Tag Archives: company

Boeing appears to have quietly dropped the “Max” with its 737 Max aircraft in the wake of recent air crashes, instead referring to a 737-8. The new name has so far only been used internally by Boeing and came to the fore when the company issued a statement on Wednesday …

Text size Photo by Alexander Koerner / Getty Images Intel shares are on the rise after the chip company announced an accelerated $ 10 billion program for purchase. Following the completion of the repurchase, Intel said it will have $ 17.6 billion in purchases from the $ 20 billion authorization …

The airline reported a loss of 2.7 billion Australian dollars ($ 1.9 billion) for the fiscal year ending June, and a 91% drop in profit from the previous year. The company said it had lost $ 4 billion ($ 2.9 billion) in revenue in the second half of the fiscal …

Home-building retailers Home Depot and Lowe’s had a phenomenal quarter, but investors are not in the mood to enjoy the profits. Home Depot sales grew by 23.4% in the quarter ended August 2. From last year, while Lowe’s revenue jumped 30% in the quarter ending July 31. Both companies have …

The coronavirus pandemic has widened the gap between winners and losers of retail, increasing the capacity of large U.S. chains that could remain open throughout the pandemic and feed America’s basic needs. The evidence was strong this week when nationwide retailers revealed they were heading out the summer months in …