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(Reuters) — Samsung Electronics posted its slowest quarterly profit growth in more than a year on Tuesday as the sluggish global smartphone market weighed on earnings, although the chip business continued to perform well. Operating profit for the world’s biggest chipmaker and smartphone maker rose 5.7 percent to 14.9 trillion won ($ 13.3 billi…Read More
Tesla Tesla asked suppliers for a refund in order to help it become profitable, the Wall Street Journal reported Sunday. Shares fell more than 4% after the report. Follow Tesla’s stock price in real-time here. Tesla has asked some of its suppliers for refunds in order to help it reach its profitability goal, the Wall […]
Enlarge / Here, have some antibiotics. (credit: Getty | Bloomberg) Popular urgent care centers may be the biggest—and most overlooked—culprits in the dangerous overuse of antibiotics in clinics, according to a new analysis in JAMA Internal Medicine. Based on insurance claims from patients with employee-sponsored coverage, researchers estimated that about 46 percent of patients who […]
Samsung’s projected operating profit for April to June of 2018 is around $ 700 million more than its profit from the same period last year. At $ 13.2 billion, though, it’s still going to be much smaller than the $ 14 and the $ 14.4 billion profit it posted in the last quarter of 2017 […]
Enlarge / Sprint retail location in Cleveland, Tennessee, on June 19, 2016. (credit: Getty Images | TennesseePhotographer) Sprint yesterday announced “the best profitability in company history” thanks to growth in its customer base, just days after saying it needed to merge with T-Mobile USA in order to improve its network. If Sprint was doing worse, […]
Jeff Daly/NBCU Photo Bank via Getty Images In an environment of rising bond yields, Qantas benefits from its negative working capital position. The company is able to tap unique funding sources, such as up-front payments by banks for its Frequent Flyer program. Qantas’ negative working capital position is by far the highest among ASX200 companies. […]
(Reuters) — Samsung said weakness in the global smartphone market would slow earnings growth, as it reported record quarterly profit on Thursday thanks to strong demand for semiconductors used in servers. The world’s biggest maker of memory chips, smartphones and television sets also flagged softer demand for smartphone OLED panels as a chall…Read More
Enlarge / Mark Karpeles, former chief executive officer of Mt. Gox, departs following a news conference in Tokyo, Japan, on Tuesday, July 11, 2017. (credit: Akio Kon/Bloomberg via Getty Images) This week, Bitcoin’s most despised man subjected himself to the Internet equivalent of a den of vipers: Reddit. In a surprising post, entitled “I’m Mark […]
The Last Jedi divided fans and took $ 800million less than The Force Awakens. Shouled Disney be worried? Can those angry fans feel vindicated and take comfort that the movie they slammed has performed badly? Mark Hamill has just blasted Disney for releasing too many Star Wars movies too close together. Is he right? Have they […]
With all the trimmings “WHEN are you thinking of dying?” asks John Cleese, a British comedian, in a recent television ad. Dressed as the Grim Reaper, he addresses the viewer as he prepares a cup of tea. “Your loved ones could be left all alone and distressed and facing a whacking great bill,” he warns. […]
