purchased firearms for …
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By Ananya Mariam Rajesh -Vans shoe maker VF Corp cut its full-year revenue forecast on Friday as it struggles with material shortages, labor issues at factories and slump in sales …
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PARIS – Shares in LVMH rose on Friday after the world’s largest luxury goods conglomerate reported an acceleration in its fourth quarter sales growth. LVMH shares were up 3.9 percent …
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Brother and Sister Indicted on Drug Conspiracy and Other Charges Following Investigation of Fentanyl Sales
by DOJ PressWASHINGTON – A brother and sister were arrested yesterday on charges stemming from an investigation by federal and local law enforcement agencies into a …
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MILAN – Sales at Italian luxury group Salvatore Ferragamo rose by 31.4% last year, in line with market expectations, although they are still far below pre-pandemic levels. The leather goods …
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By Arathy Somasekhar and Ruhi Soni -Dow Inc on Thursday forecast better-than-expected sales for the current quarter after fourth-quarter results beat estimates, helped by higher prices for its products as …
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WASHINGTON – Contracts to buy U.S. previously owned homes fell for a second straight month in December amid record low inventory. The National Association of Realtors (NAR) said on Thursday …
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By Mike Stone and Nathan Gomes -Northrop Grumman Corp missed fourth-quarter revenue estimates on Thursday as labor shortages and supply chain snarls hampered its ability to deliver components for defense …
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By Richa Naidu LONDON -Drinks group Diageo on Thursday reported first-half sales up nearly 16%, buoyed by high-end spirits for home use while bars increased orders as they reopened after …
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WASHINGTON – Sales of new U.S. single-family homes jumped to a nine-month high in December, boosted by a severe shortage of previously owned houses on the market. New home sales …
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General Electric (GE) reported a disappointing fourth-quarter earnings report as the electricity giant pointed to continuing supply chain woes to explain its dip in revenue, the company reported. GE’s fourth-quarter …
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A major N95 mask manufacturer saw a rise in sales during the Omicron variant surge and expects to profit further from new guidance issued by the Centers for Disease Control …
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By Mike Stone – U.S. weapons maker Lockheed Martin Corp reported better-than-expected quarterly profit on Tuesday, helped by a strong performance at its ships and helicopters unit and venture capital …
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NEW YORK – The U.S. Federal Reserve could resort to outright asset sales to reduce its balance sheet as part of plans to fight unabated inflation, a Credit Suisse analyst …
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By Silke Koltrowitz ZURICH – LVMH’s luxury watch brands Hublot and Bulgari have pushed sales above 2019 levels in the past year and more growth is expected this year on …